Welcome to the 83rd 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 - 15th May 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 testnet 2.0.180510 this week. This new testnet version has a hardfork flag date coded for Saturday, 19 May 2018 13:58:00 UTC. This new release includes 12 BSIPs, 6 consensus impacting bug fixes and many additional enhancements which are detailed HERE. You can also join the discussion on the testnet thread on the Bitshares Talk Forum
This week within a single 24hr period, BitShares mainnet broke is old record by processing 1,598,882 transactions, which averages to roughly 18.5 transactions per second (TPS). Currently, the BitShares blockchain ranks second behind Steem, which holds the record for 2,068,341 transactions within 24 hours (23.9 TPS).
A new version of the Bitshares reference wallet has been released this week. Bitshares-UI Version 2.0.180512 has been released this week. This update contains some new features and some bug fixes. Find the change log and download for the new wallet HERE
@Stan Larimer and @Michaelx Taggart have been working with Sean Worthington the founder of Cloudcoin in relation to synergies between Cloudcoin and the Bitshares blockchain. Checkout the interview between Connie, Stan and Sean HERE
@steempowerpics has dug into the archive this week and presented a Beyond Bitcoin session hosted by @officialfuzzy with @Dan Larimer as the guest speaker; This audio is from 4 years ago (May 3rd 2014) when the launch of the Bitshares XT blockchain testnet was just getting started. For those that don't know these early hangouts Dan Larimer would give weekly updates to the community in a town hall style discussion that would allow for anyone to connect up and ask questions related to the project. Find the first youtube video in his historical series HERE.
@Michaelx has published 'The Definitive Quintric FAQ: The Legal Tender Blockchain Based Monetary System'. You can find the guide 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 927202; an increase of 17686 wallets/accounts since last week
Smartcoin issuance chart showing weekly change since the start of 2017
Number of accounts holding BTS (off exchanges)
Beyond Bitcoin - Bitshares Talk - 12th May 2018 - source
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 | 2,624,618,009 |  1,801,476.00 | 0.07% |
| BTS Stealth | 285,070 | 5.00 | 0.00% |
| BTS in Open Orders (DEX - T250) | 11121799 | 842,201.60 | 8.19% |
| Reserve Pool | 975955145 |  -1,801,476.00 | -0.18% |
| RP Accumulated fees | 37401 | - | 0.00% |
| Collateral (top 250) backing Smartcoins | 384589601 | -3,255,127.00 | -0.84% |
| Top 100 Total | 1,481,759,109 | 7,203,181.37 | 0.49% |
| Top 100 - minus Exchanges | 666,579,948 | 8,486,231.37 | 1.29% |
| Exchanges | 815,179,161 | -1,283,050.00 | -0.16% |
| Non Exchanges | 1,809,438,848 | 3,084,526.00 | 0.17% |
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 | 0.00003033 | 0.26569053 | 26,256,421.06 | 6,976,082.38 | 48.13 | 5.8% |
| USDT | 0.26609384 | 0.27 | 23,911,521.36 | 6,362,004.54 | 43.8% | 42.4% |
| ETH | 0.00036533 | 0.26692221 | 3,782,135.27 | 1,009,535.92 | 6.9% | 12.4% |
| BITCNY | 1.73 | 0.28061448 | 283,108 | 79,444.29 | 0.5% | -7.7% |
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, Bridge.RAP and Bridge.BTC
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 | 2,624,618,009 | 0.266 | 698,209,780 | $698,209,780.21 | 0.069% |
| BTS Stealth | 285,070 | 0.266 | 75,835 | $75,835.29 | 0.002% |
| Reserve Pool | 975,955,145 | 0.266 | 259,626,896 | $259,626,896.16 | -0.184% |
| Accumulated fees | 37,401 | 0.266 | 9,950 | $9,949.54 | 0.000% |
| BitUSD | 13,887,150 | 3.75 | 52,076,813 | $13,853,650.20 | -8.844% |
| BitCNY | 234,824,931 | 0.589 | 138,311,884 | $36,794,196.35 | -10.585% |
| BitEUR | 110,615 | 4.47 | 494,449 | $131,535.01 | -7.230% |
| BitBTC | 51.8 | 32,938 | 1,706,188 | $453,886.02 | 1.370% |
| BitGold | 189.5 | 4,915 | 931,393 | $247,772.19 | 0.000% |
| BitSilver | 21,767 | 61.8 | 1,345,201 | $357,854.82 | -0.069% |
| Ruble | 7,818,553 | 0.0607 | 474,586 | $126,251.02 | -2.690% |
| HERO | 995 | 610 | 606,950 | $161,462.90 | 0.000% |
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 |
|---|---|---|
| btsabc | 6005 | 13 |
| bitshares-munich | 5537 | 4 |
| bituniverse | 4931 | 30 |
| compumatrix1 | 2582 | 0 |
| digital-nomad | 2500 | 0 |
| sdr | 2385 | 0 |
| cryptofresh | 2134 | 39 |
| jianjolly-0 | 1743 | 0 |
| magicw | 1688 | 7 |
| by24seven | 1265 | 15 |
| superone | 1211 | 2 |
| bcp2017 | 1201 | 0 |
| estefantt | 1176 | 4 |
Vote Proxies
This section will track the change in proxy voting
| Account | Opinions | Followers | Weight (M) | Weight Change (M) |
|---|---|---|---|---|
| bitcrab | 90 | 115 | 158.7 | 13.2 |
| xeroc | 61 | 210 | 136.8 | -0.1 |
| openledger | 56 | 10768 | 122.3 | -17.1 |
| michaelx | 58 | 118 | 77.3 | -3.1 |
| still | 130 | 332 | 39.9 | -3 |
| bitshareseurope | 0 | 454 | 35.1 | 23.3 |
| blckchnd | 59 | 1580 | 34.2 | -3 |
| abit | 71 | 739 | 26.5 | 0.5 |
| fav | 40 | 168 | 23.7 | 0.1 |
| blockchain-bv | 0 | 3 | 11.5 | 0.1 |
Active Witnesses
This section will track top 30 active witnesses and the changes in support
| Rank | Witness | Votes | Missed | Missed W/W |
|---|---|---|---|---|
| 1 | in.abit 1.6.35 | 764.6 | 752 | 1 |
| 2 | bhuz 1.6.17 | 732.9 | 1725 | 8 |
| 3 | roelandp 1.6.74 | 729.3 | 88 | 8 |
| 4 | verbaltech2 1.6.34 | 728.7 | 4031 | 4 |
| 5 | abc123 1.6.65 | 718 | 1370 | 6 |
| 6 | fox 1.6.16 | 714.7 | 4549 | 7 |
| 7 | witness.yao 1.6.71 | 709 | 3612 | 2 |
| 8 | witness.still 1.6.69 | 706.3 | 9327 | 3 |
| 9 | sahkan-bitshares 1.6.73 | 699.5 | 1360 | 4 |
| 10 | delegate-1.lafona 1.6.28 | 694.6 | 4469 | 4 |
| 11 | xn-delegate 1.6.59 | 693 | 2909 | 4 |
| 12 | xman 1.6.64 | 692.6 | 1769 | 6 |
| 13 | xeldal 1.6.22 | 690.2 | 2493 | 1 |
| 14 | crazybit 1.6.84 | 648.5 | 654 | 12 |
| 15 | delegate.freedom 1.6.63 | 628.8 | 4937 | |
| 16 | delegate-zhaomu 1.6.98 | 624.4 | 665 | |
| 17 | openledger-dc 1.6.76 | 623.5 | 747 | 34 |
| 18 | magicwallet.witness 1.6.110 | 588.6 | 51 | 3 |
| 19 | rnglab 1.6.45 | 577.4 | 2221 | 36 |
| 20 | elmato 1.6.20 | 576.4 | 4404 | 4 |
| 21 | witness.hiblockchain 1.6.105 | 565 | 602 | 535 |
| 22 | blckchnd 1.6.75 | 558.5 | 981 | 2 |
| 23 | gdex-witness 1.6.120 | 515.4 | 25 | 7 |
| 24 | winex.witness 1.6.101 | 501.2 | 724 | 8 |
| 25 | clockwork 1.6.117 | 467.8 | 23 | 12 |
| 26 | delegate.ihashfury 1.6.26 | 444.4 | 870 | |
| 27 | mr.agsexplorer 1.6.24 | 362 | 7718 | 61 |
| 28 | delegate.taolje 1.6.38 | 349 | 4771 | |
| 29 | delegate-clayop 1.6.27 | 337.9 | 5200 | |
| 30 | spectral 1.6.30 | 337.2 | 2208 |
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 | Total BTS | Change W/W | Change W/W % |
|---|---|---|---|---|
| 1 | poloniexwallet | 232,320,499 | -2,777,207.00 | -1.18% |
| 2 | bitkkchubei002 | 161,192,406 | - | 0.00% |
| 3 | bitcc-bts-cold | 119,026,104 | -1,909,101.00 | -1.58% |
| 4 | binance-cold-1 | 114,787,664 | - | 0.00% |
| 5 | gamma-rabbit | 61,197,392 | -0.10 | 0.00% |
| 6 | binance-bitshares-gvbdb84k6h | 52,988,538 | -19,653,984.00 | -27.06% |
| 7 | alpha-dog | 50,254,638 | 9,878,734.18 | 24.47% |
| 8 | huobi-withdrawal | 43,906,147 | 3,729,649.00 | 9.28% |
| 9 | binance-bts-1 | 27,343,565 | 23,285,555.00 | 573.82% |
| 10 | delta-lion | 22,651,470 | 0.31 | 0.00% |
| 11 | ranchorelaxo2017 | 21,769,775 | - | 0.00% |
| 12 | gate-bts-off001 | 21,324,213 | - | 0.00% |
| 13 | test-changekey | 20,163,274 | - | 0.00% |
| 14 | abit | 20,110,507 | - | 0.00% |
| 15 | bittrex-deposit | 17,896,304 | -379,318.00 | -2.08% |
| 16 | stan | 14,791,943 | -50,000.00 | -0.34% |
| 17 | jubi-bts | 14,591,906 | - | 0.00% |
| 18 | zbbts001 | 14,316,774 | 8,011,158.00 | 127.05% |
| 19 | a2dcdf323a8a576408f62604b17a8a52 | 12,902,457 | -125,880.00 | -0.97% |
| 20 | alexna64 | 12,143,695 | - | 0.00% |
| 21 | anonymous | 11,212,516 | - | 0.00% |
| 22 | yun-bts | 10,962,754 | 11.00 | 0.00% |
| 23 | evan | 10,659,692 | - | 0.00% |
| 24 | committee-cnytrader | 9,887,033 | - | 0.00% |
| 25 | enki | 9,827,891 | 1,018,932.00 | 11.57% |
| 26 | getch-bts | 9,535,172 | - | 0.00% |
| 27 | brother-john | 9,312,086 | - | 0.00% |
| 28 | virtual-ventures | 9,153,485 | - | 0.00% |
| 29 | echocold1 | 9,097,651 | - | 0.00% |
| 30 | ibilitlan-scoltock | 8,673,958 | - | 0.00% |
| 31 | mr-wang | 8,156,959 | - | 0.00% |
| 32 | graphene2015 | 8,130,428 | - | 0.00% |
| 33 | roje | 8,040,409 | - | 0.00% |
| 34 | bts-subscribe | 7,999,005 | - | 0.00% |
| 35 | cievia-waugaman | 7,990,214 | - | 0.00% |
| 36 | onceuponatime | 7,792,069 | 16,134.00 | 0.21% |
| 37 | invictus | 7,494,364 | - | 0.00% |
| 38 | jiny2 | 7,438,984 | - | 0.00% |
| 39 | haeassa-granovsky | 7,431,931 | - | 0.00% |
| 40 | cass | 6,737,585 | - | 0.00% |
| 41 | tyrone-shoelaces | 6,615,913 | - | 0.00% |
| 42 | abinia-rivard | 6,550,563 | - | 0.00% |
| 43 | keebler-kahn | 6,500,770 | - | 0.00% |
| 44 | gate-io-bts66 | 6,433,674 | 1,336,520.00 | 26.22% |
| 45 | tsuratsura-3557 | 6,395,199 | - | 0.00% |
| 46 | bts-morning | 6,158,407 | 269.00 | 0.00% |
| 47 | yoyow.team | 6,000,002 | -0.10 | 0.00% |
| 48 | ld636433 | 5,840,000 | -3,716,809.00 | -38.89% |
| 49 | bristolbay | 5,800,011 | - | 0.00% |
| 50 | fericia-brick | 5,766,623 | - | 0.00% |
| 51 | btszhqxf | 5,734,712 | - | 0.00% |
| 52 | spring | 5,560,779 | - | 0.00% |
| 53 | hnnr8 | 5,460,998 | - | 0.00% |
| 54 | cadord-ozois | 5,423,173 | - | 0.00% |
| 55 | storj | 5,366,573 | - | 0.00% |
| 56 | xhunter | 5,192,094 | - | 0.00% |
| 57 | jeraud-kanze | 5,172,698 | - | 0.00% |
| 58 | denkhaus | 5,169,955 | -2,097,793.00 | -28.86% |
| 59 | bitcoinindonesia | 5,010,525 | 536,029.00 | 11.98% |
| 60 | geravia-mackinnon | 4,777,691 | - | 0.00% |
| 61 | xgqing | 4,351,903 | - | 0.00% |
| 62 | btsxzzh2 | 4,348,432 | - | 0.00% |
| 63 | serg | 4,269,497 | - | 0.00% |
| 64 | cai8108 | 4,206,767 | 853,999.00 | 25.47% |
| 65 | quonael-lievesley | 4,087,235 | - | 0.00% |
| 66 | coldstorage1 | 4,000,000 | - | 0.00% |
| 67 | oh-bts | 4,000,000 | - | 0.00% |
| 68 | super-bts | 3,999,990 | - | 0.00% |
| 69 | slim | 3,938,098 | - | 0.00% |
| 70 | wesley-waugaman | 3,921,027 | - | 0.00% |
| 71 | hongcaibao1 | 3,800,012 | 1,800,001.17 | 90.00% |
| 72 | mtblock-io | 3,714,551 | -134,751.00 | -3.50% |
| 73 | rit-capital-partners | 3,466,979 | 2,466,978.94 | 246.70% |
| 74 | facem | 3,413,836 | 435,719.06 | 14.63% |
| 75 | zy360 | 3,400,609 | 193,688.00 | 6.04% |
| 76 | peak-yannie | 3,333,334 | - | 0.00% |
| 77 | random123 | 3,304,640 | - | 0.00% |
| 78 | ak-999 | 3,298,765 | 2,298,765.34 | 229.88% |
| 79 | makkiavelli1977 | 3,199,365 | - | 0.00% |
| 80 | bafohald-degeorge | 3,189,866 | - | 0.00% |
| 81 | scottmclane | 3,177,116 | - | 0.00% |
| 82 | livecoin-net | 3,163,054 | -15,712.00 | -0.49% |
| 83 | bilbo-baggins | 3,151,030 | - | 0.00% |
| 84 | lao-wallet | 3,140,242 | - | 0.00% |
| 85 | ptschina | 3,076,575 | 87,077.00 | 2.91% |
| 86 | aleks | 3,050,009 | -0.01 | 0.00% |
| 87 | austintexas11 | 3,045,249 | - | 0.00% |
| 88 | aelf | 3,043,308 | 2,043,308.24 | 204.33% |
| 89 | committee-usdoperator | 3,039,809 | - | 0.00% |
| 90 | goodc0re | 3,025,226 | 416,870.00 | 15.98% |
| 91 | null-account | 3,013,497 | - | 0.00% |
| 92 | bitlion | 3,004,517 | 200,411.00 | 7.15% |
| 93 | mcxcwbts | 3,000,686 | - | 0.00% |
| 94 | billion-hero-prize | 3,000,000 | - | 0.00% |
| 95 | ev-ev | 2,992,716 | 582,334.00 | 24.16% |
| 96 | roland.sun | 2,923,130 | - | 0.00% |
| 97 | gxp520wcx | 2,902,997 | 100,462.10 | 3.58% |
| 98 | rwh-9164 | 2,900,819 | 548,053.00 | 23.29% |
| 99 | jackkang | 2,860,941 | - | 0.00% |
| 100 | yinchg | 2,859,466 | 477,562.00 | 20.05% |
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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As always, an outstanding rundown of the latest updates pertaining to BitShares.
One important thing I would like to share with the community is the addition of a valid fiat gateway to the DEX.
Right now, EasyDEX supports USD and EUR deposits.
They also have an awesome token campaign that is multifaceted. Too long to describe here so please go here for more details.
https://steemit.com/easydex/@easydex/how-easydex-is-changing-the-way-you-do-crypto-20180511t162028846z-post
Woa, great :D
A well detailed rundown and insightful explanation of the state of steem network.
@steempower that is well explained information with lot chat and diagrams to back it
Thank you Jim! Cool to see my archives project up in the Report. :-)
good news, but I can only say thank you
Great outstanding work, I hope BTS takes its place soon as TOP5 coin!
🚀Recording for Bitshares Hangout #72
bitshares is amazing and and hope we hope to be glorious until the future
https://steemit.com/help/@svetlanaartist/please-help-my-grandmother-live-she-die
please help my grandmother she almost die.