Bitshares - State of the Network - 6th March 2018

in bitshares •  last year 


Welcome to the 76th 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 - 6th March 2018

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.

  • @fox has announced the release of the official Bitshares Core Developer worker proposal on the Bitshares network. This worker proposal named '201803-bitshares-core' is now live and the community can cast their vote within the Bitshares wallets. I am happy to report that within this week support has pushed this worker into being actively funded (your votes are still required if you want to ensure this team is well supported into the future). Find more information HERE

  • AEX exchange (formally known as BTC38) has announced that they have issued GAT (Global AEX Token) on the Bitshares blockchain. GAT is similar to Binance's BNB token and can be used as transaction fees or used for voting on new coins listings; AEX will also use a percentage of the exchange income to buy back GAT tokens from the market. Gat tokens will be distributed via a daily airdrop (that needs to be claimed each day) to BTC, BTS, ETH, LTC and NSS tokens holder on the exchange. More information HERE

  • A new team of application developers has made themselves known to the community this week with the release of the email-notifier for BitShares DEX. The Notifier allows Bitshares users to subscribe to email alert for account changes such as Transfers, Fill Order execution, or, soon, breach of collateral ratio. The code for the notifier is open source and there are instructions available to run the service on your own node; alternatively the team is offering the service to the community for 50 BTS per user for a lifetime subscription. The team have also confirmed, that it's building a wallet application (named Trusty) on top of BitShares, and they plan to also open-source the SDK framework used. You can find the source code and information to run the service or subscribe to their service HERE. Keep an eye out for this team on upcoming Beyond Bitcoin / Bitshares talk hangouts. If you want to get in contact with this team you can reach them via the telegram account @trustyarm.

  • The BitShares Blockchain Foundation (@bitshares.fdn) has released a post that provide some insight to the complexities of listing with exchanges in today's legal focused landscape. The article also expands on advice from the legal counsel and their recommendations to ensure that Bitshares has the best chance and navigating the legal framework. They also touch on the accounting process and issues with the website bitshares.org. This is a long article but it is a great read to get an idea of the work being performed by the foundation in the background. Find full details HERE

  • The BitShares Blockchain Foundation (@bitshares.fdn) have requested that BTS holders consider seven BitShares Improvement Proposal (BSIP) proposed by the Bitshares Core Developer (BSIP-0030 - BSIP-0037) focused on improvements to the BitShares protocol. The BSIP's are proposed as worker proposal and available to be voted on with the Bitshares wallets. You can see a full list of the BSIP's HERE and find the announcement HERE

  • @cm-steem has announced that Hertz is now live on the Bitshares DEX. Hertz is an Algorithm Based Asset which is pegged to the USD, backed by BTS and has its price feed modified to oscillate using a sine wave with 14% amplitude and a 28 day period resulting in a settlement price range fluctuations between $0.86 and $1.14 depending on the current cycle position. More info HERE

  • @full-steem-ahead / Verbaltech2 has released his monthly Witness report which includes details of new hardware on order, resource usage on currently nodes and updates on price feeds being delivered. See the full report HERE

  • @agorise has been running some incentives programs for starting up Cryptocurrency related meetups in your local city. The latest giveaway has up to 1000 BTS reward for starting your meetup before the 29th of March. More info HERE

  • 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

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

  • Current registered wallets/accounts within the Bitshares network is 791395; an increase of 16479 wallets/accounts since last week

Smartcoin issuance chart showing weekly change since the start of 2017

Number of accounts holding BTS (off exchanges)

Amber, Michael and Stan at The Conscious Media Festival Opening Party

Graphene blockchains accounting for 66.8% of active transaction as reported by http://blocktivity.info/


Beyond Bitcoin - Bitshares Talk - 3rd March 2018 - source

Bits.Farm - The First Bitshares based game - Claim your Free Tokens HERE

BITFARM, The first Bitshares based simulation game is about to launch. Bits.Farm is a farming simulation game that runs entirely on the Bitshares network. There is no ICO, no crowdsale only a free airdrop. Claim your FREE BitFarm tokens HERE all you need is a Bitshares account and access to telegram!. Official announcement HERE

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 Supply2,610,002,334 425,702.000.02%
BTS Stealth287,724 85.000.03%
BTS in Open Orders (DEX - T250)13043219 -3,058,304.00-18.99%
Reserve Pool990570820 -425,702.00-0.04%
RP Accumulated fees37401-0.00%
Collateral (top 250) backing Smartcoins426119550 9,086,673.002.18%
Top 100 Total1,488,732,496 30,468,017.682.09%
Top 100 - minus Exchanges715,850,964 3,214,140.680.45%
Exchanges772,881,532 27,253,877.003.66%
Non Exchanges1,837,120,802 -26,828,175.00-1.44%

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
BTC0.000018920.213616720,743,010.264,431,053.4557.9450.2%
BITCNY1.380.227,203,499.691,583,647.2220.1%34.0%
USDT0.216753660.216761365,997,101.701,299,939.9316.8%-60.2%
ETH0.000256980.217811811,689,380367,966.894.7%-1.6%

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 Bridge.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
BTS2,610,002,3340.216562,771,078$562,771,078.36 0.016%
BTS Stealth287,7240.21662,039$62,039.31 0.030%
Reserve Pool990,570,8200.216213,587,782$213,587,781.63 -0.043%
Accumulated fees37,4010.2168,064$8,064.440.000%
BitUSD14,697,9714.6167,757,646$14,609,965.36 1.690%
BitCNY226,954,9190.727164,996,226$35,576,636.42 2.062%
BitEUR125,6525.7716,216$154,431.23 -5.560%
BitBTC4252,0782,187,276$471,622.440.000%
BitGold1946,0841,180,296$254,496.500.000%
BitSilver21,94776.11,670,167$360,122.860.000%
Ruble5,676,9130.0814462,101$99,638.58 0.724%
HERO1,298745967,010$208,507.58 -0.992%

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
btsabc582155
bitshares-munich54726
bituniverse446775
compumatrix125762
digital-nomad249510
sdr23811
cryptofresh181221
jianjolly-017430
magicw163811
bcp201711901
stormheart11460
estefantt11129
by24seven104512

Vote Proxies

This section will track the change in proxy voting

AccountOpinionsFollowersWeight (M)Weight Change (M)
bitcrab7092186.7 3.6
xeroc50213150.3 -0.5
openledger479108148.6 -5.8
michaelx6111386.1 0.5
still9435461.7 0.4
blckchnd45156147.4 0.2
fav3216727.1 0.1
abit6774925.60
baozi306114.3 -0.7
payger21912.10

Committee Members

This section will track shareholder approval of committee members

AccountVotes (M)Votes Change (M)
abit831 -4.3
bitcrab794.1 -4.9
bhuz634.3 -3.5
witness.still599.8 -4.7
ebit587.2 -3.5
bunkerchainlabs-com574.8 3.3
xeroc538.5 2
openledgerdc537.1 -1.6
clockwork465.4 115.4
fav426.5 -2.3
chris4210418.6 -0.4

Active Witnesses

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

RankWitnessVotesMissedMissed W/W
1in.abit 1.6.35 875.67264
2bhuz 1.6.17 786.715961
3roelandp 1.6.74 781.1514
4 delegate-zhaomu 1.6.98 770.361422
5 witness.yao 1.6.71 769.635723
6 witness.still 1.6.69 768.5926421
7 delegate-1.lafona 1.6.28 750.644231
8 xn-delegate 1.6.59 749.428641
9xeldal 1.6.22 74322977
10abc123 1.6.65 675.113145
11xman 1.6.64 648.416966
12verbaltech2 1.6.34 600.6395841
13rnglab 1.6.45 597.421226
14delegate.freedom 1.6.63 580.448967
15fox 1.6.16 57641552
16sahkan-bitshares 1.6.73 566.1126014
17crazybit 1.6.84 564.751618
18elmato 1.6.20556.3435010
19openledger-dc 1.6.76 537.56606
20 witness.hiblockchain 1.6.105 489.91515
21 blckchnd 1.6.75444.7960
22 winex.witness 1.6.101 435.3622621
23 wackou 1.6.18 429.51882
24delegate.taolje 1.6.38 404.84771
25billbutler-witness 1.6.92 382.6478

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

RankAccountTotal BTSChange W/WChange W/W %
1poloniexwallet281,695,148551,802.00 0.20%
2binance-cold-1114,787,664-0.00%
3zbchubei01100,010,08940,009,999.00 66.68%
4bitcc-bts-cold98,750,98056,000,010.00 130.99%
5binance-bitshares-gvbdb84k6h75,269,080-6,321,826.00 -7.75%
6delta-lion75,134,133-0.00%
7gamma-rabbit63,822,581-0.00%
8alpha-dog36,795,3214,493,764.32 13.91%
9zbbts29,331,527-62,540,104.00 -68.07%
10bittrex-deposit23,306,048-397,127.00 -1.68%
11ranchorelaxo201721,769,774-0.00%
12abit20,092,51111,000.00 0.05%
13btschbtc17,000,984-0.00%
14stan15,470,943-0.00%
15gate-io-bts15,277,362-53,391.00 -0.35%
16jubi-bts14,591,906-0.00%
17ld63643312,920,027-0.00%
18a2dcdf323a8a576408f62604b17a8a5212,812,722-2,546,409.00 -16.58%
19alexna6412,143,695-0.00%
20aloha11,826,827-0.00%
21anonymous11,212,516-0.00%
22echocold111,097,651-0.00%
23yun-bts11,087,898-48,877.00 -0.44%
24evan10,659,692-0.00%
25graphene20159,834,252-32,380.00 -0.33%
26btsbank-alpha9,800,013248,548.78 2.60%
27getch-bts9,535,172-0.00%
28virtual-ventures9,153,485-0.00%
29yoyow.team8,876,484-0.00%
30bts-subscribe8,683,307-91.00 0.00%
31ibilitlan-scoltock8,673,958-0.00%
32onceuponatime8,419,493-222,100.00 -2.57%
33roje8,040,409-0.00%
34cievia-waugaman7,990,214-0.00%
35mr-wang7,856,959-0.00%
36invictus7,494,364-0.00%
37jiny27,438,984-0.00%
38haeassa-granovsky7,431,931-0.00%
39btercom7,050,208-0.00%
40denkhaus7,013,161157,232.00 2.29%
41enki6,937,9641,725,063.00 33.09%
42cass6,737,585-0.00%
43abinia-rivard6,550,563-0.00%
44keebler-kahn6,500,770-0.00%
45tyrone-shoelaces6,498,541-0.00%
46tsuratsura-35576,395,199-0.00%
47bristolbay5,877,065-6,586.34 -0.11%
48adidas.com5,873,63344.40 0.00%
49bts-morning5,860,639-0.00%
50fericia-brick5,766,623-0.00%
51btszhqxf5,734,712-0.00%
52spring5,560,779-0.00%
53hnnr85,460,998-0.00%
54cadord-ozois5,423,173-0.00%
55storj5,412,277-0.00%
56xhunter5,192,094-0.00%
57jeraud-kanze5,172,698-0.00%
58tel-9115,065,051-334,983.00 -6.20%
59bitcoinindonesia4,975,950-229,929.00 -4.42%
60rvrts4,967,8814,248.00 0.09%
61linhan4,824,288-0.00%
62geravia-mackinnon4,777,691-0.00%
63brother-john4,612,086-0.00%
64aex-bts-deposit-wallet4,454,6682,868,525.00 180.85%
65xgqing4,351,903-0.00%
66btsxzzh24,348,432-0.00%
67seer4,211,794-2,000.00 -0.05%
68ptschina4,114,442-0.00%
69quonael-lievesley4,087,235-0.00%
70coldstorage14,000,000-0.00%
71oh-bts4,000,000-0.00%
72super-bts3,999,990-0.00%
73slim3,938,098-1,000.00 -0.03%
74wesley-waugaman3,921,027-0.00%
75ifly3,904,917-0.00%
76serg3,867,349-0.00%
77goodc0re3,781,249-0.00%
78ak-9993,465,04372,070.42 2.12%
79lyh-20123,440,74985,848.00 2.56%
80livecoin-net3,375,866-21,546.00 -0.63%
81peak-yannie3,333,334-0.00%
82bts19983,247,078583,027.90 21.89%
83y-1233,232,649-0.00%
84bafohald-degeorge3,189,866-0.00%
85scottmclane3,177,116-0.00%
86bilbo-baggins3,151,030-0.00%
87lao-wallet3,140,242-0.00%
88cylonmaker20533,135,503-0.00%
89aleks3,053,7181,242.00 0.04%
90austintexas113,045,250-0.00%
91makkiavelli19773,043,023-0.00%
92null-account3,011,947-0.00%
93mcxcwbts3,000,686-0.00%
94billion-hero-prize3,000,000-0.00%
95babydragon2,991,219-12,011.00 -0.40%
96btsshr2,944,365-25,419.00 -0.86%
97roland.sun2,923,130-0.00%
98jackkang2,860,941-0.00%
99teiva2,829,976-0.00%
100backup.yao2,820,928-0.00%

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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It is really fascinating to see how Steem leads the Transaction cake by such a great margin. It gives such a strong hint towards Steemit's bright future. I clearly see how Steemit will have absolutely skyrocketed!

·

Great tech with a low barrier to entry makes for a great example of scaleablity for the industry

I'm always happy to see these reports each week.

It's a fantastic way to get an idea of what's been going on in the BitShares community.

Thank you so much for taking the time to organize all of this.

·

Thank King! Appreciate the kind words

It is an excellent digital currency and is currently suitable for my storage where I will buy more than 10k
Just store it and you will get me fantastic numbers and talk well. You may become a millionaire because of this currency. It is a golden chance opportunity
Which since its inception has sought to create a different entity from bitcoin based on the trading process and another example of the encrypted digital currency BitShares, which has described itself since it was issued as the fair alternative alternative to "Wall Street", which uses the protocol "Ripple" is used to complete the process between (Ltc) is quite similar to Bitcoin, but only takes advantage of Bitcoin 's book chain, to secure its trading - based systems such as CounterParty,
Consider my words and be ashamed before you repent
Thank you sir for the excellent article very much excellent coin grateful to you for the valuable information sir. @steempower

Great work, thanks for including Hertz in your report 👍

Still seeking additional price feed publishers if any of the pre-approved price feed publishers are interested!


It's an excellent coin for me and I wish her luck
Stability of the currency "bitshares" in the market:
This currency has the advantages of "bitcoin" and it is also able to maintain a price tie with the adoption of the alliance with international currencies.
It also has an incredibly high utility that is commensurate with the trade.
All of this has been achieved in Bitshares, thanks to which stable assets have been reached in the market.
Smart currencies will be displayed as a source available to everyone through the slow, tight and frequent banking system.
The commonly used and commonly used currency pairs will enable trade decision making with ease and ease, and will also reduce the need for capital gains account and losses in fixed assets to determine the extent to which taxes are subject to taxation.
Thanks for sharing the information

Steemit that continue to move toward rapid progress. Leaving important information like this, unfortunately unfortunately. We look forward to the next post @steempower
1447762361492_1.jpg

your pots is very beautiful and thankyou form sharing about you me aposts thankful to you @steempower

Really Interesting Updates, @steempower

Hi Sir It's really amazing that most of my attention is distracted by its advantages
The most important feature of the currency "Bitshares" are:

Performance and progression:
The platform is capable of handling 100,000 transactions in a second and more with minimum optimization.
The decentralized asset market allows users to trade in a fully decentralized exchange.
Dynamic account permissions All accounts on the platform can be set up to be controlled by different accounts, which reflects the hierarchy of permissions in real life organizations, where money can be controlled by several people and this hierarchical control of funds creates a less vulnerable environment for theft or piracy .
Bonus Program: Blochen has a built-in referral program that provides incentives for users to bring new people to the platform and increasing the amount of users strengthens the security of the entire network and increases its market value.
User-issued assets: Users on Bitshares are able to create their own custom codes eg enhance their business and facilitate group financing for startup.
Screenshot_2018-03-08-12-33-44-01.png
Direct your image from https://coinmarketcap.com
This price is $ 0.19 nothing for her will achieve in 100 times in the future it's very distinctive
Greetings, sir, I love this very much

This is a remarkable development hopefully steem will lead in the future with greater strength, thanks for sharing information about so good.

Great post @steempower. It is good to know that lot of things are happening in BTS.

  ·  last year (edited)

Very informative and detailed reports @steempower about bitshares at least everyone will know how bitshares is it going. I love the article contributed with all the informations and updates around the world about bitshares. Thank you for sharing to us.

It is a very complex market for me and difficult to understand, I am starting, but this information is very valuable

Soon the bitshare and crypotocurrency is the future for youngster and officials are doing the fab job for the community
Amber stan and micheal are looking gorgious
And in the last you are going great sir
Great analysis like every week
Keep going sir

I follow you follow me please. And I upvote you everyday @underworld24

Thank
you

Thank you atas pemberitahuannya good jop

Very amazing, hopefully steemit always in front and always skyrocketed :)

Thanks for your valuable and informative post.
We can gather a lot of information by your post.
By dint of we can increase our skill that is beneficial for all steemians.
I will always visit your site & wait for your upcoming post.
Thanks .
@Resteem done.

I hope what you do good luck, only prayer that I can give to you, I really do not understand about the trend .. Thank you very much for all the support and goodness that you give ..

Thanks for the definitive overview, I haven't done much research on Bitshares. Certainly looks interesting, going to check it out.

Thanks again.

Love research and data and your dedication to bring it to us

Once again thanks for the reports! Im making audio segments which are cut out from the whole hangout, Id love to see you give a more in depth chat about the weekly state of the network reports so i could cut a segment out for you as well. Cheers apreciate you.

I Love this post.

Thanks for the updates, would be possible to include some info about the different margin calls that are going on?

Like: what was the lowest price, how many bts changed hands, when did they happen. I always follow them with big interest and try to understand how they affect the entire market as such.

Congratulations @steempower, this post is the ninth most rewarded post (based on pending payouts) in the last 12 hours written by a Superhero or Legend account holder (accounts hold greater than 100 Mega Vests). The total number of posts by Superhero and Legend account holders during this period was 53 and the total pending payments to posts in these categories was $3473.15. To see the full list of highest paid posts across all accounts categories, click here.

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Sooo much information! Looking to enter into the BTS market but wondering why the price has been declining lately? Looks like it could offer a nice entry point at current prices but still hesitant on the future price outlook at the moment.

Thanks for the report, anyone seeing the across the board crash at the moment? What's causing this? .15 is the lowest I've seen bts since I've been on platform and it's affecting every asset I track.

Wow, the more the steemit community has made it easier

from your blog it is clearly see that the future of stemm is really bright.thanks for sharing this blog with us

it's great work

It is remarkable how to steem with one extraordinary mission with enormous prospects.to be the motivation of all steemit loyal friends, so be inspiring a strong and solid future.