Bitshares - State of the Network - 15th May 2018

in bitshares •  5 months ago


Welcome to the 83rd 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 - 15th May 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.

  • @fox has announced the release of testnet 2.0.180510 this week. This new testnet version has a hardfork flag date coded for Saturday, 19 May 2018 13:58:00 UTC. This new release includes 12 BSIPs, 6 consensus impacting bug fixes and many additional enhancements which are detailed HERE. You can also join the discussion on the testnet thread on the Bitshares Talk Forum

  • This week within a single 24hr period, BitShares mainnet broke is old record by processing 1,598,882 transactions, which averages to roughly 18.5 transactions per second (TPS). Currently, the BitShares blockchain ranks second behind Steem, which holds the record for 2,068,341 transactions within 24 hours (23.9 TPS).

  • A new version of the Bitshares reference wallet has been released this week. Bitshares-UI Version 2.0.180512 has been released this week. This update contains some new features and some bug fixes. Find the change log and download for the new wallet HERE

  • @Stan Larimer and @Michaelx Taggart have been working with Sean Worthington the founder of Cloudcoin in relation to synergies between Cloudcoin and the Bitshares blockchain. Checkout the interview between Connie, Stan and Sean HERE

  • @steempowerpics has dug into the archive this week and presented a Beyond Bitcoin session hosted by @officialfuzzy with @Dan Larimer as the guest speaker; This audio is from 4 years ago (May 3rd 2014) when the launch of the Bitshares XT blockchain testnet was just getting started. For those that don't know these early hangouts Dan Larimer would give weekly updates to the community in a town hall style discussion that would allow for anyone to connect up and ask questions related to the project. Find the first youtube video in his historical series HERE.

  • @Michaelx has published 'The Definitive Quintric FAQ: The Legal Tender Blockchain Based Monetary System'. You can find the guide 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 927202; an increase of 17686 wallets/accounts since last week

Smartcoin issuance chart showing weekly change since the start of 2017

Number of accounts holding BTS (off exchanges)

Beyond Bitcoin - Bitshares Talk - 12th May 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 Supply2,624,618,009 1,801,476.000.07%
BTS Stealth285,070 5.000.00%
BTS in Open Orders (DEX - T250)11121799 842,201.608.19%
Reserve Pool975955145 -1,801,476.00-0.18%
RP Accumulated fees37401-0.00%
Collateral (top 250) backing Smartcoins384589601 -3,255,127.00-0.84%
Top 100 Total1,481,759,109 7,203,181.370.49%
Top 100 - minus Exchanges666,579,948 8,486,231.371.29%
Exchanges815,179,161 -1,283,050.00-0.16%
Non Exchanges1,809,438,848 3,084,526.000.17%

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
BTC0.000030330.2656905326,256,421.066,976,082.3848.135.8%
USDT0.266093840.2723,911,521.366,362,004.5443.8%42.4%
ETH0.000365330.266922213,782,135.271,009,535.926.9%12.4%
BITCNY1.730.28061448283,10879,444.290.5%-7.7%

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.RAP and Bridge.BTC

Smartcoins

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

AssetSupplyPriceMarket Cap BTSMarket Cap USDSupply Change W/W
BTS2,624,618,0090.266698,209,780$698,209,780.21 0.069%
BTS Stealth285,0700.26675,835$75,835.29 0.002%
Reserve Pool975,955,1450.266259,626,896$259,626,896.16 -0.184%
Accumulated fees37,4010.2669,950$9,949.540.000%
BitUSD13,887,1503.7552,076,813$13,853,650.20 -8.844%
BitCNY234,824,9310.589138,311,884$36,794,196.35 -10.585%
BitEUR110,6154.47494,449$131,535.01 -7.230%
BitBTC51.832,9381,706,188$453,886.02 1.370%
BitGold189.54,915931,393$247,772.190.000%
BitSilver21,76761.81,345,201$357,854.82 -0.069%
Ruble7,818,5530.0607474,586$126,251.02 -2.690%
HERO995610606,950$161,462.900.000%

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
btsabc600513
bitshares-munich55374
bituniverse493130
compumatrix125820
digital-nomad25000
sdr23850
cryptofresh213439
jianjolly-017430
magicw16887
by24seven126515
superone12112
bcp201712010
estefantt11764

Vote Proxies

This section will track the change in proxy voting

AccountOpinionsFollowersWeight (M)Weight Change (M)
bitcrab90115158.7 13.2
xeroc61210136.8 -0.1
openledger5610768122.3 -17.1
michaelx5811877.3 -3.1
still13033239.9 -3
bitshareseurope045435.1 23.3
blckchnd59158034.2 -3
abit7173926.5 0.5
fav4016823.7 0.1
blockchain-bv0311.5 0.1

Active Witnesses

This section will track top 30 active witnesses and the changes in support

RankWitnessVotesMissedMissed W/W
1in.abit 1.6.35 764.67521
2 bhuz 1.6.17 732.917258
3 roelandp 1.6.74 729.3888
4 verbaltech2 1.6.34 728.740314
5abc123 1.6.65 71813706
6fox 1.6.16 714.745497
7witness.yao 1.6.71 70936122
8witness.still 1.6.69 706.393273
9sahkan-bitshares 1.6.73 699.513604
10delegate-1.lafona 1.6.28 694.644694
11 xn-delegate 1.6.59 69329094
12 xman 1.6.64 692.617696
13 xeldal 1.6.22 690.224931
14crazybit 1.6.84 648.565412
15delegate.freedom 1.6.63 628.84937
16delegate-zhaomu 1.6.98 624.4665
17openledger-dc 1.6.76 623.574734
18magicwallet.witness 1.6.110 588.6513
19 rnglab 1.6.45 577.4222136
20 elmato 1.6.20 576.444044
21 witness.hiblockchain 1.6.105 565602535
22blckchnd 1.6.75 558.59812
23gdex-witness 1.6.120 515.4257
24winex.witness 1.6.101 501.27248
25clockwork 1.6.117 467.82312
26delegate.ihashfury 1.6.26 444.4870
27mr.agsexplorer 1.6.24 362771861
28delegate.taolje 1.6.38 3494771
29 delegate-clayop 1.6.27 337.95200
30 spectral 1.6.30 337.22208

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 %
1poloniexwallet232,320,499-2,777,207.00 -1.18%
2bitkkchubei002161,192,406-0.00%
3bitcc-bts-cold119,026,104-1,909,101.00 -1.58%
4binance-cold-1114,787,664-0.00%
5gamma-rabbit61,197,392-0.10 0.00%
6binance-bitshares-gvbdb84k6h52,988,538-19,653,984.00 -27.06%
7alpha-dog50,254,6389,878,734.18 24.47%
8huobi-withdrawal43,906,1473,729,649.00 9.28%
9binance-bts-127,343,56523,285,555.00 573.82%
10delta-lion22,651,4700.31 0.00%
11ranchorelaxo201721,769,775-0.00%
12gate-bts-off00121,324,213-0.00%
13test-changekey20,163,274-0.00%
14abit20,110,507-0.00%
15bittrex-deposit17,896,304-379,318.00 -2.08%
16stan14,791,943-50,000.00 -0.34%
17jubi-bts14,591,906-0.00%
18zbbts00114,316,7748,011,158.00 127.05%
19a2dcdf323a8a576408f62604b17a8a5212,902,457-125,880.00 -0.97%
20alexna6412,143,695-0.00%
21anonymous11,212,516-0.00%
22yun-bts10,962,75411.00 0.00%
23evan10,659,692-0.00%
24committee-cnytrader9,887,033-0.00%
25enki9,827,8911,018,932.00 11.57%
26getch-bts9,535,172-0.00%
27brother-john9,312,086-0.00%
28virtual-ventures9,153,485-0.00%
29echocold19,097,651-0.00%
30ibilitlan-scoltock8,673,958-0.00%
31mr-wang8,156,959-0.00%
32graphene20158,130,428-0.00%
33roje8,040,409-0.00%
34bts-subscribe7,999,005-0.00%
35cievia-waugaman7,990,214-0.00%
36onceuponatime7,792,06916,134.00 0.21%
37invictus7,494,364-0.00%
38jiny27,438,984-0.00%
39haeassa-granovsky7,431,931-0.00%
40cass6,737,585-0.00%
41tyrone-shoelaces6,615,913-0.00%
42abinia-rivard6,550,563-0.00%
43keebler-kahn6,500,770-0.00%
44gate-io-bts666,433,6741,336,520.00 26.22%
45tsuratsura-35576,395,199-0.00%
46bts-morning6,158,407269.00 0.00%
47yoyow.team6,000,002-0.10 0.00%
48ld6364335,840,000-3,716,809.00 -38.89%
49bristolbay5,800,011-0.00%
50fericia-brick5,766,623-0.00%
51btszhqxf5,734,712-0.00%
52spring5,560,779-0.00%
53hnnr85,460,998-0.00%
54cadord-ozois5,423,173-0.00%
55storj5,366,573-0.00%
56xhunter5,192,094-0.00%
57jeraud-kanze5,172,698-0.00%
58denkhaus5,169,955-2,097,793.00 -28.86%
59bitcoinindonesia5,010,525536,029.00 11.98%
60geravia-mackinnon4,777,691-0.00%
61xgqing4,351,903-0.00%
62btsxzzh24,348,432-0.00%
63serg4,269,497-0.00%
64cai81084,206,767853,999.00 25.47%
65quonael-lievesley4,087,235-0.00%
66coldstorage14,000,000-0.00%
67oh-bts4,000,000-0.00%
68super-bts3,999,990-0.00%
69slim3,938,098-0.00%
70wesley-waugaman3,921,027-0.00%
71hongcaibao13,800,0121,800,001.17 90.00%
72mtblock-io3,714,551-134,751.00 -3.50%
73rit-capital-partners3,466,9792,466,978.94 246.70%
74facem3,413,836435,719.06 14.63%
75zy3603,400,609193,688.00 6.04%
76peak-yannie3,333,334-0.00%
77random1233,304,640-0.00%
78ak-9993,298,7652,298,765.34 229.88%
79makkiavelli19773,199,365-0.00%
80bafohald-degeorge3,189,866-0.00%
81scottmclane3,177,116-0.00%
82livecoin-net3,163,054-15,712.00 -0.49%
83bilbo-baggins3,151,030-0.00%
84lao-wallet3,140,242-0.00%
85ptschina3,076,57587,077.00 2.91%
86aleks3,050,009-0.01 0.00%
87austintexas113,045,249-0.00%
88aelf3,043,3082,043,308.24 204.33%
89committee-usdoperator3,039,809-0.00%
90goodc0re3,025,226416,870.00 15.98%
91null-account3,013,497-0.00%
92bitlion3,004,517200,411.00 7.15%
93mcxcwbts3,000,686-0.00%
94billion-hero-prize3,000,000-0.00%
95ev-ev2,992,716582,334.00 24.16%
96roland.sun2,923,130-0.00%
97gxp520wcx2,902,997100,462.10 3.58%
98rwh-91642,900,819548,053.00 23.29%
99jackkang2,860,941-0.00%
100yinchg2,859,466477,562.00 20.05%

Thanks for viewing :)

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As always, an outstanding rundown of the latest updates pertaining to BitShares.

One important thing I would like to share with the community is the addition of a valid fiat gateway to the DEX.

Right now, EasyDEX supports USD and EUR deposits.

They also have an awesome token campaign that is multifaceted. Too long to describe here so please go here for more details.

https://steemit.com/easydex/@easydex/how-easydex-is-changing-the-way-you-do-crypto-20180511t162028846z-post

·

Woa, great :D

@steempower that is well explained information with lot chat and diagrams to back it

Thank you Jim! Cool to see my archives project up in the Report. :-)

good news, but I can only say thank you

A well detailed rundown and insightful explanation of the state of steem network.

Great outstanding work, I hope BTS takes its place soon as TOP5 coin!

🚀Recording for Bitshares Hangout #72

bitshares is amazing and and hope we hope to be glorious until the future