BitShares (BTS) offers decentralized exchange (DEX) and user-issued assets (UIAs) for innovative financial solutions. More
Fully Diluted Valuation | $3.86M |
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24H Trading Volume | $93,823 |
24H Low / High | $0.00 / $ 0.00 |
Circulating Supply | 2.71 B |
Total Supply | 3.00 B |
Max Supply | 3.60 B |
Categories | Exchange-based Tokens 2 more |
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Founder | Daniel Larimer 1 more |
Website | bitshares.build Whitepaper 1 more |
Socials | 10 more |
Explorer | Energi 1 more |
Name | Pair | OG Score |
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BitShares Blockchain: A Decentralized Approach to Financial Technology
BitShares Blockchain stands out as a decentralized platform designed to revolutionize financial technology operations. Launched in 2015, BitShares operates on a "Blockchain as Organization" (BaO) model, where the core utility token (BTS) holders shape the platform's future direction. This unique approach allows for a decentralized autonomous community that actively participates in developing and maintaining a variety of financial technology products and features.
Founded by Cryptocurrency Innovators
The platform was co-founded by Daniel Larimer and Charles Hoskinson, both prominent figures in the cryptocurrency space. Larimer is known for his work on EOS.IO and Steemit, while Hoskinson is a co-founder of Ethereum and the CEO of Input Output HK (IOHK), the company behind Cardano (ADA).
Revolutionizing Exchange with Decentralization
At its core, BitShares Blockchain serves as a decentralized exchange (DEX), enabling users to trade digital assets directly without the need for a central intermediary. The platform's architecture ensures high performance and industrial-grade operations, making it ideal for a wide range of financial applications.
Enabling Innovation with User-Issued Assets
One of the key features of BitShares is its ability to support user-issued assets (UIAs). These assets can represent a variety of real-world assets, including fiat currencies, commodities, and even other cryptocurrencies. This flexibility opens up new possibilities for entrepreneurs, investors, and developers looking to create innovative financial solutions.
Decentralized Governance and Decision-Making
BitShares also leverages decentralized consensus and decision-making mechanisms, allowing for efficient coordination and allocation of resources. This approach democratizes the platform, giving all participants a voice in its governance and development.
Empowering BTS Token Holders
The platform's core token, BTS, plays a crucial role in the BitShares ecosystem. It is used for transaction fees, development purposes, and governance. BTS holders have the power to influence the platform's future through decentralized voting functions, enabling them to issue utility to developers and assign committee members to maintain dynamic parameters.
Efficient and Secure Transactions with DPoS
BitShares' commitment to innovation is reflected in its use of Delegated Proof of Stake (DPoS) consensus mechanism. This approach ensures efficient and secure transactions, making BitShares a reliable platform for decentralized financial operations.
A Pioneering Platform for Financial Technology
In conclusion, BitShares Blockchain is a pioneering platform that is reshaping the financial technology landscape. Its decentralized approach, coupled with its focus on high performance and user empowerment, makes it a compelling choice for those looking to participate in the future of finance.
BitShares Blockchain stands out for its decentralized "Blockchain as Organization" (BaO) model, empowering BTS holders to shape its future. It offers a decentralized exchange (DEX) and supports user-issued assets, enabling innovative financial solutions.
BitShares Blockchain was co-founded by Daniel Larimer, known for his work on EOS.IO and Steemit, and Charles Hoskinson, a co-founder of Ethereum and CEO of IOHK.
You can buy BitShares (BTS) on MEXC, Gate.io, LATOKEN, Poloniex cryptocurrency exchanges.
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