Welcome to the 50th Bitshares State of the Network (BSotN) report. A weekly report focusing on the changes in the ecosystem and track longer term changes in a effort to identify emerging trends and changes in the Bitshares platform.
Bitshares - State of the Network - 29th August 2017
The Bitshares State of the Network Reports seeks to combine raw data from a wide range of metrics and combine them into meaningful information to identify emerging trends and changes in the Bitshares network.
Observation from this week
This section will highlight any observations made while analysing the data.
Toni Lane Casserly (@tlc) The Joan of Arc in Bitcoin and Blockchain Technologies; has joined the Billion Hero Campaign! you can find out more about Toni on her Steemit introduction post HERE and the announcement of her involvement in the BHC HERE
This week the founders of door.one have announced and upcoming project to launch a new exchange on the Bitshares network. Door.one will have a web and mobile presence which are both currently in development.. Looking at the announcement they have a very aggressive roadmap. You can find more information HERE
@taconator has released a fee report for the Bitshares network for the month of July. The report goes in to a lot of details as to operations and fees collected. During the month of July; 698,000 BTS were collected for 16,700,00 operations (within 3,280,000 transactions). See the full report HERE
@cm-steem has drafted 2 new BSIP (Bitshares Improvement Proposals) - BSIP-0023 Titled: Sharedropping an UIA against an external cryptocurrency distribution snapshot and BSIP-0024 Titled: Locking Bitshares away as 'Bitshares Influence' for voting privileges on the BTS DEX. @cm-steem has written a number of the previously published BSIP's and these two as with the previous ones are well written proposals with a huge amount of detail on there subject matter.
@richcg has been working on an updated design for the Bitshares.org website. You can view his latest progress HERE
Stealth Bitshares... This feature is not well known as it is somewhat complex to execute in its current form (don't worry @kencode is working on fixing that!). An old but good article was linked in telegram this week and i thought it might be useful for some newer viewers to at least know that Bitshares Stealth is an option. The post written by @vikx titled 'Anonymity and decentralization: an application for the stealth (hidden) transactions of the Graphene / Bitshares / Steem' can be found HERE
Article released on medium this week titled 'Unbanking the Banked' written by @michealx over-viewing Bitsparks recent migration plans to Bitshares and what it means for the movement of money globally. You can find the article HERE
@stan has mentioned on telegram this week that he has an upcoming interview with the community from Pirates without borders - 'Pirates Without Borders is an international association of Pirates. Unlike PPI it accept individuals as members and is itself a member organization of Pirate Parties International.'
@virtualgrowth is doing a weekly market update and token give away; Check out his post and vote on your favorite asset HERE, if you leave you Bitshares username in the comment you may even be one of the lucky recipients of the token giveaway.
This weeks Bitshares hangout recording has been published and is available HERE
Current registered wallets/accounts within the Bitshares network is 394154; an increase of 9925 wallets/accounts since last week
The last asset registered this week is asset #1625 and it is named 'POCKET' registered by 'virtual-growth' with no description but he has made a post about this token which you can find HERE
Smartcoin issueance chart showing weekly change since the start of 2017
Door.one concept art - more details HERE
Quantity of Transactions and Operations - Full report HERE
Fee's paid by day - Full report HERE
@stan is Planning the 2018 Global Reset
Bitshares Distribution
This sections seeks to analyse the current distribution of the network. We look at the current supply, top 100 hodlers, Orders on the Bitshares Decentralized Exchange (DEX), Reserve pool balance and Income growth.
| Distribution | Balance | Change W/W | Change W/W % |
|---|---|---|---|
| BTS Supply | 2,598,538,273 |  345,311.00 | 0.01% |
| BTS Stealth | 269,289 | - | 0.00% |
| BTS in Open Orders (DEX - T250) | 3301962.83 |  -10,326.07 | -0.32% |
| Reserve Pool | 1002034371 | -345,310.00 | -0.03% |
| RP Accumulated fees | 61009 | 10,063.00 | 20.38% |
| Collateral (top 250) backing Smartcoins | 423226293 | 23,512,713.00 | 6.14% |
| Top 100 Total | 1,519,832,218 | -17,849,481.00 | -1.15% |
| Top 100 - minus Exchanges | 402,404,297 | -14,101,130.00 | -3.24% |
| Exchanges | 1,117,427,921 | -3,748,351.00 | -0.34% |
| Non Exchanges | 1,481,110,352 | 4,093,662.00 | 0.28% |
Profit/Expenses from the Bitshares Reserve Pool
The chart below show historic profit/expense from the Bitshares Reserve Pool where a positive number represents a W/W profit and a negative number means a W/W expense; Bitshares expenses include witness and worker pay and income includes network fees.
BTS Trading
Looking at the most active trading pairs for Bitshares (BTS). Data displayed is a 24 hour snapshot as taken on the date of this report and not a reflection on the week as a whole.
| Market | Last Price | Price USD | 24hr Vol BTS | 24hr Vol USD | Vol % | Vol % Change W/W |
|---|---|---|---|---|---|---|
| CNY | 0.91 | 0.14 | 96,328,990.31 | 13,351,286.00 | 63.8% | 1.2% |
| BTC | 0.00003247 | 0.14 | 54,461,119.75 | 7,724,437.90 | 36.1% | 19.2% |
| ETH | 0.00040048 | 0.14236834 | 234,610.42 | 33,401.10 | 0.2% | 41.6% |
| EUR | 0.1121 | 0.13514458 | 19,557.09 | 2,643.03 | 0.0% | |
| USD | 0.138407 | 0.138407 | 3,888.39 | 538.1804 | 0.0% |
Worker Proposals
This section will identify the current approved and pending worker proposals
Active Worker:
- 201708-bitsharesui
- Alfredo Garcia - Core Development for Second half of 2017
- 201707-bsip18
- Refund400k
Proposed Worker
DEX: Most Active Markets
This section will show the BTS markets within the DEX and seek to highlight the most active markets.
The most active base pair is BTS and the top 3 pairs are CNY, USD and PPY
Smartcoins
This sections seeks to analyse the current supply and market capitalisation of the Bitshares Smartcoins.
| Asset | Supply | Price | Market Cap BTS | Market Cap USD | Supply Change W/W |
|---|---|---|---|---|---|
| BTS | 2,598,538,273 | 0.13983261 | 2,598,538,273 | $363,360,388.90 | 0.013% |
| BTS Stealth | 269,289 | 0.13983261 | 269,289 | $37,655.38 | 0.000% |
| Reserve Pool | 1,002,034,371 | 0.13983261 | 1,002,034,371 | $140,117,081.41 | -0.034% |
| Accumulated fees | 61,009 | 0.13983261 | 61,009 | $8,531.05 | 19.752% |
| BitUSD | 3,763,268 | 7.06 | 26,568,672 | $3,763,268.00 | 8.592% |
| BitCNY | 90,853,029 | 1.08 | 98,121,271 | $13,720,553.47 | 8.458% |
| BitEUR | 101,988 | 8.55 | 871,997 | $121,933.67 | -0.087% |
| BitBTC | 57.4 | 30,831 | 1,769,699 | $247,461.69 | -4.333% |
| BitGold | 90 | 9511.972259 | 856,078 | $119,707.55 | 0.000% |
| BitSilver | 8,932 | 125.2 | 1,118,286 | $156,372.91 | 2.572% |
| Ruble | 2,559,427 | 0.12 | 307,131 | $42,946.96 | 4.376% |
| HERO | 1,806 | 1,111 | 2,006,466 | $280,569.38 | -0.769% |
Referral Stats
This section will track user referrals, to gauge active refers overtime. The chart below shows in blue the total number of referred users and in orange the new referrals for this week.
| Account | Referrals | Change W/W |
|---|---|---|
| bitshares-munich | 4518 | 98 |
| btsabc | 2562 | 212 |
| compumatrix1 | 2373 | 7 |
| jianjolly-0 | 1743 | 0 |
| digital-nomad | 1540 | 89 |
| sdr | 1252 | 63 |
| stormheart | 1107 | 126 |
| cryptofresh | 747 | 23 |
| fav | 547 | 6 |
| cryptocurrency3 | 537 | 12 |
| openledger | 528 | 0 |
| gn1 | 426 | 12 |
| ebit | 382 | 23 |
Vote Proxies
This section will track the change in proxy voting
| Account | Opinions | Followers | Weight (M) | Weight Change (M) |
|---|---|---|---|---|
| bitcrab | 64 | 41 | 234.3 | 0.7 |
| xeroc | 35 | 192 | 217.7 | 0.7 |
| laomao | 35 | 4 | 116.1 | -16 |
| baozi | 29 | 65 | 59.3 | -0.3 |
| fav | 21 | 95 | 36.8 | 0.6 |
| bitshares-munich-wallet | 16 | 15 | 14.5 | 8 |
| abit | 42 | 445 | 12.1 | 0 |
| dahu | 24 | 3 | 8.7 | 0.1 |
| hellobts | 30 | 19 | 8 | 0.1 |
| yao | 33 | 36 | 7.6 | 1.1 |
Committee Members
This section will track shareholder approval of committee members
| Account | Votes (M) | Votes Change (M) |
|---|---|---|
| bitcrab | 791.8 | -7.6 |
| abit | 765.7 | -9.1 |
| bhuz | 743.4 | -2.6 |
| clayop | 667.3 | -9.3 |
| xeroc | 628.2 | -1.7 |
| bunkerchainlabs-com | 592.5 | 2.5 |
| witness.still | 588.4 | 14.6 |
| openledgerdc | 424 | 15.7 |
| harvey-xts | 403 | -0.7 |
| ebit | 385.7 | 9.9 |
| chris4210 | 379.3 | -4.7 |
Active Witnesses
This section will track top 25 active witnesses and the changes in support
| Rank | Witness | Votes | Missed | Missed W/W |
|---|---|---|---|---|
| 1 | in.abit 1.6.35 | 813.6 | 703 | |
| 2 | fox 1.6.16 | 799.5 | 3347 | |
| 3 | bhuz 1.6.17 | 798.3 | 1563 | 3 |
| 4 | verbaltech2 1.6.34 | 794.6 | 1669 | |
| 5 | wackou 1.6.18 | 786.4 | 1795 | 3 |
| 6 | witness.yao 1.6.71 | 744.8 | 3540 | |
| 7 | rnglab 1.6.45 | 739.9 | 1826 | |
| 8 | xman 1.6.64 | 738.7 | 1609 | 7 |
| 9 | delegate.baozi 1.6.37 | 732.5 | 1449 | 1 |
| 10 | elmato 1.6.20 | 730.9 | 4171 | 98 |
| 11 | witness.still 1.6.69 | 722.7 | 8927 | |
| 12 | xn-delegate 1.6.59 | 697.8 | 2759 | 1 |
| 13 | roelandp 1.6.74 | 660.4 | 14 | |
| 14 | xeldal 1.6.22 | 650.4 | 1875 | |
| 15 | openledger-dc 1.6.76 | 648.6 | 508 | 1 |
| 16 | blckchnd 1.6.75 | 644.9 | 599 | 2 |
| 17 | sahkan-bitshares 1.6.73 | 584 | 796 | 3 |
| 18 | delegate-1.lafona 1.6.28 | 565.2 | 1568 | |
| 19 | abc123 1.6.65 | 535.5 | 1265 | 3 |
| 20 | harvey-xts 1.6.23 | 497.4 | 5809 | |
| 21 | delegate.freedom 1.6.63 | 492.7 | 4855 | |
| 22 | delegate.btsnow 1.6.40 | 488.1 | 4056 | 2 |
| 23 | mr.agsexplorer 1.6.24 | 481.1 | 5715 | |
| 24 | spartako 1.6.15 | 439.2 | 2121 | |
| 25 | delegate-clayop 1.6.27 | 426.8 | 4842 |
Top 100 Distribution including Exchanges
This section looks at the top 100 rich list and compares account balances, this section will seek to identify changes in ownership which may lead to interesting investigations and early warning signs of upcoming projects
| Rank | Account | Balance(inc orders) | Orders | Change W/W | Change W/W % |
|---|---|---|---|---|---|
| 1 | poloniexcoldstorage | 230,001,204 | 0 | - | 0.00% |
| 2 | chbts | 177,152,865 | 0 | -26,446,285.00 | -12.99% |
| 3 | bitcc-bts-cold | 124,192,932 | 0 | 2,202,116.00 | 1.81% |
| 4 | bittrex-deposit | 118,264,854 | 0 | 16,394,106.00 | 16.09% |
| 5 | yunbi-cold-wallet | 110,000,000 | 0 | -20,000,000.00 | -15.38% |
| 6 | yunbi-granary | 100,000,000 | 0 | - | 0.00% |
| 7 | jubi-bts | 89,765,640 | 0 | -5,236,847.00 | -5.51% |
| 8 | poloniexwallet | 58,602,954 | 0 | 31,508,491.00 | 116.29% |
| 9 | btschbtc | 50,000,990 | 0 | - | 0.00% |
| 10 | bterdeposit | 34,762,421 | 0 | -6,838,617.00 | -16.44% |
| 11 | aloha | 20,268,188 | 0 | - | 0.00% |
| 12 | stan | 15,293,646 | 0 | -40,002.00 | -0.26% |
| 13 | btercom | 13,049,112 | 0 | - | 0.00% |
| 14 | echocold1 | 12,847,656 | 0 | - | 0.00% |
| 15 | tsuratsura-3557 | 12,180,000 | 0 | - | 0.00% |
| 16 | evan | 10,659,692 | 0 | - | 0.00% |
| 17 | getch-bts | 9,533,359 | 0 | - | 0.00% |
| 18 | cass | 9,378,343 | 0 | 39,894.00 | 0.43% |
| 19 | alexna64 | 9,341,523 | 0 | 2,078,141.00 | 28.61% |
| 20 | virtual-ventures | 9,318,078 | 0 | - | 0.00% |
| 21 | roje | 8,850,419 | 0 | - | 0.00% |
| 22 | ibilitlan-scoltock | 8,673,958 | 0 | - | 0.00% |
| 23 | cievia-waugaman | 7,990,213 | 0 | - | 0.00% |
| 24 | graphene2015 | 7,744,451 | 0 | - | 0.00% |
| 25 | invictus | 7,494,364 | 0 | - | 0.00% |
| 26 | jiny2 | 7,438,984 | 0 | - | 0.00% |
| 27 | haeassa-granovsky | 7,431,931 | 0 | - | 0.00% |
| 28 | abinia-rivard | 6,550,563 | 0 | - | 0.00% |
| 29 | keebler-kahn | 6,500,770 | 0 | - | 0.00% |
| 30 | yun-bts | 6,116,277 | 0 | 4,054,321.00 | 196.63% |
| 31 | fericia-brick | 5,766,623 | 0 | - | 0.00% |
| 32 | btszhqxf | 5,734,712 | 0 | - | 0.00% |
| 33 | chsend | 5,518,672 | 0 | 614,364.00 | 12.53% |
| 34 | hnnr8 | 5,460,997 | 0 | - | 0.00% |
| 35 | linhan | 5,425,095 | 0 | - | 0.00% |
| 36 | cadord-ozois | 5,423,173 | 0 | - | 0.00% |
| 37 | spring | 5,365,475 | 0 | - | 0.00% |
| 38 | abit | 5,233,612 | 0 | - | 0.00% |
| 39 | xhunter | 5,192,094 | 0 | - | 0.00% |
| 40 | jeraud-kanze | 5,172,698 | 0 | - | 0.00% |
| 41 | brother-john | 5,074,573 | 0 | - | 0.00% |
| 42 | arbor4 | 5,008,537 | 0 | - | 0.00% |
| 43 | geravia-mackinnon | 4,777,691 | 0 | - | 0.00% |
| 44 | tyrone-shoelaces | 4,459,898 | 0 | - | 0.00% |
| 45 | btsxzzh2 | 4,348,432 | 0 | - | 0.00% |
| 46 | synergy3 | 4,256,729 | 85 | - | 0.00% |
| 47 | bitcoinindonesia | 4,192,568 | 0 | -187,413.00 | -4.28% |
| 48 | slim | 4,153,744 | 0 | - | 0.00% |
| 49 | trans.bot | 4,114,333 | 5453 | 997,997.00 | 32.02% |
| 50 | quonael-lievesley | 4,087,235 | 0 | - | 0.00% |
| 51 | coldstorage1 | 4,000,000 | 0 | - | 0.00% |
| 52 | wesley-waugaman | 3,921,027 | 0 | - | 0.00% |
| 53 | millibit53 | 3,867,098 | 0 | -2,132,902.00 | -35.55% |
| 54 | blocktrades | 3,618,261 | 6674 | 279,582.00 | 8.37% |
| 55 | bts-morning | 3,402,838 | 0 | -104,499.00 | -2.98% |
| 56 | laplap5 | 3,341,271 | 0 | - | 0.00% |
| 57 | goodc0re | 3,290,951 | 0 | - | 0.00% |
| 58 | jaehyuk | 3,227,053 | 0 | - | 0.00% |
| 59 | scottmclane | 3,197,126 | 20000 | - | 0.00% |
| 60 | bafohald-degeorge | 3,189,866 | 0 | - | 0.00% |
| 61 | wind-flower | 3,174,192 | 0 | - | 0.00% |
| 62 | cryptonomex | 3,169,747 | 0 | - | 0.00% |
| 63 | null-account | 3,011,947 | 0 | 2.00 | 0.00% |
| 64 | lao-wallet | 3,000,973 | 0 | - | 0.00% |
| 65 | billion-hero-prize | 3,000,000 | 0 | - | 0.00% |
| 66 | tel-911 | 2,909,136 | 0 | - | 0.00% |
| 67 | wys | 2,846,796 | 0 | -410,010.00 | -12.59% |
| 68 | do123 | 2,800,041 | 0 | - | 0.00% |
| 69 | serg | 2,710,347 | 0 | 101,715.00 | 3.90% |
| 70 | oraclechain | 2,588,073 | 0 | -1.00 | 0.00% |
| 71 | rg33m43ffaeqdrnk | 2,564,725 | 0 | - | 0.00% |
| 72 | hardfork2 | 2,545,413 | 0 | - | 0.00% |
| 73 | satoshi-pie | 2,541,024 | 0 | - | 0.00% |
| 74 | chainsquad | 2,528,015 | 0 | - | 0.00% |
| 75 | hodor | 2,509,880 | 0 | - | 0.00% |
| 76 | super-bts | 2,499,995 | 0 | - | 0.00% |
| 77 | thread | 2,495,016 | 0 | - | 0.00% |
| 78 | dev.bitsharesblocks | 2,419,722 | 0 | -279,826.00 | -10.37% |
| 79 | jogger2 | 2,403,888 | 0 | - | 0.00% |
| 80 | bts-19800 | 2,309,091 | 0 | -1,136,241.00 | -32.98% |
| 81 | spook | 2,296,849 | 0 | - | 0.00% |
| 82 | freedom35 | 2,247,778 | 0 | - | 0.00% |
| 83 | dark-angel | 2,237,395 | 0 | - | 0.00% |
| 84 | nana-roseannadana | 2,209,986 | 0 | - | 0.00% |
| 85 | yvg1900 | 2,201,037 | 0 | - | 0.00% |
| 86 | jonnybitcoin | 2,198,178 | 0 | 141,088.00 | 6.86% |
| 87 | mostar | 2,197,489 | 0 | - | 0.00% |
| 88 | kedaliwin-tefft | 2,192,433 | 0 | - | 0.00% |
| 89 | talos | 2,161,539 | 0 | - | 0.00% |
| 90 | jackkang | 2,160,005 | 0 | - | 0.00% |
| 91 | top-quants | 2,128,009 | 0 | - | 0.00% |
| 92 | wackou | 2,117,383 | 0 | -52.00 | 0.00% |
| 93 | bilbo-baggins | 2,113,427 | 0 | - | 0.00% |
| 94 | wayne-btsx | 2,063,813 | 0 | - | 0.00% |
| 95 | koocaa | 2,027,208 | 0 | - | 0.00% |
| 96 | claude-homml | 2,017,353 | 0 | - | 0.00% |
| 97 | dadossi-chandra | 2,004,562 | 0 | - | 0.00% |
| 98 | pay.xeroc | 2,000,751 | 0 | -1.00 | 0.00% |
| 99 | topquants6 | 2,000,733 | 0 | - | 0.00% |
| 100 | topquants3 | 2,000,500 | 0 | - | 0.00% |
Thanks for viewing :)
I value your feedback.
Is there something more you would like me to track in these reports? or do you have some information for the next BSoTN report? please let me know in the comments, on steemit.chat, in the 'BitsharesDEX' Telegram group or every Friday in the the BeyondBitcoin Hangouts.
I hope you enjoyed this report! :)
Image Credit: @cass
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