bitshares 2018-02-07T20:03:51+00:00

What is Bitshares

What is Bitshares?

Bitshares is a relatively new concept in the crypto world and has huge amounts of potential, since it’s launch in 2013. It has taken what Bitcoin does well, and adapted what it has done not so well, to create an altogether better solution. Bitshares has massive potential, given the fact it can do a staggering 10,000 transactions per second, compared with Bitcoin’s 7 transactions per second! This capability puts it on par with International banking standards, and will allow much faster transactions than many other altcoins.

Other differences between Bitshares and Bitcoin lay within the mining process. Bitcoin requires it’s miners to do something called proof of work, whereas Bitshares uses a slightly different concept called proof of stake. Any machine capable of solving the complex puzzles (work) can mine Bitcoin, however with Bitshares and proof of stake, the miners can be voted in and out of the community, and the more stake you have in total, the more voting power you have. This is considered more beneficial by many in the community because if some users aren’t doing the work or pulling their weight, they are simply voted out, meaning all involved parties are solely dedicated to making the system work for the better.

Where to buy Bitshares

Bitshares.org is the decentralized exchange which is powered by and created for Bitshares!

More information & Resources:

Bitshares (BTS) Live Price:

Recent cryptocurrency news

  • Domain Names Are Crucial For Mass Adoption

NNS Mainnet has launched

October 17th, 2018|0 Comments

The Neo Name service is finally live after months of testing. Users can now bid on .neo domain names to use instead of their public key. NNS launched on November the 9th and users can [...]

  • Mastercard May Be About To Enable Bitcoin Transactions

Mastercard May Be About To Enable Bitcoin Transactions

October 10th, 2018|0 Comments

Bitcoin and cryptocurrencies has gained unprecedented media attention since being launched in 2009. Many have debated as to whether or not bitcoin will make into mainstream markets, and many have argued that bitcoin needs to [...]

  • Sweatcoin app

SweatCoin Literally Pays You $0.06 USD Per 1,000 Steps!

October 9th, 2018|0 Comments

Sweatcoin is an App available both on IOS and Android devices that literally pays you for working out. By allowing the app to use your location and count your steps, you are rewarded by Sweatcoin [...]

  • coinbase wall street

Coinbase Looking To Recruit 150 More Staff, Recruiting Wall Street’s Finest!

October 5th, 2018|0 Comments

Coinbase, the biggest cryptocurrency exchange in the United States have recently opened an office in New York City. Instead of selling cryptocurrency to regular individual investors like it has been, the purpose of the New [...]