The Modern Financial Data Platform

Subscribe for $2
Analyse
Profile
New BitShares Stock

New BitShares

NBS

Price

0.00
Today +/-
+0
Today %
+0 %

New BitShares Whitepaper

  • Simple

  • Expanded

  • Experte

Börse Marktpaar Preis +2% Tiefe -2% Tiefe Volumen (24H) Volumen % Typ Liquiditätsbewertung Aktualität
GateNBS/USDT013.26247.1878,651.290cex1087/9/2025, 6:23 AM
MEXCNBS/USDT00031,839.020cex14/8/2025, 6:35 AM
KoinbayNBS/USDT000549.420cex14/8/2025, 6:32 AM
Zedxion ExchangeNBS/USDT000549.140cex14/8/2025, 6:35 AM
RuDEXNBS/USDT00000cex17/7/2025, 6:39 AM
RuDEXEOS/NBS0.021.122.3400cex17/7/2025, 6:39 AM
RuDEXNBS/BTS00000cex17/7/2025, 6:39 AM
Gate.ioNBS/BTC00000cex14/8/2025, 6:32 AM
1

New BitShares FAQ

#### Overview of NBS "New BitShares" (NBS) is a blockchain-based platform that serves as a decentralized multi-asset exchange. It is the successor to the original BitShares platform, building on its foundation to offer enhanced performance and additional features. Leveraging the Delegated Proof-of-Stake (DPoS) consensus mechanism, NBS ensures efficient and secure transactions within its ecosystem. As a part of its governance model, token holders can vote to influence platform decisions, thereby facilitating a more community-driven development process. Visit Eulerpool for current data and analytics on New BitShares (NBS), including market trends, historical performance, and other relevant details. NBS continues to advance the blockchain industry's innovation through its unique combination of decentralized finance solutions and community-oriented development.

NBS is an open-source solution tailored for decentralized finance (DeFi) businesses and decentralized exchanges (DEX), utilizing the Delegated Proof of Stake (DPoS) consensus mechanism and implemented through a Decentralized Autonomous Organization (DAO) management structure. The DPoS consensus algorithm is developed to secure a blockchain by ensuring transaction representation within it. Specifically, it is designed as a technological embodiment of democracy, employing voting and election processes to safeguard the blockchain against centralization and malicious activity. The graphene technology implemented by NBS stands as one of the most advanced blockchain technologies available in the market. NBS serves as the native utility token for the following purposes: - Fees for processing transactions and data storage - Governance votes to determine the allocation of network resources - Enabling users to lend their NBS holdings with customizable reserve levels - Providing rewards to NBS system contributors, including witnesses and workers NBS offers a suite of tools, including: - NBS SDKs, which provide standard data structures and testing tools - NNS Wallet, allowing application developers to create seamless user experiences - NBS Explorer, assisting in both contract debugging and the understanding of network performance - NBS Command Line Tools, enabling developers to deploy applications from local environments For more detailed information, you can refer to Eulerpool's comprehensive resources on the topic.

What is the Current Circulation of NBS Coins?

The NBS Protocol initiated its mainnet on September 11, 2020, with a total of 3.6 billion NBS tokens established at inception, with no plans for additional issuance throughout its existence. As of March 3, 2021, the circulating supply was 3,095,718,947 NBS. Additionally, 500 million NBS are reserved in the fund pool for witnesses, system development, and maintenance costs related to the NBS network architecture. For more information, refer to Eulerpool.

Who are the Founders of NBS?

New BitShares (NBS) technology was established in July 2014 and represents the first innovation of Dan Larimer, the co-founder and CTO of Steem and EOS, together with Charles Hoskinson, the co-founder of Ethereum and Cardano. NBS serves as an open-source solution for decentralized finance (DeFi) ventures and decentralized exchanges (DEX), utilizing a delegated proof of stake (DPOS) consensus mechanism and implemented through a decentralized autonomous organization's (DAO) management structure. The graphene technology underpinning NBS is among the most sophisticated blockchain technologies available and was crafted by Dan Larimer. Since its launch on September 10, 2020, NBS has consistently adhered to the philosophy of “leveraging DeFi to create win-win scenarios, reconstructing the economic ecosystem of the public chain, and achieving inclusive DeFi applications through free sharing.” It has transformed the smartcoin application landscape by introducing both currency-based and coin-based liquidity mining, as well as the perpetual margin contract market on the NBS DEX. Enhancements such as cross-chain capabilities (NBS-Connect), oracle services (NBS-Forcast), a virtual machine (EVM), and NFTs have been integrated into the original graphene framework. Through DeFi, the economic model of the public chain is reimagined, allowing the NBS ecosystem to form a genuine closed loop. Additionally, as a high-efficiency blockchain DEX infrastructure, NBS significantly lowers the capital entry barrier and trading costs. The NFT functionality is applicable in diverse areas including digital collectibles, gaming projects, digital goods, event tickets, real estate, identification cards, certificates, and more.

Where Can I Purchase NBS?

NBS is available for trading on an increasing number of exchanges, with both cryptocurrency and stablecoin pairs currently accessible. As of September 2020, Binance provides the most extensive selection of pairs, while Huobi Global also offers options for Bitcoin (BTC) and Tether (USDT). New to cryptocurrency? Read Eulerpool’s straightforward guide on purchasing Bitcoin or any other token.

Investors interested in New BitShares are also interested in these Cryptos

This list presents a carefully selected selection of Cryptos that might be of interest to investors. We have our own crypto analyses for all listed Cryptos on Eulerpool.

Beginnings and the Rise of Cryptocurrencies

The history of cryptocurrencies began in 2008 when an individual or group using the pseudonym Satoshi Nakamoto published the whitepaper "Bitcoin: A Peer-to-Peer Electronic Cash System." This document laid the foundation for the first cryptocurrency, Bitcoin. Bitcoin utilized a decentralized technology known as blockchain to enable transactions without the need for a central authority.

In January 2009, the Bitcoin network commenced with the mining of the Genesis Block. Initially, Bitcoin was more of an experimental project for a small group of enthusiasts. The first known commercial purchase using Bitcoins occurred in 2010, when someone spent 10,000 Bitcoins on two pizzas. At that time, the value of one Bitcoin was just fractions of a cent.

The development of other cryptocurrencies

Following the success of Bitcoin, other cryptocurrencies soon emerged. These new digital currencies, often referred to as "Altcoins," sought to use and improve blockchain technology in various ways. Some of the most well-known early Altcoins include Litecoin (LTC), Ripple (XRP), and Ethereum (ETH). Ethereum, founded by Vitalik Buterin, was particularly distinct from Bitcoin, as it enabled the creation of smart contracts and decentralized applications (DApps).

Market Growth and Volatility

The cryptocurrency market grew rapidly, and with it public attention. The value of Bitcoin and other cryptocurrencies experienced extreme fluctuations. Highlights such as the end of 2017, when the Bitcoin price nearly reached 20,000 US dollars, alternated with sharp market crashes. This volatility attracted both investors and speculators.

Regulatory Challenges and Acceptance

As the popularity of cryptocurrencies rose, governments around the world began to grapple with the regulation of this new asset class. Some countries adopted a friendly stance and encouraged the development of crypto technologies, while others introduced strict regulations or outright banned cryptocurrencies. Despite these challenges, the acceptance of cryptocurrencies in the mainstream has steadily increased, with companies and financial institutions starting to adopt them.

Recent Developments and the Future

In recent years, developments such as DeFi (Decentralized Finance) and NFTs (Non-Fungible Tokens) have broadened the range of possibilities offered by blockchain technology. DeFi enables complex financial transactions without traditional financial institutions, while NFTs allow for the tokenization of artwork and other unique items.

The future of cryptocurrencies remains exciting and uncertain. Questions about scalability, regulation, and market penetration remain open. Nevertheless, interest in cryptocurrencies and the underlying blockchain technology is stronger than ever, and their role in the global economy is expected to continue growing.

Advantages of Investing in Cryptocurrencies

1. High Return Potential

Cryptocurrencies are known for their high potential returns. Investors who got in early on projects like Bitcoin or Ethereum have made substantial gains. This high return makes cryptocurrencies an attractive investment opportunity for risk-seeking investors.

2. Independence from Traditional Financial Systems

Cryptocurrencies offer an alternative to the traditional financial system. They are not bound to the policies of a central bank, making them an attractive hedge against inflation and economic instability.

3. Innovation and Technological Development

Investing in cryptocurrencies also means investing in new technologies. Blockchain, the technology behind many cryptocurrencies, has the potential to revolutionize numerous industries, from financial services to supply chain management.

4. Liquidity

Cryptocurrency markets operate around the clock, which means high liquidity. Investors can buy and sell their assets at any time, which is a clear advantage compared to traditional markets that are tied to opening hours.

Disadvantages of Investing in Cryptocurrencies

1. High Volatility

Cryptocurrencies are known for their extreme volatility. The value of cryptocurrencies can rise or fall quickly and unpredictably, posing a high risk to investors.

2. Regulatory Uncertainty

The regulatory landscape for cryptocurrencies is still emerging and varies greatly from country to country. This uncertainty can lead to risks, especially when new laws and regulations are introduced.

3. Security Risks

While blockchain technology is considered very secure, there are risks associated with the storage and exchange of cryptocurrencies. Hacks and fraud are not uncommon in the crypto world, which requires additional precautions.

4. Lack of Understanding and Acceptance

Many people do not fully understand cryptocurrencies and the underlying technology. This lack of understanding can lead to misguided investments. Additionally, the acceptance of cryptocurrencies as a means of payment is still limited.