BitShares - Detailed Information

2025-05-03 10:49:23 Today, the price of BitShares in US dollars is currently 0.00. If converted to BTC, the price is 0.88 BTC.

2025-05-03 10:49:23 The price of BitShares is currently experiencing a change of -0.71% over the last 24 hours. This indicates the fluctuation in its price within a day, and can be useful to assess its short-term performance.

2025-05-03 10:49:23 The available supply of BitShares is currently 2,995,060,000 BTS. This refers to the total number of units of the cryptocurrency that are in circulation, excluding any that are yet to be mined or issued.

The market capitalization of BitShares is currently 3,010,509.00 USD. Market cap is calculated by multiplying the current price by the total supply, providing a rough estimate of its overall value in the market.

In the last 24 hours, a trading volume of approximately 0.001 million USD has been recorded for BitShares. This reflects the amount of market activity and how liquid the asset is during that time period.

The price of BitShares has changed by 0.92% over the last 7 days. This shows the longer-term trend in its price and can give an indication of market sentiment and volatility over a week.

The all-time high price of BitShares is currently not listed, but check for historical charts for detailed insights. It's important to track the highest price ever reached to gauge its peak market interest.

Delegated Proof-of-Stake Consensus

Delegated Proof of Stake (DPOS) is a new method of securing a crypto-currency’s network. DPOS attempts to solve the problems of both Bitcoin’s traditional Proof of Work system, and the Proof of Stake system of Peercoin and NXT. DPOS implements a layer of technological democracy to offset the negative effects of centralization.

Delegated proof of stake mitigates the potential negative impacts of centralization through the use of witnesses (formaly called delegates). A total of N witnesses sign the blocks and are voted on by those using the network with every transaction that gets made. By using a decentralized voting process, DPOS is by design more democratic than comparable systems. Rather than eliminating the need for trust all together, DPOS has safeguards in place the ensure that those trusted with signing blocks on behalf of the network are doing so correctly and without bias. Additionally, each block signed must have a verification that the block before it was signed by a trusted node. DPOS eliminates the need to wait until a certain number of untrusted nodes have verified a transaction before it can be confirmed.

This reduced need for confirmation produces an increase in speed of transaction times. By intentionally placing trust with the most trustworthy of potential block signers, as decided by the network, no artificial encumbrance need be imposed to slow down the block signing process. DPOS allows for many more transactions to be included in a block than either proof of work or proof of stake systems. DPOS technology allows cryptocurrency technology to transact at a level where it can compete with the centralized clearinghouses like Visa and Mastercard. Such clearinghouses administer the most popular forms of electronic payment systems in the world.

In a delegated proof of stake system centralization still occurs, but it is controlled. Unlike other methods of securing cryptocurrency networks, every client in a DPOS system has the ability to decide who is trusted rather than trust concentrating in the hands of those with the most resources. DPOS allows the network to reap some of the major advantages of centralization, while still maintaining some calculated measure of decentralization. This system is enforced by a fair election process where anyone could potentially become a delegated representative of the majority of users.

View Whitepaper. A whitepaper provides an in-depth explanation of the project, its objectives, and technical structure.

The price of BitShares changed by 0.24% over the past hour. This rapid fluctuation reflects short-term market behavior and can be an indicator of short-lived trends or news-driven movements.

BitShares is currently ranked at position 1525 in the market. Market rank is an important indicator of how an asset compares to other cryptocurrencies in terms of market capitalization.

Trading pairs can be found on various exchanges. Visit our exchange list for more details. Trading pairs allow users to exchange BitShares with different cryptocurrencies or fiat currencies.

Reddit: N/A, X: @_bitshares. Social media pages can provide updates and community discussions surrounding the asset, offering insights into public sentiment and news.

Various wallets are available for BTS. Please visit the wallet providers listed on the page. Choosing a secure and reliable wallet is essential for storing your BTS safely.

Finished. The ICO status indicates whether the initial coin offering has concluded, is ongoing, or is yet to begin, which is crucial for potential investors.

Start: 2014-07-21, End: 2014-08-21. This provides important details for those interested in the project's fundraising timeline.

2511953117. The total token supply is a key metric for assessing scarcity and inflation potential within the cryptocurrency market.

The BitShares platform itself is run and maintained by the BitShares community–an open consortium of individuals and organizations committed to providing universal access to the power of smart contracts. Working together, this community has designed and developed the BitShares platform to include numerous innovative features which are not found elsewhere within the smart contract industry

• Price-Stable Cryptocurrencies
  SmartCoins provide the freedom of cryptocurrency with the stability of the dollar
• Decentralized Asset Exchange
  A fast and fluid trading platform
  
• Industrial Performance and Scalability
  Over 100,000 transactions per second
• Recurring & Scheduled Payments
  Flexible withdrawal permissions
  
• Referral Rewards Program
  Network growth through adoption rewards
• Dynamic Account Permissions
  Management for the corporate environment
• User-Issued Assets
  Regulation-compatible cryptoasset issuance
• Stakeholder-Approved Project Funding
  A self-sustaining funding model
• Transferable Named Accounts
  Easy and secure transactions
• Delegated Proof-of-Stake Consensus
  A robust and flexible consensus protocol
  

Keeping up with market news is important for making informed decisions regarding investments in BitShares. You can also check the latest news specifically about BitShares here.

Detailed historical price data can be found on the price history section of this page. Analyzing the past 2 years helps to understand long-term trends, such as market cycles and growth patterns.