

Welcome to the 55th 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.

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 section will highlight any observations made while analysing the data.

Bittrex has listed their intention to delist the Bitshares (BTS) token from their exchange by the 13th of October. At the moment there is no official statement as to the reason and there is a number of rumours floating around. The Bitshares Developers are in contact with Bittrex to discuss the matter. In the meantime you should take action to move your balance from their exchange to the Bitshares Decentralized Exchange (don't worry it is not hard to do, @ash has made a video of the process HERE; If you need an account you can use the banner above). I will say that BTS has held its price well compared to other coins being delisted in the same batch (DAR, DRACO and BATA all down between 55-65% compared to Bitshares 24% decrease since the notice appeared) showing that buyers are in the market and i will also say beware of Fear Uncertainty and Doubt (FUD) especially in Telegram; people (trolls) are paid or have financial incentives to provoke an emotional response in times like these; some might even look at FUD as a positive indicator.. generally armies of sock puppets do not have your best interest in mind. It is worth pointing out that Bitshares is its own Exchange! The founding principles of Bitshares and its core product is the Bitshares Decentralized Exchange (DEX) and it solves a real security concern by allowing traders to maintain custody of their own funds while having the freedom to trade on chain. The DEX allows traders to trade against BTC but also other Alt coins as well as the native counterparty free smartcoins (like BitUSD, BitCNY, BitEUR, Silver, Gold and others). These Smartcoins are essentially stable currencies pegged to the price of the asset they are derived from. Each smartcoin is the result of a smart contract that during issuance of the coin locked up at least 2x the face value of the asset; collateralised in Bitshares (BTS) (Smartcoin market cap is greater than 10 Million USD). At any time you can 'settle' the smartcoins and release the underlying BTS for 100% of the face value or just trade it on the DEX for your desired currency/asset. If you want more info on Smartcoin please see HERE.

BlockchainProjects BV have announced that 'CompanyLedger' will soon be launching on the Bitshares Blockchain. CompanyLedger will list tokens that comply with Dutch law in a manner that is comfortable to investors. In cooperation with a respected Dutch law firm, a legal format has been established to make shares trade-able on the Bitshares blockchain and with the option of executing a peer-to-peer ICOs. See their announcement HERE

The Bitshares Foundation has announced a major step forward in transparency and accountability of their escrow worker service by enabling a public ledger of all operations via a plain text accounting system utilizing the 'Ledger' software. The escrow worker service facilitates the oversight/audit and payment of shareholder approved projects (worker proposals) in USD). You can get more information including steps to audit the ledger yourself HERE

@apasia.tech has announced their new Exchange business located in Thailand to launch on the Bitshares Network. The new Exchange/Gateway is looking to offer on and off ramps for Thai Baht (THB), they are also looking to launch a Smartcoin pegged to the Thai Baht (such as BitTHB) in a similar fashion to what RuDEX did with the Russian Ruble. You can find their announcement HERE. They have also announced a new API node located in Thailand to provide lower latency connection to the Bitshares network for their customers. That announcement can be found HERE

OpenLedger has integrated AirBitz into their wallet security model allowing new users to login and protect their Bitshares accounts with their mobile device and the AirBitz app!. @ash has done an initial intro video which can be found HERE

DoorOne has had their Bitshares wallet listed on the Apple app store for download by IOS devices, seemingly defining the Apple/Bitshares relationship. You can find their IOS app HERE

The Bitshares GUI worker proposal (which has more than 5 dev's and is spending over 150,000 USD on wallet improvements over the next 5 months) has closed another sprint and a new release of the Bitshares core client has been released (V.2.0.171001). You can find the latest binaries HERE or view the 34 completed milestones from this sprint HERE

@taconator has released the 'Fees Collected on the BitShares blockchain through August 2017' report. This month has seen a 20%+ increase in % fees collected through 'Asset Creation' and a 14% overall increase in fees collected (protip: Network Fee's are returned to the 'Reserve Pool' which can be used to pay for development/worker proposal's. Consider this ability to re-use fee's to pay for improvements and also consider the implication when the Bitshares network is net profitable). You can view the full report HERE

106 User Issued Assets (UIA’s) have been registered on the Bitshares blockchain this week. I think that could be a record at least it is for the time I have been tracking this data.

OpenLedger has enabled gateways to support EOS and OMG tokens to the Bitshares DEX. You can deposit, withdraw and trade these tokens directly on the Decentralized Exchange. To deposit or withdraw these tokens you will need to go to the 'Deposit/Withdraw' tab in the Bitshares wallet and select OpenLedger and your transfer service. An animated GIF of the process can be found HERE

I am proud to announce that the Bitshares State of the Network now has a Polish translation thanks to @fractalnode. Please support his efforts and share the link with your Polish friends. You can find last week translation HERE

@steempowerpics has done a great article touching on the upcoming Bitshares Stealth features. He also covers the current blinded transfers and explains the difference between the implementations. You can find the post HERE

@michalex has done a podcast with Matt Wolfe and Joe Fier of the 'Hustle and Flowchart' podcast; that if personally really enjoyed. The hour long podcast is aimed at a beginner audience but is still a great listen for seasoned pros. I really like Michael's casual and relaxed approach and informative responses to the engaged hosts. You can find the podcast HERE

@richcg has released his latest iteration of his concept for the new Bitshares.org website. RichCG has been keeping the community updated during the process and taking feedback while continuing to work on the designs. You can see the latest update HERE

Bitshares Witness 'verbaltech2' has released his monthly witness update where he provide some great statistics on his nodes as well as updates to his roadmap and hardware. It is great to see the transparency provided by @full-steem-ahead in these voluntary reports. You can find his update HERE

@virtualgrowth is doing a weekly market update and token give away; Check out his post and vote on your favourite 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 week’s Bitshares hangout recording has been published and is available HERE

Current registered wallets/accounts within the Bitshares network is 430563; an increase of 5761 wallets/accounts since last week