Codename: "Splash"
With improved voting mechanism through strict stake-lock, power decay due to inactivity, power multipliers to encourage long-term holders/managers and more - BitShares reserves pool limited supply is finally safe.
Mint your own digital assets (cryptocurrencies) with predefined smart-contracts on the core level of the BitShares blockchain. Easy-to-use GUI multi-step form and your own named account, with lowest fees around, minting was never so easy and secure.
On-chain in-built decentralized asset exchange, cryptocurrency mint through smart-contracts, smartcoins that are "borrowed into existence" by collateralizing BTS core token, Liquidity Pools, HTLC, Recurring payments and more.
Transactions are constructed then transmitted to the network, containing instructions the user wants to perform. The most simple form is the transfer operation, which contains sender, receiver, amount, and optionally, encrypted memo.
Every account can be controlled by single or weighted combinations of other account/s and/or keys. This creates a hierarchical structure which can be built to reflect real-life permissions – e.g a company or organizations approval and signing processes in digital form.
The BitShares Blockchain acts as a name-to-public-key resolver in a similar way to the traditional Domain Name Service (DNS). Users can easily remember and pass on their account information instead of error-prone addresses.
As of 2020, BitShares 4.0 and 5.0 releases were activated, with stake-lock voting, revised BitAssets1.0, and AMM (Automated Market Making). Additionally through the brand protection of EU Trademark by Move Institute (Slovenia) and closure of many business on top of the BitShares blockchain, we decided to incorporate services and products around the BitShares brand by ourselves.
Fully compliant with regulatory bodies, and ready for accredited/legitimate corporate investors interested in profits through the growth of the project, without the ability (existing prior to 4.0) to abuse power for self-interests. With the stopping of blockchain reserve pool funding system, investment of our own funds, and centralizing management of the most decentralized technology, we have proven ourselves as the real advocates of BitShares and what it represents.
Enter and explore possibilities of the BitShares technology for free. Basic named accounts on permissionless BitShares blockchain are easily created through open-source BitShares UI Platform.
