BitShares PriceVote (0)
BitShares (BTS) price has declined today.
The price of BitShares (BTS) is $0.010068916459 today with a 24-hour trading volume of $2,174,193.70. This represents a -0.60% price decline in the last 24 hours and a -0.50% price decline in the past 7 days. With a circulating supply of 2.7 Billion BTS, BitShares is valued at a market cap of $27,274,307.
BitShares Blockchain is a decentralized “Blockchain As Organization” (BAO); an industrial-grade decentralized Web 3.0 platform built for high-performance financial means and smart contracts. It represents the first decentralized autonomous community that enables its core token holders to decide its future direction and financial products. In contrast to other smart contracting platform, its strictly focused on security and reliability which allowed BitShares Blockchain to become the largest host of decentralized exchanges worldwide.
BitShares Blockchain is similar to a publicly owned company or open joint-stock companies. Yet, unlike traditional entities, BitShares Blockchain does not require registration in any jurisdiction, because trust between it’s users is mediated by an (AI) technology over the internet.
BitShares Blockchain is reinventing the global equity blockchain – that is secure, smart and easy-to-use platform, and completely disrupting the way businesses raise capital and the way investors buy and sell shares.
BitShares Blockchain, as it exists today, was launched on 13th October 2015 with its community being established already in 2013. It implements an industrial-grade decentralized platform built for high-performance smart contracts with focus on the financial technologies sector, BitShares represents the first decentralized autonomous cooperation that lets holders of its core native token BTS decide on its future direction and governance aspects.
Even though BitShares Blockchain comes with over 50 already implemented operations which deserve to be presented, this document focuses on the description of BitShares Blockchain as a platform, its architecture as well as its governance system using the core native token BTS.
BTS - BTS is the core asset utility which is needed to submit transactions on BitShares Blockchain; it is also used for BitShares development purposes; while BTS asset shareholders are in power to manage and develop BitShares and influence its future using several decentralized integrated functions and tools such as decentralized worker and voting system.
BitShares Blockchain runs on an open-source blockchain implementation known as Graphene, which is reportedly capable of processing up to 100,000 transactions per second (TPS) — making it faster than both MasterCard and VISA combined.
Development of BitShares Blockchain
BitShares Blockchain was developed through an agile teamwork, some of the participants are well known to the Blockchain industry, such as (Daniel Larimer, Charles Hoskinson and Abitmore) who'd accomplished software engineering and had co-founded several other prominent blockchains and ventures including EOS.IO, Block.one and Steemit.
BitShares Blockchain Features
BitShares Blockchain enable several financial innovations such as: User Issued Asset (UIA), Market Pegged Asset (MPA), Non-Fungible Tokens (NFT), Decentralized Exchange Engine (DEX), Decentralized Finance (DeFi), Automated Market Maker (AMM) and Hashed Time-lock Contract (HTLC).
Decentralized Exchange (DEX):
The decentralized exchange (DEX) of BitShares has a similar look & feel as traditional centralized exchanges. However, trading in the DEX can have many different appearances, depending on what user-interface is used.
Smart Assets (Smart Contracts):
The benefit of price-stable cryptocurrencies is that they are fully collateralized, and the issuer only needs to be trusted to appoint an honest set of independent (non-collusive) feed producers. Unlike deposit receipts, the value of a Privatized Smart Assets is secured.
Decentralized Finance (DeFi):
DeFi cryptocurrencies are fully collateralized, and the issuer only needs to be trusted to appoint an honest set of independent (non-collusive) feed producers. Unlike deposit receipts, the value of a Privatized SmartCoin is secured even if the issuer disappears.
Decentralized Liquidity Pools (LP):
Instead of traditional markets of buyers and sellers, many decentralized finance (DeFi) platforms use automated market makers (AMMs), which allow digital assets to be traded in an automatic and permissionless manner through the use of liquidity pools.
Buying BTS of BitShares Blockchain
BitShares token (BTS) is currently available to purchase or trade over several of the most prominent cryptocurrency exchange platforms such as (Binance, Poloniex, Huobi, LATOKEN, gate.io, mexc, and bittrex) and many others.
Where can you buy BitShares?
BTS tokens can be traded on centralized crypto exchanges. The most popular exchange to buy and trade BitShares is XT.COM, where the most active trading pair BTS/USDT has a trading volume of $208,683.55 in the last 24 hours. Other popular options include Binance and MEXC.
What is the daily trading volume of BitShares (BTS)?
The trading volume of BitShares (BTS) is $2,174,193.70 in the last 24 hours, representing a -58.60% decrease from one day ago and signalling a recent fall in market activity.
What is the all-time high for BitShares (BTS)?
The highest price paid for BitShares (BTS) is $0.923921, which was recorded on Jan 03, 2018 (over 5 years). Comparatively, the current price is -98.90% lower than the all-time high price.
What is the all-time low for BitShares (BTS)?
The lowest price paid for BitShares (BTS) is $0.002716354409, which was recorded on Jan 08, 2016 (over 7 years). Comparatively, the current price is 270.50% higher than the all-time low price.
What is the market cap of BitShares (BTS)?
Market capitalization of BitShares (BTS) is $27,274,307 and is ranked #575 on CoinGecko today. Market cap is measured by multiplying token price with the circulating supply of BTS tokens (2.7 Billion tokens are tradable on the market today).
What is the fully diluted valuation of BitShares (BTS)?
The fully diluted valuation (FDV) of BitShares (BTS) is $36,234,673. This is a statistical representation of the maximum market cap, assuming the maximum number of 3.6 Billion BTS tokens are in circulation today. Depending on how the emission schedule of BTS tokens are designed, it might take multiple years before FDV is realized.
How does the price performance of BitShares compare against its peers?
With a price decline of -0.50% in the last 7 days, BitShares (BTS) is outperforming the global cryptocurrency market which is down -0.70%, while underperforming when compared to similar Exchange-based Tokens cryptocurrencies which are down -0.20%.
What is the market sentiment of BitShares today?
The community is bearish as more than 50% of users are feeling bad about BitShares (BTS) today.