Bitshares - State of the Network - 13th March 2018

in #bitshares3 years ago

Welcome to the 77th 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 March 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.

  • is about to get a facelift. As reported by @Stan Larimer, has been entrusted with the ownership of of the website and update content is set to go live any day now. You can see the full post for more details HERE

  • An Exchange based in India, has listed BTS as a trading pair against INR (Indian Rupee)

  • @blocktivity has announced the introducation of TWENTIX. Twentix has been designed to be worth 1/100,000th of 1 BTWTY as a result of the original BTWTY token increasing in value dramatically over the last year, 1 BTWTY is currently worth $145,000 USD. TWENTIX allow traders to speculate with a more flexible coin. more information can be found HERE

  • In their latest monthly witness report RuDEX team announced the deployment of the first public API node in Moscow, which allows for low latency experience for Russian users.

  • @scorer has updated his 'style' plugin for BTS.AI. The style removes spacing from market page so that it fits into full screen without scrolling and also adds some colors for identifying bots and human traders. This week he has made some updates to the style as well as added some new bots he has found trading. Full details HERE

  • 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 802712; an increase of 11317 wallets/accounts since last week

Smartcoin issuance chart showing weekly change since the start of 2017

Number of accounts holding BTS (off exchanges)

TWENTIX - Top 20 Crypto currency index fund - source

BTS.AI market activity monitor - source

Beyond Bitcoin - Bitshares Talk - 10th March 2018 - 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 Supply2,610,690,895 688,561.000.03%
BTS Stealth287,724-0.00%
BTS in Open Orders (DEX - T250)7586376 -5,456,843.00-41.84%
Reserve Pool989882259 -688,561.00-0.07%
RP Accumulated fees37401-0.00%
Collateral (top 250) backing Smartcoins406059651 -20,059,899.00-4.71%
Top 100 Total1,457,427,664 -31,304,832.53-2.10%
Top 100 - minus Exchanges671,695,220 -44,155,744.53-6.17%
Exchanges785,732,444 12,850,912.001.66%
Non Exchanges1,824,958,451 -12,162,351.00-0.66%

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

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


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

AssetSupplyPriceMarket Cap BTSMarket Cap USDSupply Change W/W
BTS2,610,690,8950.167436,488,146$436,488,146.32 0.026%
BTS Stealth287,7240.16748,105$48,105.320.000%
Reserve Pool989,882,2590.167165,500,969$165,500,968.78 -0.070%
Accumulated fees37,4010.1676,253$6,253.170.000%
BitUSD13,881,3296.0383,704,414$13,994,756.91 -5.556%
BitCNY177,526,1570.953169,182,428$28,286,046.56 -21.779%
BitEUR123,3867.47921,693$154,100.30 -1.803%
BitGold189.57,9511,506,715$251,911.48 -2.320%
BitSilver21,80999.82,176,538$363,901.04 -0.629%
Ruble4,235,0410.106448,914$75,055.15 -25.399%
HERO1,3029821,278,564$213,766.41 0.308%

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

Vote Proxies

This section will track the change in proxy voting

AccountOpinionsFollowersWeight (M)Weight Change (M)
bitcrab7192152.7 -34
xeroc50214150.2 -0.1
openledger479183144.4 -4.2
michaelx5811685.1 -1
blckchnd45157047.3 -0.1
still12134345.7 -16
fav4316627.6 0.5
abit6775426.5 0.9
baozi306120.3 6
payger21911.4 -0.7

Committee Members

This section will track shareholder approval of committee members

AccountVotes (M)Votes Change (M)
bitcrab743.5 -50.6
abit689.6 -141.4
bhuz680.6 46.3
xeroc507.6 -30.9
openledgerdc486.3 -50.8
witness.still463.7 -136.1
bunkerchainlabs-com462.1 -112.7
ebit448.8 -138.4
clockwork435.9 -29.5
fav419.5 -7
chris4210369.4 -49.2

Active Witnesses

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

RankWitnessVotesMissedMissed W/W
1in.abit 1.6.35 827.77293
2bhuz 1.6.17 754.715993
3roelandp 1.6.74 748.6521
4 witness.still 1.6.69 729.292684
5witness.yao 1.6.71 719.935731
6 delegate-1.lafona 1.6.28 718.244274
7 delegate-zhaomu 1.6.98 71662511
8 xeldal 1.6.22 709.922992
9 xn-delegate 1.6.59 700.728684
10abc123 1.6.65 627.813184
11 verbaltech2 1.6.34 601.539624
12 xman 1.6.64 599.917004
13 fox 1.6.16 57041605
14 rnglab 1.6.45 569.321264
15 sahkan-bitshares 1.6.73 567.212688
16 delegate.freedom 1.6.63 530.849004
17 elmato 1.6.20 527.543522
18 crazybit 1.6.84 522.252610
19 blckchnd 1.6.75 4509611
20 openledger-dc 1.6.76 446.76611
21 witness.hiblockchain 1.6.105 445.6172
22 wackou 1.6.18 436.71882
23 winex.witness 1.6.101 390.1622
24 billbutler-witness 1.6.92 381.8478
25 delegate.taolje 1.6.38 358.54771

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 %
3bitcc-bts-cold100,250,9901,500,010.00 1.52%
5binance-bitshares-gvbdb84k6h72,330,821-2,938,259.00 -3.90%
6gamma-rabbit59,553,745-4,268,835.65 -6.69%
7delta-lion51,086,309-24,047,823.79 -32.01%
8zbbts43,857,92014,526,393.00 49.52%
9alpha-dog31,107,899-5,687,422.00 -15.46%
10bittrex-deposit23,193,971-112,077.00 -0.48%
11ranchorelaxo201721,769,7751.00 0.00%
13gate-io-bts17,951,8372,674,475.00 17.51%
17a2dcdf323a8a576408f62604b17a8a5212,579,058-233,664.00 -1.82%
20yun-bts10,962,743-125,155.00 -1.13%
21ld63643310,660,170-2,259,856.85 -17.49%
23graphene201510,629,742795,490.00 8.09%
24aloha9,831,200-1,995,626.90 -16.87%
27echocold19,097,651-2,000,000.00 -18.02%
28onceuponatime8,708,986289,493.00 3.44%
30bts-subscribe8,546,192-137,115.00 -1.58%
32mr-wang8,006,959150,000.00 1.91%
37denkhaus7,298,849285,688.00 4.07%
39enki7,035,45097,485.90 1.41%
44aleks6,424,7703,371,052.04 110.39%
46abc.btsbots6,025,9405,025,940.00 502.59%
47yoyow.team6,000,003-2,876,481.03 -32.41%
49bristolbay5,800,828-76,236.66 -1.30%
59rvrts4,967,881-0.31 0.00%
60bitcoinindonesia4,918,388-57,562.00 -1.16%
67ptschina4,102,503-11,939.00 -0.29%
77lyh-20123,475,60834,859.00 1.01%
78sony-bot3,381,6562,381,656.00 238.17%
80livecoin-net3,313,442-62,424.00 -1.85%
81cylonmaker20533,274,674139,171.00 4.44%
83btsbank-alpha3,242,197-6,557,815.56 -66.92%
88babydragon3,111,464120,245.00 4.02%
91ev-ev3,032,5672,032,567.00 203.26%
96y-1232,898,968-333,681.00 -10.32%
98teiva2,830,650674.00 0.02%
100ak-9992,789,652-675,391.42 -19.49%

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, in the 'BitsharesDEX' Telegram group or every Friday in the the BeyondBitcoin Hangouts.

I hope you enjoyed this report! :)

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Thank you for keeping interested Steemians up to date regarding Bitshares @steempower.

Looking forward to the new look of the site.

In trying to buy the lifetime membership.....I am not doing something right as it will not allow a change of name......for example it reads.....openledger and when I try to submit a different name it takes me to openledger's account at openledger. Do you have any suggestions?

All the best.


@steempower thanks for continuously posting about the Bitshares state of the network. Tryuly thanks to this. I love these updates. It's a great way to keep track of all the great things happening in and around BitShares. The nature of being decentralized can be an issue, but this weekly review is just what the community needs to keep everyone on the same sheet of music.

I need to reread everything again but great info and graphs demonstrating the ebbs and flows of the market.

Fun fact about Steemit:

This post has been read 1,166,248 times with 326.9K shares on Facebook and has earned only 0.46 SBD.

whoa @adisrivastav that's crazy!!! I have to fact check that! Would you sell your body before dying so that your family could have 30k Euros??

Also, why is that all the post has earned? That blows my mind!!! Literally, have never seen a steemit post with that many views. I guess because the majority of people who saw it never signed up to steemit and voted?

Also, yep I love these BitShares posts too. I finally got brave enough to post one.

I agree, great graphs @steempower !!

I guess because the majority of people who saw it never signed up to steemit and voted?

Indeed that's the reason.
I was too blown away by the numbers of time it was shared on Facebook, it shows Steemit's potential to make post go viral on other social media websites too. Since Steemit has 7 day limit to reward payout that post is not going to make any money but it gives me hope to make huge amount of money on Steemit beside commuinty payouts. Might be affiliate links can be added in such posts later to gain some profit.

True! Very good point! Too bad that post can't get payouts past 7 days... I'm curious what it would be lol

Coins mentioned in post:

CoinPrice (USD)📉 24h📉 7d

thank you for sharing follow you and vote.

I would say detailed working on Bitshares, keep the things up dear.

I just joined BitShares last week: thabiggdogg69 I really enjoy using it. More people need to join it. It's fast, many different shares to purchase, & you can deposit from your steemit account. I will be a life member as soon as I can get enough saved up to join.

Thanks for your report it is so detailed and informative.

@steempower Can we translate articles for Bitshare State of the Network into mandarin?

You've got more to post. I can't wait to see that.

Really great informative post. i like it.

In the beginning I was enthusiastic. Now I think this is all madness

Thanks from @mrstaf, Looks great....

Thanks for the great informative post.

wow great work

@steempower your reports are greatly appreciated! If I may request that you include a list with the collateral positions of the major 5-6 people in usd and cny so we can see how much collateral and ratio is held for these positions. This info was in cryptofresh before but has been removed for unkown reasons.

Thanks for the update! Waiting for BTS to moon.

ohh thank you for inf interesting blogs and posting follow now

Love this blog so much ......

Wow!great information
thanks for sharing

nice [email protected] it is so nice news

Congratulations @steempower, this post is the eighth 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 42 and the total pending payments to posts in these categories was $2424.11. 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.

Hey, I just ranked all the Bitshares assets in a google sheet. It basically identifies -all or most of the scams. As a public service, I want to get the list out there. Check it.

I have read all your posts using Google translation, but I really do not understand about the trend, I am sorry ..
I am also very grateful for your support and kindness until now ..
May you always succeed

Thank you for keeping us informed and updated and for commenting on Bitshares @steempower

It'll be interesting to see the transition with Looking forward to seeing them progress with the Bitshares platform.