BitShares Price

BitShares (BTS) is a decentralized cryptocurrency and blockchain platform launched in 2015. It aims to provide a fast, secure, and user-friendly ecosystem for decentralized financial services. BitShares utilizes a Delegated Proof-of-Stake (DPoS) consensus mechanism, offering high transaction speeds and low fees. Key features of BitShares include: 1. Decentralized Exchange (DEX): Built-in exchange for trading various assets. 2. Smart Contracts: Supports creation of custom tokens and complex financial instruments. 3. Dynamic Account Permissions: Enhances security and flexibility for users. 4. Price-Stable Cryptocurrencies: Allows creation of stable coins pegged to real-world assets. As of 2025-08-16, BitShares is ranked #2091 on CoinMarketCap with a price of $0.001211. It has a 24-hour trading volume of $14.74K and a market cap of $3.28M. The circulating supply is 2.71B BTS BTS, with a total supply of 2.99B BTS BTS. BitShares has shown potential for growth, with its price ranging from a low of $0.0008651 to an all-time high of $0.9239. Its innovative features and focus on decentralized finance position it as a noteworthy player in the cryptocurrency space.

BitShares (BTS) was created on July 21, 2014, when it was first added to cryptocurrency tracking platforms. However, the official launch of BitShares took place on October 13, 2015. This launch date marked the beginning of BitShares's active trading and its introduction to the broader cryptocurrency market. Since its creation, BitShares has evolved into a decentralized platform focusing on various aspects of the blockchain ecosystem, including decentralized exchanges, DeFi, and synthetic assets. It utilizes a Proof-of-Stake (PoS) consensus mechanism and incorporates SHA-512 cryptography for security. As of 2025-08-16, BitShares has a circulating supply of 2.71B BTS BTS and a maximum supply of 3.6B BTS BTS. It's currently ranked #2091 among all cryptocurrencies by market capitalization, with a price of $0.001211 and a 24-hour trading volume of $14.74K. BitShares continues to be an active project in the cryptocurrency space, with ongoing development and a community-driven approach to blockchain technology and decentralized finance solutions.

The founders of BitShares are Daniel Larimer and Charles Hoskinson. Daniel Larimer, a prominent figure in the blockchain industry, is known for creating several innovative projects including BitShares. He developed the concept of Delegated Proof of Stake (DPoS) consensus mechanism, which is utilized by BitShares. Charles Hoskinson, co-founder of Ethereum, also played a significant role in the early stages of BitShares's development. The project was officially launched on October 13, 2015, with the goal of creating a decentralized exchange and financial platform. Since its inception, BitShares has evolved into a robust ecosystem, offering features such as decentralized asset exchange, smart contracts, and a governance system. As of 2025-08-16, BitShares is ranked #2091 on CoinMarketCap with a price of $0.001211 and a market cap of $3.28M. The project continues to be maintained and developed by a dedicated community of developers and supporters.

BitShares operates on a decentralized blockchain platform, utilizing a Delegated Proof-of-Stake (DPoS) consensus mechanism. The network is maintained by elected witnesses who validate transactions and produce blocks. BTS tokens serve multiple functions within the ecosystem: 1. Governance: Token holders can vote on network upgrades and elect witnesses. 2. Decentralized Exchange: BTS powers a built-in DEX, allowing users to trade various assets, including user-issued tokens and smart coins. 3. Smart Coins: These are stable assets pegged to real-world values, like USD or gold, backed by BTS collateral. 4. Fees: Network operations require BTS for transaction fees. 5. Staking: Users can stake BTS to earn a share of network fees and participate in governance. 6. Collateral: BTS can be used as collateral for creating smart coins or borrowing within the network. The BitShares ecosystem also supports features like decentralized asset issuance, prediction markets, and a referral program. With a total supply of 2.99B BTS BTS, the network aims to provide a fast, flexible, and user-friendly platform for decentralized financial services and asset trading.

BitShares utilizes a delegated proof-of-stake (DPoS) consensus mechanism, which forms the core of its technical architecture. This system allows token holders to vote for block producers, enhancing network efficiency and scalability. The platform employs a decentralized asset exchange, enabling peer-to-peer trading of various digital assets, including user-created smartcoins pegged to real-world assets. The BitShares blockchain incorporates advanced features such as dynamic account permissions, recurring payments, and a referral program. It uses a custom-built C++ codebase, ensuring high performance and low latency. The network can process thousands of transactions per second, making it suitable for high-frequency trading and decentralized applications. BitShares's architecture also includes a decentralized autonomous company (DAC) framework, allowing for the creation of autonomous businesses on the blockchain. This feature, combined with its industrial-grade identity verification system, positions BitShares as a versatile platform for various financial and business applications. The technical stack of BitShares includes a graphene blockchain framework, which provides a modular and extensible foundation for the network. This architecture supports the creation of decentralized exchanges, prediction markets, and other complex financial instruments within the ecosystem.

The future of BitShares looks promising, with ongoing development and ambitious plans. The roadmap focuses on enhancing scalability, security, and user experience. Key milestones include: 2025: Implementing advanced smart contract capabilities and improving cross-chain interoperability. 2026: Launching a decentralized governance system, allowing BTS holders to participate in decision-making. 2027: Introducing new financial instruments and expanding the ecosystem with more DeFi applications. 2030: Aiming to become a leading platform for decentralized exchanges and synthetic assets. 2035: Targeting widespread adoption in various industries, including finance, supply chain, and digital identity management. The team is committed to continuous innovation, regularly updating the community on progress and adjusting the roadmap based on market needs and technological advancements. With its focus on creating a robust decentralized financial ecosystem, BitShares is positioning itself as a key player in the evolving blockchain landscape.