Bitshares - State of the Network - 13th February 2018

in bitshares •  3 months ago


Welcome to the 73rd 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 - 13th February 2018

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.

  • BITFARM, The first Bitshares based simulation game is about to launch. Bits.Farm is a farming simulation game that runs entirely on the Bitshares network. There is no ICO, no crowdsale only a free airdrop. Claim your FREE BitFarm tokens HERE all you need is a Bitshares account and access to telegram!. Official announcement HERE

  • Bojan Tomić and Domagoj Poljak have held a Bitshares workshop at Effectus University College for Law and Finance in Zagreb, Croatia. The Workshop was organized through the ongoing project of expanding BitShares towards Eastern Europe and The Balkans, initially through @apasia.tech presence to establish BitShares Slovenia. Full details HERE

  • The Bitcoin Latina team may have introduced ‘Bitcoin Latina’ a Bitshares UIA ‘BCL’. BCL has been said to capture the best of Bitcoin (mining creation mechanism), Ethereum (initial release mechanism) and BitShares (operational real time performance). Bitcoin Latina are also kindly airdropping 10 BCL tokens to all Bitshares holders on the 14th of February. You can get more information about Bitcoin Latina and the reasons they chose Bitshares as their backbone HERE

  • CryptoBridge (A Exchange platform operating on the Bitshares network) has announced that they have added 6 new members to the team. New additions to the team include 2 mobile developers, 2 backend developers, frontend developer and a manager. The platform has had an explosive entry into the space and has an ambitious roadmap (including Multi signature federated gateway network/protocol, decentralized margin and bond markets). They have also announced an updated/revised roadmap will be released in March 2018. Find more information HERE

  • The Bitshares Blockchain Foundation has announced new email addresses to support workers and improve communications and processes. Separate email accounts have been setup for new and existing workers, invoices and reports. Any current or future workers should see the official announcement and use these new addresses for all future communications with the BBF. You can find the full details HERE

  • This week CryptoBridge have distributed the equivalent 11.8286 BTC or approximately $119,066.68 USD in staking rewards to holders on the Bitshares UIA Bridge.BCO (Staking required locking the token to the network in order to receive a share of trading commissions on the platform). This month has seen 5564 users staking the token and looking month on month there is no trouble seeing their platform is growing from strength to strength. This can also be observed in trading volume of the Bridge.*** assets on the DEX which are increasingly visible within the Most active DEX pairs. More information HERE

  • This week has seen a 47.52% increase in BTS committed to Open orders on the Bitshares DEX. Open orders are akin to Market Makers who are providing liquidity to the Bitshares DEX either from open buy or sell orders.

  • From this week forward the Top 100 table in the data below contains BTS holdings, Open orders and BTS as collateral. The new addition here is BTS as collateral which was not reported in my previous reports. I have updated the reference data so that %Change does include last week’s total including BTS as collateral which should give an accurate % change of overall BTS holdings per account. This change was requested by @funcrypto last week and after a community poll it was agreed that including the collateral will help give a more accurate picture of the top accounts on the network.

  • The Beyond Bitcoin Bitshares weekly hangouts have now moved to the Discord platform. You can join the Bitshares Discord HERE and also catch the latest hangouts streamed live on youtube HERE

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

  • Current registered wallets/accounts within the Bitshares network is 739324; an increase of 29287 wallets/accounts since last week

Smartcoin issuance chart showing weekly change since the start of 2017

Number of accounts holding BTS (off exchanges)

Bits.Farm - The First Bitshares based game - Claim your Free Tokens HERE

Bitcoin Latina launching on Bitshares

BitShares in The Balkans: University Workshop in Zagreb, Croatia - 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.

DistributionBalanceChange W/WChange W/W %
BTS Supply2,608,654,672 491,076.000.02%
BTS Stealth287,492-0.00%
BTS in Open Orders (DEX - T250)12512984 4,030,546.0047.52%
Reserve Pool991918482 -491,076.00-0.05%
RP Accumulated fees37401-0.00%
Collateral (top 250) backing Smartcoins428731283 14,360,348.003.47%
Top 100 Total1,448,920,334 282,270,913.3324.20%
Top 100 - minus Exchanges705,592,078 289,702,207.3369.66%
Exchanges743,328,256 -7,431,294.00-0.99%
Non Exchanges1,865,326,416 7,922,370.000.43%

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
USDT0.234674270.2346835125,846,995.926,065,863.8048.99-79.2%
BTC0.00002740.2322,575,024.715,256,586.9342.8%-62.7%
BITCNY1.450.233538062,132,315.11497,976.734.0%-83.5%
ETH0.000279510.232779742,030,474472,653.303.8%-70.3%

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, Bridge.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
BTS2,608,654,6720.2342,608,654,672$609,839,393.75 0.019%
BTS Stealth287,4920.234287,492$67,208.570.000%
Reserve Pool991,918,4820.234991,918,482$231,886,179.57 -0.049%
Accumulated fees37,4010.23437,401$8,743.440.000%
BitUSD14,676,9624.2562,377,089$14,582,231.31 -8.383%
BitCNY214,187,1820.667142,862,850$33,397,825.71 5.216%
BitEUR132,5835.23693,409$162,102.02 -0.753%
BitBTC4236,3801,527,960$357,199.52 -11.950%
BitGold1945,6341,092,996$255,515.620.000%
BitSilver21,947701,536,290$359,146.87 -0.005%
Ruble9,989,7060.0735734,243$171,648.07 -20.689%
HERO1,300680884,000$206,657.49 -26.802%

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
btsabc569036
bitshares-munich546012
bituniverse4184108
compumatrix125722
digital-nomad244622
sdr23801
jianjolly-017430
cryptofresh171930
magicw159430
bcp201711885
stormheart11460
estefantt106812
by24seven99423

Vote Proxies

This section will track the change in proxy voting

AccountOpinionsFollowersWeight (M)Weight Change (M)
bitcrab6987169.4 -7.5
xeroc41209156.6 -3.8
openledger368786147 0.1
michaelx5210177.3 -1.2
still8535465.2 -0.6
blckchnd32154148.6 -5.1
abit5074926.10
fav3215526 -0.3
baozi306122.4 -1.6
payger20612.10

Committee Members

This section will track shareholder approval of committee members

AccountVotes (M)Votes Change (M)
bitcrab943.6 63.2
abit932.2 66.1
bhuz820.6 52.1
xeroc800.6 56.2
openledgerdc716.9 70.6
bunkerchainlabs-com702.8 62.2
witness.still695.8 72.1
clayop626.9 65.2
ebit561.3 86
chris4210552.6 89.4
fav412.8 -9.7

Active Witnesses

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

RankWitnessVotesMissedMissed W/W
1in.abit 1.6.35 876.27181
2bhuz 1.6.17 782.415842
3roelandp 1.6.74 778.9371
4witness.yao 1.6.71 771.335651
5witness.still 1.6.69 764.592226
6xn-delegate 1.6.59 750.528567
7delegate-1.lafona 1.6.28 697.144071
8xeldal 1.6.22 685.722774
9delegate-zhaomu 1.6.98 684.2215
10abc123 1.6.65 668.912948
11xman 1.6.64 643.116785
12verbaltech2 1.6.34 610.13909
13rnglab 1.6.45 596.721067
14 sahkan-bitshares 1.6.73 580.511992
15 fox 1.6.16 575.7366640
16 delegate.freedom 1.6.63 575.548822
17 crazybit 1.6.84 566.64802
18 elmato 1.6.20 547.543333
19 openledger-dc 1.6.76 540.76485
20 blckchnd 1.6.75 452.89592
21 wackou 1.6.18 427.8187312
22 witness.hiblockchain 1.6.105 405.30
23 billbutler-witness 1.6.92 387.64781
24winex.witness 1.6.101 387.21
25delegate.taolje 1.6.38 387.14771

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

RankAccountTotal BTSChange W/WChange W/W %
1poloniexcoldstorage230,001,204-0.00%
2binance-cold-1114,787,664-0.00%
3binance-bitshares-gvbdb84k6h78,559,302489,146.00 0.63%
4zbbts78,059,9517,622,221.00 10.82%
5delta-lion72,833,164-2,179,920.37 -2.91%
6gamma-rabbit63,822,581-11,600,592.13 -15.38%
7poloniexwallet60,738,160-20,899,974.00 -25.60%
8zbchubei0160,000,090-0.00%
9bitcc-bts-cold46,750,9705,610,658.00 13.64%
10bittrex-deposit24,466,477-181,732.00 -0.74%
11ranchorelaxo201721,769,7744,791,489.00 28.22%
12alpha-dog20,203,3065,527,821.35 37.67%
13abit20,081,511-0.00%
14btschbtc17,000,984-0.00%
15stan15,470,955-0.00%
16a2dcdf323a8a576408f62604b17a...15,315,859-718,064.00 -4.48%
17jubi-bts14,591,906-0.00%
18the-ae12,764,3067,235,250.00 130.86%
19ld63643312,462,6094,155,578.41 50.02%
20alexna6412,143,695-0.00%
21aloha11,829,826-2,281,789.00 -16.17%
22yun-bts11,321,340-71,613.00 -0.63%
23echocold111,097,651-0.00%
24anonymous11,063,77478,217.00 0.71%
25evan10,659,692-0.00%
26gate-io-bts10,437,5729,437,572.00 943.76%
27getch-bts9,535,172-0.00%
28graphene20159,258,79431,530.00 0.34%
29virtual-ventures9,153,485-0.00%
30yoyow.team8,876,484-0.00%
31onceuponatime8,822,647-283,519.00 -3.11%
32ibilitlan-scoltock8,673,958-0.00%
33bts-subscribe8,275,316-49,106.00 -0.59%
34roje8,040,409-0.00%
35cievia-waugaman7,990,214-0.00%
36mr-wang7,856,959-0.00%
37invictus7,494,364-0.00%
38jiny27,438,984-0.00%
39haeassa-granovsky7,431,931-0.00%
40btercom7,050,208-0.00%
41abc.btsbots7,025,540-2,000,000.00 -22.16%
42tel-9117,000,020-0.00%
43cass6,737,585-0.00%
44denkhaus6,715,773-1,585,710.00 -19.10%
45abinia-rivard6,550,563-0.00%
46enki6,512,9541,856,805.00 39.88%
47keebler-kahn6,500,770-0.00%
48tyrone-shoelaces6,498,541-0.00%
49tsuratsura-35576,390,852-0.00%
50adidas.com6,376,034376,034.05 6.27%
51bts-morning5,899,220-0.00%
52btsbank-alpha5,892,07613.40 0.00%
53bristolbay5,870,124-63,380.00 -1.07%
54fericia-brick5,766,623-0.00%
55btszhqxf5,734,712-0.00%
56spring5,560,779-0.00%
57storj5,548,173447.00 0.01%
58hnnr85,460,998-0.00%
59cadord-ozois5,423,173-0.00%
60xhunter5,192,094-0.00%
61jeraud-kanze5,172,698-0.00%
62arbor45,008,537-0.00%
63rvrts4,963,633-0.00%
64bitcoinindonesia4,915,161429,369.00 9.57%
65linhan4,824,288194.00 0.00%
66brother-john4,812,086-187,924.00 -3.76%
67geravia-mackinnon4,777,691-0.00%
68bettersbts4,664,4171,106,255.28 31.09%
69xgqing4,351,903-0.00%
70btsxzzh24,348,432-0.00%
71seer4,213,794350,000.00 9.06%
72ptschina4,114,442-25.00 0.00%
73quonael-lievesley4,087,235-0.00%
74bts19984,000,0231,676,471.07 72.15%
75coldstorage14,000,000-0.00%
76oh-bts4,000,000-0.00%
77super-bts3,999,990-0.00%
78slim3,939,098-0.00%
79wesley-waugaman3,921,027-0.00%
80ifly3,904,9172,904,917.00 290.49%
81serg3,867,349-0.00%
82goodc0re3,778,712-0.00%
83backup.yao3,626,7621,626,761.52 81.34%
84peak-yannie3,333,3342,333,334.00 233.33%
85rit-capital-partners3,306,194-329,961.98 -9.07%
86y-1233,232,649147,619.62 4.79%
87bafohald-degeorge3,189,866-0.00%
88scottmclane3,177,116-0.00%
89livecoin-net3,164,344265,322.00 9.15%
90bilbo-baggins3,151,030-0.00%
91lao-wallet3,140,242-0.00%
92cylonmaker20533,135,503-0.00%
93lyh-20123,121,901181,658.00 6.18%
94aleks3,052,476-2,637,099.64 -46.35%
95makkiavelli19773,036,928137,119.00 4.73%
96null-account3,011,947-0.00%
97mcxcwbts3,000,686-0.00%
98billion-hero-prize3,000,000-0.00%
99roland.sun2,923,130-0.00%
100jackkang2,860,941-0.00%

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! :)

New to Bitshares? Need an Account?

Please support my efforts by using the banner below to create your account.

Best part is at anytime in the future If you decide to buy an LTM (Lifetime membership - which gives you an 80% reduction in fees and other premium features) i will rebate 10% of your membership costs in BTS.

  • Just use the banner above to create your account
  • Enroll as a Life Time Member
  • Leave your username in the comments on the latest BSotN report or join us on BitsharesDEX telegram chat.
Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  Trending

Thank you for posting @steempower.

Would you be so kind as to advise to whom bleujay should speak.....concerning the inability to receive the Freeros offered....even though I have followed all the given instructions......and now these free drop coins...offered by email.....and through telegram.....have not received.

Appreciate your reporting about Bitshares.

Cheers.

·

Hi bleujay, i have not gone aboit claiming my own freeros yet so i cannot comment if this is a common issue but i will try and go through the motions in the next 24 hours and see if i have the same problem.

@stan and @michaelx would be good resources and i will reach out to them personally if it is a common issue or i need some assistance that i can share with you

·
·

Thank you for your reply @steempower.

Appreciate the information........very kind of you.

Cheers.

This :D

Hoping to do introduce BitShares in Prague soon...

·

I heard in one interview that bitshares become more 'powerful' longer you hold them. Can someone explain this, or am I just incorrect?

·
·

If that would be true... Look at onchainfx.com and sort on % of ATH.

·
·
·

I think it was something about voting power rather than nominal value, but I really don't know

Nice post @steempower.
You have created a shipment that provides descriptive information. At this point you are trying to help people by providing detailed information about the crypto money.
Thanks @steempower

·

Hey great post dear @steempower

Interesting post must check.
Top 70 cryptocurrencies with buying and target points

https://steemit.com/bitcoin/@salahuddin2004/top-70-cryptocurrencies-buying-points-target-points

The bitshares - based game looks interesting. A gamer (I guess there are many in crypto world) can earn some BTS while playing :) That is nice.

·

I don't think you will earn BTS...it's SEED from what I understand.

·
·

Its a pyramid refferal marketing scheme. Stupid

Interesting news

your post it is amazing, I really like your post because very fantastic @steempower

great post and helpful information too..Thanks @steempower

You deserve valentine gift.

Pe.gif

This type of information is useful for the people who are thinking of investing in bitcoins, this data is worth millions

"This week has seen a 47.52% increase in BTS committed to Open orders on the Bitshares DEX."

Whaaaaaaaaaat!!?? Whaaaaaaaaaaaat?!?! I knew I had been putting some orders up, but 47.52% increase in open orders? Sweet!

Thanks @steempower. There is so much info here. It takes a while to process suit all. I love to see how many new accounts are created each week. Very important to see the growth of the network. Metcalf's law will make the price of BTS grow exponentially!

Registered with your referral link for Bits.Farm ! thanks @steempower

I will learn bit by bit, how to trade crypto, this is good information from you, I will also try to read more about Bitcoin Latina (BCL) I also say thank you very much for your support and also your kindness @steempower

Very informative post. I will definite check this out. Seriously want to try the game.

Wow....!!!!!! That's wonderfully explained in very detailed and simple manner
i enjoy to read your post and i interested of your explanation...........!!!
Keep it up....................!!!!!!

Congratulations @steempower, this post is the seventh most rewarded post (based on pending payouts) in the last 12 hours written by a Superhero or Legend account holder (accounts hold greater than 100 Mega Vests). The total number of posts by Superhero and Legend account holders during this period was 51 and the total pending payments to posts in these categories was $4955.48. To see the full list of highest paid posts across all accounts categories, click here.

If you do not wish to receive these messages in future, please reply stop to this comment.

Cool to see the little change in the statistics! Thanks!

To me it makes it more visible who the power brokers are.
For instance I'm quite sure delta-lion, gamma-rabbit and alpha-dog is the same person with more than 150 million bts combined after all the margin calls.

So it seems like there has been quite a shift in top holders lately.

So nice you listen to comments. I think it's a bit more transparent now with the new numbers, who really has the voting power.

Keep up the good work!

HELLO FRIEND. THANKS FOR SO VALUABLE INFORMATION AND VERY COMPLETE, GREETINGS AND THAT FOLLOW YOUR SUCCESS

I resteem your post @steempower
Thank to vote mee

·

Leaving comments asking for votes, follows, or other self promotional messages could be seen as spam.

Your Reputation Could be a Tasty Snack with the Wrong Comment!

Thank You! ⚜

Bitshares is great although latency lately is horor, but whenever someone starts with the refferal affiliate marketing business things start to smell fishy and i stay clear.

Why I can't open my account using your link? The same if I try directly via bitshares.org. In the middle of the page appear some bubbles seemingly processing something, but nothing happens. What is wrong, or mayby it is on my side?

Am interested in the bitshare already