BitShares P2P trading platform to offer dividends on bitcoins
A mathematician and a software engineer have garnered venture capital funding for a decentralized cryptocurrency and financial derivatives trading system. Called BitShares, the project will be officially unveiled in October. BitShares is the brainchild of Invictus Innovations. It will consist of a protocol and a piece of software called Hydra, which will offer three separate services: a decentralized identity management system called BitNames, a secure chat and messaging system codenamed BitCom, and a peer to peer trading exchange. Both the protocol and the software will be open source,....
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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....
BitShares, a blockchain-based financial smart contract platform has announced the upgrade of BitShares 2.0. The platform is now built on a system known as "Graphene toolkit," which is developed by an independent blockchain development company founded by the core developers of BitShares, called Cryptonomex Inc.With the implementation of a new crypto-technology called SmartChains, the soon-to-be released BitShares 2.0 reportedly is set to have the "Speed of the NASDAQ," with a new "high-performance protocol and engine, capable of handling over 100,000 transactions per second."To test its....
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....