BitSharesX

BitSharesX - BTSX

Overview

BitShares is a technology supported by next generation entrepreneurs, investors, and developers with a common interest in finding free market solutions by leveraging the power of globally decentralized consensus and decision making. Consensus technology has the power to do for economics what the internet did for information. It can harness the combined power of all humanity to coordinate the discovery and aggregation of real-time knowledge, previously unobtainable. This knowledge can be used to more effectively coordinate the allocation of resources toward their most productive and valuable use.
Bitcoin is the first fully autonomous system to utilize distributed consensus technology to create a more efficient and reliable global payment network. The core innovation of Bitcoin is the Blockchain, a cryptographically secured public ledger of all accounts on the Bitcoin network that facilitates the transfer of value from one individual directly to another. For the first time in history, financial transactions over the internet no longer require a middle man to act as a trustworthy, confidential fiduciary.
BitShares looks to extend the innovation of the blockchain to all industries that rely upon the internet to provide their services. Whether its banking, stock exchanges, lotteries, voting, music, auctions or many others, a digital public ledger allows for the creation of distributed autonomous companies (or DACs) that provide better quality services at a fraction of the cost incurred by their more traditional, centralized counterparts. The advent of DACs ushers in a new paradigm in organizational structure in which companies can run without any human management and under the control of an incorruptible set of business rules. These rules are encoded in publicly auditable open source software distributed across the computers of the companies’ shareholders, who effortlessly secure the company from arbitrary control.
BitShares does for business what bitcoin did for money by utilizing distributed consensus technology to create companies that are inherently global, transparent, trustworthy, efficient and most importantly profitable.

CUSTOMIZATION

Create shares in your concept, business or idea and share them with a ready marketplace. BitSharesX supports both market-pegged assets (which track external prices) as well as user-issued assets.

SPEED

Transactions take place in seconds, not minutes or in the case of wire transfers hours or days. Transfer worldwide at the speed of business.

SECURITY

Financial tools are nothing without security. BitSharesX operates as a peer-to-peer network without any single point of failure. It uses Delegated Proof-of-Stake (DPOS) for its blockchain security model.

DIRECT

BitSharesX is peer to peer. That means when you send or receive you are doing so directly with the person on the other end. No middlemen to get in the way, no middlemen to take a cut. Go direct.

STABILITY

Imagine all the properties that make Bitcoin so revolutionary combined with the price stability of the dollar. This is bitUSD, the first truly stable crypto-currency and only available on BitSharesX.

PRIVACY

BitSharesX uses TITAN (Transfer Invisibly To A Name), which provides both greater use-of-use and more anonymity than Bitcoin. Give someone a name you’ve registered and there’s no longer any need for public keys.