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RE: Bitshares - State of the Network - 6th February 2018
I thouroughly enjoyed that report. I'm very excited about the trading bot. I was wondering if you can explain to me the benefit of voting as a Bitshares shareholder. Also apart from the lifetime plan that gives you referral commissions; is there a way to produce passive income on Bitshares?
Voting is your right as a holder of BTS. It is your voice in the direction of the platform.
Only way to recieve BTS from the network is to be a worker, witness, asset issuer (% trading fees) or referrer. Referrer being the most passive option and lowest barrier to entry. There are other asset on the Bitshares network where just owning the asset will give a passive income but not any core assets
Ok thank you @steemvoter. This is a good response. How do I become a worker and what do workers do? Can you also explain a little more about how I can make passice in assets and how I can own or issue them Can my cow count as an asset to peg?