Baystreet Staff -

BitShares Announce Integration Of New SmartChain Technology Developed By Cryptonomex Inc


BLACKSBURG, VA / ACCESSWIRE / June 10, 2015 / The BitShares development team has announced their biggest announcement since launching one year ago: the upgrade to BitShares 2.0 that utilizes a new technology called SmartChains, which is powered by the Graphene toolkit created by Blacksburg, Virginia based Cryptonomex Inc.

The team stated that "This is the next step in the evolution of BitShares, and incorporates all of the feedback and lessons learned from the BitShares stakeholders, partners, developers, marketers, and other community leaders throughout this past year of research and development." in a release dated June 8th, 2015 via their website.

Up until now, the core development team has closely controlled the development and direction of BitShares. With BitShares reaching maturity at version 2.0, the team is ready to remove the training wheels, and let the direction of all future development be decided completely by stakeholder vote.

To help ensure the long-term success of BitShares technology, the core development team will be reorganizing into Cryptonomex Inc., an independent blockchain development company.

By utilizing a new worker voting system that will be included in BitShares 2.0, this company will continue to help develop BitShares in whatever direction is approved by its stakeholders.

With this new structure, BitShares will be more robust, sustainable, and fairer than ever.

You can learn more about Cryptonomex at their site here:

Contact Cryptonomex:

Stan Larimer, President
[email protected]
2020 Kraft Drive Suite 3040 Blacksburg, VA 24060

SOURCE: Cryptonomex Inc.