BitShares is not a simple altcoin, but has an original and open source code. Thus, the BitShares Toolkit is available on github, and it is destined to be at the origin of many projects. By 'forking' this toolkit, anyone can indeed create their own DAC: The BitShares Toolkit provides the infrastructure to generate assets and share them on a blockchain.
In BitShares, the validation of transactions, i.e. their integration into the blockchain, no longer relies on the Proof of Work (mining), but on a BitShares system: The Delegated Proof of Stake (DPOS).
The main feature offered by BitShares is the creation of assets by the users. The BitShares blockchain only includes one asset: BitShares, whose symbol is BTS. Two types of assets are then added: the assets generated and controlled by the users, and the assets indexed on a market price.
Indeed, BitShares implements a decentralized exchange market. For this, it is necessary to create virtual assets, called BitAssets, whose value is indexed to the market value. For example, a BitUSD represents the value of a US dollar, a BitBTC represents the value of a Bitcoin, and a BitGold represents the value of an ounce of gold. One can also create BitAAPL indexed on the value of the action of Apple, or any other merchandise present in the market!
ShareBits.io opens blockchain technology to non-expert users
A new initiative of the Denmark-based bitcoin exchange (CCEDK) exchange platform aims to bring the benefits of cryptocurrency to the largest number of users, including social network users and content creators. The problem of market penetration is the one that ShareBits.io hopes to overcome by targeting mass market customers. Sharebits.io is a platform for open source software solutions that can win mass cryptocurrency membership, making it quick, inexpensive, and easy for businesses to distribute cryptographic tokens to many of its customers and users.
Freebie, the development team behind Sharebits.io, offers a high-scale, fast software solutions for businesses and professionals working in the cryptosphere. The company built its application on the BitShares platform, named Openledger, which was designed to adapt to the rigors of the modern consumer market (in contrast to Bitcoin's pioneering but relatively slow blockchain. a bitcoin block is about ten minutes with a low transaction volume (the scale and block issue is one of the most virulent debates in the community), BitShares at the impressive capacity of 100,000 transactions per second and confirmations that take only a handful of seconds, and costs only accounting for a quarter of Bitcoin's transaction costs.
ShareBits is built on the OpenLedger platform (BitShares 2.0). New accounts created in November will receive symbolic Qbits as a welcome. Qbits is an asset created on the Openledger platform for marketing purposes and based on the Qora virtual currency, allowing Openledger to reward all active users with valuable assets, now and in the future. In addition, users will be able to sign a new affiliate program, which will allow them to earn an income for each new user who signs via their referral link (open to members for life and those who have an annual subscription). Referrals will receive 60% of all fees collected from those they bring to BitShares.
In our panorama of marketplaces and sites specializing in the sale of cryptocurrencies, it is difficult to overlook Bitbns, one of the youngest platforms and almost a reference in the market of virtual currencies. Originally from the start-up BuyHatke which was founded in 2013, Bitbns remains, to this day, one of the simplest intermediaries for people who want to buy cryptocurrency. In India, Bitbns office is located in Bangalore.