- Decentralized Exchange (DEX). - Decentralized User Issued Asset (UIA). - Decentralized Market Pegged Asset (MPA) or Smart Assets (Smart Contracts). - Decentralized Finance (DeFi). - Decentralized Liquidity Pools (LP) and Automated Market Maker (AMM). - Decentralized Prediction Market (PM). - Decentralized Non-Fungible Token (NFT). For more detailed information and analytics, refer to Eulerpool.

In the genesis block of the BitShares Blockchain, a total of 2,412,042,197.37963 BTS were distributed to individual keys. These BTS can still be claimed by verifying ownership of the corresponding private key. The BTS token has a limited supply that differs from the circulating (liquid) supply. A maximum supply of 3,600,570,502.10207 BTS has been established on the Blockchain, and this cannot be altered. The initial difference, approximately 1.1 billion, was reserved for future project funding and rewarding block producers. Access to this reserve is only possible with the approval of BTS holders through the worker system. This working budget is often referred to as reserves. It's important to note that revenues generated from transaction fees are not shared with BTS holders; instead, they return to the working budget to support future development. There is no reward for holding the core BTS token in any form. As of January 2021, there were just under 3 billion BTS in circulation, which is equivalent to 83% of the maximum BTS supply, indicating that it is highly diluted. BitShares was initially funded by community investments totaling 5,904 BTC and 415,000 ProtoShares (PTS) in 2014. At that time, this was valued at approximately $3.6 million. The complete Core Token (BTS) tokenomics is publicly available and verifiable through Blockchain blocks.

This system minimizes the need for multiple transaction confirmations, allowing BitShares transactions to be finalized exceptionally quickly. Instead, delegates, known as witnesses, are tasked with the creation and dissemination of blocks, and various safeguards are in place to ensure these witnesses act in the network's best interests. The core component of Blockchain technologies is referred to here as the Blockchain protocol. It dictates the system's entire behavior, including the consequences and side effects of processing transactions. Users engage specific features by initiating a transaction that includes a particular operation of interest. Since the Blockchain, as a storage entity, only records incremental changes (such as transfers), the final balance of each account, alongside other information, must be tracked separately in the current state. It's critical to highlight that the protocol is deterministic, meaning the exact state is reproduced when the same sequence of operations is applied, as stipulated by the Blockchain. This lends Blockchain technologies their tamper-proof and auditable qualities. In BitShares, as of early 2018, over 50 operations are available. Each operation interacts with the Blockchain protocol at least three times: 1. Validation: During validation, the raw instructions (often called payload) are verified for consistency. For example, in the case of a transfer, it is ensured that the amount to be transferred is positive. 2. Evaluation: In this stage, the operation-specific instruction is checked against the current Blockchain state. For example, in a transfer, it's ensured that the amount to be transferred is present in the sender's account. 3. Application: This stage implements the action, modifying the current state. In a transfer, the sender's account balance is decreased, and the receiver's account balance is increased by the transferred token amount. Example: Transfer Operation Consider a straightforward transfer operation that moves funds from one account to another. Here, the protocol establishes validation rules to prevent negative amounts. Evaluation ensures the sender does not transfer more than their account balance permits. When executing a transfer from Alice to Bob, Alice's balance is debited by the transferred amount, while Bob's balance increases by the same amount. In this context, "transfer" refers to the operation type, while the sender, receiver, and amount refer to the operation-specific instructions. Naturally, different operation types entail varying instructions.