New BitShares NBS Price 0.00022654

What is the name of the entity?

The solution for DeFi and DEX is based on DPOS consensus and implemented with DAO's organizational management structure. DPoS is a consensus algorithm that is used to ensure representation of transactions within a network. DPoS is an implementation of technology-based democracy, using voting and election process to protect against centralization and malicious usage.

The native utility token that is used is called the NBS.

Fees are charged for processing transactions and storing data. How network resources are allocated is determined by governance votes. You can loan your NBS holdings with different reserve levels. Witness and workers are included in the rewards for the system.

The tools include:

Developers can use the command line tools to deploy applications.



How many NBS coins are in circulation?

The mainnet was launched in September of 2020 with 3.6 billion NBS token created at the beginning.



Who are the people who started the NBS?

The first brainchild of Steem and EOS, as well as Cardano's Charles Hoskinson, was the creation of the new technology, called NBS.

The solution for DeFi and DEX is based on DPOS consensus and implemented with DAO's organizational management structure.

The concept of using DeFi to achieve a win-win situation, reconstructing the economic ecology of the public chain, and using free sharing to achieve DeFi inclusive applications has been implemented by the new company. Cross-chain, oracle machine, virtual machine, EVM and NFT are added to the original structure. The economic model of the public chain can be changed through DeFi. The capital threshold and cost of trading can be greatly reduced with the help of a efficient DEX infrastructure.



Where can I buy a toy?

Cryptocurrencies and stable coins are currently available for trading on a growing number of exchanges.



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