## What Is NBS?


NBS is an OSS (open source) solution for DeFi (decentralized finance) business and DEX (decentralized exchange) based on DPOS consensus and implemented with DAO's organizational management structure. Delegated Proof of Stake (DPoS) is a consensus algorithm developed to secure a blockchain by ensuring representation of transactions within it. DPoS is designed as an implementation of technology-based democracy, using voting and election process to protect blockchain from centralization and malicious usage. The graphene technology used by NBS is one of the most advanced blockchain technologies on the market.


NBS is the native utility token that is used for:


* Fees for processing transactions and storing data.
* Used for governance votes to determine how network resources are allocated.
* Offers the capability to loan your NBS holdings with customizable reserve levels 
* Rewards for NBS system Contributors includes witness and workers.


NBS tools include: 


* NBS SDKs which includes standard data structures and testing tools . 
* NNS Wallet that lets application developers create streamlined user experiences. 
* NBS Explorer to aid with both debugging of contracts and the understanding of network performance. 
* NBS Command Line Tools to allow developers to deploy applications from local environments.




## How Many NBS Coins Are There in Circulation?


NBS Protocol launched its mainnet on Sept. 11, 2020 with fixed 3.6 billion NBS tokens created at genesis (No additional issuance in its lifetime). Circulating Supply were 3095718947 as dated March 3rd.2021. 500 million NBS is reserved in the fund pool for witnesses, system development and NBS network architecture maintenance costs..




### Who Are the Founders of NBS?


NBS technology was created in July 2014 and is the first brainchild of  Steem  and  EOS  cofounder and CTO Dan Larimer, along with Ethereum and Cardano cofounder Charles Hoskinson.


NBS is an OSS (open source) solution for DeFi (decentralized finance) business and DEX (decentralized exchange) based on DPOS consensus and implemented with DAO's organizational management structure. The graphene technology used by NBS is one of the most advanced blockchain technologies on the market and was developed by Dan Larimer.


Since launched on September 10, 2020, NBS has been adhering to the concept of “using DeFi to achieve a win-win situation, reconstructing the economic ecology of the public chain, and using free sharing to achieve DeFi inclusive applications”, and has revolutionized the application of smartcoins by introducing the currency-based and coin-based liquidity mining as well as the perpetual margin contract market on the NBS DEX. Cross-chain (NBS-Connect), oracle machine (NBS-Forcast), virtual machine EVM and NFT are added to the original graphene structure. Reconstructing the economic model of the public chain through DeFi allows the NBS ecosystem to form a true closed loop. At the same time, as an efficient blockchain DEX infrastructure, NBS greatly reduces the capital threshold and cost of trading. The NFT function can be applied to fields such as digital collectibles, game projects, digital goods, event tickets, real estate, ID cards, certificates, etc.




### Where Can I Buy NBS?


NBS is available for trading on a growing number of exchanges, with cryptocurrency and [stablecoin](https://coinmarketcap.com/alexandria/article/what-is-a-stablecoin) pairs currently available.


[Binance](https://coinmarketcap.com/exchanges/binance/) offers the largest number of pairs as of Sept. 2020, while [Huobi Global](https://coinmarketcap.com/exchanges/huobi-global/) also offers [Bitcoin](https://coinmarketcap.com/currencies/bitcoin/) (BTC),  and [Tether](https://coinmarketcap.com/currencies/tether/) (USDT) options.


New to cryptocurrency? Read CoinMarketCap’s [easy guide](https://coinmarketcap.com/how-to-buy-bitcoin/) to buying Bitcoin or any other token.


New BitShares

Nitro Network

GoChain

Populous is a network designed to offer small and medium-sized enterprises (SMEs) invoice liquidity for up to 90 days. Launched in 2017, Populous is designed to enable peer-to-peer (P2P) interaction between enterprises, boost liquidity and solve problems with working capital for SMEs.

By relying on blockchain technology and smart contracts, the Populous network facilitates decentralized communication between businesses and allows them to share liquidity pools. According to the network’s official whitepaper, there is a need for liquidity in the sector, and Populous is trying to bring the solution. By providing short-term liquidity to enterprises through P2P lending, the network gives enterprises quick access to capital, which cannot be achieved by waiting for customers to settle invoices.

Populous

CNNS

Tachyon Protocol

LemoChain

BitShares Blockchain is a decentralized “Blockchain as Organization” (BaO); an industrial-grade decentralized open source platform built to run high-performance financial technology operations. It represents the first decentralized autonomous decentralized community that enables its core utility token (BTS) holders to decide the Blockchain future direction in order to develop and maintain a wide range of decentralized financial technology products, features and functions. BitShares Blockchain is a Blockchain that permanently records financial technology operations between different Blockchain accounts and facilitates a wide range of access controls across BitShares Blockchain user financial means.

BitShares Blockchain is a technology that supports the digital generation entrepreneurs, investors, and developers with a common interest in building and participating in free market solutions by leveraging the power of globally decentralized consensus and decision making. Consensus technology has the power to do for economics what the internet did for information. It can harness the combined power of all humanity to coordinate the discovery and aggregation of real-time knowledge, previously unobtainable. This knowledge can be used to more effectively coordinate the allocation of resources toward their most productive and valuable use.

BitShares looks to extend the innovation of the Blockchain to all industries that rely upon the internet to provide their services. Whether its banking, stock exchanges, lotteries, voting, music, auctions or many others, a digital public ledger allows for the creation of distributed autonomous companies (or BaO) that provide better quality services at a fraction of the cost incurred by their more traditional, centralized counterparts. The advent of (BaO) ushers in a new paradigm in organizational structure in which companies can run without any human management and under the control of an incorruptible set of business rules. These rules are encoded in publicly auditable open source software distributed across the computers of the companies’ shareholders, who effortlessly secure the company from arbitrary control. BitShares does for business what bitcoin did for money by utilizing distributed consensus technology to create companies that are inherently global, transparent, trustworthy, efficient and most importantly profitable.

BitShares has went through many changes and has done its best to stay on top of Blockchain technology. BitShares is using Consensus as the mechanism by which organized people decide upon unitary rational action. While not considered technology in the traditional since, consensus “technology” is the basis of democratic governance and the coordination of free market activity first coined by Adam Smith as the “Invisible Hand.” The process of consensus decision-making allows for all participants to consent upon a resolution of action even if not the favored course of action for each individual participant. Bitcoin was the first system to integrate a fully decentralized consensus method with the modern technology of the internet and peer-to-peer networks in order to more efficiently facilitate the transfer of value through electronic communication. The proof-of-work structure that secures and maintains the Bitcoin network is one manner of organizing individuals who do not necessarily trust one another to act in the best interest of all participants of the network. The BitShares ecosystem employs Delegated Proof of Stake in order to find efficient solutions to distributed consensus decision making.

BitShares

Future1coin

Aergo describes itself as an open-source enterprise blockchain platform optimized for hybrid deployments, which consist of both permissioned and permissionless blockchain architectures. It includes support for SQL allowing for easy data handling and familiar smart contract programming for developers.

The platform is built and utilized by Blocko, the Samsung-backed South Korean blockchain technology company that, according to Korean media sources, has deployed production blockchain solutions for large-scale clients including Lotte Card, Shinhan Bank, Korea Exchange, Hyundai Motors, and more.

Aergo

v.systems

BitKan

Hifi (formerly Mainframe) is a Lending Protocol that allows anyone to borrow against their crypto. Hifi uses a bond-like instrument, representing an on-chain obligation that settles on a specific future date. Buying and selling the tokenized debt enables fixed-rate, fixed term lending and borrowing — something much needed in decentralized finance today. It is anticipated that a ticker symbol change will occur alongside future iterations on the Hifi Lending Protocol.

Mainframe Token (MFT) is the native utility token that is used for:

Governance votes

Staking to ensure the safety of the protocol

Rewarding contributors to the ecosystem

What can you do with the Hifi Lending Protocol:

Borrow:  Lock collateral in a vault to mint fixed-rate, fixed-term debt tokens.  These debt tokens can be swapped for instant liquidity allowing users to leverage long, yield farm, or pursue other strategic trades without selling their collateral tokens.

Lend:  Buy fixed-rate, fixed-term debt tokens for a discount.  When the term expires they can be redeemed for face value, earning lenders a predictable return on their investment.

Provide Liquidity:  Earn trading fees by providing liquidity between debt tokens and stablecoins on an Automated Market Maker (AMM).