|Brief||The BitShares platform itself is run and maintained by the BitShares community - an open consortium of individuals and organizations committed to providing universal access to the power of smart contracts.|
|Last updated:||Monday, October 14, 2019 5:56:02AM UTC|
|Current price, USD:||0.027|
|Current price, BTC:||0.0000033|
|Market capitalization, USD:||74 742 897|
|Available supply:||2 745 500 000 BTS|
|Volume 24 hours, USD:||2 196 939|
General BTS facts, technical details and general information about BitShares crypto currency
The BitShares platform itself is run and maintained by the BitShares community–an open consortium of individuals and organizations committed to providing universal access to the power of smart contracts.
Working together, this community has designed and developed the BitShares platform to include numerous innovative features which are not found elsewhere within the smart contract industry.
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. In all but the most extreme market conditions, SmartCoins are guaranteed to be worth at least their face value (and perhaps more, in some circumstances). Like any other cryptocurrency, SmartCoins are fungible, divisible, and free from any restrictions.
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. With this kind of performance on a decentralized exchange, who needs risky centralized exchanges?
High performance blockchain technology is necessary for cryptocurrencies and smart contract platforms to provide a viable alternative to existing financial platforms. BitShares is designed from the ground up to process more transactions every second than VISA and MasterCard combined. With Delegated Proof of Stake, the BitShares network can confirm transactions in an average of just 1 second, limited only by the speed of light.
BitShares designs permissions around people, rather than around cryptography, making it easy to use. Every account can be controlled by any weighted combination of other accounts and private keys. This creates a hierarchical structure that reflects how permissions are organized in real life, and makes multi-user control over funds easier than ever. Multi-user control is the single biggest contributor to security, and, when used properly, it can virtually eliminate the risk of theft due to hacking.
BitShares is the first smart contract platform with built-in support for recurring payments and subscription payments. This feature allows users to authorize third parties to make withdrawals from their accounts within certain limits. This is a convenient way to “set it and forget it” for monthly bills and subscriptions.
We list daily BitShares historical data for the past 10 days
|Date||Open, $||Min, $||Max, $||Market cap, $|
|Oct 05||0.029||0.029||0.029||79 221 280|
|Oct 06||0.029||0.028||0.029||76 834 565|
|Oct 07||0.028||0.028||0.029||78 979 715|
|Oct 08||0.029||0.028||0.029||79 330 269|
|Oct 09||0.029||0.029||0.029||79 422 016|
|Oct 10||0.029||0.028||0.029||77 114 420|
|Oct 11||0.028||0.027||0.028||76 467 692|
|Oct 12||0.028||0.027||0.028||75 695 521|
|Oct 13||0.028||0.027||0.028||75 452 330|
|Oct 14||0.028||0.027||0.028||74 742 897|
|BTS price change 24 hours||-1.49%|
|BTS price change 7 days||-3.12%|
I am not particularly fond of BitShares mainly because it has a somewhat confusing concept and a really weak price swings. I mean once the price of BTS makes a significant move in any direction, it then always enters a super long consolidation period during which there's not much action going on. Therefore, I have missed out on a price move, especially if it's a dip, then you would be stuck with BitShares for weeks.
I was never into bitshres and I still don't think its a good project. I do however think its good for a short term move coming up. A lot of chatter about Bitshres coming down the pipe.
Bitshares has been a bumpy road. I'm curious about what the user below me is talking about regarding BitShares X? Will there be a new token? Is it an airdrop or is it an actual fork? I would like to participate if this means an airdrop.
After the last block on February 28, a snapshot of the BitShares-PTS balances (formerly ProtoShares) will be taken. Based on this snapshot, a BitShares X test chain will be launched later in March, which, if everything goes well, will become real. If there are problems in it, a new test chain will be launched, but again based on a snapshot of balances from February 28.
We publish the most accurate BitShares Forecasts and News including crypto industry experts' opinion on a daily basis