logoBitshares (BTS)

A Decentralized Platform For Financial Smart Contracts.
  • Bitshares (BTS) started as a decentralized cryptocurrency exchange and later migrated into a public blockchain infrastructure. Bitshares was built in July 2014 by Dan Larimer (Steem/EOS's co-founder) and Charles Hoskinson (Cardano's founder).
  • The BitShares blockchain was the first to implement a Delegated Proof-of-Stake (DPoS) consensus mechanism, in which token holders are allowed to delegate their token to validators without having to run a validating node themselves.
  • The BitShares platform can be used to launch Decentralized Autonomous Companies ("DAC") which issue shares, produce profits and distribute profits to shareholders.
  • The BTS token is used for transaction fees, voting, and staking within the BitShares Network.