Decentralized Exchange from Co-founder of EOS and Steemit
Bitshares is a decentralized cryptocurrency exchange platform with its digital currency BitShares, ticker symbol BTS. Created in 2014 by Dan Lorimer, a co-founder of Steemit and EOS, it is based on Graphene open source blockchain technology and DPoS (Delegated Proof-of-Stake) consensus algorithm.
Bitshares offers its users an up to 3 seconds maximum block time, and it’s much faster than most of the cryptocurrencies out there. But what's even more impressive about this technology is the proven speed of 3300 transactions per second already available on the system which shows immense potential and scalability of Bitshares.
Bitshares technical review
Bitshares has a maximum supply of about 3.6 billion BTS. The coin is non-mineable, while the block reward of 1 BTS comes from the reserve pool. The maximum speed of transactions per second is claimed to be potentially more than 100K operations. The wallet address is not a long alphanumeric string but the same as your username as you would expect from a social network rather than from cryptocurrency.