Bitshares - State of the Network - 30th October 2016

Welcome to the 8th 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 - 30th October 2016

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 am changing to include one new metric and also a small change to the structure; from now on the observations will be listed at the top and i will also include a chart showing the revenue/expenses of the reserve pool.

Observation from this week

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

• Less than 1 week until the 'merger' social contract is complete!!; the current social contract has been in place for the last 2 years so it will definitely be a time to celebrate - find out what i am talking about HERE

• @svk has just released version 2.0.161031 of the Bitshares light client including some cosmetic fixes, a few updates and bug fixes; check out the change log and download the latest version HERE

• Bitshares user 'pc' has drafted a BSIP (Bitshares Improvement Proposal) to make changes at the protocol level to enable the revival of 'Black Swan' Market Pegged Assets and completed Prediction Markets details can be found HERE and discussions can be found HERE

• Bitshares user 'alt' has created an android based Bitshares wallet (btsbot wallet) with a market making bot built in; at the moment the bot only trades CNY/BTS with a limit of 10 CNY per order; you can find more details HERE

• Peerplays testnet has been updated, with changes coming to the GUI and updated genesis block which includes BTS held in open orders when the snapshot happened.

• @chris4210 is developing a new webpage for bitshares.org see his progress and leave your feedback HERE

• Obits voting ends tonight; if you are an obits holder and have not voted make sure to check out the page linked HERE and make your vote count; this is true decentralized governance at its best.

• Beyond the Void has announced their ICO crowd sale starting on the 1st of November; ICO will be conducted primarily in ETH and the amount of NXC will decrease in stages as normal with ICO for more details please see HERE due to the partnership with OpenLedger you can find a special link which will allow sale in Bitshares with a 5% bonus HERE

• Orders on the Bitshares DEX from Top 100 holders has increase w/w by 9.12%

• Top 100 Bitshares holders have increased w/w by 1.29%

• Exchange balances have increased w/w by 2.7%

• BTC38 has seen another large jump in its holdings making the gap between it and poloniex even smaller, at this rate we might have a new leader in terms of exchanges in only a few short weeks, 23 Million shares is all that separates these 2 giants.

• The last asset registered this week is asset #1183 and is named 'GAME' registered by 'enter'

• enter has continued his rampage of name registrations, still registering 3 letter user names; This guy is up to something!!, IMHO these names are not for name squatting; he has also registered a lot of assets; the most recent of which 'GAME' is a lot more expensive than you average 5 letter asset. looking forward to hearing what he is building although i feel like we will not get official statement until his completed his acquisition.

• Fun Casino has taken a 22 BTC overall loss this week off the back of a major winner of 17 BTC as a result their will be no distribution to FUNC holders this 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	2,575,442,875	144,892.00	0.0056259%
BTS Stealth	258,934	-	0.00%
BTS in Open Orders (DEX)	44506304.35	-335,098.94	-0.75%
Reserve Pool	1,025,130,121	-144,892.00	-0.0141340%
RP Accumulated fees	17,391	-	0.00%
Collateral (top 250) backing Smartcoins	271,145,249	1,931,966.00	0.71%
Top 100 Total	1,340,253,766	17,026,230.13	1.27%
Top 100 - minus Exchanges	525,115,870	-4,194,280.17	-0.80%
Exchanges	815,137,895	21,220,510.29	2.60%
Non Exchanges	1,760,304,980	-21,075,618.29	-1.20%

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 expense and a negative number means a W/W profit; 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	0.00000591	0.00422459	16,461,331.04	69,542.42	72.9957	159.17%
CNY	0.02842446	0.00419432	6,089,766.37	25,542.43	27.0043	98.65%
USD	0.0039989	0.0039989	0	0	0
EUR	0.00289333	0.00318719	0	0	0
NXT	0.297	0.00365697	0	0	0

Worker Proposals

This section will identify the current approved and pending worker proposals

Active Worker:

• Refund worker - returns unspent budget to the reserve pool
• Chronos Crypto - for the creation of educational youtube videos

Proposed Worker

• 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 PEERPLAYS, CNY and BLOCKPAY

Smartcoins

This sections seeks to analyse the current supply and market capitalisation of the Bitshares Smartcoins. We also look at the most active trading pairs of each asset and provide a 1yr view of the price and market cap of each Smart coin.

Asset	Supply	Price	Market Cap BTS	Market Cap USD	Supply Change W/W
BTS	2,575,442,875	0.00421642	2,575,442,875	$10,859,148.85	0.0056259%
BTS Stealth	258,934	0.00421642	258,934	$1,091.77	0.00%
Reserve Pool	1,025,130,121	0.00421642	1,025,130,121	$4,322,379.14	-0.0141340%
RP Accumulated fees	17,391	0.00421642	17,391	$73.33	0.00%
BitUSD	113,686	238	27,057,268	$134,271.42	2.29%
BitCNY	1,938,401	35.2	68,231,715	$338,599.20	7.07%
BitEUR	5,703	263	1,499,889	$7,443.18	3.38%
BitBTC	52	168,930	8,784,360	$43,592.30	6.43%
BitGold	11.02	315,403	3,475,741	$17,248.33	4.00%
BitSilver	928	4,433	4,113,824	$20,414.81	11.72%

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	1759	18
compumatrix1	1616	0
openledger	514	0
btsabc	351	1
fav	311	0
cryptofresh	263	1
ccm2015	218	0
gn1	212	0
cryptocurrency3	152	0
by24seven	131	0
cat-ch	119	0
ebit	92	0
sdr	77	0
kc007	74	0

Vote Proxies

This section will track the change in proxy voting

Account	Opinions	Followers	Weight (M)	Weight Change (M)
xeroc	35	132	166.5	0.2
bitcrab	36	21	98.1	-0.6
baozi	30	51	78	-0.7
laomao	42	4	45.5	1.3
angel	53	6	16.3	-0.8
harvey	59	4	16.1	-0.2
yao	57	34	15.1	0.1
bytemaster	38	33	11.6	0
fav	23	31	10.7	0
baicai	49	4	10.6	0

Committee Members

This section will track shareholder approval of committee members

Account	Votes (M)	Votes Change (M)
bitcrab	566	-0.1
clayop	521.5	-0.1
bhuz	489.4	-0.1
bitcube	460.6	-0.1
abit	451.5	-0.1
xeroc	441.5	-0.1
dele-puppy	406.5	-0.1
ebit	329.2	0
chris4210	326.6	-0.1
bunkerchainlabs-com	315.4	-0.1
harvey-xts	196.1	0

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	btc38-public-for-bts-cold	267419115	0	-	0.00%
3	btc38-btsx-octo-72722	75998563.3	0	15,689,627.01	26.02%
4	poloniexwallet	75358948.38	0	5,438,351.77	7.78%
5	yunbi-cold-wallet	35003434.68	0	-	0.00%
6	pr1modiaprile	24999291.42	0	-	0.00%
7	blocktrades	22616259.8	6722.16862	1,330,542.19	6.25%
8	btercom	22049119.99	0	-	0.00%
9	bittrex-deposit	20253452.44	0	-784,433.35	-3.73%
10	cass	19069543.27	0	-	0.00%
11	tsuratsura-3557	19040059.37	0	-	0.00%
12	alohacs	16855553.92	0	-	0.00%
13	duecastori2014	15012375.91	1692973.487	-186,026.66	-1.22%
14	evan	12118147.13	0	-	0.00%
15	maemon-personal	11089852.66	0	-183.05	0.00%
16	mcxcwbts	10818456.61	0	-	0.00%
17	bitshares-munich-wallet	10629433.74	0	-2.82	0.00%
18	crypto-maniac	10597469.97	0	-	0.00%
19	angel	10455195.83	0	-	0.00%
20	funnycat-air	9993208.56	9992999	1.22	0.00%
21	jiny2	9826741.689	0	-	0.00%
22	hnnr8	9462605.989	0	-	0.00%
23	suyuekuangcheng666	8760385.289	7144200	-	0.00%
24	ccedk.escrow2	8620314.83	0	-	0.00%
25	roje	8573322.113	0	-	0.00%
26	cievia-waugaman	7990212.567	0	-	0.00%
27	transres	7644278.21	263123.2731	-2,798.30	-0.04%
28	bc-godpay	7563433.058	0	-	0.00%
29	pay.xeroc	7390384.244	0	-	0.00%
30	virtual-ventures	7274635.746	0	-	0.00%
31	yun-bts	6493328.871	0	121,052.58	1.90%
32	bterdeposit	6437798.739	0	-453,577.33	-6.58%
33	abinia-rivard	6348090.413	0	-	0.00%
34	goldsix	6050400.848	0	-	0.00%
35	ubris	5999999.845	0	-	0.00%
36	btszhqxf	5734710.5	0	-	0.00%
37	graphene2015	5627787.697	0	-	0.00%
38	linhan	5425093.721	0	-	0.00%
39	dev.bitsharesblocks	5415910.293	450522.0174	-	0.00%
40	coldstorage1	5350000	0	-	0.00%
41	bristolbay	5325002.672	0	-	0.00%
42	miso69	5324070.577	0	-	0.00%
43	lzr1900	5292613.214	0	-	0.00%
44	cadord-ozois	5254556.413	0	-	0.00%
45	xhunter	5233237.27	0	-	0.00%
46	cnfund	5162203.571	0	-	0.00%
47	laow	5057707.821	0	-	0.00%
48	networker2014	5035407.978	0	-	0.00%
49	bitcrab	5024008.014	0	-	0.00%
50	roland.sun	5022491.809	0	-	0.00%
51	mybak	4709246.334	0	-	0.00%
52	bts88	4527532	0	-	0.00%
53	impseu1	4432045.44	0	-	0.00%
54	btsxzzh2	4348431.46	0	-	0.00%
55	harvey	4337614.493	36239.65001	1,143,417.25	35.80%
56	stan	4195778.526	0	-	0.00%
57	slim	4100811.632	0	-	0.00%
58	trans.bot	4098532.503	105166.4066	1,273,846.93	45.10%
59	lambda1	4047823.059	0	-	0.00%
60	freedom35	3962201.789	0	-	0.00%
61	hermes3	3832194.901	0	-	0.00%
62	freehawk	3811954.361	0	-	0.00%
63	elendasa-benjamin	3785674.178	0	-	0.00%
64	bunkerchainlabs-com	3776678.693	0	-	0.00%
65	wys	3706185.413	0	-	0.00%
66	ironbank	3646387.404	8000	-	0.00%
67	jaehyuk	3627054.384	0	-	0.00%
68	mike-primorac	3479329.453	0	-	0.00%
69	koocaa	3453196.418	0	-	0.00%
70	btsxcn	3376400.917	0	-	0.00%
71	tomo	3353778.54	0	353,776.74	11.79%
72	tomotomo1	3332277.428	0	-	0.00%
73	scottmclane	3251127.476	0	-	0.00%
74	chryspano	3200097.451	0	-	0.00%
75	btsxking	3194696.539	593691.3612	-439,123.40	-12.08%
76	flyingmind2	3186965.429	0	841,978.90	35.91%
77	ags	3168560.079	0	-	0.00%
78	sauron	3138969.866	0	-	0.00%
79	bafohald-degeorge	3114896.581	0	-	0.00%
80	cissy	3108148.483	10000	-	0.00%
81	kimziv0	3050290.2	0	-	0.00%
82	onceuponatime	3013448.36	10950	-310,824.71	-9.35%
83	null-account	3011942.766	0	33,333.33	1.12%
84	spring	3001566.658	10000	-	0.00%
85	profoot	3000002.391	0	-	0.00%
86	anonym7	2972988.998	0	-	0.00%
87	sk	2972367.465	0	-	0.00%
88	teiva	2949468.355	1038871.108	698,871.11	31.05%
89	ccddd	2800000	0	-	0.00%
90	mostar	2798992.092	0	-	0.00%
91	bang-king	2770411.384	38000	-0.31	0.00%
92	gaba	2741233.742	0	-	0.00%
93	nathan	2657576.225	0	-	0.00%
94	operations.hyperetas	2626602.474	0	-	0.00%
95	riverhead	2617943.17	0	-	0.00%
96	thread	2614339.829	0	-	0.00%
97	rand1	2586346.83	0	-	0.00%
98	kan791	2569361.488	0	-	0.00%
99	dragongroup	2549459.689	0	-	0.00%
100	hardfork2	2545413.479	0	-	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! :)