BitShares
| Last updated | 7 hours ago |
| Price per BTS in USD | $ 0.0012819024384685 |
| Price per BTS in Bitcoin | 0 |
| Volume over the last 24 hours | $ 92,577 |
| Market cap in USD | $ 3,839,375 |
| Change in % over the last hour | 0.38290906 |
| Change in % over the last 24 hours | 0.34082391 |
| Change in % over the last 7 days | -0.13650016 |
BTS specifications
| Name | BitShares |
| Symbol | BTS |
| Minable | No |
| Algorithm | N/A |
| Prooftype | DPoS |
Coin description
BitShares is a decentralized exchange (DEX) and financial platform built on blockchain technology. It uses a delegated proof-of-stake (DPoS) consensus mechanism, allowing token holders to vote for witnesses who validate transactions. BitShares focuses on enabling fast, low-cost transactions and supporting stablecoins pegged to real-world assets like USD.
BitShares Decentralized Finance
BitShares' DEX allows users to trade assets without intermediaries, reducing costs and increasing transparency. Its native stablecoin, BitUSD, provides a hedge against cryptocurrency volatility, making it appealing to traders and merchants. Additionally, BitShares' governance model ensures that decisions are made democratically, fostering a strong sense of community ownership.
One of BitShares' strengths lies in its ability to handle high transaction volumes without congestion. Its DPoS mechanism ensures near-instant confirmations, making it ideal for applications like remittances and micropayments. Keywords like BitShares DEX and decentralized stablecoins are closely associated with this project.