Investing in BitShares: Reasons Why It Can be Rewarding for Crypto Traders

Built using the latest in industry research, BitShares 2.0 offers a stack of financial services including exchange and banking on a blockchain.
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magic8ball
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Investing in BitShares: Reasons Why It Can be Rewarding for Crypto Traders

Sat May 12, 2018 10:36 am

The Technology behind BitShares:

BitShares was designed in 2014 by Don Larimer, who also happens to be the co-founder of EOS, Cryptomex, and Steemit. By definition, BTS (previously known as PTS or ProtoShares) is a crypto-equity of industrial grade and a peer-to-peer distributed ledger based Delegated Proof of Stake (DPoS) algorithm.

BitShare’s inherent features are acquired from Graphene, an open-source blockchain implementation solely based on the C++ programming language. Graphene is a very popular blockchain technology that has been implemented by several ICO, gaming, and other start-up companies across the globe. One of the main reasons behind BTS’s efficiency is Graphene’s flawless performance. Besides working as a blockchain technology, Graphene can also be implemented as a consensus mechanism.

The dependence on this technology provides BTS an extraordinary scalability. Graphene is capable of successfully handling 10,000 transactions per second which give BTS the ability to handle more transactions per second that MasterCard and VISA combined.


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