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BitShares (BTS)

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BitShares (BTS) is an “open source business development and financial management platform” that was founded by Dan Larimer in 2014, who also founded Steem and EOS, and launched in 2015. BitShares is essentially a decentralized exchange and is a part of the Microsoft Azure Blockchain as a Service package.

Intense research and development is going into building decentralized exchanges, which are faster, cheaper and more secure. The foundation for BitShares based on an open-source MIT technology called Graphene, which is touted as being a better performing blockchain. 

The BitShares network uses a Distributed Proof-of-Stake (DPoS) consensus algorithm, in which block producers are elected to produce more blocks. 30 core token holders maintain and develop the blockchain and its decentralized apps.

The platform’s token, BTS, can be used within the network, pays for the network operations fees and can be used as collateral for loans. Cryptocurrencies can be converted into tokens that are backed by real assets, like fiat currencies, company stocks or precious metals. 

The development team is currently working on releasing version 3.3.0, which is almost at completion. 2019 and 2020 will see the release of protocol upgrade 4.0.0, which would be the second protocol of upgrade of this year. 


#ThisIsBitShares With DL - Daily Updates, Progress, Podcast

26 Jul 2021 6 minute read 0 comments BitShares

Brief During late 2020 and throughout 2021, BitShares has been undergoing a major transformation. Milos "Digital Lucifer" Preocanin announced new daily live streams and a podcast with all activities of BitShares (public and non-profit, as well as rep...

BTS Quotes On GARMIN™ SmartWatch!

5 Apr 2021 1 minute read 0 comments BitShares

    Capital.com boosting the BitShares Brand   With the Corporate Relaunch announced back in November 2020, a lot of unexpected support came around! From first quarter of 2021, thanks to self-initiative by the team behind Capital.com - You can get...

BitShares NFTs Launching April 2021

5 Apr 2021 2 minute read 0 comments BitShares

  Knock Knock? Who’s there? NFTs! NFTs Who? Why BitShares NFTs, of course! BitShares NFTs began in community chat, then became a new initiative by some key members and core devs, and has now quickly become a project reality. What are NFTs? NFTs are...

Ethereum vs BitShares: Sustainability/Fees Comparison

14 Feb 2021 5 minute read 2 comments BitShares

(originally published on https://news.bitshares.org - see for this and more articles) Intro Ethereum seems to have come into the news lately on account of the highest ever fees and record income levels by the platform. Some hail the price rally, othe...

Binance X BitShares AMA Recap

9 Jan 2021 12 minute read 1 comment BitShares

See the original post from December 2020 and more on BitShares News. Meanwhile, BitShares.org just launched a brand new main website including updates which relate back to this AMA. Be sure to check it for more details on BitShares in 2021.   Great...

BitShares added as DeFi on CMC

5 Jan 2021 1 minute read 4 comments BitShares

Original post from September on BitShares News website ----- The leading cryptocurrency price indexing service CMC (CoinMarketCap) have formally added BitShares core token BTS, as well as smartcoins bitUSD and bitCNY to the important DeFi category....

Where is @bts-exchange? After 18 hours, my Wekucoin HAS NOT arrived in my BitShares or Rudex.org accounts!

12 Nov 2020 1 minute read 0 comments JaiChai

IJCH - Inside JaiChai's Head (Meaning: My Warped, Personal Opinions and Musings source From the Author: Salutations. I am JaiChai. And if I haven't had the pleasure of meeting you before, I'm delighted to make your acquaintance now. I invite you to...

Tomorrow your Bitshares will give you the NBS token

9 Sep 2020 1 minute read 0 comments karinxxl

Something caught my eye earlier today about Bitshares. According to gate.io here underneath there will be a fork next Wednesday September 10th creating a new token around Bitshares. Now I don't know about you, but earlier in the week I was already co...

That's rich!

5 Aug 2020 1 minute read 0 comments trumpman

Here's a funny tweet I stumbled upon from Dan Larimer today: https://twitter.com/bytemaster7/status/1290300321764278272 Now, from the first sentence I felt like he is subtly implying that he is Satoshi but I guess I could be reading it wrong. Anyways...

BitShares Mainnet 4.0 is released

8 Jul 2020 2 minute read 0 comments BitShares

Originally published on BitShares News website -- Previously the testnet release test-4.0.6 hard fork time was Friday 5th June 13:00 UTC which went through without a glitch. As the result today mainnet 4.0 was released. As many of you know, BitShare...