HOW BITSHARES IS DIFFERENT FROM OTHER CRYPTOCURRENCY

BitShares takes the concept of Bitcoin and other cryptocurrencies and applies it to businesses and shareholders. BitShares is much more than just another cryptocurrency. BitShare acts as an exchange, much like the New York Stock exchange. Not only does it manage a ledger of its own currency, it also tracks the ownership of stock and debt issued by other companies. In other words, people are able to use the BitShares network to trade stock or debt on the distributed ledger.
BitShares main selling point is not its currency, but rather its ability to handle transactions for a number of different currencies. BitShares’ approach adds a new dimension to decentralized networks. Where Bitcoin aims to decentralize currency, BitShares aims to decentralize exchange networks. BitShares’ currency is ancillary to its exchange network, which hopes to revolutionize traditional cryptocurrency transactions.
While BitShares offers a number of unique capabilities, there are some similarities as well. BTS has a cap on the number of units that will be released into circulation. As time goes on, miners who are offering up their resouces to power the blockchain and maintain the ledger are being rewarded with the release of BTS. This will continue until there are more than 800 million BTS in circulation. This process aims to drive the value of BTS by limiting the number of available units, rather than continuously creating more units.