Bitshares - State of the Network - 24th October 2017

3 months ago
73 in bitshares


Welcome to the 58th 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 - 24th October 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.

  • The BitShares Team has released an updated version of BitShares-Core (2.0.171019). This update is to address issue #433; a bug where a new asset was created and the fee wasn't paid in CORE assets. You can find the new release on github HERE

  • The BitShares Blockchain Foundation initiates the ‘Blockchain Academy Project’ which aims to provide the BitShares Testnet to students for educational purposes. Saxion University of Applied Sciences in the Netherlands is the first university to team up with the BitShares Blockchain Foundation to participate in the project which aims to familiarize students with the possibilities of the BitShares Blockchain. You can find more information HERE

  • Ronny Boesing (CEO of OpenLedger) has announced plans for further development of specific features on the Bitshares network and is asking for the communities help to determine which features should have priority. The proposed features are 1) Implementing a virtual machine (like Ethereum’s’ Virtual Machine) into Graphene, 2) Implementation of the Atomic Swap mechanism, 3) Creation of Fee Backed Asset and 4) Trustless (decentralized) BTC gateway. Voting closes on the 9th of November. You can view the whole proposal and cast your vote HERE

  • The BitUniverse team have released a new version of their 'Bitshares Wallet & Trade' mobile app (v 1.2.0.12). You can find the announcement HERE or find the wallet on the app store HERE

  • OpenLedger and MVP Asia Pacific have teamed up with Holy Angel University to Create Blockchain Innovation Lab. Ronny Boesing (CEO of OpenLedger) said “The announcement today of the inclusion of Blockchain and Cryptocurrency to the 2018 HAU curriculum will enable MVP and OpenLedger to stay at the forefront of legal and technical advancements in these rapidly evolving industries”. You can find more information HERE

  • @kencode has released his ‘The Agorise Report’ which includes updates from all the project he is working on including Stealth, Ledger Nano S, Graphenej, Mobile wallets and Point Of Sale systems. You can find his full report HERE

  • The OpenLedger team has announced the following: ‘OpenLedger is growing rapidly, and over at our R&D OpenLedger branch office in Minsk, Belarus, the staff is increasing weekly. In order to prepare for the future, October 1st of this year we moved into a new business environment, covering the top two floors of a business with 6 floors, which will allow us to host up to 200 team members. So far, we have 60 employees in this office. The beauty is that we now own the offices we use, adding extra weight to our future endeavours.’

  • Joel and Travis from 'The BAD Crypto Podcast' have entered the top referrer’s this week hitting 535 referrals, They are also the issuer of BADCOIN, which they are distributing to their listeners, Great job Guys!.

  • @estefantt has released the latest composition of the BIT20 index fund. Bit20 runs an algorithm that creates its new composition. By this process, it always includes the most promising coins. You can find more information on this week composition HERE

  • PSA: PoloniEX's Bitshares wallet is 'poloniexwallet' NOT 'poloniex'. There are warnings built into the Bitshares wallets regarding this account but it seems the last couple of weeks has seen some users who attempted to transfers BTS from Bittrex to PoloniEX accidently transfer their BTS to this name squatter. As a result the fake 'poloniex' account now controls over 2 Million Bitshares and has reached the Top 100 BTS holder list.

  • This week’s Bitshares hangout recording has been published and is available HERE

  • Current registered wallets/accounts within the Bitshares network is 447984; an increase of 6623 wallets/accounts since last week

  • The last asset registered this week is asset #2274 and it is named 'DOGCOIN' registered by 'mp3michael' with the description 'DogCoin is the coin for dog lovers of all breeds. Visit FunCoins.org for how to collect DogCoins'.

Smartcoin issuance chart showing weekly change since the start of 2017

How the BitShares blockchain compares to other blockchains

Bitshares Wallet & Trade mobile app by BitUniverse

New OpenLedger R&D office under construction in Minsk, Belarus

Stan Larimer, Michael Taggart and Toni Lane - What is Cryptocurrency Part 1

Stan Larimer, Michael Taggart and Toni Lane - What is Cryptocurrency Part 2

Have you claimed your FREE coins!?!, If not I highly recommend that you get signed up to the Billion Hero Campaign! These coins will be used in the Billion Hero Campaign and potentially be quite valuable in the future (No such thing as free lunch does not apply in Crypto - Fair distribution at any cost is the name of the game); at the moment you can get notified on the project and claim your share of the FREE coins at no cost - Click HERE and selected 'Get Notified' to claim your free coins

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.

DistributionBalanceChange W/WChange W/W %
BTS Supply2,600,940,732 301,863.000.01%
BTS Stealth287,368-0.00%
BTS in Open Orders (DEX - T250)6323468.83 -413,201.50-3.88%
Reserve Pool999,631,832 -301,675.00-0.03%
RP Accumulated fees190,746 75,145.0055.68%
Collateral (top 250) backing Smartcoins422550563 -4,489,404.00-1.10%
Top 100 Total1,253,147,347 -23,351,715.00-1.60%
Top 100 - minus Exchanges445,075,365 16,436,809.003.98%
Exchanges808,071,982 -39,788,524.00-3.81%
Non Exchanges1,792,868,750 40,090,387.002.58%

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.

MarketLast PricePrice USD24hr Vol BTS24hr Vol USDVol %Vol % Change W/W
BTC0.000009650.0532960332,010,178.141,706,015.4874.6%-57.8%
CNY0.35020.0510,913,622.84575,534.3125.4%-80.5%
USD0.06294140.0629414295.3518.590.1%

Worker Proposals

This section will identify the current approved and pending worker proposals

Active Worker:

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, Open.BTC and USD

Smartcoins

This sections seeks to analyse the current supply and market capitalisation of the Bitshares Smartcoins.

AssetSupplyPriceMarket Cap BTSMarket Cap USDSupply Change W/W
BTS2,600,940,7320.053025072,600,940,732$137,915,064.38 0.012%
BTS Stealth287,3680.05302507287,368$15,237.710.000%
Reserve Pool999,631,8320.05302507999,631,832$53,005,547.87 -0.030%
Accumulated fees190,7460.05302507190,746$10,114.32 65.004%
BitUSD3,254,37618.961,507,706$3,254,376.00 3.553%
BitCNY41,026,5682.84116,515,453$6,178,240.06 -1.982%
BitEUR59,60122.251,326,122$70,317.73 -9.798%
BitBTC45.8104,0514,765,536$252,692.87 -2.966%
BitGold90240862,167,740$114,944.570.000%
BitSilver8,820320.792,829,368$150,027.430.000%
Ruble1,802,4740.327589,409$31,253.45 2.195%
HERO8623,0002,586,000$137,122.83 0.349%

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.

AccountReferralsChange W/W
bitshares-munich527685
btsabc4207155
compumatrix123927
sdr2087155
digital-nomad2065103
jianjolly-017430
stormheart11450
bituniverse1000131
cryptofresh93620
ebit74017
fav67216
cryptocurrency35774
bcp2017535335

Vote Proxies

This section will track the change in proxy voting

AccountOpinionsFollowersWeight (M)Weight Change (M)
xeroc31215220.7 4.5
bitcrab6668211.8 1.3
baozi236772 -3.4
fav2210540.8 0.6
laomao35433.5 -0.7
abit4146717.6 0.3
bitshares-munich-wallet192314.80
blckchnd2265112.3 -0.4
btsabc586910.3 -1.8
openledgerdc36219.5 -0.7

Committee Members

This section will track shareholder approval of committee members

AccountVotes (M)Votes Change (M)
bitcrab716 -27.7
abit672.8 -39.8
bhuz654.1 -33.4
xeroc628.1 -35.6
witness.still602 -28.5
bunkerchainlabs-com592 -37.4
clayop558.5 -52.7
openledgerdc439 -31.4
ebit385.4 -39.2
chris4210379 -48.9
fav317.5 -2.5

Active Witnesses

This section will track top 25 active witnesses and the changes in support

RankWitnessVotesMissedMissed W/W
1in.abit 1.6.35 743.2705
2verbaltech2 1.6.34 737.81689
3fox 1.6.16 736.43608245
4wackou 1.6.18 712.418092
5rnglab 1.6.45 673.219052
6 bhuz 1.6.17 670.71564
7 witness.yao 1.6.71 669.83550
8 roelandp 1.6.74 668.227
9blckchnd 1.6.75 663.564614
10witness.still 1.6.69 658.190981
11sahkan-bitshares 1.6.73 645.8843
12xn-delegate 1.6.59 641.22816
13elmato 1.6.20 582.242656
14 delegate-1.lafona 1.6.28 560.727981213
15 openledger-dc 1.6.76 5605766
16crazybit 1.6.84 557.8895
17 xeldal 1.6.22 554.722513
18 delegate.baozi 1.6.37 464.214693
19 xman 1.6.64 443.21638
20delegate.freedom 1.6.63 402.84859
21 mr.agsexplorer 1.6.24 396.35725
22 delegate.ihashfury 1.6.26 392.5869
23 delegate-clayop 1.6.27 321.94842
24 cyrano 1.6.21 311.63539
25 harvey-xts 1.6.23 311.55809

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

RankAccountBalance(inc orders)OrdersChange W/WChange W/W %
1poloniexwallet245,359,2380-512,624.00 -0.21%
2poloniexcoldstorage230,001,2040-0.00%
3bitcc-bts-cold139,192,9270-0.00%
4bittrex-deposit77,174,7110-16,811,080.00 -17.89%
5btschbtc38,000,9890-0.00%
6yun-bts33,394,5940-738,046.00 -2.16%
7jubi-bts26,048,6930-191,460.00 -0.73%
8bts-scotter17,169,714016,630,203.00 3082.46%
9stan15,217,6200-0.00%
10btercom13,049,1120-0.00%
11echocold112,847,6560-0.00%
12aloha12,109,3530-8,130,917.00 -40.17%
13evan10,659,6920-0.00%
14jy20179,750,5200-0.00%
15getch-bts9,533,3590-0.00%
16virtual-ventures9,318,0780-0.00%
17bitcoinindonesia9,158,8620540,694.00 6.27%
18roje8,850,4190-0.00%
19alexna648,683,71702,294,590.00 35.91%
20ibilitlan-scoltock8,673,9580-0.00%
21cievia-waugaman7,990,2130-0.00%
22graphene20157,744,4510-0.00%
23invictus7,494,3640-0.00%
24jiny27,438,9840-0.00%
25haeassa-granovsky7,431,9310-0.00%
26cass7,000,0000-0.00%
27abinia-rivard6,550,5630-0.00%
28keebler-kahn6,500,7700-0.00%
29tyrone-shoelaces5,812,0900-0.00%
30fericia-brick5,766,6230-0.00%
31btszhqxf5,734,7120-0.00%
32yoyow.team5,579,1500-0.00%
33spring5,482,7040117,229.00 2.18%
34hnnr85,460,9970-0.00%
35linhan5,425,0950-0.00%
36storj5,424,670300000-0.00%
37cadord-ozois5,423,1730-0.00%
38xhunter5,192,0940-0.00%
39jeraud-kanze5,172,6980-0.00%
40a2dcdf323a8a576408f62604b17a8a525,157,1090850,362.00 19.74%
41brother-john5,074,5730-0.00%
42arbor45,008,5370-0.00%
43geravia-mackinnon4,777,6910-0.00%
44oh-bts4,417,0850-0.00%
45njlzb8884,404,7150-0.00%
46xgqing4,351,9030-0.00%
47btsabc-lclouis3264,349,45601,741,255.00 66.76%
48btsxzzh24,348,4320-0.00%
49synergy34,256,7290-0.00%
50tsuratsura-35574,243,58485-1.00 0.00%
51quonael-lievesley4,087,2350-0.00%
52slim4,057,6400-0.00%
53coldstorage14,000,0000-0.00%
54super-bts3,999,9900-0.00%
55wesley-waugaman3,921,0270-0.00%
56serg3,867,3490-0.00%
57bts-morning3,783,9410-1,453,651.00 -27.75%
58goodc0re3,778,2070-380.00 -0.01%
59wjlsf3,760,9653801,060,081.00 39.25%
60denkhaus3,677,4432800283,780.00 2.33%
61livecoin-net3,556,7780189,118.00 5.62%
62jackkang3,482,9380-0.00%
63enki3,424,1520-270,137.00 -7.31%
64codinat3,405,0010-0.00%
65laplap53,341,2710-0.00%
66jaehyuk3,227,0530-0.00%
67chbts3,223,5000985,894.00 44.06%
68bafohald-degeorge3,189,8660-0.00%
69scottmclane3,177,1160-10.00 0.00%
70wind-flower3,174,1920-0.00%
71bilbo-baggins3,149,3570-0.00%
72lao-wallet3,140,24228739-0.00%
73ags3,100,9190-0.00%
74null-account3,011,9470-0.00%
75billion-hero-prize3,000,0000-0.00%
76tel-9112,909,1360-0.00%
77kryptobeast072,849,9800-0.00%
78koocaa2,781,3550-0.00%
79exxbts2,753,38501,753,385.00 175.34%
80roland.sun2,733,5750-0.00%
81random1232,700,6070713,094.00 35.88%
82bitcc-bts2,627,0140-7,234,954.00 -73.36%
83hardfork22,545,4130-0.00%
84satoshi-pie2,541,0240-0.00%
85chainsquad2,528,0140-0.00%
86thread2,526,0680-0.00%
87f88992,514,5090-0.00%
88hodor2,509,8800-0.00%
89dark-angel2,505,7770-0.00%
90mybak2,502,8240-0.00%
91wys2,442,4370-0.00%
92bitspark-zephyr2,436,064097,331.00 4.16%
93dev.bitsharesblocks2,419,6720-0.00%
94spook2,296,849663285-0.00%
95tong-xin2,277,8930-500,000.00 -18.00%
96poloniex2,233,23501,046.00 0.05%
97nana-roseannadana2,209,9860-0.00%
98yvg19002,201,0370-0.00%
99kedaliwin-tefft2,192,4330-0.00%
100talos2,161,5390-0.00%

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! :)

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Sort Order:  trending
58
  ·  3 months ago

Sure has been taking a beating on the price side over the last few months..

61
  ·  3 months ago

@steempower,
This is the best time to buy BTS! So, I am on it :D And your article is the BEST REFERENCE for any person who wish to buy BTS! Moreover, this is the MOST WANTED article for me! So, thank you very much dude! This is absolutely a brilliant work!

Cheers~

·
64
  ·  3 months ago

Greetings @steempower! Do you think Steemit has what it takes to be one of the top 10 global social media platforms?

We do! Are you willing to help us do what it takes to fix steemits vulernabilities so we can bring this platform to the mainstream?

I represent an media alliance with over 10 million followers. We see that steemit needs a few small, but very important changes to make it to the next level.

Please share your solutions with us! And help us attract the attention of steem developers. Share your wisdom and thoughts with us at
https://steemit.com/steem/@earthnation/solutions-to-bring-steemit-to-the-mainstream-discussion-thread-share-your-solutions-help-us-attract-steem-developers-attention

Together, we will bring steem to the Mainstream!

·
11
  ·  3 months ago

follwo me

58
  ·  3 months ago

Sure has been taking a beating on the price side over the last few months..

57
  ·  3 months ago

Good presentation ;)

58
  ·  3 months ago

Great update and lots of developments. BTS is indeed a great crypto, it will be a winner in long run due to greats fundamentals rather than non-deliverable hypes and promises of other ICOs.

38
  ·  3 months ago

They have 60 employees in this office. The beauty is that we now own the offices we use, adding extra weight to our future endeavours.wonderfull

57
  ·  3 months ago

@steempower - Awaited a whole week to read this Summary Sir.... Nice you decided to share it <3 Therefore, I wish to ReSteem your post.

+W+ [UpVoted & ReSteemed]

·
33
  ·  3 months ago

You got vote

·
11
  ·  3 months ago

nice

41
  ·  3 months ago

Great and a helpful post every time thanks for your helpful post every time

61
  ·  3 months ago

Hello & Cheers!! I'm a content detection and information bot. You are receiving this reply because a short link or links have been detected in your post/comment. The purpose of this message is to inform your readers and yourself about the use of and dangers of short links.

To the readers of the post: Short links are provided by url shortening services. The short links they provide can be useful in some cases. Generally their use is benign. But as with all useful tools there are dangers. Short links can be used to hide all sorts of things. Quite frequently they are used to hide referral links for instance. While not dangerous this can be deceptive. They can also be used to hide dangerous links such as links to phishing sites, sites loaded with malware, scam sites, etc. You should always be extremely cautious before clicking on one. If you don't know and trust the poster don't click. Even if you do you should still be cautious and wary of any site you are sent to. It's always better to visit the site directly and not through a short link.

To the author of the post: While short links may be useful on some sites they are not needed on steemit. You can use markdown to format your links such as this link to steemit. It's as simple as [steemit](https://steemit.com) Unlike short links this allows the reader to see where they are going by simply hovering over the link before they click on it.

This message was created by a bot. It is part of the ongoing fight against spam and phishing attacks on steemit. If you did not use short links in your post and feel you have received this message in error you can contact @fubar-bdhr on discord or @fubar.bdhr on steemit chat to report the issue.
43
  ·  3 months ago

Niceee!!!

40
  ·  3 months ago

Awesome !

40
  ·  3 months ago

Awesome !

56
  ·  3 months ago

dude you made it better keep going

34
  ·  3 months ago

Thanx for sharing this interesting Post!!

34
  ·  3 months ago

Thanx for sharing this interesting Post!!

32
  ·  3 months ago

One of the best post I have seen. Thanks or all the information in 1 spot.

39
  ·  3 months ago

Great post @steempower. I'm just getting into cryptocurrency and made my first transactions only two weeks ago into Bitcoin, Ethereum & Litecoin. I'll definitely be looking at bitshares now after reading your post 🙋🏽‍♂️

49
  ·  3 months ago

Thank you for the post

69
  ·  3 months ago

I like your post @steempower

If there is time to visit my blog

62
  ·  3 months ago

lndesta120282 account was stolen by scammer!!! Don't not click the link in its comment!!!
@patrice, @pfunk, @steemcleaners, @adm, I alerted you guys yesterday about the new victim of lndesta120282. I do not have enough SP to flag it!
Please take action. Thanks!!!
For details go to: https://steemit.com/steemit/@nationalpark/observation-and-analysis-new-victim-of-the-scam

5
  ·  3 months ago

If ya'll want a strong investment plan visit https://bitpetite.com/?aff=kipparinga (bitpetite) Its a bittumbler that privatizes btc transactions using other currencies. You as an investor get paid dividends from fees they charge people to use their service.

You can invest your BTC, ETH, LTC and or XMR into bitpetite for either;
6 weeks - 4.5% daily and 1 % on weekends. Total return - 147% (47%, 100% being your original investment)
9 weeks - 3.6% daily 1% on weekends. Total return - 180% (80%, 100% being your original investment)

They recently updated their server to allow almost instantaneous withdrawals - you get paid hourly through dividends and can withdraw on demand. (within the minimum amount which is less than 5 dollars)

I would deem it low - medium risk as of now -

Good luck and happy investing :)

61
  ·  3 months ago

I really don't like this spokesperson idea 50.000 USD? Legal compliance? And I'm not alone as I heard on the latest BTS hangout from last Saturday.

27
  ·  3 months ago

Wow! that was an amazing presentation, I am definitely going to share this at my workplace!
Please upvote a noob so I can feel the full power of steem! Thanks!

47
  ·  3 months ago

Im enjoying your article...........

38
  ·  3 months ago

Wondeful article

25
  ·  3 months ago

such a great information evry time

7
  ·  3 months ago

Flash pump at bittrex 13:00 GMT follow me and upvote i will announce the currency at 13:00GMT

47
  ·  3 months ago

I have opened an OpenLedger account thanks to your daily updates.
I'm starting to see the difference between Bitcoin and Bitshares.
Keep the updates coming :-)

38
  ·  3 months ago

They have 60 employees in this office. The beauty is that we now own the offices we use, adding extra weight to our future endeavours.wonderfull

53
  ·  3 months ago

I will look into this and see if i can invest in it.

53
  ·  3 months ago

I will look into this and see if i can invest in it.

57
  ·  3 months ago

Great post!

55
  ·  3 months ago

I have been hearing mixed things about BitShares. This cleared up a lot of stuff. Thanks.

28
  ·  3 months ago

Best update👌

30
  ·  3 months ago

Great post - Like Bitshares!

69
  ·  3 months ago

Congratulations @steempower!
Your post was mentioned in the hit parade in the following category:

  • Pending payout - Ranked 2 with $ 204,54
60
  ·  3 months ago

Seriously? I'll start name-squatting.

57
  ·  3 months ago

My favorite time of the week to get updated with what is going on with Bitshares :)

57
  ·  3 months ago

My favorite time of the week to get updated with what is going on with Bitshares :)

38
  ·  3 months ago

They have 60 employees in this office. The beauty is that we now own the offices we use, adding extra weight to our future endeavours.wonderfull

46
  ·  3 months ago

Interesting, thanks

46
  ·  3 months ago

Interesting, thanks

53
  ·  3 months ago

wow, comprehensive. I'm more and more interested with BTS

45
  ·  3 months ago

how can steem price go up/

25
  ·  3 months ago

badboy's badcoid :)

29
  ·  3 months ago

thank you for sharing this valuable information

25
  ·  3 months ago

I recently made a nice BitShares investment. The time to buy is now ( in my opinion ).

44
  ·  3 months ago

good blog for steem user

33
  ·  2 months ago

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If you already created an account without sponsor, you can choose us as your upliner. Go to "Management Tools" > "Profile" > "Edit Sponsor" and type in : monerolisk

Example:
If you lend: $100 get $6
If you lend: $1,000 get $60
If you lend: $10,000 get $600
If you lend: $100,000 get $6,000

I did ten thousand on Nov 4 and Ive got about $4K back in interest already for doing nothing....and then after 120 days they will give me the original $10,000 back----taking advantage of the rise of cryptocurrency :)

I am also following you now :)