Bitshares - State of the Network - 24th January 2017

Welcome to the 19th Bitshares State of the Network (BSotN) report. I will be releasing this report weekly to look at 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 - 24th January 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.

• Alfredo's Core Developer worker proposal has been approved by the Bitshares Stakeholders and Alfredo has commenced work as of the 23rd of Jan, He will be working full time on the development efforts for Bitshares core, progress will be monitored and reported by @kencode who will include updates in his weekly report to the Bitshares Network.

• @svk has released a new Bitshares Light wallet (v. 2.0.170123) as part of his active worker proposal, the new wallet and change log can be found HERE.

• @bitspace has announced their ongoing Bitgate ICO has been a huge success and as such have changed the stakes to provide higher benefits to their PreICO investors. They have made this statement: "we want to protect our early investors by increasing the amount of stake given away by 1% for every 10 BTC extra we get after 50 BTC, until a cap of 100 BTC where a total of 10% stake would be given away. This will ensure a valuation capped at a maximum of $1 million until the crowdfund February 9th.". Find more details in their most recent update on bitsharestalk or on Steemit

• @apptrade and Ronny Boesing (@bloggerclub) have done an interview on Blocktalk with Alex Sterk relating to the current Apptrade ICO. you can see Alex's Steemit post with the video recording HERE

• Christoph Hering ( @chris4210 ) Co-Founder & CEO of Bitshares Munich has funded a contest for the best .gif relating to the Bitshares network, a prize pool of 33,333BTS is up for grabs and a list of features to be depicted in gifs are detailed on a recently post which can be found HERE

• We are still gathering testnet witnesses for the Transaction Throughput Testing / TPS Stress test. If you would like to run a testnet witness and be part of Bitshares history, please register your interest HERE. We still have 13 spots available and this represent a great opportunity to really get hands on with the tech and build you knowledge on what is required to run a witness.

• @kencode has released his weekly update relating to C-IPFS, Blockpay, Smartcoins wallet, Stealth and Alfredo's Progress; in this update Ken announces that Blockpay and the Smartcoins wallets will be back in the appstore in coming weeks, He has also called for suggestions for naming of the upcoming smartcoins 2.0 wallet which will support 7 cryptocurrencies. See the update and vote for your favorite name HERE

• Christoph Hering ( @chris4210 ) Co-Founder & CEO of Bitshares Munich will be attending 'Blockchain Week 2017' in London; running from January 20th - 26th. Chris will be speaking on a panel on the topic 'What is an ICO (Initial Coin Offering)' you can find more details HERE or see Chris's first update from the event HERE

• @estefantt has published the most recent figures on the new Bit20 composition, On the 21st day of every month, Bit20 runs an algorithm that creates its new composition for the index fund. Check the most recent data HERE or browse the main Bit20 website HERE

• @cm-steem and the Gridcoin community have been working on a customised version of the Bitshares web wallet putting Open.GRC front and center for featured markets and pairing for the DEX, Checkout more details on Steem or on the BitsharesTalk Forum

• @heiditravels has released her latest edition of the 'Crypto Tips' video series featuring Bitshares as a a small town on global scale; please find the latest edition HERE

• @mrwang has created a new Bitshares asset called 'WANGCHANGE' "This UIA (User Issued Asset) was created to raise the funds needed to continue developing and producing high quality content for the steemit platform and help promote other projects and communities in the near future". See more details HERE

• @taskmanager has set a floor on the price of his TASKMANAGER asset by setting buy orders on all active pairs for amounts matching the current issuance of the token. This is a minimum price and he looks to increase the base price over time. Find out more HERE

• @centz has extended their pre ICO offers, the Pre ICO now runs until the 13th of Feb before the start of the official ICO on the 14th Feb; check out the details on centz.net. If you are investing in the PreICO/ICO you can use the promocode "getcentz" for a bonus 2% on your investment

• The last asset registered this week is asset 1259 and it is a smartcoin named 'GOLOS' registered by '@altfund' with the description '1 GOLOS'.

• Current registered wallets/accounts within the Bitshares network is 153711; an increase of 538 wallets/accounts since last week

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	2,580,209,493	678,166.00	0.0263%
BTS Stealth	265,479	-	0.00%
BTS in Open Orders (DEX)	45235142.14	-437,494.04	-0.96%
Reserve Pool	1,020,365,682	-677,794.00	-0.0664%
RP Accumulated fees	27,297	2,202.00	8.77%
Collateral (top 250) backing Smartcoins	285276499	7,197,502.00	2.59%
Top 100 Total	1,382,461,878	1,713,069.01	0.12%
Top 100 - minus Exchanges	530,100,949	-7,119,761.37	-1.33%
Exchanges	852,360,929	8,832,830.38	1.05%
Non Exchanges	1,727,848,564	-8,154,664.38	-0.47%

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	0.00000407	0.00375591	4,998,945.12	18,775.57	58.6353	-69.40%
CNY	0.02520471	0.00367684	3,526,536.27	12,966.50	41.3647	-27.53%
EUR	0.008	0.00836144	0	0	0
NXT	1.099	0.00711708	0	0	0
USD	0.00956005	0.00956005	0	0	0

Worker Proposals

This section will identify the current approved and pending worker proposals

Active Worker:

• Soledger - Vikram/Agent86 - Project administration & essential maintenance
• SVK - GUI Development
• Alfredo Garcia, Bitshares Core Dev
• Refund worker - returns unspent budget to the reserve pool

Proposed Worker

• Chronos Crypto - for the creation of educational youtube videos
• Fund to pay dividend

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, Compuceeds and Open.BTC

Smartcoins

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

Asset	Supply	Price	Market Cap BTS	Market Cap USD	Supply Change W/W
BTS	2,580,209,493	0.00372320	2,580,209,493	$9,606,635.98	0.0263%
BTS Stealth	265,479	0.00372320	265,479	$988.43	0.00%
Reserve Pool	1,020,365,682	0.00372320	1,020,365,682	$3,799,025.51	-0.0663%
Accumulated fees	27,297	0.00372320	27,297	$101.63	8.18%
BitUSD	98,147	268	26,303,396	$97,932.80	0.89%
BitCNY	964,219	38.9	37,508,119	$139,650.23	4.39%
BitEUR	5,913	288	1,702,944	$6,340.40	-0.14%
BitBTC	44.80	246,305	11,034,464	$41,083.52	-0.24%
BitGold	10.20	327,375	3,339,225	$12,432.60	0.00%
BitSilver	1,105.00	4,623	5,108,415	$19,019.65	-4.08%

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.

Account	Referrals	Change W/W
bitshares-munich	1933	23
compumatrix1	1635	0
jianjolly-0	947	123
openledger	514	0
btsabc	402	7
fav	321	1
cryptofresh	315	6
ccm2015	225	2
gn1	223	1
cryptocurrency3	180	3
by24seven	158	5
cat-ch	119	0
ebit	97	3
sdr	78	0
kc007	74	0

Vote Proxies

This section will track the change in proxy voting

Account	Opinions	Followers	Weight (M)	Weight Change (M)
xeroc	36	147	188.1	1.1
baozi	20	64	95.9	2.9
bitcrab	53	22	91.9	4.3
laomao	39	3	42.2	-3.7
bitshares-munich-wallet	8	6	23.2	0.1
harvey	50	5	22.4	0
fav	23	32	14.3	0
bytemaster	38	41	13.9	-0.3
jonnybitcoin	27	12	12.8	0.1
yao	26	34	11.6	-2.1

Committee Members

This section will track shareholder approval of committee members

Account	Votes (M)	Votes Change (M)
bitcrab	620.7	0.2
chris4210	541.1	185.1
bhuz	522	0.1
abit	482.4	-8.1
xeroc	467.6	0.9
clayop	459.8	-1.3
bunkerchainlabs-com	418.2	90.4
dele-puppy	386.3	-20.9
ebit	350.1	2.5
bitcube	297.3	-98.7
harvey-xts	191.3	-3.3

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

Rank	Account	Balance(include orders)	Orders	Change W/W	Change W/W %
1	bitcc-bts-cold	369419069.6	0	-	0.00%
2	poloniexcoldstorage	290001202.9	0	-	0.00%
3	poloniexwallet	86790840.11	0	3,775,743.63	4.55%
4	yunbi-cold-wallet	35003434.68	0	-	0.00%
5	pr1modiaprile	24999291.42	0	-	0.00%
6	bittrex-deposit	20538694.15	0	198,790.87	0.98%
7	btsx-bitshare	19863402	0	1.00	0.00%
8	tsuratsura-3557	19040059.37	0	-	0.00%
9	btercom	17049117.35	0	-	0.00%
10	alohacs	16855553.92	0	-	0.00%
11	duecastori2014	16056319.54	0	-	0.00%
12	stan	15834780.69	0	-7.64	0.00%
13	evan	12118147.13	0	-	0.00%
14	funnycat-air	11489195.01	10787140	396,802.78	3.58%
15	cass	11068374.6	0	-	0.00%
16	mcxcwbts	10818456.61	0	-	0.00%
17	bitshares-munich-wallet	10713293.53	0	-	0.00%
18	crypto-maniac	10597469.97	0	-	0.00%
19	hnnr8	10471001.86	0	-	0.00%
20	invictus	9815143.343	0	-	0.00%
21	virtual-ventures	9318077.011	0	-	0.00%
22	jiny2	9297002.608	25092.5	-	0.00%
23	jonnybitcoin	8903143.947	1000000	500,239.13	5.95%
24	suyuekuangcheng666	8899394.368	6644200	-	0.00%
25	roje	8850428.578	0	-	0.00%
26	cievia-waugaman	7990212.567	0	-	0.00%
27	ccedk.escrow2	7850300.559	0	-	0.00%
28	bc-godpay	7563433.058	0	-	0.00%
29	yun-bts	7237706.856	0	144,519.40	2.04%
30	abinia-rivard	6550561.954	0	-	0.00%
31	coldstorage1	6400000	0	-	0.00%
32	goldsix	6050400.848	0	-	0.00%
33	ubris	5999999.845	0	-	0.00%
34	fericia-brick	5766621.727	0	-	0.00%
35	btszhqxf	5734710.5	0	-	0.00%
36	miso69	5478227.737	0	-	0.00%
37	linhan	5425093.721	0	-	0.00%
38	cadord-ozois	5423172.409	0	-	0.00%
39	dev.bitsharesblocks	5408873.002	1064522.017	-	0.00%
40	pay.xeroc	5390381.602	0	-	0.00%
41	cissy	5383923.483	10000	-	0.00%
42	bristolbay	5325002.672	0	-	0.00%
43	xhunter	5233237.27	0	-	0.00%
44	crypto123	5228803.808	0	-	0.00%
45	ironbank	5144966.404	8000	-	0.00%
46	laow	5057707.821	0	-	0.00%
47	roland.sun	5022491.809	0	-	0.00%
48	cnfund	4852705.897	0	-	0.00%
49	prebuffo1970	4834033.226	0	-	0.00%
50	bterdeposit	4713775.469	0	39,862.57	0.85%
51	mybak	4709246.334	0	-	0.00%
52	harvey	4699122.046	35357.70909	-	0.00%
53	bitcc-bts	4636061.044	0	301,010.31	6.94%
54	spring	4582269.686	110000	-	0.00%
55	bts88	4527532	0	-	0.00%
56	teiva	4524369.199	0	822,776.43	22.23%
57	impseu1	4432045.44	0	-	0.00%
58	btsxzzh2	4348431.46	0	-	0.00%
59	ddd888	4259712.48	50000	-	0.00%
60	onceuponatime	4131459.38	23100	1,125,686.90	37.45%
61	stellar	4118034.258	4637.1	-	0.00%
62	kimziv0	4101739.259	0	38,900.00	0.96%
63	slim	4100811.632	0	-	0.00%
64	lambda1	4047823.059	0	-	0.00%
65	bitgate-ico1	4018984.954	0	222,119.60	5.85%
66	elendasa-benjamin	3925769.873	0	-	0.00%
67	lzr1900	3897252.906	0	-	0.00%
68	hermes3	3832194.901	0	-	0.00%
69	trans.bot	3722006.154	510986.2101	635,112.85	20.57%
70	wys	3706185.413	0	-	0.00%
71	jaehyuk	3627054.385	0	0.00	0.00%
72	mike-primorac	3479329.453	0	-	0.00%
73	koocaa	3453196.418	0	-	0.00%
74	btsxcn	3376400.917	0	-	0.00%
75	tomo	3336122.43	0	-	0.00%
76	tomotomo1	3332277.428	0	-	0.00%
77	ags	3256677.911	0	-	0.00%
78	scottmclane	3251127.476	0	-	0.00%
79	chryspano	3200097.451	0	-	0.00%
80	bafohald-degeorge	3189865.947	0	-	0.00%
81	sauron	3138969.719	0	-	0.00%
82	bunkerchainlabs-com	3076671.275	0	-500,002.64	-13.98%
83	agamer	3022267.937	0	-	0.00%
84	null-account	3011942.766	0	-	0.00%
85	profoot	3000002.391	0	-	0.00%
86	bts-morning	2987464.009	0	0.00	0.00%
87	anonym7	2972988.998	0	-	0.00%
88	sk	2960066.895	0	-	0.00%
89	graphene2015	2900141.295	317162.9585	-337.07	-0.01%
90	satoshi-pie	2807841.191	0	-2.64	0.00%
91	ccddd	2800000	0	-	0.00%
92	mostar	2751889.402	22900	-	0.00%
93	rand1	2586346.83	0	-	0.00%
94	bang-king	2570420.185	0	-200,002.64	-7.22%
95	kan791	2569361.488	0	-	0.00%
96	dragongroup	2549459.689	0	-	0.00%
97	hardfork2	2545413.479	0	-	0.00%
98	serg	2515783.949	0	-	0.00%
99	dark-angel	2508416.359	0	-	0.00%
100	thread	2485990.228	0	-	0.00%

CENTZ and APPTRADE ICO Promo codes - Bonus 2% on investment

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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! :)

Image Credit: @cass