BitShares

BitShares is a blockchain platform designed for decentralized exchange and asset issuance. It enables users to trade digital assets directly on-chain without a central intermediary. The platform uses a delegated proof-of-stake (DPoS) consensus mechanism to process transactions efficiently. Its native token, BTS, powers the network's operations and governance.

BitShares operates as a decentralized exchange where users trade directly from their wallets. The network relies on delegated proof-of-stake (DPoS), where BTS holders vote for witnesses who produce blocks and validate transactions. This design allows for fast block times and high throughput. BitShares also supports market-pegged assets, such as bitUSD, which are collateralized by BTS to maintain stable value.

BTS is the native token of the BitShares network. It is used to pay transaction fees, including trading fees on the decentralized exchange. BTS holders can also stake their tokens to vote for network witnesses and committee members, influencing protocol upgrades and parameters. Additionally, BTS serves as collateral for issuing market-pegged assets like bitUSD and bitBTC.

BitShares focuses specifically on decentralized exchange and asset issuance, rather than general-purpose smart contracts. Its delegated proof-of-stake (DPoS) consensus enables faster transaction processing and lower energy use compared to proof-of-work systems. Unlike many platforms, BitShares integrates an on-chain order book and market-pegged assets, allowing users to trade and create stablecoins directly on the network.

BitShares (BTS) is a cryptocurrency launched in 2015. BitShares has a current supply of 2,995,060,000. The last known price of BitShares is 0.

BitShares is currently priced at $0.001163, down 2.82% in the last 24 hours. It is ranked #1345 by market capitalization. Over the past 7 days, BTS is down 4.40%.

BitShares has a market capitalization of $3.48M. The 24-hour trading volume is $97,755.89, reflecting the total value of BTS traded across all exchanges in the last day.