BitShares Price & Charts


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Bitshares News

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  • EasyDex Bitcoin Gateway Launched! June 15, 2018
    submitted by /u/Taurus1983 [link] [comments]
    /u/Taurus1983
  • OpenLedger DEX to Support Everipedia IQ Token Airdrop June 15, 2018
    submitted by /u/ccedk_pro [link] [comments]
    /u/ccedk_pro
  • Question About EOS On Trusty.Fund June 15, 2018
    So, I have some EOS in my Trusty wallet. Now, what do I do with them? I have tried to manage funds to see if I can trade some of it for other assets, but it won't work. Trusty claimed a lot on their FAQ, but my experience tells me it is nothing but a […]
    /u/newredd247
  • OpenLedger DEX Access Issue Update. Reimbursement Program to Be Launched June 14, 2018
    submitted by /u/ccedk_pro [link] [comments]
    /u/ccedk_pro
  • BitShares -- State Of The Network (12 JUN 2018) June 14, 2018
    submitted by /u/kryptosapien [link] [comments]
    /u/kryptosapien
  • trusty and openledger troubles June 13, 2018
    Hi, I use trusty.fund wallet. Lately, after the recent hack of openledger, I have been having problems withdrawing my funds at trusty. The wallet would show recent transactions as "sent". But the destination wallets like binance, conomi to where I sent my funds will not show receiving any funds. Recently, yesterday, I sent 78 EOS […]
    /u/newredd247
  • Anyone else having issues loading the DEX on mobile? June 12, 2018
    I used to be able to load BitShares decentralized exchanges no problem, but lately when I try to load it, it just stays black and doesn’t load. I’ve tried both Safari and Google Chrome. Any suggestions? submitted by /u/MoneroMel [link] [comments]
    /u/MoneroMel
  • Join The MILK Bounty Campaign!!! June 11, 2018
    Help Project Milkbox on their mission to track down missing people & reunite broken families. Enter the MILK Bounty Campaign. Tons of ways to participate. Check the link below for full details. https://steemit.com/projectmilkbox/@milkbox.info/milkbox-bounty-campaign-get-milk-working-with-us submitted by /u/ThePocketFeeder [link] [comments]
    /u/ThePocketFeeder
  • Could Bitshares 3.0 become a BP on EOS blockchain June 9, 2018
    We know Bitshares 3.0, is meant to be a side chain connecting Bitshares to EOS, so why couldn't it become a BP on EOS blockchain submitted by /u/batfinkler [link] [comments]
    /u/batfinkler
  • Trade Recommendation: BitShares June 9, 2018
    submitted by /u/usanews2018 [link] [comments]
    /u/usanews2018

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What Is Bitshares ?

Bitshares is a crypto platform run by the BitShares community. The goal of this open community is to bring universal access of the smart contracts technology to the masses.

It aims to use innovative approaches in their philosophy to their advantage. For this purpose, they are hoping to bank on the philosophy of “Smart coins” to introduct much needed stability into the coin market.

Now what is a smart coin?

Smart Coin is a coin whose value is pegged to that of another asset that makes it much more stable. The asset is usually a fiat currency or gold. BitShares has announced that its BTS coins are backed by fiat currency like Dollar and therefore they are at least valued at their face value no matter what happens to the coin market. In most cases it is going to be more than the face value but if everything fails, the face value is always going to be there as a safeguard.

Team

BitShares is the brainchild of an open community. There are a number of people who contributed to it. They include

Dan “Bytemaster” Larimer-ex-Co founder and CEO

Charles Hoskinson- ex-Co-Founder

Li Xiaolai-Chinese investor and owner

Practical Uses

BitShares also provides a high-volume high-performance decentralized exchange platform. It offers an alternative to the centralized exchanges that are operating around the world but it offers a much higher volume possible with the ability to handle the trading volume of NASDAQ itself! This is decentralization at its best.

Its platform has industrial-level scalability and performance. BitShares is designed to grow intrinsically and eventually handle more transactions than VISA and Mastercard combined. Using its proof-of-stake algorithm, the BitShares platform can confirm transactions in just 1 second only. It also offers dynamic management of corporate environment, flexible withdrawing options and regulation compatible crypto asset issuance.

Mining

BitShares is one of the few coins that are running proof-of-stake system. There is no resource intensive mining as compared to the proof-of-work systems like bitcoin. You just need to hold enough coins and each witness has a window of 3 seconds to confirm a block. This allows the distribution of the new coins among coins holders on a more fair basis and keeps in check the mining process.

Notes for Investors

The BitShare might be a worthy platform and currency for the future. In many ways, it is like Ethereum that offers a lot of services inside its blockchain that is primarily focused on the running of big companies.