Bitshares - State of the Network - 28th November 2017

in bitshares •  13 days ago


Welcome to the 63rd 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 - 28th November 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.

  • This week has seen a massive 36% increase in the smartcoin supply within the Bitshares platform. The largest increase in circulating supply came from BitUSD which has increased by 40% and BitCNY by 22%

  • Bitshares will get a consensus level upgrade in the coming weeks. The protocol upgrade to Bitshares Core 2.0.171105a has been scheduled for the 8th of December 2017 at 15:40:00 UTC. All participating witnesses are reminded to upgrade the core software before the change. More details HERE

  • A new Bitshares gateway and hosted wallet have launched this week GDEX.IO, The GDEX gateway only supports BTC at the moment but they are looking to add ETH, NEO, QTUM, BCH, IOTA and more in the near future. GDEX is operated by OBSIDIAN TECHNOLOGY CO. PTE. LTD. a company incorporated under the laws of Singapore Republic, the support team work in the office in Shanghai, China. You can find more information HERE

  • @abit has used the worker proposal system to gauge shareholder support for BSIP-26 - Refund Order Creation Fee in Originally Paid Asset on Cancel and BSIP-27 - Asset Issuer Reclaim Fee Pool Funds. If you support the BSIP's and would like to see them implemented you can vote on the proposals within Bitshares Wallet under the 'Voting' tab.

  • PoloniEX has re-enabled its Bitshares wallet for Deposit and Withdrawal. Still no statement has been made as to the reason why it was disabled. The Bitshares spokesperson is still awaiting a response..

  • @apasia.tech has developed a 'Rough Guide to WALLET MANAGEMENT on the BitShares DEX' and a 'Rough Guide to Trading on BitShares DEX for beginners'. Despite the titles both these guides are great resources and go into a good level of detail.

  • Details of another Bitcoin hardfork has surfaced.. Lightning Bitcoin (LBTC) is proposed to form Bitcoin on block #499,999 (~23rd of December 2017). The forked chain will mirror balances onto a chain running DPOS (Delegated Prrof of Stake). Not a lot of details are out so far but what ever the case this maybe great exposure for Bitshares and the DPOS consensus mechanism. You can find more details HERE

  • A few Bitshares related articles have been released on Huffington post this week; Authored by @Michaelx you can see from the level of detail and length of these post he has been very busy. Please find the links to follow: Is Tether (USDT) Being Used for Money Laundering?, How The Blockchain Is Revolutionizing The Remittance Industry For The Unbanked, Is Poloniex Manipulating the Price of BitShares and Tether’s USDT Hacked for $31 Million

  • 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

  • Current registered wallets/accounts within the Bitshares network is 476275; an increase of 7479 wallets/accounts since last week

  • This week’s Bitshares hangout recording has been published and is available HERE

  • The last asset registered this week is asset #2422 and it is named 'OPEN.RZM' registered by 'openledger-wallet' with the description 'OpenLedger baked asset 1:1 razoom RZN. Learn more on: https://razoom.org/'.

Smartcoin issuance chart showing weekly change since the start of 2017

# of Accounts holding BTS (only have 6 weeks of data so far)

Cryptocurrency comparison

BitAssets - counterparty risk free stable coins

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 Supply2,602,961,133 604,400.000.02%
BTS Stealth287,432 -45.00-0.02%
BTS in Open Orders (DEX - T250)9658800.83 -2,437,855.00-23.43%
Reserve Pool997,614,323 -601,899.00-0.06%
RP Accumulated fees192,214 835.000.44%
Collateral (top 250) backing Smartcoins449334292 26,015,682.006.04%
Top 100 Total1,159,863,562 -34,524,178.00-2.88%
Top 100 - minus Exchanges500,375,237 8,539,168.001.79%
Exchanges659,488,325 -43,063,346.00-5.95%
Non Exchanges1,943,472,808 43,667,746.002.33%

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
BNB0.080290.15158961134,482,815.8620,386,197.0652%First week BNB
BTC0.000015410.1566,930,123.9210,128,013.8225.9%-1.4%
ETH0.000326810.1509019838,503,897.555,810,314.4414.9%8.3%
USDT0.15040.1503416518,540,3882,787,392.487.2%-48.0%

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 Open.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
BTS2,602,961,1330.1522,602,961,133$394,740,643.63 0.023%
BTS Stealth287,4320.152287,432$43,589.24 -0.016%
Reserve Pool997,614,3230.152997,614,323$151,288,820.63 -0.060%
Accumulated fees192,2140.152192,214$29,149.37 0.436%
BitUSD6,735,2216.3943,038,062$6,735,221.00 40.399%
BitCNY80,047,8570.97177,726,469$11,787,266.46 22.415%
BitEUR75,5377.61574,837$87,174.32 -4.132%
BitBTC49.964,0403,195,596$484,614.08 -4.038%
BitGold908544768,960$116,613.250.000%
BitSilver8,820113996,660$151,144.100.000%
Ruble3,229,4680.1093352,981$53,529.76 19.543%
HERO1,5221,0461,592,012$241,429.59 -4.035%

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
bitshares-munich532714
btsabc467134
compumatrix124683
sdr23450
digital-nomad218132
jianjolly-017430
bituniverse1736172
stormheart11450
cryptofresh106922
magicw924130
xeroc91111
ebit7924
fav7013

Vote Proxies

This section will track the change in proxy voting

AccountOpinionsFollowersWeight (M)Weight Change (M)
xeroc31216233.9 1.4
bitcrab6673220.6 8.3
still1020795.8 8.8
baozi237055.6 0.4
bitshareseurope036844 29
fav2213139.6 0.4
blckchnd2276124.7 0.3
laomao35424.6 -4.3
openledger2177221.1 8.3
abit4146416.6 -0.4

Active Witnesses

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

RankWitnessVotesMissedMissed W/W
1in.abit 1.6.35 8687072
2witness.yao 1.6.71 783.735553
3openledger-dc 1.6.76 780.560110
4 witness.still 1.6.69 773.89113
5 bhuz 1.6.17 76815704
6xn-delegate 1.6.59 75728181
7roelandp 1.6.74 71627
8blckchnd 1.6.75 713.49023
9 sahkan-bitshares 1.6.73 697.58933
10 rnglab 1.6.45 67620625
11crazybit 1.6.84 675452
12delegate-1.lafona 1.6.28 669.628101
13xeldal 1.6.22 615.32253
14abc123 1.6.65 58712742
15delegate.baozi 1.6.37 570.81470
16 xman 1.6.64 528.316411
17 wackou 1.6.18 517.618431
18 verbaltech2 1.6.34 502.438193
19delegate.freedom 1.6.63 481.448611
20delegate.ihashfury 1.6.26 432.5869
21elmato 1.6.20 418.94269
22 mr.agsexplorer 1.6.24 410.75725
23 fox 1.6.16 3743608
24 cyrano 1.6.21 352.53539
25 delegate-clayop 1.6.27 350.54842

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

RankAccountBalance(inc orders)OrdersChange W/WChange W/W %
1poloniexcoldstorage230,001,2040-0.00%
2poloniexwallet186,193,1280-42,042,032.00 -18.42%
3bitcc-bts-cold81,042,3490-13,000,001.00 -13.82%
4bittrex-deposit54,816,5630-7,056,697.00 -11.41%
5zbbts49,772,73707,921,464.00 18.93%
6binance-bts-137,847,177033,414,057.00 753.74%
7btschbtc28,000,9880-0.00%
8yun-bts24,515,2310-4,365,431.00 -15.12%
9stan15,201,0230-16,597.00 -0.11%
10a2dcdf323a8a576408f62604b17a8a5214,821,43507,355,521.00 98.52%
11jubi-bts14,622,5740-10,013,242.00 -40.65%
12echocold112,847,6560-0.00%
13alexna6412,143,6950-0.00%
14evan10,659,6920-0.00%
15coinegg-main9,652,95008,652,950.00 865.30%
16getch-bts9,533,3590-0.00%
17virtual-ventures9,318,0780-0.00%
18abc.btsbots9,000,04525000-5,500,000.00 -37.93%
19roje8,850,4190-0.00%
20ibilitlan-scoltock8,673,9580-0.00%
21cievia-waugaman7,990,2130-0.00%
22graphene20157,744,4510-0.00%
23bts-subscribe7,667,591092,471.00 1.22%
24invictus7,494,3640-0.00%
25jiny27,438,9840-0.00%
26haeassa-granovsky7,431,9310-0.00%
27cass7,000,020010.00 0.00%
28bts-scotter6,885,207112-0.00%
29abinia-rivard6,550,5630-0.00%
30keebler-kahn6,500,7700-0.00%
31tyrone-shoelaces6,306,0900310,000.00 5.17%
32fericia-brick5,766,6230-0.00%
33btszhqxf5,734,7120-0.00%
34tsuratsura-35575,667,7720-0.00%
35yoyow.team5,579,0490-0.00%
36storj5,547,7260-0.00%
37spring5,482,7040-0.00%
38hnnr85,460,9970-0.00%
39linhan5,425,0950-0.00%
40cadord-ozois5,423,1730-0.00%
41xhunter5,192,0940-0.00%
42jeraud-kanze5,172,6980-0.00%
43btsabc-lclouis3265,101,2880-0.00%
44brother-john5,074,5730-0.00%
45bitcoinindonesia5,014,83001,094,402.00 27.92%
46arbor45,008,5370-0.00%
47geravia-mackinnon4,777,6910-0.00%
48stat-dude4,745,0644478261,392,763.00 41.55%
49ajc144,583,60131337771,274,046.00 38.50%
50oh-bts4,417,0850-0.00%
51xgqing4,351,9030-0.00%
52btsxzzh24,348,4320-0.00%
53quonael-lievesley4,087,2350-0.00%
54coldstorage14,000,0000-0.00%
55super-bts3,999,9900-0.00%
56slim3,946,5540-111,086.00 -2.74%
57wesley-waugaman3,921,0270-0.00%
58serg3,867,3490-0.00%
59livecoin-net3,790,0490111,531.00 3.03%
60goodc0re3,778,2070-0.00%
61zbsend3,764,6030-2,408,263.00 -39.01%
62bts-morning3,761,5230-445,089.00 -10.58%
63jackkang3,482,9380-0.00%
64binance-bitshares-gvbdb84k6h3,465,39902,465,399.00 246.54%
65aex-bts-deposit-wallet3,463,20102,105,050.00 154.99%
66bitspark-deposit3,405,16202,405,162.00 240.52%
67laplap53,341,2710-0.00%
68jaehyuk3,227,0530-0.00%
69bafohald-degeorge3,189,8660-0.00%
70scottmclane3,177,1160-0.00%
71wind-flower3,174,1920-0.00%
72bilbo-baggins3,151,0300-0.00%
73lao-wallet3,140,2420-0.00%
74onceuponatime3,070,6261444131,290,070.00 72.45%
75null-account3,011,9470-0.00%
76billion-hero-prize3,000,0000-0.00%
77tel-9112,909,1360-0.00%
78cny1232,868,56401,868,564.00 186.86%
79kryptobeast072,849,7800-200.00 -0.01%
80the-ae2,849,0630-2,044,380.00 -41.78%
81koocaa2,781,3550-0.00%
82tong-xin2,772,1662772001-0.00%
83ld6364332,771,9830874,979.00 46.12%
84roland.sun2,733,5750-0.00%
85random1232,700,6070-0.00%
86hardfork22,545,4130-0.00%
87chainsquad2,528,0140-0.00%
88thread2,526,0680-0.00%
89aqiang.rmb.send2,522,54502,222,504.00 740.73%
90hodor2,509,8800-0.00%
91dark-angel2,505,7770-0.00%
92mybak2,502,7170-107.00 0.00%
93btercom2,449,1110-0.00%
94dev.bitsharesblocks2,419,6710-0.00%
95wys2,366,9160-758,004.00 -24.26%
96spook2,296,8490-0.00%
97poloniex2,234,2440-0.00%
98nana-roseannadana2,209,9860-0.00%
99yvg19002,201,0370-0.00%
100kedaliwin-tefft2,192,4330-0.00%

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! :)

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Sort Order:  trending

Wow so much great news. For anyone to have the opinion Bitshares is a shit coin they really do have their head in the sand.

·

Bitshares is not a shit coin, it's a hit-coin! Cause its gonna knock all the others right in the **** xD

Dear @steempower the BTS is most promising asset of my portfolio I purchased and averaged in dept and Oct 17 and I made 3 time profits.
Awesome.
Thank you.

Fantastic, let's short some more😎

Why do we get weekly reports with such great details and amazing insights on BTS?

And we see nothing on weekly status of STEEM??

Is that a to obvious question that is answered somewhere else on STEEMIT and I havent been looking in the right place????

An officer of the palace guard says this after the ghost of the dead king appears, walking over the palace walls. Note : “Something is rotten in the state of Denmark” is used to describe corruption or a situation in which something is wrong.

Thanks @steempower for sharing these amazing updates, Bitshares has overtook Steem in terms of market cap.

thanks. this is nice story update..

I got some bitshares, and I have used the site. But using a Bridge to buy BTS is EXPENSIVE. Also the site is pretty complicated.

Thanks for letting us know!

Thanks for info @steempower

I have bought bitshares in Poloniex as many as 0.05 BTC. When prices hit the lowest level this month, 0.00001167 / BTS. Until now I have not sold it. I hope could sale it at the best price later. 😎

I wouldn't know what the technical side of Bitcoin is without people like you dissecting this information and making it understandable.

·

This is Bitshares not bitcoin. Big difference!

Interesting

this post is so long now my eyes is paining ..

Awesome post bro.. i like this

I am intrested your content.

Thanks for sharing this type post..

Really helpful.

Thanks.

nice post

awesome information, thanks for you. :)

post is so long now my eyes is paining hahahah bt Great work, keep it up

what I really liked is that my bitshares deposit address on BTS DEX is my username, it was so easy and fast to move all my shares from polo...highly recommend, just do it ! Feel much safer inside...

@steempower,
The best day of the week just arrived! Excellent summary of weekly BTS information!

Cheers~

very good agenda thank you for the information provided, it will be very helpful greetings @steempower

Tweeted out again for you. Have a good end to the week!

--

--

https://twitter.com/BarryDutton/status/935954939871981568

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Great work, keep it up. Thank you for sharing :)

New to Steemit, new owner of some Bitshares. Very excited to see so much information on these reports. I hope to make it to the hangout Saturday, and look forward to meeting new friends, and have fun doing so. Go BTS!

everyone comments on Steam for the win

Thanks a lot for sharing the news again, namaste :)

This post needs a theme song, like moving on up or started on the bottom now I’m here!

New to cryptocurrency... I been researching bitshares and it looks like it has a promising future. They just need to make it easier for beginners to start up its a bit confusing on how to buy.

Good post! Visit our blog and see the latest news :D Greetings

Hey @steempower that's a Great work keep it up 👌👌

I really like the the protocol upgrade, the performance improvement in the core it's really appreciated!, keep bitshares growing!

Seems like Bitshares is a really nice and fast cryptocurrency compared to the others. I don't get it why it is so less known out there. i Invested 50 € in Bitshares and it has already doubled :-) Let's see what the future brings, the small time for a transaction to be confirmed is a good value for the currency.

Nice...

Long post but I still read it all. Nice post.

😀😀😀 😀😀😀 ⤵⤵⤵
Thank you very much friends,,I like your post,,your post is very nice,,, So you are talented
🌹 🌹 🌹 🌹 🌹 🌹 🌹 🌹 🌹 🌹 🌹 🌹

Congratulations @steempower!
Your post was mentioned in the hit parade in the following category:

  • Pending payout - Ranked 3 with $ 168,8

I keep losing money on bittrex to weird actions. I moved everything to bitshares the other day, and sent some usdt back to my bittrex.

USDT was down without me knowing.
Then Bittrex has removed my ability to withdraw and trade usdt, so that money is probably lost. Would hit up their office if it was too much...

Anyway since coming to this exchange I have done much better and things seem active with healthy levels of random.

I'm happy

Great job analyzing this, good work here OP.

Good post, I am a photographer, it passes for my blog and sees my content, I hope that it should be of your taste, you have my vote :D greetings

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·

Good to have this info! It's not easy for a newbie to get the hang of it :-) I have a question regarding the Openledger account you need to have. For deposit and Withdrawal of fiat you need to register with all kinds of personal info. Is this also needed to deposit or withdrawal btc or other crypto?

·
·

No personal information is needed to withdraw/deposit BTC. Personal information is only for fiat.

Love reading all this updates. Keep up the good work!

thank you so much for informetive post. i like it @eliashossain

Thank you very much @steempower
for your support Your support is very valuable to me ..

Thank for sharing @steempower