Welcome to the 41st 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 - 27th June 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.
The Bitshares production network broke a new Transaction record this week, reaching more than 850,000+ operations in 1 day! That is an average of 9.83 Operations Per Second!
Just encase your missed it. 9.83 Operations Per Second! on the Bitshares main network, it all happened without anybody even noticing.. i.e this is not peak theoretical or a point at which the network ground to a halt; this is organic growth and represents use of network; to give you an idea of scale-ability the Bitshares decentralized test network has been stress tested to preform over 20,000 operations per second and average hardware. Please see the screenshot below this section
@stan and @michaelx are presenting a live webinar on HERO and Bitshares scheduled for Monday July 3rd, 2017 (one day before the July 4th Kick off date for the One Billion Hero contest). Register for the webinar to get first hand information and ask any question. Register HERE
China continues to dominate the trading markets with 85% of trade occurring in CNY instead of BTC when looking at traditional exchanges.
Crypviser an encrypted network for social and business communication based on Blockchain has decided to launch on the Bitshares network instead of Ethereum after recent instability shown on the Ethereum network. They posted to their facebook and twitter followers this week the following message:"Crypviser concerns about recent problems within Ethereum network and sees the current situation as unreliable and business critical for our project. The speed of transactions for the authentication system is too important to be disregarded. Crypviser app is expected to be widely used by millions of clients all around the world. In order to achieve it and bring superb quality solutions to the market, one of the key factors is maximum speed of transactions. Therefore we have decided to move on with Bitshares blockchain." See the official post HERE
This week has seen Hero move to the 3rd largest smartcoin market cap on the Bitshares network. HERO's market cap has increased 36.5% W/W to a current total of $436,789 USD. Learn more about HERO at sovereignhero.com
Smartcoin markets with the largest increase this week are Ruble up 79.84%, Hero up 36.5% and BitUSD up 18.97%
@estefantt has released the latest Bit20 composition. The Crypto currency index fund updates its composition on the 20th of every month to provide passive investors with a diversified asset that's price tracks the top 20. To get more details and see the latest composition please see @estefantt post HERE or visit www.bittwenty.com
Ronny Boesing (CEO of OpenLedger) has done a live stream to youtube this weeks sharing his vision for the future of OpenLedger and Bitshares. This was a great talk from Ronny which can be found HERE
Ronny Boesing (CEO of OpenLedger) has successful Auctioned the last remaining OBITS via an asset know as OBITS.WARRANT. The auction raise 1.5 Million USD for a total of 950,000 OBITS.WARRANT. This is great news for OBITS holders as funds from the auction will be going towards this months 'Buy Back and Burn' operation.
@blockchained has announced he is speaking at the upcoming St. Petersburg Blockchain and Bitcoin Conference on behalf of RuDEX a Russian Bitshares Gateway and Trading service running on the Bitshares network. You can see some banner art and their BTM below this section.
The Whaleshares discord server has reached over 800 users in just 3 weeks! the community is growing daily and is bring more and more new faces to the Bitshares network and raising awareness of the tech we have on offer. Congratulations to @officialfuzzy and a warm welcome to the Whaleshares community. Find out more HERE
@boombastic has created a very extensive guide on how to setup a load balanced public API server with detailed step by step instructions including generation of SSL certificates and configuration of load balanced Nginx. The Guide is written in Chinese but the translation function within google chrome can help in that regard. This is a great resource for anyone looking to run a public facing Bitshares API node or just get an in-depth look at what is running behind the scenes. See the guide HERE
Coin-turk has listed Bitshares Coffee mugs for sale on their website. Check out the website HERE
@kencode from Bitshares Munich has released his latest weekly update. This week sees work continue on all projects including Steem integration to the smartcoins wallet, upcoming video of the Carbon (Smartcoin Wallet v2) GUI and further developments on the Ledger Nano S integration. You can see his official update HERE
Bitshares witness 'jerryliu' has requested a voluntary resignation of his witness position this week with the following message sent via telegram 'hi everyone, considering that now I have neither enough time nor enough skill to maintain a good enough witness node, I now decide to stop the witness node jerryliu. please vote jerryliu out, thanks. I'll focus on my other businesses relevant to bitshares.' Thank you to Jerry for his service to the network.
@sols has released a concept of a graphical interface for creating and viewing worker proposal on the Bitshares network. You can find his proposal and concept HERE
Bitshares user forex8000 has registered a number of interesting stockmarket type assets including DEUTSCHEBANK, BLACKROCK, TECDAX and ETORO
BlockPay has started a new telegram channel after the old channel was shutdown. If you are looking for the new BlockPay channel you can find it HERE
This weeks Beyond Bitcoin hangout recording has been published. This week had talks from @virtualgrowth and @jphenderson you can find more details and last weeks recording HERE
@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 356038; an increase of 3867 wallets/accounts since last week
The last asset registered this week is asset #1451 and it is named 'MVS.ZENDAO' registered by 'ccedkbt' with the description 'MVS.ZENDAO is a native asset on OpenLedger backed by Danish OpenLedger ApS in agreement with Viewfin, the founders of the crypto asset ZENDAO which is developed on the Metaverse Blockchain.'.... see the full description HERE
Bitshares network smashes old record and pushes close to 10 Operations Per Seconds - Chart from Cryptofresh
Smartcoin issueance chart showing weekly change since the start of 2017
RuDEX preparing for the St. Petersberg Blockchain conferance
Ronny has spoken on Trump building walls in the past. This week he has built his own.
Altcoinforecast.com has updated their forecasted target for Bitshares
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 | 2,596,369,090 |  162,271.00 | 0.01% |
| BTS Stealth | 268,827 | - | 0.00% |
| BTS in Open Orders (DEX-T250) | 3793983.9 | 730,755.00 | 23.86% |
| Reserve Pool | 1004202610 |  -161,317.00 | -0.02% |
| RP Accumulated fees | 3,661 | 332.00 | 9.97% |
| Collateral (top 250) backing Smartcoins | 432282230 | 21,276,384.00 | 5.18% |
| Top 100 Total | 1,487,678,160 | -13,352,905.00 | -0.89% |
| Top 100 - minus Exchanges | 469,858,119 | 7,377,609.00 | 1.60% |
| Exchanges | 1,017,820,041 | -20,730,514.00 | -2.00% |
| Non Exchanges | 1,578,549,049 | 20,892,785.00 | 1.34% |
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 |
|---|---|---|---|---|---|---|
| CNY | 1.72 | 0.25 | 289,413,408.31 | 72,721,057.45 | 83.5% | 522.1% |
| BTC | 0.00 | 0.23 | 56,988,244.47 | 13,072,742.11 | 16.5% | -78.2% |
| EUR | 0.3125 | 0.35 | 38.62 | 13.51 | 0.0% | |
| WAVES | 0.07 | 0.40627294 | 0.00 | 0.00 | 0.0% | |
| USD | 0.293758 | 0.293758 | 0.00 | 0.00 | 0.0% |
Worker Proposals
This section will identify the current approved and pending worker proposals
Active Worker:
- Refund400k
Proposed Worker
- Alfredo Garcia, Bitshares Core Dev
- Soledger - Vikram/Agent86 - Project administration & essential maintenance
- 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 BTS, CNY and USD
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 | 2,596,369,090 | 0.24767146 | 2,596,369,090 | $643,046,523.22 | 0.0063% |
| BTS Stealth | 268,827 | 0.24767146 | 268,827 | $66,580.78 | 0.00% |
| Reserve Pool | 1,004,202,610 | 0.24767146 | 1,004,202,610 | $248,712,326.55 | -0.0161% |
| Accumulated fees | 3,661 | 0.24767146 | 3,661 | $906.73 | 9.97% |
| BitUSD | 6,542,202 | 4.36 | 28,524,001 | $6,542,202.00 | 18.97% |
| BitCNY | 83,968,506 | 0.578 | 48,533,796 | $12,020,436.23 | -2.92% |
| BitEUR | 113,856 | 4.88 | 555,617 | $137,610.54 | -0.91% |
| BitBTC | 100 | 10,646 | 1,064,600 | $263,671.04 | -1.57% |
| BitGold | 99 | 5,447 | 540,342 | $133,827.39 | -4.62% |
| BitSilver | 10,776 | 72.2 | 778,027 | $192,695.13 | 0.07% |
| Ruble | 2,508,898 | 0.069 | 173,114 | $42,875.39 | 79.84% |
| HERO | 2,656 | 664 | 1,763,584 | $436,789.42 | 36.49% |
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 | 3733 | 141 |
| compumatrix1 | 2281 | 2 |
| btsabc | 1859 | 124 |
| jianjolly-0 | 1743 | 0 |
| sdr | 879 | 74 |
| openledger | 524 | 0 |
| cryptocurrency3 | 487 | 8 |
| fav | 483 | 11 |
| cryptofresh | 464 | 17 |
| gn1 | 345 | 14 |
| ccm2015 | 274 | 9 |
| ebit | 265 | 8 |
| by24seven | 263 | 9 |
Vote Proxies
This section will track the change in proxy voting
| Account | Opinions | Followers | Weight (M) | Weight Change (M) |
|---|---|---|---|---|
| bitcrab | 63 | 33 | 243.1 | 6.5 |
| xeroc | 30 | 166 | 210.1 | -4.4 |
| laomao | 35 | 4 | 171.9 | 4.9 |
| baozi | 29 | 67 | 58.7 | 2.3 |
| fav | 16 | 78 | 54.7 | -2 |
| abit | 41 | 493 | 11.9 | 0 |
| bunkerchainlabs-com | 34 | 14 | 8.6 | 0 |
| dahu | 21 | 3 | 8.5 | 0.3 |
| yao | 34 | 36 | 7.9 | -2.7 |
| hellobts | 27 | 18 | 6.9 | 0.9 |
Committee Members
This section will track shareholder approval of committee members
| Account | Votes (M) | Votes Change (M) |
|---|---|---|
| abit | 841.6 | 17.6 |
| bitcrab | 838.7 | 5.8 |
| bhuz | 791.5 | 4.8 |
| clayop | 713.5 | 4.3 |
| xeroc | 653.4 | -1.5 |
| chris4210 | 637.8 | -33.2 |
| bunkerchainlabs-com | 613.5 | 2.6 |
| harvey-xts | 469.6 | 6.3 |
| openledgerdc | 458 | 14.7 |
| ebit | 422.7 | -10.1 |
| witness.still | 336.1 | 1.1 |
Active Witnesses
This section will track top 25 active witnesses and the changes in support
| Rank | Witness | Votes | Missed | Missed W/W |
|---|---|---|---|---|
| 1 | wackou 1.6.18 | 848.4 | 1284 | 1 |
| 2 | verbaltech2 1.6.34 | 847.1 | 1224 | 1 |
| 3 | in.abit 1.6.35 | 836.9 | 311 | |
| 4 | bhuz 1.6.17 | 801.7 | 1102 | 1 |
| 5 | xman 1.6.64 | 796.9 | 1170 | |
| 6 | fox 1.6.16 | 796.5 | 2918 | |
| 7 | rnglab 1.6.45 | 787.7 | 1367 | |
| 8 | delegate.baozi 1.6.37 | 773 | 1034 | 1 |
| 9 | jerryliu 1.6.72 | 761 | 6105 | 813 |
| 10 | witness.still 1.6.69 | 752.7 | 8390 | |
| 11 | xn-delegate 1.6.59 | 751.6 | 2303 | |
| 12 | xeldal 1.6.22 | 694.8 | 1273 | |
| 13 | roelandp 1.6.74 | 656.5 | 3 | |
| 14 | openledger-dc 1.6.76 | 647.9 | 49 | 2 |
| 15 | blckchnd 1.6.75 | 641 | 194 | |
| 16 | abc123 1.6.65 | 609.8 | 855 | 1 |
| 17 | sahkan-bitshares 1.6.73 | 576.8 | 163 | 3 |
| 18 | delegate-1.lafona 1.6.28 | 571.7 | 709 | 3 |
| 19 | delegate.freedom 1.6.63 | 567.1 | 3614 | |
| 20 | harvey-xts 1.6.23 | 567.1 | 5181 | |
| 21 | elmato 1.6.20 | 564.1 | 3675 | |
| 22 | witness.yao 1.6.71 | 559.4 | 3141 | |
| 23 | mr.agsexplorer 1.6.24 | 540.8 | 2911 | |
| 24 | spartako 1.6.15 | 500.7 | 1030 | 21 |
| 25 | delegate-clayop 1.6.27 | 488.9 | 4316 |
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 % |
|---|---|---|---|---|---|
| 1 | poloniexcoldstorage | 290,001,203 | 0 | - | 0.00% |
| 2 | chbts | 150,537,689 | 0 | -7,573,966.00 | -4.79% |
| 3 | yunbi-cold-wallet | 150,000,001 | 0 | - | 0.00% |
| 4 | yunbi-granary | 100,000,000 | 0 | - | 0.00% |
| 5 | bitcc-bts-cold | 97,767,310 | 0 | -11,000,001.00 | -10.11% |
| 6 | bittrex-deposit | 62,791,750 | 0 | 517,621.00 | 0.83% |
| 7 | jubi-bts | 54,478,626 | 0 | 12,216,642.00 | 28.91% |
| 8 | btschbtc | 50,000,990 | 0 | - | 0.00% |
| 9 | bterdeposit | 24,575,690 | 0 | -1,168,522.00 | -4.54% |
| 10 | yun-bts | 21,577,801 | 0 | 4,702,117.00 | 27.86% |
| 11 | stan | 20,618,811 | 0 | - | 0.00% |
| 12 | aloha | 20,615,783 | 0 | - | 0.00% |
| 13 | echocold1 | 16,577,637 | 0 | - | 0.00% |
| 14 | btercom | 13,049,112 | 0 | - | 0.00% |
| 15 | tsuratsura-3557 | 12,480,751 | 0 | 66,522.00 | 0.54% |
| 16 | jy2017 | 11,696,101 | 0 | - | 0.00% |
| 17 | abit | 11,381,601 | 0 | - | 0.00% |
| 18 | cass | 10,906,676 | 0 | -479,449.00 | -4.21% |
| 19 | trans.bot | 10,852,297 | 0 | 7,361,544.00 | 210.89% |
| 20 | evan | 10,659,692 | 0 | - | 0.00% |
| 21 | jony-boy | 10,000,087 | 0 | 9,000,087.00 | 900.01% |
| 22 | mcxcwbts | 9,800,705 | 0 | - | 0.00% |
| 23 | virtual-ventures | 9,318,078 | 0 | - | 0.00% |
| 24 | roje | 8,850,430 | 0 | - | 0.00% |
| 25 | invictus | 8,815,143 | 0 | - | 0.00% |
| 26 | ibilitlan-scoltock | 8,673,958 | 0 | - | 0.00% |
| 27 | cievia-waugaman | 7,990,213 | 0 | - | 0.00% |
| 28 | graphene2015 | 7,744,452 | 0 | 345.00 | 0.00% |
| 29 | anonymous | 7,577,630 | 252,540 | 3,800,716.00 | 100.63% |
| 30 | jiny2 | 7,538,984 | 0 | -181,585.00 | -2.35% |
| 31 | haeassa-granovsky | 7,431,931 | 0 | - | 0.00% |
| 32 | alexna64 | 7,263,382 | 0 | - | 0.00% |
| 33 | abinia-rivard | 6,550,563 | 0 | - | 0.00% |
| 34 | keebler-kahn | 6,500,770 | 0 | - | 0.00% |
| 35 | millibit53 | 6,234,726 | 0 | - | 0.00% |
| 36 | bts-19800 | 6,058,498 | 0 | 293,480.00 | 5.09% |
| 37 | fericia-brick | 5,766,623 | 0 | - | 0.00% |
| 38 | btszhqxf | 5,734,712 | 0 | - | 0.00% |
| 39 | hnnr8 | 5,460,997 | 0 | - | 0.00% |
| 40 | linhan | 5,425,095 | 0 | - | 0.00% |
| 41 | cadord-ozois | 5,423,173 | 0 | - | 0.00% |
| 42 | spring | 5,365,474 | 0 | - | 0.00% |
| 43 | xhunter | 5,192,094 | 0 | - | 0.00% |
| 44 | jeraud-kanze | 5,172,698 | 0 | - | 0.00% |
| 45 | brother-john | 5,074,573 | 0 | - | 0.00% |
| 46 | arbor4 | 5,008,537 | 0 | 4,008,537.00 | 400.85% |
| 47 | pay.xeroc | 4,800,362 | 0 | -380,001.00 | -7.34% |
| 48 | poloniexwallet | 4,792,322 | 0 | -16,671,952.00 | -77.67% |
| 49 | geravia-mackinnon | 4,777,691 | 0 | - | 0.00% |
| 50 | chsend | 4,642,357 | 0 | 1,675,526.00 | 56.48% |
| 51 | tyrone-shoelaces | 4,459,898 | 0 | - | 0.00% |
| 52 | btsxzzh2 | 4,348,432 | 0 | - | 0.00% |
| 53 | synergy3 | 4,256,728 | 85 | - | 0.00% |
| 54 | slim | 4,153,744 | 0 | 240.00 | 0.01% |
| 55 | quonael-lievesley | 4,087,235 | 0 | - | 0.00% |
| 56 | tkoba99 | 4,034,593 | 1,559 | 443.00 | 0.01% |
| 57 | coldstorage1 | 4,000,000 | 0 | -1,000,001.00 | -20.00% |
| 58 | wesley-waugaman | 3,921,027 | 0 | - | 0.00% |
| 59 | bts-morning | 3,869,465 | 0 | -2,058,493.00 | -34.73% |
| 60 | bristolbay | 3,521,456 | 0 | 504,898.00 | 16.74% |
| 61 | laplap5 | 3,493,800 | 0 | - | 0.00% |
| 62 | jackkang | 3,397,299 | 0 | - | 0.00% |
| 63 | blocktrades | 3,364,581 | 6,674 | -410,119.00 | -10.86% |
| 64 | btsnow | 3,348,803 | 0 | 88.00 | 0.00% |
| 65 | scottmclane | 3,251,127 | 0 | - | 0.00% |
| 66 | jaehyuk | 3,227,053 | 0 | - | 0.00% |
| 67 | bafohald-degeorge | 3,189,866 | 0 | - | 0.00% |
| 68 | wind-flower | 3,174,192 | 0 | - | 0.00% |
| 69 | cryptonomex | 3,095,137 | 0 | -1,089,248.00 | -26.03% |
| 70 | goodc0re | 3,062,300 | 0 | - | 0.00% |
| 71 | bitcoinindonesia | 3,041,580 | 0 | 84,494.00 | 2.86% |
| 72 | bitcc-bts-withdrawal | 3,039,869 | 0 | 2,039,869.00 | 203.99% |
| 73 | null-account | 3,011,945 | 0 | - | 0.00% |
| 74 | rice123 | 3,005,114 | 0 | - | 0.00% |
| 75 | tel-911 | 2,909,136 | 0 | - | 0.00% |
| 76 | btsbtsx | 2,861,091 | 0 | - | 0.00% |
| 77 | dev.bitsharesblocks | 2,699,548 | 0 | - | 0.00% |
| 78 | abc2000 | 2,683,138 | 0 | -140,833.00 | -4.99% |
| 79 | bts-198hot | 2,666,172 | 0 | -2,335,444.00 | -46.69% |
| 80 | oraclechain | 2,590,168 | 0 | -100,025.00 | -3.72% |
| 81 | hardfork2 | 2,545,413 | 0 | - | 0.00% |
| 82 | satoshi-pie | 2,541,024 | 0 | - | 0.00% |
| 83 | serg | 2,538,926 | 0 | - | 0.00% |
| 84 | chainsquad | 2,528,017 | 0 | - | 0.00% |
| 85 | rg33m43ffaeqdrnk | 2,511,901 | 0 | - | 0.00% |
| 86 | thread | 2,485,990 | 0 | - | 0.00% |
| 87 | koocaa | 2,453,144 | 0 | - | 0.00% |
| 88 | bunkerchainlabs-com | 2,430,180 | 24,450 | -22,000.00 | -0.90% |
| 89 | mostar | 2,367,607 | 0 | -190,083.00 | -7.43% |
| 90 | b1tshares | 2,311,644 | 0 | 63,823.00 | 2.84% |
| 91 | spook | 2,296,849 | 0 | - | 0.00% |
| 92 | nana-roseannadana | 2,209,986 | 0 | - | 0.00% |
| 93 | yvg1900 | 2,201,037 | 0 | - | 0.00% |
| 94 | kedaliwin-tefft | 2,192,433 | 0 | - | 0.00% |
| 95 | talos | 2,171,652 | 0 | - | 0.00% |
| 96 | sahkan | 2,135,899 | 1,000,000 | 135,632.00 | 6.78% |
| 97 | ivy0330 | 2,130,429 | 0 | - | 0.00% |
| 98 | top-quants | 2,128,009 | 0 | - | 0.00% |
| 99 | cryptillionaire | 2,105,650 | 0 | - | 0.00% |
| 100 | wwwtaobaocom | 2,072,094 | 0 | - | 0.00% |
Thanks for viewing :)
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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.
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This is ALOT of information. I read it but being a new user and new to cryptocurrency I must admit that I'm having a hard time understanding everything. What do you recommend as a good starting point for someone in my position?
I have a good resource for anyone in your position coming out in a couple of weeks that will help fill in the background history of Bitshares.
To get an introduction i would highly recommend a really good videos series by Chronos Crypto
That's probably the most intriging thing you wrote so far !
I hope you'll publish it in here so I can 100% upvote your content. You have become a key component of the BitShares marketing. Your SOTN are the best place to have a complete overview of the BitShares ecosystem weekly evolution.
Thank you for your amazing work !
Apppreciate the kind comment and attention to detail :)
I hope that i have not oversold the resource. I imagine you have already seen the content i am just repackaging it for ease of consumption :)
https://steemit.com/ethereum/@steemjitu/crypto-crash-and-vitalik-buterin-death-hoax-brings-to-light-risks-in-ethereum
Thank you so much for sharing this video, @steempower. I'm excited about Bitshares but looking to understand things better. :)
Thank you very much. I am going to get started with this and I look forward to your future publications. Thanks again!
Please RESTEEM AND UPVOTE THIS BLOG THANK YOUUUU! https://steemit.com/introducemyself/@keixgg/introduction-of-myself
https://steemit.com/ethereum/@steemjitu/crypto-crash-and-vitalik-buterin-death-hoax-brings-to-light-risks-in-ethereum
https://steemit.com/ethereum/@steemjitu/crypto-crash-and-vitalik-buterin-death-hoax-brings-to-light-risks-in-ethereum
hmm right answer , but you have to be involve in all activities then you will understand how is it perfect working , keep it up
Great post @steempower, could you include my updated post regarding BSIP-019 and my Bitshares-UI Customization Guide please?
Best regards,
@CM-Steem
I have your Bitshares UI Customization guide on the list for next week and i will update post to include the updated BSIP shortly.
Cheers man
Cool, thanks :)
good news that crypviser decided to launch using bitshares rather than ethereum - it shows the momenteum is shifting -- great post and i it helps me learn a lot quickly too
100% This also fits well into the 850,000 Operations in 1 day / 9 per second! as mentioned we ran a stress-test showing capabilities of over 20,000 operations per second on cheap hardware. If the network was doing 20,000 Ops per second imagine how profitable the DAC would be an as such we could pay our block producers to have much better hardware than the hobby rigs used for stresstest :)
As someone that has tried to get into ETH ico in the last few weeks and experienced the results first hand i cannot imagine how someone could run a production grade system on Ethereum as it stands today (99% of the time it is fine but if someone can flood the network and bring TXs to a halt it would obviously impact certain business models). I know they have things in the pipeline to hopefully resolve this issue.
you are kind to reply and i am not technically aware - i hope to learn by reading a lot of posts here on steem and on your page too - i am a musician and artist - some of my music and paintings are up on my page and i write about travel and day to day too - your welcome to drop in if your interested and i would value your advice on what i should post about too -David
https://steemit.com/ethereum/@steemjitu/crypto-crash-and-vitalik-buterin-death-hoax-brings-to-light-risks-in-ethereum
I think this is the best news of the week. Better than the actual tps record. We already know what bitshares is capable of, anyways.
yar right Great Work! useful info.
I was a little nervous to buy into Bitshares a few months ago, because I read somewhere that Bitshares was dead. Now, with a profit of over 1600%, I'm glad I didn't listen. If this is what a "dead" coin looks like, then let them all die...
Nice work man!, when i hear something is dead or a scam especially on a troll box or something similar it makes me want to look into it more. you can obviously see that the project is far from dead!! we just lack the marketing and pr that some project over compensate with.
Just an idea, as a UI UX Designer you might find that you can actually get employed by the Bitshares network (voted in by shareholders and paid by the Blockchain). We are hiring at the moment and high on the list is front end dev (we have a good guy in that regard) and UI UX Designer would be great to compliment his efforts.
Would you be interested in doing some work for Bitshares Network? work would be focused on the wallet and improving the user experience and presentation.
It would be amazing to work on a project that I admire, Could you email me more details?
Email: [email protected]
Every time I read these updates I think, "Why isn't BTS No. 2 on CMC?"
Hold BTS everywhere, it will on moon soon.
One step at a time :)
Holy freaking crap on a stick this was super intensive !
thanks for this
Its crazy how much of a major player China is in all of this, it REALLY makes me wonder what the entire crypto space would be like if China and india werent apart of it... like i honestly wonder
so much of the mining for certain coins comes from china, where would we be without them?
Thanks for this useful information, you were very detailed in your explanations. But is still very difficult for me to understand.
Thanks for the comment @moderninvestor
In regards to Bitshares specifically China has really only burst onto the scene in terms of trading volume (there has always been a large active Chinese community) in the last month with the introduction of Bitshares on CHBTC and a few other Chinese exchanges and partnerships with ViewFin as well as some Chinese ICOs coming onto the Bitshares network.
You can see they really dominating the market at the moment.
I have a friend of mine who is living in China at the moment, and he said nearly all of his colleagues, all day all they talk about are the newest and latest coins and how to invest in them.
he said at first he paid them no mind but eventually everyone he knew was doing the same, i think theyre going to have an absolutely massive infuence in the crypto world, even more than they have right now
ETH and BTS have potential in crypto wonderfull
Please RESTEEM AND UPVOTE THIS BLOG THANK YOUUUU! https://steemit.com/introducemyself/@keixgg/introduction-of-myself
A huge amount of information this week again, thanks a bunch for all of it, including the very valuable links!
Namaste :)
Thanks for being a long term follower Eric, Namaste :)
Amazing news.. Lovely to see the platform is doing well and healthy. Poloniex seemed to have some trouble with their systems regarding steem.
Much support and full force ahead.
Goldie
Thanks for the comment, Polo seems to be having a few problems recently and from what i can see it is mainly on there end e.g Bitshares and Steem were working fine on other exchanges and the network itself but polo still halted withdrawals.
I would like to know what is your thoughts about bitcoin's drivechain? Will you be willing to list drivechain assets? What may be the impact of drivechains on the altcoins market?
Sadly i am not familiar with drivechain at the moment, but i have made a note to look into it :)
Thanks for the comment
Some more info
http://www.drivechain.info
Thanks for the comment. I'll be sure to follow.
Thank you for sharing such a great post.This post contains a lot of information related to the bitshares.Althought I do not understand the concept of some parts, I think it is worth to bookmark to know more about the trend of cryptocurrency and I hope that you can continue to share some informative posts related to this topic.Thank you very much!
Thanks for the comment.
If you looking for more information on the concepts To get an introduction i highly recommend a really good videos series by Chronos Crypto
There is a mistake - according to their announcement, 975,000 OBITS.WARRANT tokens were in auction.
Good eye, interesting observation i have an announcement on telegram from the 26th of July that suggests 950,000 i will have to check with Ronny to find out the final total.
Did you find out?
Very informative. Although I missed some part of good understanding. I'm also new to this cryptocurrency thing but I'm really eager to learn, I will keep myself updated to your posts.
Thanks @yeobo
To get more information i would highly recommend a really good videos series by Chronos Crypto
you guys are going to make me faint when you said this:
get those BTS!!!!
100%, excited to see this project roll out!
Thank you for the great overview. Please can you provide more information why the reserve pool is in the negative zone after being so high in positive just a few weeks back?
That massive spike to 6 million BTS (that i had to chop the top off) was the USD worker proposal that was previously funding Xerocs work (for Uptick and the the PyBitshares Library). The worker completed and as such the surplus funds were returned to the reserve pool.
This is a new type of worker that actually pays the contractor in BitUSD or smartcoin to allow a constant income despite currency fluctuations. This also has the bonus locking up BTS and increasing the supply of smartcoins
Ok, so the huge up spike was because Xerox's work was completed. Thanks for clarifying.
Great report!
@steempower Should a 1 week steemit-minnow have 30 witnesses?
The reason I ask is because I only have one because I figure I don't have the rewards to pay a 30 server network.
The good thing about Steem is your votes are free and you can vote on witnesses without any cost to you.
Oh - I see, so I should go the max but getting to the witnesses is a challenge.
Thanks for sharing!
Good Post. Please Follow and Upvote me also. Thanks
Good to see Bitshares growing on their operations per second! Can't wait to see what the future holds :)
The info information you provided is very good , meaningful but as a new user it is very hard to understand.
Thanks for sharing
Amazing growth statistics of an incredibly great decentralize exchange platform.
where can I find more abut:
Bitshares user forex8000 has registered a number of interesting stockmarket type assets including DEUTSCHEBANK, BLACKROCK, TECDAX and ETORO
interesting that bitshares hit a record in transactions and nobody really noticed. I know the bitshares blockchain is supposed to be super fast especially when compared to Bitcoin that seems to take forever now.
woww a lot of info while reading it Bitshares i invested about $1000 too growing fast..........today increase by 21.12% so happy
great job keep it up @sophi
good info as always
thanks for the upvote on my painting i am very grateful - awesome to be given a lift up
Thank you for the great work you've put in! This is an abundant amount of information then I will definitely need to decompress over the next few days, again it is very much appreciated.
Thanks for sharing @steempower
Bitshare have it all
Nice work...
Please am new here ,show me some love by following me @dreamchaser4063
Very cool post, I can learn a lot of new things from you :D
perfavoré
Great content, thanks for the update!
Please RESTEEM AND UPVOTE THIS BLOG THANK YOUUUU! https://steemit.com/introducemyself/@keixgg/introduction-of-myself
BTS and STEEM. "nothing can stop goin all the way up!!" ⚡
I have more and more faith in the bitshares conglomerate after reading these reports. Keep them coming.
thanks for information
Please RESTEEM AND UPVOTE THIS BLOG THANK YOUUUU! https://steemit.com/introducemyself/@keixgg/introduction-of-myself
awesome, great work..
Thanks for sharing information update..
Good job...
Upvote and Resteem.!!
Dear friend @steempower
Have a nice day 👍😊
Please RESTEEM AND UPVOTE THIS BLOG THANK YOUUUU! https://steemit.com/introducemyself/@keixgg/introduction-of-myself
Good writing, for me really very useful information, success always for you.
Very intense and in-depth report, really appreciate such good content. Thanks
Interesting information !
Amazing work.
i like your post @steempower How is your situation today, surely in good health always
Bitshare price is going to BOOOM!
very good . Visit me :)
Wow, thanks for the information
https://steemit.com/ethereum/@steemjitu/crypto-crash-and-vitalik-buterin-death-hoax-brings-to-light-risks-in-ethereum
Yeah I'm the same way @wickedcute . I'm pretty lost in this area but trying to learn what I can. I haven't been on Steemit long but see its really going to have a UGE learning curve. Its ok though, looks like the journey is going to be interesting!