The BitsharesX (BTSX), developed by invictus, is a well-conceived company developed with high visibility and relatively fair distribution using the DPoS core algorithm, with a block-out time of 10 seconds and a total amount of money of 2 billion. On July 19, 2014 release.BitShares X is an experiment to test the economics behind a new type of "Prediction Market." The experiment created decentralized banks and exchanges that use exchange-rate digital assets created by DPoS's secure, decentralized transaction ledger that marketize the value of anything like the dollar, gold, gasoline, and more. As with all DACs, bit X owns shares that can be transferred between users as bitcoin does. The special feature of bitcoin X is that it implements a business model similar to a bank or brokerage firm.