Welcome to the 67th 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 - 27th December 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 first demo of the Bitshares tradingview integration has been released this week with OXArbitrage posting a link to the UDF wrapper on github HERE. You can view the Bitshares BTS_BitUSD market in the demo HERE. I personally am very excited to see this implemented into the reference wallets!

The first Graphene Developers Conference has been announced and will hit Shanghai on the 20th of January 2018. Bitcrab (Core member of the Chinese community) has generously organised and sponsored the event. Find more information HERE

@tsugimoto has published a collection of BitShares Documentation (Development Guide, FAQs, Tutorials, Integration Guide, Blockchain Interaction, Network and Wallet Configuration, and other reading materials). This is a great resource for anyone looking to dig deeper into the Bitshares platform. You can find the post HERE

@taconator has released his monthly 'Fees collected on the BitShares blockchain' report for the month of November 2017. This month has seen 1.41 Million BTS from 12.1 million Operations within 5.13 million transaction. Asset creation has taken the lead accounting for 73% of fee's paid. Full details HERE

@full-steem-ahead has released a introduction to Python-Bitshares for any developers or anyone looking to interact with the Bitshares network via Python. You can find the very insightful article HERE

George Harrap (CEO and Co-Found of Bitspark) has released a post on medium titled '2018 The Year of The DEX'. The article explains what a Decentralized exchange is, some history, counterparty free smartcoins, gateways and atomic swaps. The article concludes with with George's views on what would make a successful DEX and he highlights Bitshares as the only systems that meet his criteria. You can read the full article HERE

The Billion hero prize money reached its first milestone this week in which the value reached 2 Million USD (initially 1 Million USD was set aside for the prize money for the Billion Hero Challenge). For more details you can view @stan's post HERE

Current registered wallets/accounts within the Bitshares network is 541023; an increase of 14369 wallets/accounts since last week

The last asset registered this week is asset #2661 and it is named 'UGAME’ registered by ‘xin-shan' with the description ‘UGAME'.

Smartcoin issuance chart showing weekly change since the start of 2017

of Accounts holding BTS (only have a few weeks of data so far)

% of BTS circulating supply held as collateral backing of Smartcoins

Quantity of Transaction and Operations - source

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 2,606,051,701 412,115.00 0.02%
BTS Stealth 287,457 -8.00 0.00%
BTS in Open Orders (DEX - T250) 5248387 1,386,093.17 23.08%
Reserve Pool 994,521,557 -414,615.00 -0.04%
RP Accumulated fees 37,489 88.00 0.15%
Collateral (top 250) backing Smartcoins 493314489 16,412,628.00 3.40%
Top 100 Total 1,088,642,632 -22,207,033.00 -2.01%
Top 100 - minus Exchanges 428,334,470 -29,778,374.00 -6.69%
Exchanges 660,308,162 7,571,341.00 1.15%
Non Exchanges 1,945,743,539 -7,159,226.00 -0.37%
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
BTC 0.00003662 0.55417877 56,068,099.77 31,071,750.78 68% -66.4%
USDT 0.6236 0.62 22,219,034.00 13,872,069.46 26.9% -44.3%
ETH 0.00073994 0.55136947 4,120,809.61 2,272,088.61 5.0% -73.4%
BNB 0.07537 0.54831956 274,907 150,736.94 0.3% -82.0%
Worker Proposals
This section will identify the current approved and pending worker proposals

Active Worker:
Alfredo Garcia - Core Development for Second half of 2017
201708-bitsharesui
Abit - Core Developer - 201712~201803
2017-12-blockchainacademy
Joint Marketing Campaign of Exchanges WP
201710-spokesperson
BitShares Greater China Representative
Refund400k
Proposed Worker
Crypto-Solutions
DEXBot - User Friendly BitShares Market Making Software
201801-budget-chinese-translations
201712-infrastructure
201710-compliance
Soledger - Vikram/Agent86 - Project administration & essential maintenance
Fund to pay dividend