Summary
- Main reasons for dead coin listing abandoned
- started 2015, Ended 2016
- Social media ended 2016.
- Trading ticker (PTS).
- 1 Billion coins total.
- Not available to trade on any exchanges.
- Was built on standalone blockchain.
- Website is down.
- The Founder/SEO is unknown.
Further Details
Notes
(from old site) Security BitShares PTS is based on a security protocol called Delegated Proof of Stake (DPoS). Despite the intimidating name, DPoS is actually fairly simple to understand. DPoS is similar to a democracy. The voters in the DPoS democracy are the owners of the currency. Anyone who owns PTS can vote for up to 101 trusted representatives called “delegates” to confirm transfers between accounts. Delegates cannot create new money or take money from anyone’s account. The only thing a delegate can do is to run the network software that confirms whether or not a transfer of funds has occurred between two accounts. The performance of delegates is constantly monitored to ensure that they are quickly and reliably performing their duties. Any delegate who fails to perform will quickly be “voted out” of their position. As an owner of PTS, you are not required to vote or to otherwise participate in maintaining the network.
Links
Website https://ptscrypto.com/ Coin market Cap https://coinmarketcap.com/currencies/bitshares-pts/ Bitcoin talk https://bitcointalk.org/index.php?topic=938478.0 old website https://web.archive.org/web/20150226153331/https://ptscrypto.com/
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