bitshares 2017-12-06T22:25:07+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

Federal Reserve Chairperson Janet Yellen on Bitcoin

December 15th, 2017|0 Comments

The current Federal Reserve Chairperson Janet Yellen has some statements that she wants to shout out before leaving her Federal seat. Janet Yellen became the Federal Reserve Chairperson in February of 2014 and has led [...]

Kickstarter Doesn’t Seem to Be as Open to ICOs as Indiegogo

December 15th, 2017|0 Comments

Kickstarter's largest rival, Indiegogo, has recently announced that it will be partnering with Microventures to conduct vetted initial coin offerings on their site. The announcement is a big move by Indiegogo, establishing themselves as innovative and [...]

Venezuelan Citizens Have Found a New Solution to Their Problems, Bitcoin

December 15th, 2017|0 Comments

It looks like the economic crisis in Venezuela has not let up and has only worsened as the years progress. An increasing amount of citizens of the economic crisis-torn country are now turning to and [...]

  • canya ico token sale hodlers club on bitguru

CanYa Sets a New Standard for Future ICOs – The HODLers Club

December 14th, 2017|0 Comments

Initial Coin Offerings (ICOs) have emerged as one of the hottest and most controversial aspects of the cryptocurrency space. In recent months, they have become an increasingly popular source of funding for start-ups as a [...]