What is BitShares?
Unlike bitcoins, which do not produce any income for their owners, BitShare can be used to launch Decentralized Autonomous Companies (DACs) which issue shares, produce profits and distribute profits to shareholders. 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. 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).
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