You are viewing a single comment's thread from:

RE: BitShares Morning Brief: Volume

in #bitshares7 years ago

The Bitshares platform offers several crypto-currencies called SmartCoins whose value is backed by an intelligent contract by the platform's native currency, which is known by its abbreviations BTS. The interesting thing about the SmartCoins is that their value is associated with that of another asset such as the US dollar or gold and in times of downturn like the one currently going through all the cryptocurrency, the minimum value that is guaranteed is its nominal value.

Sort:  

Exact and concise explanation of the smart coin/ bitassets on BitShares! Thank you.