CDS CDS Wiki What is BTS Crypto? A Comprehensive Guide to BTS Crypto – 2023
CDS Wiki

What is BTS Crypto? A Comprehensive Guide to BTS Crypto – 2023

This article is a review of the BitShares platform and its token, BTS crypto.

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What is BTS Crypto? A Comprehensive Guide to BTS Crypto - 2023

The decentralized BitShares platform was created to offer a more effective worldwide payment network. The system is frequently used to safely trade cryptocurrencies without the involvement of intermediaries.

What is BTS Crypto? A Comprehensive Guide to BTS Crypto – 2023

ProtoShares (PTS) was the name of the platform when it was first introduced in July 2014. Less than a year later, it changed its name to BitShares (BTS). Because BitShares is run by a decentralized autonomous business (DAC), its users have a say in how the platform develops and what features will be added in the future. The platform utilizes Graphene, an open-source blockchain implementation, which can handle up to 100,000 transactions per second (TPS), which is quicker than both MasterCard and VISA put together.

Who are the Founders of the Platform?

Some of the greatest figures in the cryptocurrency field co-founded BitShares in 2013. Software expert Daniel Larimer is also a co-founder of several other well-known blockchain businesses, such as EOS.IO, Block.one, and Steemit. Larimer is well-known and largely recognized as one of the industry’s most innovative leaders.

Entrepreneur and mathematician Charles Hoskinson was one of the first eight Ethereum co-founders. Input Output HK (IOHK), the research and development firm that created Cardano (ADA), is where Hoskinson is employed right now as CEO.

Tokenomics

The BitShares (BTS crypto) token, a native utility token that can be used for many things, including the creation of “BitAssets,” or smartcoins that can represent practically anything, such as reward points, collateralized fiat-pegged tokens, and IOUs, is what powers the platform.

Of the maximum supply of 3,600,570,502 BTS crypto, only 2,994,991,242 are in circulation. At the time of writing, BTS crypto is trading at $0.01126, according to CoinMarketCap data. The BTS crypto price has decreased by 7.73% in the last 24 hours.

Where to Buy BTS Crypto?

On several of the most well-known cryptocurrency exchange platforms, BitShares tokens may presently be traded. The following are some of the most popular platforms where the token is traded:

  • Binance
  • Huobi
  • Bittrex International
  • MEXC
  • Gate.io

In short, BTS crypto is available on the listed exchanges and more.

Team

The BitShares core staff currently comprises 17 regular employees, who are assisted by more than 60 long-term contributors from a variety of fields, such as economics and law, systems administration, and highly qualified coders. Some of the team members are as follows:

  • ioBanker
  • Bench
  • Litepresence
  • Dr. Stefan Schießl
  • Dr. Christopher Sanborn
  • TechnoL0g
  • Europa
  • Abit More
  • Dr. Fabian Schuh
  • Iamredbar
  • Dr. John Conlin
  • Syalon
  • Abdussamet TEK
  • Victor Nwauje-Chigbolu
  • Nicholas Burgess

The team’s hard work is one of the main reasons for the platform’s success.

2023 Roadmap

The roadmap for 2023 consists of 4 phases. The first two of these four phases have been completed and the other two are in the process of completion. Below are the details of each phase.

Q1

Updating Information

  • Updating information at coinmarketcap.com
  • Updating information at forbes.com
  • Updating information at Yahoo.com
  • Updating information at coinpaprika.com
  • Addressing BitShares at blockster.com

Q2

Releasing New Website

  • The website is fast and light in browsing
  • The website shows a clear description of BitShares
  • Website video showing how BitShares work
  • The website shows stats on BitShares
  • The website has all features addressed
  • The website has all the development team

Q3

Releasing new docs website

  • Light and prompt help pages
  • Showing examples of integration codes
  • Addressing libraries and interfaces
  • Addressing howto use cases
  • Describing how products function
  • Addressing how blockchain clients work

Q4

Releasing new core code 7.0

  • Functions for on-chain liquidity pools
  • Functions for on-chain smart orders
  • Functions for oracles (price feeder)
  • Functions for API Built-In interface
  • Enhancement of blockchain database
What is BTS Crypto? A Comprehensive Guide to BTS Crypto - 2023
Written by
lectertodd

Lectertodd is 25 years old. She graduated from Çankaya University, Department of Psychology, in 2021. She actively works as a writer, translator, and editor for various websites. Moreover, she loves reading, researching, and learning new things.

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