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New BitShares
NBS

About New BitShares

New BitShares (NBS) is a blockchain operating on a Delegated Proof-of-Stake (DPoS) consensus mechanism. It is a fork of the original BitShares (BTS) network, created to address certain features that the BitShares community did not approve, with the goal of supporting decentralized finance (DeFi) and decentralized exchange (DEX) applications. The NBS token can be used for paying transaction fees, participating in governance, and staking within the network. Its total supply amounts to 3.6 billion tokens. Key features of New BitShares include reversing centralization concerns present in the original network, such as removing the gradual weakening of voting power, enabling one vote per committee election, eliminating locked voting, and preventing the removal of voting rights when BTS is used a...

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