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$0.00978742
Low $0.00967747
High $0.01036441
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 <a href="https://www.coingecko.com/en?hashing_algorithm=Delegated+Proof-of-Stake&view=market">Delegated Proof of Stake (DPoS)</a> algorithm. It was created in 2014 by visionary Dan Larimer (“Bytemaster”), co-founder of <a href="https://www.coingecko.com/en/coins/steem">Steemit</a>, <a href="https://www.coingecko.com/en/coins/eos">EOS</a> 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 <a href="https://www.coingecko.com/en/coins/peerplays">PeerPlays.com</a> (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.
Tags
Funds
Influencers
CoinScouts Grade
4Market Statistics
Volume
$2,242,836.00
Market Cap
$26,494,643.00
Fully Diluted
$35,240,295.74
Market cap Value
8.47 %
Circulating Supply
2,710,195,992
Max Supply
∞
Total Supply
3,600,570,502
% of Total Supply
(75.27%)Statistics
BitShares Statistics
Name
BitSharesTicker
BTSPrice
$0.0097874224 Hour Trading Volume
$2,242,836.0024 Hour Volume Change
-50.97%Market cap
$26,494,643.0024 Hour Market Cap Change
-5.26%Fully Diluted Market Cap
$35,240,295.74Price change 24 hour
10.59%Price change 7 days
-5.26%Price change 14 days
29.75%Price change 30 days
-12.58%All Time Low/High
$0.00271635 | $0.923921Percentage Change Since All Time High
-98.94%Percentage Change Since All Time Low
260.31%Market cap rank
#559Volume / Market Cap
0.08465Issuance Blockchain
BitsharesCirculating Supply
2,710,195,992 (75.27%)Max Supply
∞Total Supply
3,600,570,50224h Volatility
$0.00Twitter Followers
19,135Telegram Users
0Reddit Subscribers
7,503Github subs
166Github issues
1,224BitShares Markets
Upcoming BitShares Events
No upcoming events for BitShares known.
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