Exchange rate BitShares:
0.046360zł
Market capitalization
Volume (24h)
Supply in circulation
All-Time High
All-Time Low
Popularity by CMC
1h | 24h | 7d | 14d | 30d | 1y |
---|---|---|---|---|---|
-2.3% | -8.93% | -1.29% | -17.02% | -16.39% | -74.16% |
Oceń kryptowalute
What Is BitShares?
The Bitcoin Shares network is a decentralized network designed to provide an efficient global payment system for the secure trading of cryptocurrencies without the need for intermediaries. It was originally launched in July 2014 under the name ProtoShares (PTS) but was rebranded to BitShares (BTS) less than a year later. BitShares (BTS) are the native utility tokens of the platform, and can be used for multiple purposes, including the creation of smartcoins known as BitAssets, which can represent practically anything, from reward points to cryptocurrencies.
The BitShares platform is managed by a decentralized autonomous company (DAC), which allows BTS token holders to decide the future of the platform, and decide which features to add next. It runs on an open-source blockchain implementation known as Graphene, which is reportedly capable of processing up to 100,000 transactions per second (TPS) — making it faster than both MasterCard and VISA combined.
Founders of BitShares
Hoskinson is a mathematician and entrepreneur who was one of the original eight co-founders of Ethereum, behind Bitcoin, the world's most successful blockchain. Today, Hoskinson works as the CEO of Input Output HK (IOHK), the research and development company behind Cardano (ADA).
Features of BitShares
BitShares uses distributed autonomous companies (DACs) to produce a self-governing, self-financing system that allows BTS holders to set the business rules that govern the BitShares ecosystem through a secure proposal and voting procedure. It is also one of the few blockchain platforms to completely do away with addresses. Instead, it uses simple memos to distinguish users, making it one of the more accessible crypto platforms. It is also built around a popular referral program that is used to incentivize the growth of the network by distributing upgrade fees between referrers and the BitShares network.