Bitshares - State of the Network - 5th September 2017
Welcome to the 51st 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 - 5th September 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.
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A new BHAP (Big Heroic Audacious Projects) has been proposed, Project 'Rebuild Houston' is proposed as one of the projects in the Billion Hero Campaign's and will focus on providing support to the city of Houston which has been devastated by Hurricane Harvey. You can find out more about the project HERE
Bitshares Developer Alfredo has released the first public version of the Bitshares Block Explorer this week! Check out bitshares-explorer.io to see his progress thus far. Alfredo has also mentioned that ongoing development is still in progress.
@roelandp has submitted a worker proposal for shareholder consideration. The Worker Proposal titled:'201709-steemfest' is for sponsorship of the Graphene based Hackathon to be conducted at the 2nd annual SteemFest event in Lisboa (first week of November). The worker proposal is attempting to raise $6666 USD which will be used for prize money as well as organisational costs. If successful Bitshares will have the opportunity to have an introductory talk at the start of the hackathon, a 20 minute session in the main event, being a Focus Chain sponsor on all printed matters and SteemFest related materials and the creativity of up to 60 developers who will create and demo projects at the SteemFest main event. You can see the full proposal HERE.
@michaelx in telegram has hinted at an upcoming sharedrop to Bitshares holders as early as mid September, more details will follow in the coming days as to the project being launched and the sharedrop. To be eligible for the sharedrop users will need to hold their BTS in one of the supported Bitshares wallets (BitsharesDEX, OpenLedger, RuDEX ect..). Funds stored on a centralized exchange will be excluded from the sharedrop (because in reality the exchange owns your Bitshares; you, their customer just owns a promissory note). Stay tuned to @stan and the Bitshares Twitter account for more information.
Beyond Bitcoin Bitshares Hangouts have changed days to Saturday at 1PM UTC more information HERE
The first Bitshare UI Sprint has been completed with a total of 9 developers closing 21 issues and being paid $150 per hour for their efforts. @billbutler has released an announcement outlining the new features included in the latest GUI version(2.0.170830). You can find more information about the sprint and the release of the new version HERE or download the latest version HERE
Stan Larimer, Dylan Howard and Michael Taggart have done an interview this week with Ernest Hancock from Freedom Phenoix accompanied by Davi Barker from Bitcoin not Bombs. The no nonsense uncut interview, has less fluff and more details than a typical interview. You can find the interview HERE
Ronny Boesing (CEO of OpenLedger) has announced the Buy back and burn operation for OBITS this week resulting in 303,000 bts being used to buy back and burn of 35,651 OBITS as well as 303,000 BTS in bitUSD being distributed to 1,909 OBITS holders. ICOO also did its distribution this week resulting in 7.02 BTC being distributed to 645 ICOO holders.
According to their previous commitments @blockchained announced the launch of their next gateway for a Graphene based blockchain this time it is for GOLOS and GBG. As with other gateways for Graphene based chains this one comes with 0% market fees. You can find more information in their announcement HERE
@stan Larimer has done an interview with Todd Horwitz from 'The Bubba Show' featured on the LibertyTalk FM network; The interview covers the complementary role of Bitcoin and BitShares in forming a new global financial system, honest money and a level playing field. You can listen to the podcast HERE
OCASH has been mentioned in a nasdaq article titled 'Cryptocurrency Debit Cards Bridging The Virtual And Real World'. OCASH crypto card will allow token holders to use Stablecoins (SmartCoins), including bitUSD, bitEUR, bitGBP, Rubles and other OpenLedger tokens such as OBITS to purchase items anywhere. You can read the full article HERE
@michaelx has published an article titled 'Smart Investment for the Middle Class: BitShares' on huffington post which expands on the future potential of Bitshares as an investment opportunity. You can read the full article HERE
The team from YOYOW have announced that the YOYOW tokens have been listed on the Binance Exchange and they have launched a international YOYOW Wechat group. Find out more HERE
John Gotts of Stokens.com and Michael Taggart of Bitshares have done and interview with Richard Jacobs from Future Tech Podcast discussing the coming SEC crackdown and the creation of the self-regulating body, called TXSRB.org (Token Exchange Self Regulating Body) that hopes to ‘fix’ broken or non compliant blockchain asset companies that may be headed for legal trouble. You can listen to the podcast HERE
Bitshares witness 'verbaltech2' has published his monthly witness report. you can view the update HERE
This week has seen a new witness fly up the ranks into active service; 'crazybit' (owner of https://bitasset.info) has recieved a large amount of shareholder votes this week and has been elected as witnesses for the chain. It also looks like this account has been used for referral testing recently suggesting that this account may have an announcement in the future relating to a new service or business based on the Bitshares network.
@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 recipients of the token giveaway.
This weeks Bitshares hangout recording has been published and is available HERE
Current registered wallets/accounts within the Bitshares network is 397667; an increase of 3513 wallets/accounts since last week
The last asset registered this week is asset #1650 and it is named 'CCCATCOIN' registered by 'tiramisutimmy891301' with the description 'cccatcoin will be used to show the flow in cccat'
Smartcoin issuance chart showing weekly change since the start of 2017
Token Exchange Self-Regulating Body - Clean Token List
Sneak-peak of the Door.one Exchange on a mobile device
Have you claimed your FREE Billion Hero Coins? -> Click HERE and get notified.
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 in Open Orders (DEX - T250)||4266934.83||964,972.00||29.22%|
|RP Accumulated fees||59,922||-1,087.00||-1.78%|
|Collateral (top 250) backing Smartcoins||429646867||6,420,574.00||1.52%|
|Top 100 Total||1,506,184,464||-13,647,754.00||-0.90%|
|Top 100 - minus Exchanges||412,666,355||10,262,058.00||2.55%|
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.
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|
This section will identify the current approved and pending worker proposals
- Alfredo Garcia - Core Development for Second half of 2017
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
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|
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.
This section will track the change in proxy voting
|Account||Opinions||Followers||Weight (M)||Weight Change (M)|
This section will track shareholder approval of committee members
|Account||Votes (M)||Votes Change (M)|
This section will track top 25 active witnesses and the changes in support
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(inc orders)||Orders||Change W/W||Change W/W %|
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