Bitshares
Name
Bitshares
Summary
-Bitshares is a Decentralized platform which is developed to provide a more efficient payment network on the Global scale
-It was founded in 2013 in Charles Huskinson and Daniel Larimer
-It uses the Proof of Stake (PoS)
Symbol
BTS
Overview
The platform is powered by the BitShares (BTS) token which can be used for various purposes such as the creation of smart coins called “BitAssets” which can be imbibed with a variety of parameters and can represent anything such as reward points, collateralized fiat-pegged tokens, and IOUs.
The BitShares platform is managed by a decentralized autonomous company (DAC), which enables BTS token holders to decide the future of the platform, and finalize which features are to be added in the future.
BitShares is also one of the few blockchain platforms to completely do away with addresses. Instead, it uses simple memos to distinguish users, making it one of the more accessible crypto platforms. It is also built around a popular referral program that is used to incentivize the growth of the network by distributing upgrade fees between referrers and the BitShares network.
Historical Price Movement (in INR)
Technology
It 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.
BitShares uses distributed autonomous companies (DACs) to produce a self-governing, self-financing system that allows BTS holders to set the business rules that govern the BitShares ecosystem through a secure proposal and voting procedure
Tokenomics
BTS tokenomics is not publicly available
Volume ( as of 11th april 2022)
$4,251,984
Total Supply
2,994,600,000 BTS
Circulating Supply
2,994,600,000 BTS
Crowd Sales
N.A
Funding
N.A
Country
Slovenia
Year Incorporated
2013
Registered Address
Murska Sobota, Slovenia
Dispute Resolution and Governing Law
Slovenia
Country Risk Assessment
B1
Founding Team
| Name | Designation | Education | Experience |
| Charles Huskinson | Co- Founder | - | - |
| Daniel Larimer | Co-Founder | - | - |
| Stan larimer | Godfather | Air Force Institute of Technology-Graduate School of Engineering & Management | 28Yrs |
| MSEE, Guidance and Control, Rocket Science | |||
| US Air Force Institute of Technology | |||
| Master of Science, Electrical Engineering (MSEE), Guidance and Control |
