Today's BitShares Price Summary
BitShares's price today is $0.01 USD, with a 24-hour trading volume of $41,705,802 USD. BTS is up 10.47% in the last 24 hours. BitShares is currently ranked #519 with a market capitalization of $31,094,051 USD.
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Ranked # 519
Price
$0.01 (10%)
All Time High
$0.92 (-99%)
Market Cap
$31,094,051
Volume (24h)
41,705,802
Circulating Supply
2,710,195,992 BTS
What is BitShares?
BitShares aims to expand the idea of block chain to all companies that depend on the internet to provide their services.
Bitshares consensus system is based on C++ implemented blockchain called Graphene and their tokens will be of equity than traditional currencies since it will be used as collateral for all the decentralized services which the platform facilitates. It will also use a DPOS consensus mechanism which makes it possible for each block to be formed every 1.5 seconds resulting in an amazing through put of 100K transactions per second.
These companies of all types make use of a digital public ledger. This allows for the creation of distributed autonomous companies (or DACs) that give better quality services at a relatively small cost compared to that incurred by their more traditional, centralized counterparts. Bitshares issue what is called smart coins whose value is backed by BTS.
Founder: Dan Larimer
Release Date: 2013
What type of cryptocurrency is BitShares?
The BTS token on the BitShares network is classified as a type of Asset.
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11 months ago
