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BitShares($BTS)
$0.01148541
Low $0.01100005
High $0.01160671
What is BitShares?
BitShares (symbol BTS), formerly known as ProtoShares (PTS), is an industrial grade “crypto-equity”, peer to peer distributed ledger and network based on a <a href="https://www.coingecko.com/en?hashing_algorithm=Delegated+Proof-of-Stake&vie...
BitShares (symbol BTS), formerly known as ProtoShares (PTS), is an industrial grade “crypto-equity”, peer to peer distributed ledger and network based on a Delegated Proof of Stake (DPoS) algorithm. It was created in 2014 by visionary Dan Larimer (“Bytemaster”), co-founder of Steemit, EOS and Cryptonomex. BitShares is based on Graphene, an open source C++ blockchain implementation, which acts as a consensus mechanism. Graphene is used by several other projects like Steemit.com (decentralized Reddit, blog platform), and PeerPlays.com (gaming site and token PPY) indicating real-world usage.
BitShares competes with banks by issuing collateralizing market-pegged and stable bitAssets (also called smart coins). This means crypto-based assets track real-world market assets like the US dollar denominated “bitAsset” known as bitUSD. This tracks the movements of the dollar by aggregating a variety of data sources that are maintained by the BitShares community. This Smart Coin token always has at least 200% (or more) of its value backed by the BitShares core currency (BTS), to which it can be converted at any time, as collateral in a smart-contract based loan managed by the blockchain.
A SmartCoin is a cryptocurrency whose value is pegged to that of another asset, such as the US Dollar or gold. SmartCoins always have 100% or more of their value backed by the BitShares core currency, BTS, to which they can be converted at any time at an exchange rate set by a trustworthy price feed. BitShares provides a high-performance decentralized exchange, with all the features you would expect in a trading platform. It can handle the trading volume of the NASDAQ, while settling orders the second you submit them. High performance blockchain technology is necessary for cryptocurrencies and smart contract platforms to provide a viable alternative to existing financial platforms.
BitShares BTS is considered a legacy coin as it predates most exchanges (and publications) and is responsible for the crypto trading pair concept. It’s also the first delegated Proof of Stake blockchain and uses community-elected delegates for governance.
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Funds
Influencers
CoinScouts Grade
Market Statistics
Volume
$2,390,205.00
Market Cap
$31,124,176.00
Fully Diluted
$41,354,028.45
Market cap Value
7.68 %
Circulating Supply
2,710,195,992
Max Supply
3,600,570,502
Total Supply
2,994,885,749
% of Max Supply
75.27%Self Reporting
Self-Reporting Dashboard (SRD)
Statistics
BitShares Statistics
Name
BitSharesTicker
BTSPrice
$0.0114854124 Hour Trading Volume
$2,390,205.0024 Hour Volume Change
2.16%Market cap
$31,124,176.0024 Hour Market Cap Change
4.20%Fully Diluted Market Cap
$41,354,028.45Price change 24 hour
1.10%Price change 7 days
4.20%Price change 14 days
-4.52%Price change 30 days
-5.35%All Time Low/High
$0.00271635 | $0.923921Percentage Change Since All Time High
-98.76%Percentage Change Since All Time Low
322.74%Market cap rank
#598Volume / Market Cap
0.07680Issuance Blockchain
BitsharesCirculating Supply
2,710,195,992 (90.49%)Max Supply
3,600,570,502Total Supply
2,994,885,74924h Volatility
$0.00Twitter Followers
936Telegram Users
1,054Reddit Subscribers
7,521Github subs
0Github issues
0BitShares Markets
Upcoming BitShares Events
No upcoming events for BitShares known.
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BitShares News
No news for BitShares known.