Bitshares - State of the Network - 28th March 2017
Welcome to the 28th 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 - 28th March 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 Garcia (Bitshares Core Dev) has been focusing on Github issues this week and has been working with Alex and Gordon on the Stealth implementation; check out his progress HERE
@svk has released a new Bitshares client (v. 2.0.170328) featuring a "steemit style login" allowing users to generate keys via a password (make sure you use a long complex password!); this means all that is required to login to your account via the new method is a username and password which makes logging in from multiple devices a breeze. Also added is a quick buy option allowing simple purchase of assets with BTC via Blocktrades integration. All this and more along with a bunch of bug fixes; - Checkout the latest updates notes HERE or download the latest version for your computer HERE - https://bitshares.org/wallet has also been updated with the latest updates.
Peerplays Jonathan Baha'i has released the new Peerplays promotional video "PeerPlays Crowdfunding - Feel the Power of PeerPlays". Also Jonathan has announced a promotional contest that will award a prize of $500 Bitcoin reward to the authors of the most resteemed, retweeted, liked or otherwise most viral content relating to Peerplay's; contest starts Tuesday and runs for 72 hours; Also mentioned is whales will be watching peerplay's content on steem so make sure you get posting and get some whale love as well as a chance to take the major prize; for more information on either of these topics please listen to Jonathan's official update on the latest Beyond Bitcoin Hangout which you can find HERE
@kencode has released his weekly update filled with news from a number of projects that Bitshares-Munich are working on (BlockPay, C-IPFS, Bitshares Stealth, Smartcoins Wallet). Find all the latest updates HERE
An independent report has been discovered this week titled "GRAPHENE – AN OPEN SOURCE BLOCKCHAIN" written by PHIL MESNIER a partner and principal engineer for OCI (Object Computing) an Open Source software engineering firm serving Fortune 500 companies. You can visit their website HERE or view the report HERE
@jonnybitcoin has published a video tutorial showing how to get setups and trading via the market maker bots provided by BTSBOTS.com; BTSBOTS is a web platform and Android app allowing anyone to trade or setup automated bots to trade on their behalf. You can view the tutorial HERE once your done visit BTSBOTS.com or get the BTSBOT app HERE
@bloggersclub (Ronny Boesing CEO of Openledger) has created a proposal to become a Bitshares committee member; Please find his proposal HERE
@virtualgrowth is doing a weekly market update and token give away; Check out his post and vote on your favorite asset HERE, if you leave you Bitshares username in the comment you may even be one of the lucky recipentes of the token giveaway.
This week the 'BitsharesDEX' telegram group pushed past 400 user's; with 416 users it is one of the most active channels of communication for the Bitshares community.
Orders on the Bitshares Decentralized Exchange (DEX) are up 30% W/W and BTS collateral backing of smartcoins is up 9.2%, seems like majority of this increased collateral has moved to fiat coins USD (Supply up 28%), CNY (Supply up 15%) and EUR (Supply up 152%). Also notable rises in BTC, Gold and Silver at roughly +5% W/W
The 2nd largest private holder of BTS has increased their position by 17% this week
This weeks Bitshares hangout recording has been published and is available HERE
This weeks Beyond Bitcoin hangout (Episode 200!!!) recording has been published. This week had talks from @peerplays @cm-steem and @virtualgrowth you can find more details and last weeks recording HERE
Current registered wallets/accounts within the Bitshares network is 158929; an increase of 817 wallets/accounts since last week
The last asset registered this week is asset #1318 and it is named 'LILWANGS' registered by 'virtual-growth' with the description 'LILWANGS are small pieces of WANGCHANGE and WANGCENTS to be given away through WANGCHANGE ideas.'.
New login methods: Wallet model / Account Model
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 | 2,591,759,437 |  1,641,189.00 | 0.06% |
| BTS Stealth | 266,837 | - | 0.00% |
| BTS in Open Orders (DEX) | 36,310,242.68 | 8,724,512.83 | 31.63% |
| Reserve Pool | 1,008,821,289 |  -1,641,538.00 | -0.16% |
| RP Accumulated fees | 27,253 | -163.00 | -0.59% |
| Collateral (top 250) backing Smartcoins | 382093342 | 32,467,854.00 | 9.29% |
| Top 100 Total | 1,333,179,199 | -43,411,726.27 | -3.15% |
| Top 100 - minus Exchanges | 534,145,813 | -8,185,200.82 | -1.51% |
| Exchanges | 799,033,386 | -35,226,525.44 | -4.22% |
| Non Exchanges | 1,792,726,051 | 36,867,714.44 | 2.10% |
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 | 0.00000508 | 0.00541516 | 36,140,259.91 | 195,705.22 | 82.5% | -74.0% |
| CNY | 0.04 | 0.01 | 7,664,536.99 | 41,878.75 | 17.5% | -89.5% |
| USD | 0.00956005 | 0.00956005 | 2,009.40 | 19.21 | 0.5% | |
| EUR | 0.00532986 | 0.00572827 | 0 | 0 | 0.0% | |
| NXT | 0.103 | 0.00072433 | 0 | 0 | 0.0% |
Worker Proposals
This section will identify the current approved and pending worker proposals
Active Worker:
- Alfredo Garcia, Bitshares Core Dev
- Soledger - Vikram/Agent86 - Project administration & essential maintenance
- SVK - GUI Development
- Xeroc - Python-steem and uptick
Proposed Worker
- Chronos Crypto - for the creation of educational youtube videos
- Fund to pay dividendp/topic,22041.new.html#new)
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 Open.BTC, Open.ETH and BTS
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 | 2,591,759,437 | 0.00542389 | 2,591,759,437 | $14,057,418.09 | 0.0634% |
| BTS Stealth | 266,837 | 0.00542389 | 266,837 | $1,447.29 | 0.0000% |
| Reserve Pool | 1,008,821,289 | 0.00542389 | 1,008,821,289 | $5,471,735.70 | -0.1625% |
| Accumulated fees | 27,253 | 0.00542389 | 27,253 | $147.82 | -0.5945% |
| BitUSD | 293,680 | 186.4 | 54,741,952 | $296,914.33 | 28.6102% |
| BitCNY | 1,507,138 | 26.9 | 40,542,012 | $219,895.41 | 15.7905% |
| BitEUR | 16,627 | 203 | 3,375,281 | $18,307.15 | 152.4214% |
| BitBTC | 43.5 | 195,695 | 8,512,733 | $46,172.12 | 4.0670% |
| BitGold | 10.76 | 233,570 | 2,513,213 | $13,631.39 | 5.4902% |
| BitSilver | 1,664 | 3,359 | 5,589,376 | $30,316.16 | 5.1169% |
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 | 2361 | 56 |
| jianjolly-0 | 1688 | 28 |
| compumatrix1 | 1637 | 1 |
| openledger | 514 | 0 |
| btsabc | 466 | 19 |
| fav | 349 | 5 |
| cryptofresh | 333 | 2 |
| gn1 | 242 | 4 |
| ccm2015 | 227 | 1 |
| cryptocurrency3 | 187 | 0 |
| by24seven | 177 | 3 |
| steem-trail | 148 | 11 |
| sdr | 138 | 15 |
Vote Proxies
This section will track the change in proxy voting
| Account | Opinions | Followers | Weight (M) | Weight Change (M) |
|---|---|---|---|---|
| xeroc | 33 | 167 | 250.9 | 0.7 |
| bitcrab | 56 | 24 | 150 | 22.2 |
| baozi | 19 | 66 | 87.1 | -0.8 |
| laomao | 35 | 3 | 44.6 | 1 |
| bitshares-munich-wallet | 9 | 11 | 28.8 | 0.4 |
| harvey | 57 | 5 | 22.4 | 0 |
| jonnybitcoin | 33 | 16 | 15.5 | 0 |
| bytemaster | 38 | 41 | 14.6 | -0.1 |
| fav | 13 | 41 | 14.1 | 0.2 |
| baicai | 49 | 4 | 10.7 | 0.1 |
Committee Members
This section will track shareholder approval of committee members
| Account | Votes (M) | Votes Change (M) |
|---|---|---|
| bitcrab | 661.6 | 0 |
| chris4210 | 607.5 | 0 |
| bhuz | 579.1 | 0 |
| xeroc | 520.6 | 0 |
| clayop | 520.1 | 0 |
| abit | 513.2 | 0 |
| bunkerchainlabs-com | 448.1 | 0 |
| ebit | 348.4 | 0 |
| harvey-xts | 202.6 | 0 |
| bitcube | 110.5 | 0 |
| fav | 190.4 | 0 |
Active Witnesses
This section will track active witnesses and the changes in support
| Rank | Witness | Votes | Missed | Missed Change W/W |
|---|---|---|---|---|
| 1 | in.abit 1.6.35 | 759.4 | 132 | 1 |
| 2 | abc123 1.6.65 | 733.5 | 834 | 6 |
| 3 | bhuz 1.6.17 | 723.6 | 1092 | |
| 4 | wackou 1.6.18 | 718.5 | 1269 | |
| 5 | delegate.baozi 1.6.37 | 710.8 | 984 | 47 |
| 6 | fox 1.6.16 | 706 | 2889 | 5 |
| 7 | verbaltech2 1.6.34 | 703.5 | 1192 | 2 |
| 8 | witness.yao 1.6.71 | 687.9 | 1175 | 1 |
| 9 | rnglab 1.6.45 | 686.3 | 1270 | 16 |
| 10 | xman 1.6.64 | 680.2 | 1116 | 12 |
| 11 | jerryliu 1.6.72 | 663 | 2738 | |
| 12 | xn-delegate 1.6.59 | 648.7 | 2283 | |
| 13 | delegate-clayop 1.6.27 | 638 | 2593 | 1 |
| 14 | witness.still 1.6.69 | 615 | 6826 | 2 |
| 15 | xeldal 1.6.22 | 563.2 | 868 | 4 |
| 16 | datasecuritynode 1.6.49 | 536.9 | 1551 | 34 |
| 17 | roadscape 1.6.13 | 529.3 | 1374 | |
| 18 | delegate.ihashfury 1.6.26 | 449 | 860 | 2 |
| 19 | harvey-xts 1.6.23 | 400.5 | 4948 | |
| 20 | delegate.freedom 1.6.63 | 393.7 | 3564 | 3 |
| 21 | spartako 1.6.15 | 340.4 | 961 | |
| 22 | mr.agsexplorer 1.6.24 | 323.5 | 824 | |
| 23 | public-witness-one 1.6.70 | 319.6 | 284 | |
| 24 | riverhead 1.6.31 | 285.2 | 1117 | |
| 25 | delegate.taolje 1.6.38 | 280.8 | 883 |
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 | poloniexcoldstorage | 290001202.9 | 0 | - | 0.00% |
| 2 | bitcc-bts-cold | 281419039.8 | 0 | -20,000,002.77 | -6.64% |
| 3 | poloniexwallet | 131292449.5 | 0 | -21,468,446.68 | -14.05% |
| 4 | yunbi-cold-wallet | 35003434.68 | 0 | - | 0.00% |
| 5 | pr1modiaprile | 24999291.42 | 0 | - | 0.00% |
| 6 | bittrex-deposit | 24593857.33 | 0 | 2,706,441.44 | 12.37% |
| 7 | tsuratsura-3557 | 19548910.3 | 8000000 | 2,893,714.63 | 17.37% |
| 8 | stan | 19377606.39 | 0 | - | 0.00% |
| 9 | btercom | 17049117.35 | 0 | - | 0.00% |
| 10 | alohacs | 16855553.92 | 0 | - | 0.00% |
| 11 | evan | 12118147.13 | 0 | - | 0.00% |
| 12 | cass | 11068343.65 | 0 | - | 0.00% |
| 13 | mcxcwbts | 10818456.61 | 0 | - | 0.00% |
| 14 | crypto-maniac | 10613394.97 | 0 | - | 0.00% |
| 15 | hnnr8 | 10471001.86 | 0 | - | 0.00% |
| 16 | blocktrades | 10084804.42 | 6677.33872 | 6,669,744.12 | 195.30% |
| 17 | invictus | 9815143.343 | 0 | - | 0.00% |
| 18 | yun-bts | 9589480.573 | 0 | 929,884.40 | 10.74% |
| 19 | virtual-ventures | 9318077.011 | 0 | - | 0.00% |
| 20 | funnycat-air | 9308118.783 | 9300000 | 0.21 | 0.00% |
| 21 | jiny2 | 9263139.165 | 0 | - | 0.00% |
| 22 | jonnybitcoin | 8855572.997 | 0 | -1,500,298.82 | -14.49% |
| 23 | roje | 8850428.578 | 0 | - | 0.00% |
| 24 | ibilitlan-scoltock | 8673958.411 | 0 | - | 0.00% |
| 25 | coldstorage1 | 8300000 | 0 | - | 0.00% |
| 26 | comp6 | 8144300.712 | 0 | - | 0.00% |
| 27 | cievia-waugaman | 7990212.251 | 0 | - | 0.00% |
| 28 | bc-godpay | 7563433.058 | 0 | - | 0.00% |
| 29 | haeassa-granovsky | 7431930.353 | 0 | - | 0.00% |
| 30 | abinia-rivard | 6550561.954 | 0 | - | 0.00% |
| 31 | goldsix | 6349582.684 | 0 | 299,181.84 | 4.94% |
| 32 | ubris | 5999999.845 | 0 | - | 0.00% |
| 33 | dev.bitsharesblocks | 5804511.786 | 794522.0451 | - | 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 | pay.xeroc | 5390375.986 | 0 | -2.82 | 0.00% |
| 40 | cissy | 5383923.483 | 10000 | - | 0.00% |
| 41 | bristolbay | 5325002.672 | 0 | - | 0.00% |
| 42 | xhunter | 5233237.27 | 0 | - | 0.00% |
| 43 | jeraud-kanze | 5172697.487 | 0 | - | 0.00% |
| 44 | ccedk.escrow2 | 5150294.966 | 0 | - | 0.00% |
| 45 | ironbank | 5144966.404 | 8000 | - | 0.00% |
| 46 | laow | 5057707.821 | 0 | - | 0.00% |
| 47 | lzr1900 | 5052738.366 | 0 | -72,462.51 | -1.41% |
| 48 | roland.sun | 5022491.809 | 0 | - | 0.00% |
| 49 | tkoba99 | 5001704.78 | 1558.846 | -6,198,118.07 | -55.34% |
| 50 | prebuffo1970 | 4834033.476 | 0 | - | 0.00% |
| 51 | geravia-mackinnon | 4777689.635 | 0 | - | 0.00% |
| 52 | mybak | 4709246.334 | 0 | - | 0.00% |
| 53 | harvey | 4699119.737 | 34839.54 | - | 0.00% |
| 54 | spring | 4673511.803 | 110000 | - | 0.00% |
| 55 | satoshi-pie | 4622790.181 | 0 | - | 0.00% |
| 56 | bts88 | 4527532 | 0 | - | 0.00% |
| 57 | onceuponatime | 4491136.101 | 0 | 29,018.27 | 0.65% |
| 58 | impseu1 | 4432045.44 | 0 | - | 0.00% |
| 59 | teiva | 4423898.412 | 177336.0167 | - | 0.00% |
| 60 | btsxzzh2 | 4348431.46 | 0 | - | 0.00% |
| 61 | enki | 4336338.96 | 90714.09186 | 907,878.11 | 26.48% |
| 62 | kimziv0 | 4243443.222 | 0 | 67,007.05 | 1.60% |
| 63 | goodc0re | 4211391.094 | 0 | 2,158,266.21 | 105.12% |
| 64 | slim | 4153504.029 | 0 | - | 0.00% |
| 65 | stellar | 4118034.258 | 4637.1 | - | 0.00% |
| 66 | quonael-lievesley | 4087235.19 | 0 | - | 0.00% |
| 67 | bts-morning | 3986844.009 | 0 | 494,998.00 | 14.18% |
| 68 | elendasa-benjamin | 3925769.873 | 0 | - | 0.00% |
| 69 | wesley-waugaman | 3921027.341 | 0 | - | 0.00% |
| 70 | hermes3 | 3832194.901 | 0 | - | 0.00% |
| 71 | wys | 3706185.413 | 0 | - | 0.00% |
| 72 | jaehyuk | 3627054.385 | 0 | - | 0.00% |
| 73 | tomotomo | 3539801.456 | 0 | 3,399,137.45 | 2416.49% |
| 74 | cnfund | 3519635.177 | 513897.4521 | 129,374.15 | 3.82% |
| 75 | laplap5 | 3493800.179 | 0 | - | 0.00% |
| 76 | mike-primorac | 3479329.453 | 0 | - | 0.00% |
| 77 | koocaa | 3453196.418 | 0 | - | 0.00% |
| 78 | nethyb | 3442787.375 | 0 | - | 0.00% |
| 79 | keebler-kahn | 3373253.992 | 0 | 1,774,673.60 | 111.02% |
| 80 | tomo | 3333899.531 | 0 | 2,067,695.47 | 163.30% |
| 81 | tomotomo1 | 3332277.428 | 0 | - | 0.00% |
| 82 | scottmclane | 3251127.476 | 0 | - | 0.00% |
| 83 | tyrone-shoelaces | 3233062.134 | 0 | - | 0.00% |
| 84 | chryspano | 3200097.451 | 0 | - | 0.00% |
| 85 | bafohald-degeorge | 3189865.947 | 0 | - | 0.00% |
| 86 | aboy | 3157215.578 | 0 | -762,065.79 | -19.44% |
| 87 | bunkerchainlabs-com | 3076668.779 | 0 | - | 0.00% |
| 88 | bitgate-ico1 | 3040926.067 | 0 | - | 0.00% |
| 89 | null-account | 3011944.766 | 0 | - | 0.00% |
| 90 | anonym7 | 2972988.998 | 0 | - | 0.00% |
| 91 | profoot | 2949982.108 | 0 | - | 0.00% |
| 92 | ptschina | 2889989.043 | 0 | 769,533.44 | 36.29% |
| 93 | trans.bot | 2805227.908 | 699900.012 | -512,839.09 | -15.46% |
| 94 | ccddd | 2800000 | 0 | - | 0.00% |
| 95 | bitcoinindonesia | 2771107.279 | 0 | 667,854.86 | 31.75% |
| 96 | mostar | 2751784.383 | 0 | -105.02 | 0.00% |
| 97 | sk | 2681288.12 | 0 | - | 0.00% |
| 98 | douglasriese1994 | 2642911.206 | 0 | - | 0.00% |
| 99 | wind-flower | 2624196.323 | 0 | 949,995.00 | 56.74% |
| 100 | rand1 | 2586346.83 | 0 | - | 0.00% |
PROMO / BONUS Codes - Bonus 2% on investment
If you are looking to buy into these ICO please find the codes below that will get you a bonus 2% on check out
Centz - Promocode: getcentz
Apptrade - Promocode: getapptrade
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
Another great update, thanks for the info, have a great week and namaste :)
Thanks for the comment Eric
Namaste :)
Excellent report! Followed for more bitshares info. :)
Thanks Luke, been loving your content of the topic too; its great to see you grab the bull by the horns and digging into the platform. Keep up the good work!
I had a buy order set at 0.00000501 for 0.75 BTC worth of BitShares last night. Was happy to wake up this morning and see it filled. :)
I'm enjoying learning all about this stuff and putting a little more skin in the game.
I have just realized that open ledger and bitshares are the same thing! Yay!
Pretty much ;)
Bitshares is the network and name of the core token and OpenLedger has based their business on the Bitshares Network. Fun Fact: before they were OpenLedger they were CCEDK (a traditional crypto currency exchange) then they seen the power of the network and switched out their back end to the decentralized network..
nice post @steempower i like thanks for sharing
Thanks Silvia :)
Omg so much data holy cow!
Plenty of data in here that's for sure; thanks for viewing
Hi Steempower, as always a very cool and detailed rapport (voted).
One question though, how could we have 800+ new accounts created and your chart shows roughtly 100 referred ?
Hi Glitterfart, Great question!
I think the reason for this (and someone please correct me if i am wrong); Cryptofresh is only counting referrers if the created user account has a different referrer than the registrar; generally when a user creates an account with openledger directly the referral % is set to 0 and both the registrar and referrer are set to the same account.
If this was not the case Openledger would be in 1st position by a long margin.
nice post
Thanks for this detailed post, I had no idea that Bts is that important, wanna buy some now :)
Thanks for the comment; its obviously all subjective but BTS is very dear to a large part of a very active and expanding community. Recommend joining the BitsharesDEX telegram chat if you want to see the real heart of the network.
Thanks I will check it out :)
thanks for sharing information @steempower
Thanks for the comment Tina :)
you are welcome ^_^
good luck @steempower
Thank you for the useful information and mention of my bitshares giveaway and market data of some assets such as ones that are steem(it) related that some may also be interested in.
Wow your quick off the mark! Cheers VG
I try when I can! Cheers SP! :)
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