Bitshares (BTS) had a good 24 hours as the cryptocurrency jumped $0.0024491734 or 6.17% trading at $0.0421683768. According to Global Cryptocoin Experts, Bitshares (BTS) eyes $0.04638521448 target on the road to $0.113849360137868. BTS last traded at HitBTC exchange. It had high of $0.0424878342 and low of $0.0390802886 for August 13-14. The open was $0.0397192034.
Bitshares (BTS) is down -1.11% in the last 30 days from $0.04264 per coin. Its down -20.26% in the last 100 days since when traded at $0.05288 and the annual trend is up. 200 days ago BTS traded at $0.03852. BTS has 2.74B coins mined giving it $115.52 million market cap. Bitshares maximum coins available are 3.60B. BTS uses SHA-512 algorithm and PoS proof type. It was started on 05/11/2014.
BitShares (BTS) was first introduced in a White Paper titled “A Peer-to-Peer Polymorphic Digital Asset Exchange” by Daniel Larimer, Charles Hoskinson, and Stan Larimer. It is a brand of open-source software based on the as blockchain technology as used by Bitcoin. Unlike bitcoins, which do not produce any income for their owners, BitShare can be used to launch Decentralized Autonomous Companies (DACs) which issue shares, produce profits and distribute profits to shareholders. As such, BitShares is about making profitable companies that people want to own shares in, thus creating return for the shareholders. The first DAC launched by this proces was called BitSharesX, a decentralized asset exchange based in Hong Kong. BitShares was originally launched under the name of ProtoShares (PTS); it was later renamed to BitShares (BTS) and “reloaded” in November 2014 by merging several products into BitShares (BTS).
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