BitShares (BTS)

BitShares was founded in 2014 by Dan Larimer, a cryptocurrency visionary and early adopter. He first started working with Bitcoin in 2009. But after some centralized exchanges started to shut down for no apparent reason, Larimer realized that a decentralized exchange is necessary. From this idea, BitShares was born.

As Larimer explained in this blog post, BitShares is, amongst other things, a software, network, ledger, community and most notably a decentralized peer-to-peer exchange. BitShares aims to remove the need to trust a centralized authority to oversee transactions and handle funds. Dan Larimer has an extremely impressive resume, and has been the lead developer on both EOS and Steem, in addition to Bitshares.

Top News

Block.one Bought Voice.com Domain-Apt or Ludicrous Deal?

Blockcone's Voice.com Domain-Apt or Ludicrous Deal?

June 18 witnessed the historic announcement about MicroStrategy’s voice.com domain being sold at a handsome price of $30 million to Block.one. Block.one, the blockchain based social media platform bought the domain name through GoDaddy, so the deal was more than $30 million if the concealed commission with GoDaddy is also …

Read More »

A Promising Future for Xsongs

A Promising Future for Xsongs

Only 37% of music acquired by U.S. consumers in 2009 was paid for. Craig DeWitt, Ripple’s Director of Products continuously, moved to function as an engineer around evening time and assembled another item: ‘Xsongs’. Xsongs is a free and open advanced stage that enables anybody to offer their unique computerized …

Read More »

Bitcoin’s Lightning Network falls by 50%

Bitcoin’s Lightning Network falls by 50%

The Lightning Network had $12 million worth of assets within the network in July. LNBIG held the highest number of coins locked in during the summer, i.e., 336 Bitcoins but it was too expensive considering that they were just $20 from about $5 million held in LN. It has now …

Read More »

Heat Rises in the Case of Bitman Vs the United American Corp

Heat Rises in the Case of Bitman Vs the United American Corp

The lawsuit filed by the United American Corp against the China-Based Company Bitman. The request of dismissing the lawsuit against them denied by the United Corp keeping them enlisted in United States’ antitrust list. Bitman is also active in making huge investments in Texas-Based data centers. The fight between the …

Read More »