BitShares - chaia

BTS

#123

market capitalization

$75,930,513

price

7.07%

$0.0279

bitcoin price

6.96%

BTC0.00000255

ethereum price

8.92%

ETH0.00007375

24h volume

$15,173,406

  • Price
  • Market Cap
  • Exchanges
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Exchange
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Price
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BitShares details

summary

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). Th...is 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.

price & media data

24h high/low:
$0.0294 / $0.0259
All-time-high price:
$0.9239
All-time-high date:
Jan 03, 2018
Distance All-Time High:
-96.97%
Market Capitalization today:
$75,930,513
Media Volume 7 Days:
2
Media Volume Rank:
53

technicals

Circulating Supply:
2,710,195,992 BTS
Total Supply:
3,600,570,502 BTS
Proof Type:
PoS
Hashing Algorithm:
SHA-512

BitShares news response chart

CHAIA aggregates news from the web based on keywords, context and quality parameters.

BitShares Newsfeed

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