Website:www.bilshares.comhttp://www.bilshares.com/images/bils.pngIt's a fork of NXT's source code.
Thanks for the NXT community.Bils is the 100% Proof-of-Stake (PoS) currency.
BilShares are earned solely by charging transaction fees.
Unlike other currencies with PoS mining, Bils's PoS mining does not cause monetary inflation.
[Bilshares] Logo Design Contest：
https://bitcointalk.org/index.php?topic=729388The creation of BIL was in 17th ,December, 2013, with a total amount of 10 billion, and Scrypt algorithm currently outputs 8.5 billion. BIL has been popularly pursued by Chinese investors and one of the most favourite copycat currency since its creation. For now, it lands on many transaction platforms like BTC38 in China,possessing a huge amount of users foundation and super high turnover rate! It created a daily transaction amount of 20,000,000 RMB once.It is incredibly prevalent in China. But since the author disappeared, and the wallet had not been updated and maintained for a long time, thus it’ endangered with being bifurcated and 51%. As the domestic promotion team since the creation of BIL, finally we have to make a tough choice: starting a brand new chain--Bilshares to distribute BIL to users together with transaction platforms. After the distribution is completed, shutting down BIL and rolling out Bilshares transaction.
Bilshares is the electronic currency of 100% stock certificate (PoS)mechanism, and mining is not necessary at all. Blocks can be“forged” with the balance of existing account, and the account can be awarded with transaction expenses for successfully “forging”blocks. This method effectively avoids potential vulnerability and security risks in other currencies with PoW mechanism: like 51%attacks, etc., in addition, like decentralized point-to-point-exchange, voting system, colorful coins, information/chat,decentralized DNS (domain name of mainframe), real-time trading, etc.Bilshares has achieved all the functions, and can give consideration to speed and scale through the improved network model.
General situation of Bilshares current functions: A series of functions that NXT has already owned, like 100% stock certificate,transaction in assets, transparency forging, account lease, brain wallet, decentralized domain name system, random news, multiple gateways and cross-linked transaction, voting system, real-time trading, automatic transaction, multiple signature transaction, two-stage payment, digital commodity shop, intelligent contract, etc., also are equipped by Bilshares!
Total amount of Bilshares is 1 billion.Bilshares will distribute at trading platforms such as BTC38 and NIUBTC according to POW part output of Billy currency. It will remove BIL off shelves after distribution and replace it with Bilshares to do transactions!
English Online Wallet：:http://114.215.142.34:14725/ http://www.bilshares.com/images/2.gifChinese Online Wallet：:http://wallet.bilshares.com:14725/ http://www.bilshares.com/images/3.gifDistribution and allocation methods of Bilshares8.5 billion generated by POW of BIL will be distributed as 1:10 to 850 million.
120 million will be distributed to holders of 850 million currency according to the proportion in four times, official reserve will not be involved.
Official reserve is 3% for the use of functional development, promotion and maintenance; the wallet address and each expense will be published.
Expiration section: sections after 280928，280928 will not be engaged in exchanging Bilshares.
Suspended time for recharge: 9:00 am , 9th August, 2014
Suspended time for transaction:
Bilshares launch time:
Exchange online: Currently the currency exist in platforms such as BTC38、NIUBTC、BEEDUI、GUOGAO. These platforms take charge of the exchange. After the exchange is finished, all the platforms shall remove BIL currency off shelves and roll out Bilshares.
Exchange offline: Please send the wallet document by email to exchange email of official team.
Exchange email offline:
admin@Bilshares.comFormat：
Contacts：
Address of Bilshares:
Send the wallet.bat document of former BIL currency to the attachment as well.
