Bitshares - State of the Network - 25th Sept 2016
Welcome to the 3rd Bitshares State of the Network (BSotN) report. I will be releasing this report weekly to look at 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 - 25th Sept 2016
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.
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 | 2,574,037,944 |  230,376.00 | 0.0089508% |
| BTS Stealth | 258,934 | - | 0.00% |
| BTS in Open Orders (DEX) | 39,496,229 | 2,165,011.73 | 5.80% |
| Reserve Pool | 1,026,534,358 |  -230,376.00 | -0.0224371% |
| RP Accumulated fees | 16,592 | 387.00 | 2.39% |
| Collateral (top 250) backing Smartcoins | 259,148,916 | 6,216,263.00 | 2.46% |
| Top 100 Total | 1,310,846,031 | 39,955,817.39 | 3.14% |
| Top 100 - minus Exchanges | 533,207,091 | -199,941.72 | -0.04% |
| Exchanges | 777,638,941 | 40,155,759.10 | 5.44% |
| Non Exchanges | 1,796,399,003 | -39,925,383.10 | -2.17% |
| Exchanges | 777,638,941 | 40,155,759.10 | 5.44% |
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 |
|---|---|---|---|---|---|---|
| BTC | 0.0000083 | 0.005005 | 2,021,493.89 | 10,117.58 | 55.082 | -81.67% |
| CNY | 0.03268754 | 0.00490013 | 1,648,480.00 | 8,077.77 | 44.918 | -60.11% |
| USD | 0.00393195 | 0.00393195 | 0 | 0 | 0 | |
| EUR | 0.00475199 | 0.00532346 | 0 | 0 | 0 | |
| NXT | 0.021 | 0.00060596 | 0 | 0 | 0 |
Worker Proposals
This section will identify the current approved and pending worker proposals
Active Worker:
- Refund worker - returns unspent budget to the reserve pool
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 Open.BTC, Cadastral and BitCNY
Smartcoins
This sections seeks to analyse the current supply and market capitalisation of the Bitshares Smartcoins. We also look at the most active trading pairs of each asset and provide a 1yr view of the price and market cap of each Smart coin.
| Asset | Supply | Price | Market Cap BTS | Market Cap USD | Supply Change W/W |
|---|---|---|---|---|---|
| BTS | 2,574,037,944 | 0.00496249 | 2,574,037,944 | $12,773,637.56 | 0.0089508% |
| BTS Stealth | 258,934 | 0.00496249 | 258,934 | $1,284.96 | 0.00% |
| Reserve Pool | 1,026,527,219 | 0.00496249 | 1,026,527,219 | $5,094,131.06 | -0.02% |
| RP Accumulated fees | 16,912 | 0.00496249 | 16,912 | $83.93 | 4.36% |
| BitUSD | 145,219 | 195.3 | 28,361,271 | $140,742.52 | 7.92% |
| BitCNY | 2,025,961 | 29.94 | 60,657,272 | $301,011.11 | -1.15% |
| BitEUR | 7,171 | 223.3 | 1,601,284 | $7,946.36 | -14.50% |
| BitBTC | 55.8 | 120,048 | 6,698,678 | $33,242.12 | 0.72% |
| BitGold | 10.75 | 263,387 | 2,831,410 | $14,050.85 | 1.70% |
| BitSilver | 812 | 3,706 | 3,009,272 | $14,933.48 | 6.14% |
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 |
|---|---|---|
| compumatrix1 | 1608 | 3 |
| bitshares-munich | 1588 | 75 |
| openledger | 513 | 1 |
| btsabc | 346 | 2 |
| fav | 311 | 0 |
| cryptofresh | 262 | 2 |
| ccm2015 | 218 | 0 |
| gn1 | 212 | 0 |
| cryptocurrency3 | 152 | 0 |
| by24seven | 130 | 0 |
| cat-ch | 119 | 0 |
| ebit | 92 | 0 |
| kc007 | 74 | 3 |
Vote Proxies
This section will track the change in proxy voting
| Account | Opinions | Followers | Weight (M) | Weight Change (M) |
|---|---|---|---|---|
| xeroc | 40 | 129 | 171.2 | -0.5 |
| bitcrab | 36 | 24 | 87.7 | -0.6 |
| baozi | 30 | 51 | 83.4 | -4.6 |
| laomao | 42 | 4 | 44 | 0.9 |
| yao | 33 | 33 | 21.3 | -0.4 |
| harvey | 58 | 4 | 16 | 0 |
| angel | 53 | 6 | 13.7 | 0 |
| bytemaster | 38 | 33 | 11.8 | 0 |
| fav | 23 | 30 | 10.2 | 0 |
| committee-account | 0 | 165 | 9.9 | -0.2 |
Committee Members
This section will track shareholder approval of committee members
| Account | Votes (M) | Votes Change (M) |
|---|---|---|
| bitcrab | 572.9 | -25.3 |
| clayop | 526.6 | -15.3 |
| bhuz | 504.7 | -18.1 |
| bitcube | 475.3 | -19.8 |
| abit | 457.2 | -14.6 |
| xeroc | 441.5 | -10.5 |
| dele-puppy | 418.1 | -9.8 |
| ebit | 339.6 | -26.8 |
| chris4210 | 335.3 | 2 |
| bunkerchainlabs-com | 319.6 | -9.2 |
| harvey-xts | 199.2 | -3.4 |
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(include orders) | Orders | Change W/W | Change W/W % |
|---|---|---|---|---|---|
| 1 | poloniexcoldstorage | 290001202.9 | 0 | - | 0.00% |
| 2 | btc38-public-for-bts-cold | 267419115 | 0 | - | 0.00% |
| 3 | poloniexwallet | 63062502.66 | 0 | 4,405,196.86 | 7.51% |
| 4 | btercom | 38060138.79 | 0 | 26,232,791.19 | 221.80% |
| 5 | yunbi-cold-wallet | 35003434.68 | 0 | - | 0.00% |
| 6 | btc38-btsx-octo-72722 | 28763268.18 | 0 | 11,861,846.91 | 70.18% |
| 7 | blocktrades | 27245858.64 | 6722.16862 | -2,434,976.59 | -8.20% |
| 8 | pr1modiaprile | 24999291.42 | 0 | - | 0.00% |
| 9 | bittrex-deposit | 21730796.94 | 0 | -631,908.55 | -2.83% |
| 10 | cass | 19058353.36 | 0 | - | 0.00% |
| 11 | alohacs | 16855553.92 | 0 | - | 0.00% |
| 12 | duecastori2014 | 16505477.57 | 0 | - | 0.00% |
| 13 | tsuratsura-3557 | 14729231.06 | 0 | -19,537.99 | -0.13% |
| 14 | bitshares-munich-wallet | 12412742.8 | 0 | -20.75 | 0.00% |
| 15 | evan | 12118147.13 | 0 | - | 0.00% |
| 16 | maemon-personal | 11090238.19 | 0 | - | 0.00% |
| 17 | mcxcwbts | 10818456.61 | 0 | - | 0.00% |
| 18 | crypto-maniac | 10597469.97 | 0 | - | 0.00% |
| 19 | funnycat-air | 9993207.516 | 9990274.591 | - | 0.00% |
| 20 | jiny2 | 9826740.689 | 0 | - | 0.00% |
| 21 | angel | 8665536.435 | 0 | - | 0.00% |
| 22 | ccedk.escrow2 | 8620313.83 | 0 | - | 0.00% |
| 23 | suyuekuangcheng666 | 8584390.925 | 0 | 11,879.68 | 0.14% |
| 24 | roje | 8573322.113 | 0 | - | 0.00% |
| 25 | aboy | 8296343.946 | 643000 | - | 0.00% |
| 26 | hnnr8 | 8126260.236 | 0 | - | 0.00% |
| 27 | cievia-waugaman | 7990212.567 | 0 | - | 0.00% |
| 28 | bc-godpay | 7563433.058 | 0 | - | 0.00% |
| 29 | pay.xeroc | 7390384.244 | 0 | - | 0.00% |
| 30 | virtual-ventures | 7274636.037 | 0 | - | 0.00% |
| 31 | yun-bts | 7064885.355 | 0 | 2,886.73 | 0.04% |
| 32 | btc38btsxwithdrawal | 6352622.737 | 0 | 722,809.30 | 12.84% |
| 33 | abinia-rivard | 6348090.413 | 0 | - | 0.00% |
| 34 | transres | 6147301.771 | 263123.2731 | 5,430,487.27 | 757.59% |
| 35 | goldsix | 6050400.848 | 0 | - | 0.00% |
| 36 | ubris | 5999999.845 | 0 | - | 0.00% |
| 37 | btszhqxf | 5734710.5 | 0 | - | 0.00% |
| 38 | jonnybitcoin | 5642009.169 | 0 | - | 0.00% |
| 39 | graphene2015 | 5627787.564 | 0 | -0.15 | 0.00% |
| 40 | linhan | 5425093.721 | 0 | 5,425,093.72 | New to the top 1000 |
| 41 | dev.bitsharesblocks | 5415910.293 | 450522.0174 | - | 0.00% |
| 42 | bristolbay | 5325002.672 | 0 | - | 0.00% |
| 43 | miso69 | 5324070.577 | 0 | - | 0.00% |
| 44 | lzr1900 | 5292615.776 | 1500000 | - | 0.00% |
| 45 | cadord-ozois | 5254556.413 | 0 | - | 0.00% |
| 46 | xhunter | 5233237.27 | 0 | - | 0.00% |
| 47 | cnfund | 5162202.529 | 161220.0761 | - | 0.00% |
| 48 | laow | 5057707.821 | 0 | - | 0.00% |
| 49 | bitcrab | 5039274.596 | 0 | -23.47 | 0.00% |
| 50 | networker2014 | 5035407.978 | 0 | - | 0.00% |
| 51 | roland.sun | 5022491.809 | 0 | - | 0.00% |
| 52 | spring | 4735972.959 | 10000 | - | 0.00% |
| 53 | mybak | 4709246.334 | 0 | - | 0.00% |
| 54 | onceuponatime | 4650746.753 | 59786.174 | -509,605.58 | -9.88% |
| 55 | bts88 | 4527532 | 0 | - | 0.00% |
| 56 | coldstorage1 | 4489483.425 | 0 | - | 0.00% |
| 57 | impseu1 | 4432045.44 | 0 | - | 0.00% |
| 58 | btsxzzh2 | 4348431.46 | 0 | - | 0.00% |
| 59 | stan | 4195777.817 | 0 | - | 0.00% |
| 60 | harvey | 4164755.711 | 41214.25001 | -0.52 | 0.00% |
| 61 | slim | 4100811.632 | 0 | - | 0.00% |
| 62 | lambda1 | 4047823.059 | 0 | - | 0.00% |
| 63 | seusnow2020 | 4037226.752 | 0 | - | 0.00% |
| 64 | btsxking | 3995574.081 | 352166.8024 | -3,195.82 | -0.08% |
| 65 | freedom35 | 3962201.789 | 0 | - | 0.00% |
| 66 | hermes3 | 3832194.901 | 0 | - | 0.00% |
| 67 | freehawk | 3811631.287 | 0 | - | 0.00% |
| 68 | elendasa-benjamin | 3785674.178 | 0 | - | 0.00% |
| 69 | bunkerchainlabs-com | 3776678.693 | 0 | - | 0.00% |
| 70 | riverhead | 3759138.028 | 0 | -0.29 | 0.00% |
| 71 | wys | 3706185.413 | 0 | - | 0.00% |
| 72 | ironbank | 3646387.404 | 8000 | - | 0.00% |
| 73 | jaehyuk | 3627054.384 | 0 | - | 0.00% |
| 74 | li23 | 3505036 | 0 | - | 0.00% |
| 75 | mike-primorac | 3479329.453 | 0 | - | 0.00% |
| 76 | koocaa | 3453196.418 | 0 | - | 0.00% |
| 77 | btsxcn | 3376400.917 | 0 | - | 0.00% |
| 78 | tomotomo1 | 3332277.428 | 0 | - | 0.00% |
| 79 | scottmclane | 3251127.476 | 0 | - | 0.00% |
| 80 | chryspano | 3200097.451 | 0 | - | 0.00% |
| 81 | ags | 3168560.079 | 0 | - | 0.00% |
| 82 | sauron | 3124833.866 | 0 | - | 0.00% |
| 83 | bafohald-degeorge | 3114896.581 | 0 | - | 0.00% |
| 84 | cissy | 3108148.483 | 10000 | - | 0.00% |
| 85 | profoot | 3000002.391 | 0 | - | 0.00% |
| 86 | tomo | 3000001.8 | 0 | - | 0.00% |
| 87 | null-account | 2978609.433 | 0 | - | 0.00% |
| 88 | enki | 2977756.405 | 0 | 1,167,427.00 | 64.49% |
| 89 | anonym7 | 2972988.998 | 0 | - | 0.00% |
| 90 | sk | 2972367.465 | 0 | - | 0.00% |
| 91 | bang-king | 2942905.137 | 0 | -0.01 | 0.00% |
| 92 | bts-subscribe | 2926355.725 | 755026.6485 | 305,890.98 | 11.67% |
| 93 | ccddd | 2800000 | 0 | - | 0.00% |
| 94 | mostar | 2799994.733 | 0 | - | 0.00% |
| 95 | zzj012301 | 2770662 | 0 | - | 0.00% |
| 96 | gaba | 2735637.883 | 0 | 2,634.22 | 0.10% |
| 97 | kimziv0 | 2709836.805 | 0 | -24,906.48 | -0.91% |
| 98 | nathan | 2658044.01 | 0 | - | 0.00% |
| 99 | operations.hyperetas | 2626602.764 | 0 | - | 0.00% |
| 100 | rand1 | 2586346.83 | 0 | - | 0.00% |
Highlights
This section will highlight any observations made while analysing the data.
Observation from this week
- BTER has claimed 26 Million BTS and have made comments suggesting they will be opening up BTS Withdrawals in 2 days allowing trading on the Exchange and withdraw and deposit from Graphene based Bitshares chain - More details HERE
- Blockpay have rolled out Blockpay terminals at Oktoberfest at the 'Wirtshaus am Bavariapark' Beer Garden with all transactions other than Bitshares assets being facilitated by blocktrades.us- More details HERE
- @chris4210 from Bitshares Munich has confirmed that the 20,000 CNY, 5000 EUR and 7000 USD observed last week were created to facilitate value backing for merchants accepting Any of the crypto currencies provided by the Blockpay service and that this is starting capital which they will look to increase as required.
- @peerplays have announced a joint venture with Rawbots; Once released you can test your skill against other player, wagering peerplays tokens or Bitshares smartcoins.. Rawbots is a robot building and battling fun/educational game; more details HERE; Video HERE
- The Bitshares Munich team has also started experimenting with a market making bot which is aiming to provide liquidity support for smartcoin markets.
- OpenLedger have added some new Asset to the Bitshares network; Open.GRC (GridCoin) and Open.AMP (Synereo AMP) with gateway services operated by @blocktrades / blocktrades.us
- Fun Casino weekly income stood at -1.25 BTC on the account of customers winnings outweighing losses; as such dividend have not been paid to FUNC holders this week.. just goes to show the house doesn't always win - more details HERE
- Bittrex has made further comments regarding their plan of a fully verified exchange also PoloniEX has given notice to New Hampshire customers that there account will be frozen due to pending regulation - With moves like this from centralised exchanges it add power to a decentralised Exchanges! Bitshares require's no verification and can operate in every area around the world regardless of regulation.
- Bittrex has also made a large number of delisting recently which took investors by surprise, they have also stated that minimum volume requirements of 0.3 BTC on a 14 day moving average are required to maintain listings; it has also been suggested that this requirement will raise to 0.5 BTC by the end of the year; leaving some smaller projects without an exchange in which to trade on.
Thanks for viewing :)
I hope you enjoyed this report! :)
i value your feedback, Is there something more you would like me to track in these reports? please let me know in the comments.
For USD markets you could try:
curl --data '{"jsonrpc": "2.0", "method": "get_24_volume", "params": ["USD", "BTS"], "id": 1}' https://bitshares.openledger.info/ws/Because Cryptofresh api shows always 0.
I dont know how to check more markets with one call.
Thanks very much for the Tip :) This string i Gold, just thinking about what other params i could put in there to pull data from OL!
The Smartcoin trading volume is that part i dreaded the most about this because when i looked at cryptofresh, coinmarketcap, and the dex all the figures were different; and i was spending 30-45 minutes just trying to get accurate figures.
With mentioned earlier you can change only other market pairs. "id" is required but whatever i put there it works. For different data you'll need other method:
curl --data '{"jsonrpc": "2.0", "method": "get_order_book", "params": ["OPEN.STEEM","BTS", 10], "id": 3}' https://bitshares.openledger.info/ws/But this is far from optimal, when comes to real time ticker.
I was thinking about something like this:
Why? Because those BTS prices talks nothing to newbies and they are maybe to lazy to calculate.
But Cryptofresh is updated hourly so not good for "real time" data.
It seems RPC calls is not best choice and also very limited.
With full node you can obtain any data you want, but this requires... full node.
We need server with better public API (just pure data), so people could build own stuff with minimum effort and skills.
*note: I'm noob
OpenLedger also added Open.GRC (Gridcoin) this week :)
Awesome!, that is great news :) - I will update the post
Whats up (down) with the committee members approval?
yes it is interesting that statistic; the only committee member who saw a rise in approval this week was @chris4210 which i would say is directly related to blockpay, market makers, smartcoin issueance and his/their huge efforts in progressing the platform
Thanks for the information!
good
Hey @steempower, I am glad I found this blog! I have a question, how are the referral's tracked?
It would be of great assistance if you could answer this for me! :)
Have a great rest of your day!
Hi @theprophet0,
I am tracking referrals via the Cryptofresh which is deriving the data from the blockchain.
In Bitshares if you refer a user you get a cut of their fee's over time. Please see the image below showing a compumatrix users who signed up using a referral code 'compumatrix1'; details of the kickbacks are also listed on the right.
Referral Stats
kc007
is my lost account.hurts my eyes. all coins there are lost.
kc069 is the new one. some memebers donated to it, for the loss of original.
Sorry to hear that man :(, how did it happen? any tips to other users on lessons learnt?