BTS BitShares Prices, Charts and Graphs | Coinread
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BitSharesBTS#256

$0.042
-9.27% (-$0.004, 24H)
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  • Market Cap$126,907,405
  • Volume (24H)$21,389,182
  • Circulating Supply2,994,480,000
  • Max Supply3,600,570,502
  • High (24H)$0.050
  • Low (24H)$0.042
  • Change (1H)-2.6%
  • Change (7D)-4.6%
  • Change (1M)-18%
  • Change (1Y)112.40%

Formerly known as ProtoShares, BitShares (BTS) issues market-pegged smart coins called bitAssets. On its peer-to-peer distributed ledger and network, these crypto-based assets are collateralised and track real-world currencies like the USD (in this instance, with bitUSD). The Graphene-based network’s native currency BTS backs at least 100% of the smart coin’s value, and can be converted at any time at a rate set by a price feed. Created in 2014 by Dan Larimer (the man behind OS, Steemit, and Cryptonomex) BTS hosts its own decentralised exchange and believes that ‘Consensus technology has the power to do for economics what the internet did for information’. By co-ordinating real-time knowledge, the ‘previously unobtainable’ allocation of resources to their most productive and valuable use becomes possible.

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