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Bitshares
About Bitshares
BitShares is a blockchain-based platform that creates decentralized autonomous companies for improved, low-cost services. It was introduced by Daniel Larimer, Charles Hoskinson, and Stan Larimer, and founded by Daniel Larimer with funding from BitFund.PE. BitShares was created by Daniel Larimer, Charles Hoskinson, and Stan Larimer. Charles Hoskinson was a co-founder but has since left the team. BitShares can be used to participate in decentralized autonomous companies (DACs) offering various services by becoming a shareholder and securing the company through your computer. The platform uses its own token, BTS, for participation and services.
BitShares is a blockchain-based platform that uses distributed consensus technology to create decentralized autonomous companies (DACs) that provide better quality services at a lower cost. BitShares aims to extend the innovation of the blockchain to all industries that rely on the internet to provide their services.
BitShares was originally launched under the name of ProtoShares (PTS); it was later renamed to BitShares (BTS) and "reloaded" in November 2014 by merging several products into BitShares (BTS).
BitShares (BTS) was first introduced in a White Paper titled “A Peer-to-Peer Polymorphic Digital Asset Exchange” by Daniel Larimer, Charles Hoskinson, and Stan Larimer. The project was founded by Daniel Larimer of Invictus Innovations after receiving funding from Chinese venture capital firm BitFund.PE. Charles Hoskinson, founder of the Bitcoin Education Project, was a co-founder of the original project but has since left the team.