Company Background and RegionDate
ofEstablishment: 2014Headquarters
Location: SloveniaFounder
: Dan Larimer (Dan Larimer)
Technical Foundation: Graphene TechnologyCore
Functions and Technical
ArchitectureDecentralized Exchange (DEX): BitShares Offering a built-in decentralized asset trading platform, users can exchange assets without intermediaries.
Market-pegged assets (MPAs): Create stablecoins pegged to fiat currencies or commodities, such as bitUSD, bitCNY, etc., through smart contracts and collateral mechanisms.
User Issued Assets (UIA): Users can create custom tokens for crowdfunding, asset representation, and other purposes.
Smart contracts: Support smart contract functionality, allowing users to create and execute decentralized financial contracts.
Delegated Proof of Stake (DPoS): Adopts the DPoS consensus mechanism to achieve fast transaction confirmation and high throughput.
Account permission management: Provides flexible account permission settings and supports multi-signature and multi-level authorization.
Token Economy &
GovernanceToken Name: BTS
Function:
Pay transaction fees
as collateral for market-pegged assets
to participate in platform governance and voting
Governance mechanism: Governed by a decentralized autonomous company (DAC), BTS holders can vote on the key parameters and development direction of the platform.
Market Positioning & Ecosystem
BitShares is positioned as a high-performance decentralized finance platform that aims to provide services similar to traditional financial markets, such as asset trading, stablecoins, smart contracts, etc. Its ecosystem includes multiple modules such as decentralized exchanges, market-linked assets, user-issued assets, smart contracts, etc., which support the trading and management of multiple assets.
In
summaryBitShares plans to continue to optimize its technical architecture to improve trading performance and user experience. At the same time, explore integrations with other blockchains to expand the reach of its ecosystem. In addition, BitShares will continue to promote decentralized governance to ensure that the development of the platform is in line with the interests and needs of the community.
