BitShares

BitShares BTS

Decentralized org. structure
  • Digital currency
  • Voting
  • Exchange
  • Crowdfunding
  • Decentralized companies
  • Pegged usd
34 Rank
$0.3727 Price
2.01% % 24h
-1.54% % 1h
$971,773,834 Mkt. Cap
$50,011,700 Vol. 24h
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BitShares project purpose and description

BitShares purpose and aspects

distributed multi-user database, permissions managed by a defined set of rules, asset management, Trustless transactions between parties, Freedom of payments, Counterfeiting impossible, Fraud resistant, No single point of failure, free to hold

Short description

BitShares is a technology supported by next generation entrepreneurs, investors, and developers with a common interest in finding free market solutions by leveraging the power of globally decentralized consensus and decision making. Consensus technology has the power to do for economics what the internet did for information. It can harness the combined power of all humanity to coordinate the discovery and aggregation of real-time knowledge, previously unobtainable. This knowledge can be used to more effectively coordinate the allocation of resources toward their most productive and valuable use.

Abstract

BitShares 2.0 is an industrial-grade decentralized platform built for high-performance financial smart contracts. The decentralized exchange that allows for trading of arbitrary pairs without counterparty risk facilitates only one out of many available features. Market-pegged assets, such as the bitUSD, are crypto tokens that come with all the advantages of traditional cryptocurrencies like bitcoin but trade for at least the value of their underlying asset, e.g. $1. Furthermore, BitShares represents the first decentralized autonomous company that lets its shareholders decide on its future direction and products.

Link to Roadmap: https://bitshares.org/roadmap.html
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