Bitshares - State of the Network - 1st May 2018

in bitshares •  2 months ago


Welcome to the 81st 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 - 1st 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.

This week I would like to start by recognizing the hardworking teams who are translating these reports into other languages.
@blockchained has been translating these reports into Russian each week for over 1 year now starting at report #21 back in February 2017!
@fractalnode has been translating into Polish for the last 7 months!
@bangzi the newest addition to the team who has started last week translating these reports into Chinese.

Thank you all for your great efforts in getting these reports into the hands of many people around the world.

Observation from this week

This section will highlight any observations made while analysing the data.

  • This weekend, 5th-6th May 2018 the Global Graphene Blockchain Developers Conference will kick off in the Shanghai Himalayas Daguan Theatre in Shanghai, China. This milestone event will host over 35 speakers from a wide range of projects with Graphene as the common focus from all attendees. No doubt this will be a great networking event and if the China Dev con (Jan 2018) is anything to go by a huge success. Tickets to this event are VERY reasonably priced so if you are able to attend I think you will get great value from this event. Find more information HERE

  • This week Bitshares recorded a new 24h transaction record as reported by Blocktivity.info. Bitshares hit a record of 1,513,308 Transaction over a 24 hour period which works out to an average of 17.5 TPS. Bitshares currently holds the 2nd position for the largest amount of transactions in a 24 hour period, behind Steem which is holding the pole position with 2,068,341 TXs in 24 hours. With the rapid increase in trading platforms, wallets, trading/liquidity bots and this week a brand new game utilizing the Bitshares blockchain, Bitshares has the first place position in its sights. Either way it is great to see these Graphene based chain illustrating the power of DPOS.

  • The Bitshares based farming game Bits.Farm has launched this week and free SEED tokens have been distributed users who registered and activated their account as part of the free 'ICO' (no money exchange only registration of interest to receive a free allocation of SEED tokens.). BitFarm allows users to earn crypto currencies by playing a fun and addictive farming based simulation game! You can see the official website and download the game for Android or IOS HERE

  • Cybex are developing a Graphene compatible hardware wallet named 'Nebula'. The Nebula wallet is said to be the first hardware cold wallet backing EOS, CYB and BTS simultaneously, using the same signature algorithm and JSON transaction pattern as BTS. You can find more information HERE

  • The Bitspark team have released a detailed roadmap for 2018 with a primary focus on the Zephyr project. The roadmap has outlined that Bitspark intends to run the Bitspark Decentralised Exchange (DEX) gateway by end of Q2 2018 and contribute to the development of open source liquidity/trading bots in 2018 amongst many other milestones. You can see full details HERE

  • @abit has announced the release of Bitshares Core 2.0.180425. This update is a bug fix release to address a track-account bug that do not affect consensus and chain security. The upgrade may be of particular interest to businesses such as exchanges, payment processors, gateways or merchants who are running witness_node with track-account option enabled. You can see full information of the release and upgrade procedure HERE

  • 63 Million USD 24 hour trade volume on the DEX for this report - 1st of May 2018. See the 'DEX: Most Active Markets' section for a break down of the top 20 assets on the day.

  • 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 897514; an increase of 10689 wallets/accounts since last week

Smartcoin issuance chart showing weekly change since the start of 2017

Number of accounts holding BTS (off exchanges)

2018 Global Graphene Blockchain Developers Conference - This Weekend, 5th-6th May 2018 - source


Nebula Wallet is the first hardware cold wallet backing EOS, CYB and BTS simultaneously - source


Bits.Farm the Bitshares based farming game has launched - Download the app HERE


Bitshares setting a new record for transactions per day - source

EasyDEX Wallet registration and recovery demo - source

Beyond Bitcoin - Bitshares Talk - April 28, 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 Supply2,620,543,775 2,123,204.000.08%
BTS Stealth285,065 -2,999.00-1.04%
BTS in Open Orders (DEX - T250)9901829.6 -299,627.40-3.69%
Reserve Pool990,570,820 8,418,237.000.85%
RP Accumulated fees37,401-0.00%
Collateral (top 250) backing Smartcoins402967441 23,139,585.005.76%
Top 100 Total1,480,789,309 18,373,067.031.26%
Top 100 - minus Exchanges700,512,958 18,373,067.032.72%
Exchanges780,276,351-0.00%
Non Exchanges1,840,267,424 2,123,204.000.12%

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
BTC0.000040870.3686371130,062,050.3447,945,697.6962.54358.5%
USDT0.368930150.3757,313,670.3521,144,324.7227.6%519.8%
ETH0.000552310.3671860717,793,565.506,533,549.368.6%-31.6%
BNB0.026220.370336621,596,694591,314.440.8%132.0%

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, USD 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
BTS2,620,543,7750.369966,136,681$966,136,680.65 0.081%
BTS Stealth285,0650.369105,097$105,097.18 -1.041%
Reserve Pool980,029,3790.369361,315,213$361,315,212.59 -0.216%
Accumulated fees37,4010.36913,789$13,788.920.000%
BitUSD16,043,4552.70343,365,459$15,987,888.04 28.269%
BitCNY267,771,1930.427114,338,299$42,154,008.69 19.778%
BitEUR129,4383.26421,968$155,570.25 4.706%
BitBTC47.124,5131,154,562$425,661.65 12.143%
BitGold189.53,543671,399$247,529.820.000%
BitSilver21,78244958,408$353,343.890.000%
Ruble7,653,4730.0426326,038$120,203.00 14.915%
HERO1,005440442,200$163,029.39 -11.996%

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
btsabc597418
bitshares-munich552112
bituniverse485131
compumatrix125811
digital-nomad24990
sdr23850
cryptofresh206355
jianjolly-017430
magicw16748
by24seven122819
bcp201712012
superone119292
estefantt11674

Vote Proxies

This section will track the change in proxy voting

AccountOpinionsFollowersWeight (M)Weight Change (M)
xeroc61215147.7 -1
openledger5610221146.3 5.8
bitcrab90113142.1 6.8
michaelx5811981.3 4.7
still13033160.1 11.6
blckchnd59157536.6 -3.2
abit7174026.1 -0.5
fav4016523.6 -0.2
laomao35410.90
baozi27579.90

Committee Members

This section will track shareholder approval of committee members

AccountVotes (M)Votes Change (M)
bitcrab761.4 58.9
abit641.3 15.7
bhuz621.5 13.6
clockwork568.5 7.3
jademont528.7 22.9
openledgerdc480.3 2.7
xeroc473.3 13.5
witness.still463 19
ebit445.5 16.9
bunkerchainlabs-com424.9 0.5
fav405.7 2.2

Active Witnesses

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

RankWitnessVotesMissedMissed W/W
1in.abit 1.6.35 808.37467
2bhuz 1.6.17 777.716949
3 roelandp 1.6.74 776.8791
4 verbaltech2 1.6.34 775.5402413
5 abc123 1.6.65 760.413557
6 fox 1.6.16 759.745403
7witness.yao 1.6.71 756.336072
8witness.still 1.6.69 749.693189
9sahkan-bitshares 1.6.73 747.413487
10delegate-1.lafona 1.6.28 743.144642
11 xn-delegate 1.6.59 739.7290211
12 xman 1.6.64 737175111
13xeldal 1.6.22 736.424881
14crazybit 1.6.84 696.263118
15openledger-dc 1.6.76 665.77094
16delegate.freedom 1.6.63 656.149351
17delegate-zhaomu 1.6.98 652.36653
18magicwallet.witness 1.6.110 632407
19witness.hiblockchain 1.6.105 609.45412
20 rnglab 1.6.45 59921797
21 elmato 1.6.20 598.743983
22blckchnd 1.6.75 5599782
23gdex-witness 1.6.120 555144
24winex.witness 1.6.101 537.26577
25clockwork 1.6.117 488.9102

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 %
1poloniexwallet233,064,103-9,692,624.00 -3.99%
2bitkkchubei002161,192,406-0.00%
3bitcc-bts-cold114,793,905-2,000,000.00 -1.71%
4binance-cold-1114,787,664-0.00%
5binance-bitshares-gvbdb84k6h79,730,0017,648,624.00 10.61%
6gamma-rabbit61,197,392-0.11 0.00%
7huobi-withdrawal40,132,26612,573,013.00 45.62%
8alpha-dog37,768,4856,099,280.21 19.26%
9delta-lion22,651,470-0.11 0.00%
10ranchorelaxo201721,769,775-0.00%
11gate-bts-off00121,225,00120,225,001.00 2022.50%
12test-changekey20,163,274-20,000,010.00 -49.80%
13abit20,102,507-1.00 0.00%
14bittrex-deposit18,890,337-660,033.00 -3.38%
15bigday4sc16,155,8551,780,376.66 12.38%
16stan14,841,943-0.00%
17jubi-bts14,591,906-0.00%
18a2dcdf323a8a576408f62604b17a8a5214,172,000-354,644.00 -2.44%
19alexna6412,143,695-0.00%
20anonymous11,212,516-0.00%
21yun-bts10,962,743-0.00%
22evan10,659,692-0.00%
23macley10,000,0113,726,719.50 59.41%
24ld6364339,556,809-1,043,200.22 -9.84%
25getch-bts9,535,172-0.00%
26brother-john9,312,086-300,000.00 -3.12%
27virtual-ventures9,153,485-0.00%
28echocold19,097,651-0.00%
29ibilitlan-scoltock8,673,958-0.00%
30enki8,670,599-927,649.40 -9.66%
31denkhaus8,519,8634,946,234.00 138.41%
32mr-wang8,156,959-50,000.00 -0.61%
33graphene20158,141,939-23,949.00 -0.29%
34roje8,040,409-0.00%
35bts-subscribe7,999,005-187,752.00 -2.29%
36cievia-waugaman7,990,214-0.00%
37onceuponatime7,764,512-229,765.00 -2.87%
38committee-cnytrader7,608,0422,048,114.20 36.84%
39lailai7,600,0116,600,010.70 660.00%
40invictus7,494,364-0.00%
41jiny27,438,984-0.00%
42haeassa-granovsky7,431,931-0.00%
43cass6,737,585-0.00%
44tyrone-shoelaces6,615,913-0.00%
45abinia-rivard6,550,563-0.00%
46keebler-kahn6,500,770-0.00%
47tsuratsura-35576,395,199-0.00%
48bts-morning6,148,426-4,149.00 -0.07%
49yoyow.team6,000,003-0.00%
50zbbts0015,990,570-7,317,954.00 -54.99%
51bristolbay5,800,011-0.00%
52fericia-brick5,766,623-0.00%
53btszhqxf5,734,712-0.00%
54spring5,560,779-0.00%
55hnnr85,460,998-0.00%
56cadord-ozois5,423,173-0.00%
57storj5,366,573-45,704.00 -0.84%
58xhunter5,192,094-0.00%
59jeraud-kanze5,172,698-0.00%
60gate-io-bts665,028,0173,451,328.00 218.90%
61geravia-mackinnon4,777,691-0.00%
62aloha4,654,44073,384.00 1.60%
63xgqing4,351,903-0.00%
64btsxzzh24,348,432-0.00%
65bitcoinindonesia4,320,758-360,590.00 -7.70%
66serg4,269,497-0.00%
67quonael-lievesley4,087,235-0.00%
68coldstorage14,000,000-0.00%
69oh-bts4,000,000-0.00%
70super-bts3,999,990-0.00%
71slim3,938,098-0.00%
72wesley-waugaman3,921,027-0.00%
73peak-yannie3,333,334-0.00%
74random1233,304,640-0.00%
75mtblock-io3,289,438215,998.00 7.03%
76cai81083,239,753239,510.00 7.98%
77bafohald-degeorge3,189,866-0.00%
78makkiavelli19773,186,19017,357.00 0.55%
79scottmclane3,177,116-0.00%
80livecoin-net3,156,461-181,120.00 -5.43%
81bilbo-baggins3,151,030-0.00%
82lao-wallet3,140,242-0.00%
83aleks3,050,009-967,508.37 -24.08%
84austintexas113,045,249-1.00 0.00%
85null-account3,013,3801,410.00 0.05%
86zy3603,001,582-0.00%
87mcxcwbts3,000,686-0.00%
88billion-hero-prize3,000,000-0.00%
89facem2,993,337448,542.00 17.63%
90ptschina2,968,42822,593.00 0.77%
91roland.sun2,923,130-0.00%
92jackkang2,860,941-0.00%
93sky-fly2,810,389-0.00%
94gxp520wcx2,802,548-2.03 0.00%
95bitlion2,801,061-0.00%
96koocaa2,781,355-0.00%
97tong-xin2,772,166-0.00%
98bunkerchainlabs-com2,767,610-0.00%
99rg33m43ffaeqdrnk2,760,867-0.00%
100ev-ev2,759,785-40,282.00 -1.44%

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:  

Gonna have to get me some Bitshares. It seems that the overall sediment in the market is headed towards decentralized exchanges. BTS has a massive early movers advantage! Thanks for the update!

·

but also massive upcoming competition. i wonder what we can do for bitshares to grow? i hoped that the graphene developers conference will uncover some plans to join forces with eos but nothing was heard about bitshares so far. thus the price decline over the weekend i guess.

👍

The bitshares network has a lot of potential. Cant wait to see it manifest.

nice scoring and congretalution to 1st

It is my pleasure to confirm the progress of Bitshares.
I am looking forward to the day Bitshares will change the world.

I must say bitshares is the future coin if you miss bitcoin don't miss bitshares cause it's gonna boom. buy as many bitshares as possible

Great statistics
thanks for sharing cryptocurrency update sir

Thanks for sharing this cryptocurrency news update providing, I appreciate this Blockchain.
keep it up my friend....

Thanks for your new update sir
god bless you

The network is very large and has very huge possibilities
It was a huge form
I expect great success after the merger
Thank you for the great information, my friend

·

what merger? thanks!

Thanks a bunch for another great set of news for us all! Much appreciated again, namaste :)

This is full pack news, it must have took you some days to collect the data ...really great ..didnt knew about some info. Great ..looking after you , your news is productive...
Thanks @steempower

Decentralized everything, BITSHARES

·

gateway nodes aka bridges are centralized. crypto bridge proposes to change that and open ledger submitted a proposal for decentralizing their own gateways but so far there is no implementation for that. atomic swaps would help in a way but i didn't see any updates on that as well. newer decentralized excahnges with centralized orderbook have the advantage of complex order types, like stop limit orders, and fast execution that enables bots that bring liquidity. bitshares doesn't even support stop loss order yet.

TODAY'S LIVE STREAM RECORDING (May 5, 2018)

Thank you for your contribution to the weekly hangouts!