

Welcome to the 73rd 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 - 13th February 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.

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

Bojan Tomić and Domagoj Poljak have held a Bitshares workshop at Effectus University College for Law and Finance in Zagreb, Croatia. The Workshop was organized through the ongoing project of expanding BitShares towards Eastern Europe and The Balkans, initially through @apasia.tech presence to establish BitShares Slovenia. Full details HERE

The Bitcoin Latina team may have introduced ‘Bitcoin Latina’ a Bitshares UIA ‘BCL’. BCL has been said to capture the best of Bitcoin (mining creation mechanism), Ethereum (initial release mechanism) and BitShares (operational real time performance). Bitcoin Latina are also kindly airdropping 10 BCL tokens to all Bitshares holders on the 14th of February. You can get more information about Bitcoin Latina and the reasons they chose Bitshares as their backbone HERE

CryptoBridge (A Exchange platform operating on the Bitshares network) has announced that they have added 6 new members to the team. New additions to the team include 2 mobile developers, 2 backend developers, frontend developer and a manager. The platform has had an explosive entry into the space and has an ambitious roadmap (including Multi signature federated gateway network/protocol, decentralized margin and bond markets). They have also announced an updated/revised roadmap will be released in March 2018. Find more information HERE

The Bitshares Blockchain Foundation has announced new email addresses to support workers and improve communications and processes. Separate email accounts have been setup for new and existing workers, invoices and reports. Any current or future workers should see the official announcement and use these new addresses for all future communications with the BBF. You can find the full details HERE

This week CryptoBridge have distributed the equivalent 11.8286 BTC or approximately $119,066.68 USD in staking rewards to holders on the Bitshares UIA Bridge.BCO (Staking required locking the token to the network in order to receive a share of trading commissions on the platform). This month has seen 5564 users staking the token and looking month on month there is no trouble seeing their platform is growing from strength to strength. This can also be observed in trading volume of the Bridge.*** assets on the DEX which are increasingly visible within the Most active DEX pairs. More information HERE

This week has seen a 47.52% increase in BTS committed to Open orders on the Bitshares DEX. Open orders are akin to Market Makers who are providing liquidity to the Bitshares DEX either from open buy or sell orders.

From this week forward the Top 100 table in the data below contains BTS holdings, Open orders and BTS as collateral. The new addition here is BTS as collateral which was not reported in my previous reports. I have updated the reference data so that %Change does include last week’s total including BTS as collateral which should give an accurate % change of overall BTS holdings per account. This change was requested by @funcrypto last week and after a community poll it was agreed that including the collateral will help give a more accurate picture of the top accounts on the network.

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 739324; an increase of 29287 wallets/accounts since last week

Smartcoin issuance chart showing weekly change since the start of 2017

Number of accounts holding BTS (off exchanges)

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

Bitcoin Latina launching on Bitshares

BitShares in The Balkans: University Workshop in Zagreb, Croatia - 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 2,608,654,672 491,076.00 0.02% BTS Stealth 287,492 - 0.00% BTS in Open Orders (DEX - T250) 12512984 4,030,546.00 47.52% Reserve Pool 991918482 -491,076.00 -0.05% RP Accumulated fees 37401 - 0.00% Collateral (top 250) backing Smartcoins 428731283 14,360,348.00 3.47% Top 100 Total 1,448,920,334 282,270,913.33 24.20% Top 100 - minus Exchanges 705,592,078 289,702,207.33 69.66% Exchanges 743,328,256 -7,431,294.00 -0.99% Non Exchanges 1,865,326,416 7,922,370.00 0.43%

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 USDT 0.23467427 0.23468351 25,846,995.92 6,065,863.80 48.99 -79.2% BTC 0.0000274 0.23 22,575,024.71 5,256,586.93 42.8% -62.7% BITCNY 1.45 0.23353806 2,132,315.11 497,976.73 4.0% -83.5% ETH 0.00027951 0.23277974 2,030,474 472,653.30 3.8% -70.3%

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.BTC 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 2,608,654,672 0.234 2,608,654,672 $609,839,393.75 0.019% BTS Stealth 287,492 0.234 287,492 $67,208.57 0.000% Reserve Pool 991,918,482 0.234 991,918,482 $231,886,179.57 -0.049% Accumulated fees 37,401 0.234 37,401 $8,743.44 0.000% BitUSD 14,676,962 4.25 62,377,089 $14,582,231.31 -8.383% BitCNY 214,187,182 0.667 142,862,850 $33,397,825.71 5.216% BitEUR 132,583 5.23 693,409 $162,102.02 -0.753% BitBTC 42 36,380 1,527,960 $357,199.52 -11.950% BitGold 194 5,634 1,092,996 $255,515.62 0.000% BitSilver 21,947 70 1,536,290 $359,146.87 -0.005% Ruble 9,989,706 0.0735 734,243 $171,648.07 -20.689% HERO 1,300 680 884,000 $206,657.49 -26.802%

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 5690 36 bitshares-munich 5460 12 bituniverse 4184 108 compumatrix1 2572 2 digital-nomad 2446 22 sdr 2380 1 jianjolly-0 1743 0 cryptofresh 1719 30 magicw 1594 30 bcp2017 1188 5 stormheart 1146 0 estefantt 1068 12 by24seven 994 23

Vote Proxies

This section will track the change in proxy voting

Account Opinions Followers Weight (M) Weight Change (M) bitcrab 69 87 169.4 -7.5 xeroc 41 209 156.6 -3.8 openledger 36 8786 147 0.1 michaelx 52 101 77.3 -1.2 still 85 354 65.2 -0.6 blckchnd 32 1541 48.6 -5.1 abit 50 749 26.1 0 fav 32 155 26 -0.3 baozi 30 61 22.4 -1.6 payger 20 6 12.1 0

Committee Members

This section will track shareholder approval of committee members

Account Votes (M) Votes Change (M) bitcrab 943.6 63.2 abit 932.2 66.1 bhuz 820.6 52.1 xeroc 800.6 56.2 openledgerdc 716.9 70.6 bunkerchainlabs-com 702.8 62.2 witness.still 695.8 72.1 clayop 626.9 65.2 ebit 561.3 86 chris4210 552.6 89.4 fav 412.8 -9.7

Active Witnesses

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

Rank Witness Votes Missed Missed W/W 1 in.abit 1.6.35 876.2 718 1 2 bhuz 1.6.17 782.4 1584 2 3 roelandp 1.6.74 778.9 37 1 4 witness.yao 1.6.71 771.3 3565 1 5 witness.still 1.6.69 764.5 9222 6 6 xn-delegate 1.6.59 750.5 2856 7 7 delegate-1.lafona 1.6.28 697.1 4407 1 8 xeldal 1.6.22 685.7 2277 4 9 delegate-zhaomu 1.6.98 684.2 21 5 10 abc123 1.6.65 668.9 1294 8 11 xman 1.6.64 643.1 1678 5 12 verbaltech2 1.6.34 610.1 3909 13 rnglab 1.6.45 596.7 2106 7 14 sahkan-bitshares 1.6.73 580.5 1199 2 15 fox 1.6.16 575.7 3666 40 16 delegate.freedom 1.6.63 575.5 4882 2 17 crazybit 1.6.84 566.6 480 2 18 elmato 1.6.20 547.5 4333 3 19 openledger-dc 1.6.76 540.7 648 5 20 blckchnd 1.6.75 452.8 959 2 21 wackou 1.6.18 427.8 1873 12 22 witness.hiblockchain 1.6.105 405.3 0 23 billbutler-witness 1.6.92 387.6 478 1 24 winex.witness 1.6.101 387.2 1 25 delegate.taolje 1.6.38 387.1 4771

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 poloniexcoldstorage 230,001,204 - 0.00% 2 binance-cold-1 114,787,664 - 0.00% 3 binance-bitshares-gvbdb84k6h 78,559,302 489,146.00 0.63% 4 zbbts 78,059,951 7,622,221.00 10.82% 5 delta-lion 72,833,164 -2,179,920.37 -2.91% 6 gamma-rabbit 63,822,581 -11,600,592.13 -15.38% 7 poloniexwallet 60,738,160 -20,899,974.00 -25.60% 8 zbchubei01 60,000,090 - 0.00% 9 bitcc-bts-cold 46,750,970 5,610,658.00 13.64% 10 bittrex-deposit 24,466,477 -181,732.00 -0.74% 11 ranchorelaxo2017 21,769,774 4,791,489.00 28.22% 12 alpha-dog 20,203,306 5,527,821.35 37.67% 13 abit 20,081,511 - 0.00% 14 btschbtc 17,000,984 - 0.00% 15 stan 15,470,955 - 0.00% 16 a2dcdf323a8a576408f62604b17a... 15,315,859 -718,064.00 -4.48% 17 jubi-bts 14,591,906 - 0.00% 18 the-ae 12,764,306 7,235,250.00 130.86% 19 ld636433 12,462,609 4,155,578.41 50.02% 20 alexna64 12,143,695 - 0.00% 21 aloha 11,829,826 -2,281,789.00 -16.17% 22 yun-bts 11,321,340 -71,613.00 -0.63% 23 echocold1 11,097,651 - 0.00% 24 anonymous 11,063,774 78,217.00 0.71% 25 evan 10,659,692 - 0.00% 26 gate-io-bts 10,437,572 9,437,572.00 943.76% 27 getch-bts 9,535,172 - 0.00% 28 graphene2015 9,258,794 31,530.00 0.34% 29 virtual-ventures 9,153,485 - 0.00% 30 yoyow.team 8,876,484 - 0.00% 31 onceuponatime 8,822,647 -283,519.00 -3.11% 32 ibilitlan-scoltock 8,673,958 - 0.00% 33 bts-subscribe 8,275,316 -49,106.00 -0.59% 34 roje 8,040,409 - 0.00% 35 cievia-waugaman 7,990,214 - 0.00% 36 mr-wang 7,856,959 - 0.00% 37 invictus 7,494,364 - 0.00% 38 jiny2 7,438,984 - 0.00% 39 haeassa-granovsky 7,431,931 - 0.00% 40 btercom 7,050,208 - 0.00% 41 abc.btsbots 7,025,540 -2,000,000.00 -22.16% 42 tel-911 7,000,020 - 0.00% 43 cass 6,737,585 - 0.00% 44 denkhaus 6,715,773 -1,585,710.00 -19.10% 45 abinia-rivard 6,550,563 - 0.00% 46 enki 6,512,954 1,856,805.00 39.88% 47 keebler-kahn 6,500,770 - 0.00% 48 tyrone-shoelaces 6,498,541 - 0.00% 49 tsuratsura-3557 6,390,852 - 0.00% 50 adidas.com 6,376,034 376,034.05 6.27% 51 bts-morning 5,899,220 - 0.00% 52 btsbank-alpha 5,892,076 13.40 0.00% 53 bristolbay 5,870,124 -63,380.00 -1.07% 54 fericia-brick 5,766,623 - 0.00% 55 btszhqxf 5,734,712 - 0.00% 56 spring 5,560,779 - 0.00% 57 storj 5,548,173 447.00 0.01% 58 hnnr8 5,460,998 - 0.00% 59 cadord-ozois 5,423,173 - 0.00% 60 xhunter 5,192,094 - 0.00% 61 jeraud-kanze 5,172,698 - 0.00% 62 arbor4 5,008,537 - 0.00% 63 rvrts 4,963,633 - 0.00% 64 bitcoinindonesia 4,915,161 429,369.00 9.57% 65 linhan 4,824,288 194.00 0.00% 66 brother-john 4,812,086 -187,924.00 -3.76% 67 geravia-mackinnon 4,777,691 - 0.00% 68 bettersbts 4,664,417 1,106,255.28 31.09% 69 xgqing 4,351,903 - 0.00% 70 btsxzzh2 4,348,432 - 0.00% 71 seer 4,213,794 350,000.00 9.06% 72 ptschina 4,114,442 -25.00 0.00% 73 quonael-lievesley 4,087,235 - 0.00% 74 bts1998 4,000,023 1,676,471.07 72.15% 75 coldstorage1 4,000,000 - 0.00% 76 oh-bts 4,000,000 - 0.00% 77 super-bts 3,999,990 - 0.00% 78 slim 3,939,098 - 0.00% 79 wesley-waugaman 3,921,027 - 0.00% 80 ifly 3,904,917 2,904,917.00 290.49% 81 serg 3,867,349 - 0.00% 82 goodc0re 3,778,712 - 0.00% 83 backup.yao 3,626,762 1,626,761.52 81.34% 84 peak-yannie 3,333,334 2,333,334.00 233.33% 85 rit-capital-partners 3,306,194 -329,961.98 -9.07% 86 y-123 3,232,649 147,619.62 4.79% 87 bafohald-degeorge 3,189,866 - 0.00% 88 scottmclane 3,177,116 - 0.00% 89 livecoin-net 3,164,344 265,322.00 9.15% 90 bilbo-baggins 3,151,030 - 0.00% 91 lao-wallet 3,140,242 - 0.00% 92 cylonmaker2053 3,135,503 - 0.00% 93 lyh-2012 3,121,901 181,658.00 6.18% 94 aleks 3,052,476 -2,637,099.64 -46.35% 95 makkiavelli1977 3,036,928 137,119.00 4.73% 96 null-account 3,011,947 - 0.00% 97 mcxcwbts 3,000,686 - 0.00% 98 billion-hero-prize 3,000,000 - 0.00% 99 roland.sun 2,923,130 - 0.00% 100 jackkang 2,860,941 - 0.00%

Thanks for viewing :)

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