BitShares Brings a Human Element To Bitcoin 2.0
Ethereum first grabbed the attention of the Bitcoin 2.0 movement with news of their plan to create a platform for distributed contracts and DACs. BitShares and BitSharesX introduced the concept of "BitAssets" as one of the numerous technologies claiming to be "bitcoin 2.0" or "finance 2.0." In essence, this "Bitcoin 2.0" movement represents a movement to leverage the power of globally decentralized consensus and decision making networks as birthed by bitcoin. We interviewed Beyond Bitcoin founder, and BitShares researcher, Ben Keyhotee, to discuss BitShares, its importance, its past and....
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As of 10/24/2014, 41 days remain to participate in the Note pre-sale. The BitShares Music Foundation is auctioning 5 million Notes — Notes are a unit that is required to use BitShares Music, a technology ushering in the future of music. The funds will go towards launching the BitShares Music blockchain, ‘the first blockchain to be used by the masses.’ The genesis block will be distributed to BitShares Protoshares (PTS), Angleshares (AGS), pre-sale participants, and the BitShares Foundation. “35% of the Notes are going to the holders of BitShares PTS. 35% of the Notes to those who donated....
The BitShares team this week announced their newest development, the upgrade to BitShares 2.0. This upgrade is said to be the next step in the evolution of BitShares. It incorporates all of the feedback and lessons learned from the BitShares stakeholders, partners, developers, marketers, and other community leaders throughout this past year of research and development. With BitShares reaching maturity at version 2.0, the team is ready to remove the training wheels, and let the direction of all future development be decided completely by stakeholder vote. To help ensure the long-term....
A shadowy figure - either an individual, but most likely numerous individuals - has apparently taken over enough shares in BitShares, the Bitcoin 2.0 technology, to considerably steer the project. So much so, in fact, that, in response, a BitShares 2.0 project has been launched this month. Inner turmoil has seemingly undermined the expansion of the BitShares project, which has suffered the negative effects of not only a dilution of BitSharesX (BTSX), but also the negative impacts of publicized inner-strife, beginning with the evidence that the original BitShares white paper is no longer....
Will 2015 be the year of the Decentralized Bitcoin exchange? 2014 and the very beginning of 2015 has seen major problems for two mighty Bitcoin exchanges: Bitstamp and Mt. Gox. Untold numbers of holders lost in excess of $500 million between the two failures, both of which appear to have been initiated by internal enemies to the exchange with nothing but greed for a motive. Also read: Mt. Gox As a Lesson in a New Kind of Inflation. Removing the Element of Trust from Bitcoin Exchanges. Daniel Larimer, one of the founders of BitShares, believes that decentralized exchanges using the....
On July 19th, Bitshares announced that its Hong Kong-based partner DACS Unlimited is launching the first official, live Bitshares X chain. Bitshares X is the stock- and commodities-focused product of Bitshares, which aims to be a multipurpose platform for distributed versions of everything from insurance to music retailing. This makes Bitshares, arguably, the first functional iteration of what's known as a Distributed Autonomous Corporation - essentially, a distributed, centreless system much like the Bitcoin network, but able to execute commands more complicated than 'buy' and 'sell,' and....