Bitshares is a decentralized crypto equity service in which the Bitshares tokens (BTS) are used as collateral rather than as a proper currency. It can also be used in other decentralized financial services like smart contracts, banking, currency rails, and derivative creation. The Graphene protocol that Bitshares uses for consensus is used by a variety of other blockchain products and services. Initially called ProtoShares, Bitshares is a unique service which has a lot of promise.
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