BitShares
$0.003817
+1.47%
  • Rank #954
  • Market Cap 1.38% $10,344,351
  • 24H Spot Volume 5.75% $156,259.39
  • 24H Volume / Market Cap +100.00%+2.00%
  • Circulating Supply 2,710,195,991.53
  • Total Supply 2,995,160,811
  • Max Supply 3,600,570,502.00
  • Fully Diluted Valuation $13,742,757
  • API ID bitshares copy duigou
  • Project Start Date -
  • Contracts & Explorer(s) https://bitsharescan.com/
  • Websites Website
  • Links
    • icon
    • icon
    • icon
    • icon
    • icon
About BTS Roadmap & Milestones
BTS is the native token that powers BitShares, a Peer-to-Peer distributed ledger and network on Graphene based on a Delegated Proof of Stake (DPoS) algorithm designed to provide a more efficient and secure global payment network.

BitShares is a Peer-to-Peer distributed ledger and network based on a Delegated Proof of Stake (DPoS) algorithm and runs on the open-source blockchain implementation Graphene, designed to provide a more efficient global payment network and is commonly used for securely trading cryptocurrencies without any intermediaries. The platform is powered by the BitShares (BTS) token, a native utility token that can be used for several purposes, including the creation of collateralizing market-pegged and stable smartcoin known as "bitAssets". 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.

One of BitShares’ major distinguishing features is its integrated decentralized cryptocurrency exchange platform (DEX), which allows users to trade regular cryptocurrencies, as well as more traditional financial instruments (via BitAssets) without middlemen. Because of its native DEX and support for synthetic assets (BitAssets), BitShares is often touted as the world’s first DeFi capable blockchain. As we previously touched on, 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. BitShares 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. It was the first blockchain to use self-governed delegated proof-of-stake (DPoS) technology and has an ~3-second processing time for transactions, making it one of the fastest blockchains currently operating. In September 2020, the BitShares platform underwent a hard fork, leading to the creation of New BitShares (NBS) — a derivative project that is not affiliated with the original BitShares. As a result of the fork, BTS holders were airdropped NBS tokens at a 1:1 ratio. 
 

Expand
Related News
Frax Finance to Turn Back on the Revenue Sharing for veFXS  Holders Frax Finance to Turn Back on the Revenue Sharing for veFXS Holders
CoW Launches AMM Solution to Protect LP from MEV CoW Launches AMM Solution to Protect LP from MEV
Frax Finance Launches Ethereum Layer 2 Fraxtal Frax Finance Launches Ethereum Layer 2 Fraxtal
Aevo Exchange Announces $AEVO Airdrop and New Farming Program Aevo Exchange Announces $AEVO Airdrop and New Farming Program
Visa Introduces Crypto Withdrawals and Payments on Debit Card Visa Introduces Crypto Withdrawals and Payments on Debit Card
Latest News More More
BlackRock's Spot Bitcoin ETF Recorded $1.3B Daily Trading Volume, Breaking Monday's Record
Decentralized Social Graph Protocol Lens Enters Permissionless Stage
15 Hours Ago All in Bits to Launch GovGen Chain ahead of Cosmos Hub AtomOne Fork
16 Hours Ago Bitcoin ETFs Daily Trading Volumes on Record High
1 Day Ago New Stablecoin Protocol Ethena Captured over 5% of Global $ETH Perpetual Futures Open Interest
delate
Use TokenInsight App All Crypto Insights Are In Your Hands
Open