BitShares

Contact Details:-

Get targeted help: Tell us the issue so we get you to right rep, offer relevant tips, reminders & follow-up!

BitShares Contact Info

BitShares Phone Number

BitShares Live Chat

BitShares Email Support

BitShares Help Desk

BitShares on Twitter

BitShares on FB/Messenger

All BitShares contacts

General customer information

BitShares Top FAQ

BitShares (symbol BTS), formerly known as ProtoShares (PTS), is an industrial grade “crypto-equity”, peer to peer distributed ledger and network based on a Delegated Proof of Stake (DPoS) algorithm. It was created in 2014 by visionary Dan Larimer (“Bytemaster”), co-founder of Steemit, EOS and, Cryptonomex.

BitShares competes with banks by issuing collateralizing market-pegged and stable bitAssets (also called smart coins) This means crypto-based assets track real-world market assets like the US dollar denominated “bitAsset” known as bitUSD.

BitShares operates more as an equity rather than a purist “currency” since BTS tokens are used as collateral for a variety of decentralized financial services like smart contracts, decentralized exchanges, banking, derivative creation (of market pegged “bitAssets”) and currency rails.

It was created in 2014 by visionary Dan Larimer (“Bytemaster”), co-founder of Steemit, EOS and, Cryptonomex. BitShares is based on Graphene, an open source C++ blockchain implementation, which acts as a consensus mechanism.
  1. A predictable stable price with reduced volatility
  2. A relatively reliable solution to predict the future value of a token
  3. A unit of account distinct from assets with capital gains or losses (which has increased tax liability)
  4. Hedging against volatile Cryptocurrency markets and price action

A BitShares market-pegged asset (MPA) can be viewed as a contract between an asset buyer seeking price stability and a short seller seeking greater exposure to BTS price movement.

Download Now

Click "Add Extension"
to install