

Welcome to the 64th 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 - 5th December 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.

This week has seen a 26% increase in the smartcoin supply making a new All Time High in the circulating supply of smartcoins within the Bitshares platform. The largest increase in circulating supply came from BitUSD which has increased by 38% and the Ruble by 22%, followed by BitCNY and BitEUR which both seen 16% increases.

The exchange AEX.com has opened BitCNY trading pairs this week. This now means that both BitUSD and BitCNY (fully collateralized smart coins) are base pairs being offered against some of the major cryptocurrencies such as Bitcoin, Bitcoin Cash, Litecoin and Ethereum; currently over 1.5 Million USD have been traded on the smartcoin markets. Visit AEX.com for more details

@Billbutler has announced the latest release of the Bitshares reference wallet (v2.0171205). This release includes features such as a new header and navigation menu with prominent icons for each menu item, contact lists and the ability to make bulk payments. On the roadmap they have TradingView integration (researched and planned), redesign of the Deposit/Withdrawal screens and responsive design. Check out the full list of changes and get more details HERE

Bitspark has released a roadmap for the future of the Zephyr project and what it means for Bitshares. The extensive vision described in the documents covers liquidity, market making/trading bots as well as timelines and mission statements. Recommended reading which can be found HERE

@ash has released this month’s Social media Statistic's which is showing large amount of interest in the last 6 months when compared to the time last year. More information HERE

@ravid has been working on a Wikipedia page for Bitshares and this week has announced that it is live and ready for viewing HERE. You can find his announcement about this page HERE

@bondonblockchain has announced their presale for the Bond Crypto-Property Asset Fund. They propose a Bond Unit as a digital representation of an equity share of Bond’s asset portfolio, implemented as a user issued asset (UIA) on the Bitshares blockchain. The presale allows for 5,000,000 Units to be sold to investors. You can see the announcement HERE or visit their website at bondonblockchain.com

@taconator has released the 'Fees Collected on the BitShares blockchain through October 2017' report. This month has seen 2.31 million BTS were collected for 7.89 million operations. You can view the full Report HERE

Prolific author and Bitshares advocate Michael Taggart has written a number of articles this week focusing Bitshares for remittance markets, Market manipulation and alternatives to the controversial USDT: BitShares Taking Remittance Industry By Storm, Tether’s USDT Drama Continues, Are Cryptocurrency Exchanges Trying to Sabotage BitShares?. To keep up to date with some really great articles follow Michael on Medium and help to bring exposure to these articles by 'clapping' and sharing them with other crypto enthusiasts.

CryptoKitties has shown the crypto world what happens when you take a very successful project and place it on a blockchain that is not ready to handle that kind of load. The Ethereum Network has seen a large increase in pending transactions in the last few days due to crypto fanatics trading cats on chain. Perfect time to mention that Bitshares has been proven to process 3300+ Transactions per second. More information on Ethereums CryptoKitties 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

Current registered wallets/accounts within the Bitshares network is 483042; an increase of 6767 wallets/accounts since last week

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

The last asset registered this week is asset #2510 and it is named 'WIKICOIN' registered by 'bihz' with the description 'This is an experiment token for WIKIPEDIA. It looks like WIKIPEDIA is not making enough to sustain itself. WikiCoin is a token set up to donate to WIKIPEDIA. Minus expenses, 90% of the 1.2% transaction fee will go to WIKIPEDIA. Expenses fees will vary.'.

Smartcoin issuance chart showing weekly change since the start of 2017

# of Accounts holding BTS (only have a few weeks of data so far)

@fav has shared this months r/Bitshares Reddit Statistics - HERE

@fav has shared 1 day of Twitter Statistics - HERE

Bitshares Reference wallet v2.0171205

Transaction & Market cap comparisons source

Great art work from the very talented BTS-Bourgeoisie

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 2,603,756,350 795,217.00 0.03% BTS Stealth 287,432 - 0.00% BTS in Open Orders (DEX - T250) 10586240.83 927,440.00 8.91% Reserve Pool 996,819,295 -795,028.00 -0.08% RP Accumulated fees 190,308 -1,906.00 -1.00% Collateral (top 250) backing Smartcoins 468196937 18,862,645.00 4.38% Top 100 Total 1,134,692,191 -25,171,371.00 -2.10% Top 100 - minus Exchanges 453,316,903 -47,058,334.00 -9.89% Exchanges 681,375,288 21,886,963.00 3.02% Non Exchanges 1,922,381,062 -21,091,746.00 -1.12%

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 0.00001422 0.16509015 94,693,583.70 15,632,977.99 70% 54.4% USDT 0.171 0.17 32,721,076.00 5,595,342.55 24.2% 100.7% ETH 0.00035914 0.16518793 6,762,500.59 1,117,083.49 5.0% -80.8% BNB 0.0647 0.16444453 1,087,652 178,858.41 0.8% -99.1% USD 0.167493 0.167493 1,243.04 208.2005 0.0% -10.0% EUR 0.10202 0.12102734 1,224.96 148.2537 0.0%

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 Open.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 2,603,756,350 0.167 2,603,756,350 $434,051,443.13 0.031% BTS Stealth 287,432 0.167 287,432 $47,915.50 0.000% Reserve Pool 996,819,295 0.167 996,819,295 $166,171,790.05 -0.080% Accumulated fees 190,308 0.167 190,308 $31,724.73 -0.992% BitUSD 9,310,052 6.02 56,046,513 $9,310,052.00 38.229% BitCNY 93,584,182 0.91 85,161,606 $14,196,611.68 16.910% BitEUR 88,042 7.14 628,620 $104,792.20 16.555% BitBTC 50.9 70,440 3,585,396 $597,692.76 2.004% BitGold 90 7684 691,560 $115,284.45 0.000% BitSilver 8,820 98.73 870,799 $145,163.89 0.000% Ruble 3,950,340 0.1028 406,095 $67,696.85 22.322% HERO 1,579 960 1,515,840 $252,693.59 3.745%

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 5334 7 btsabc 4771 100 compumatrix1 2477 9 sdr 2345 0 digital-nomad 2203 22 bituniverse 1906 170 jianjolly-0 1743 0 stormheart 1146 1 cryptofresh 1105 36 magicw 935 11 xeroc 911 0 ebit 801 9 fav 708 7

Vote Proxies

This section will track the change in proxy voting

Account Opinions Followers Weight (M) Weight Change (M) xeroc 31 217 231.1 -2.8 bitcrab 66 75 230.5 9.9 still 10 210 93.2 -2.6 openledger 2 2578 84.4 28.8 baozi 23 69 50.5 6.5 fav 22 133 41.9 2.3 blckchnd 22 781 24.5 -0.2 laomao 35 4 22 -2.6 abit 41 464 14.8 -6.3 bitshares-munich-wallet 19 22 14.5 -2.1

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 1.6.35 925.2 708 1 2 openledger-dc 1.6.76 879.1 603 2 3 witness.yao 1.6.71 838.8 3555 4 witness.still 1.6.69 828.2 9113 5 bhuz 1.6.17 826.7 1573 3 6 xn-delegate 1.6.59 811.6 2818 7 roelandp 1.6.74 780.8 27 8 blckchnd 1.6.75 778.4 908 6 9 sahkan-bitshares 1.6.73 759.1 893 10 delegate-1.lafona 1.6.28 735.1 4377 1567 11 crazybit 1.6.84 673.8 453 1 12 rnglab 1.6.45 669.9 2064 2 13 abc123 1.6.65 647.2 1274 14 delegate.baozi 1.6.37 626.8 1470 15 xeldal 1.6.22 611.3 2253 16 wackou 1.6.18 567.1 1844 1 17 xman 1.6.64 523.3 1641 18 verbaltech2 1.6.34 489.2 3821 2 19 delegate.freedom 1.6.63 478.3 4861 20 mr.agsexplorer 1.6.24 473.8 5725 21 cyrano 1.6.21 428.1 3539 22 delegate.ihashfury 1.6.26 426.4 869 23 roadscape 1.6.13 418 1465 24 delegate-clayop 1.6.27 417.1 4842 25 elmato 1.6.20 406.4 4269

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 230,001,204 0 - 0.00% 2 poloniexwallet 167,468,991 0 -18,724,137.00 -10.06% 3 bitcc-bts-cold 79,042,348 0 -2,000,001.00 -2.47% 4 bittrex-deposit 51,323,400 0 -3,493,163.00 -6.37% 5 zbbts 48,309,221 0 -1,463,516.00 -2.94% 6 binance-cold-1 45,008,888 0 44,008,888.00 4400.89% 7 yun-bts 21,905,928 0 -2,609,303.00 -10.64% 8 btschbtc 18,000,986 0 -10,000,002.00 -35.71% 9 a2dcdf323a8a576408f62604b17a8a52 17,561,692 0 2,740,257.00 18.49% 10 jubi-bts 14,591,064 0 -31,510.00 -0.22% 11 echocold1 12,847,656 0 - 0.00% 12 stan 12,510,820 0 -2,690,203.00 -17.70% 13 alexna64 12,143,695 0 - 0.00% 14 binance-bitshares-gvbdb84k6h 12,107,232 0 8,641,833.00 249.37% 15 evan 10,659,692 0 - 0.00% 16 getch-bts 9,533,359 0 - 0.00% 17 virtual-ventures 9,318,078 0 - 0.00% 18 coinegg-main 9,218,227 0 -434,723.00 -4.50% 19 roje 8,850,419 0 - 0.00% 20 ibilitlan-scoltock 8,673,958 0 - 0.00% 21 cievia-waugaman 7,990,213 0 - 0.00% 22 graphene2015 7,744,451 0 - 0.00% 23 invictus 7,494,364 0 - 0.00% 24 jiny2 7,438,984 0 - 0.00% 25 haeassa-granovsky 7,431,931 0 - 0.00% 26 exxbts 7,142,038 0 6,142,038.00 614.20% 27 cass 7,000,020 0 - 0.00% 28 abinia-rivard 6,550,563 0 - 0.00% 29 keebler-kahn 6,500,770 0 - 0.00% 30 bitcoinindonesia 6,362,082 0 1,347,252.00 26.87% 31 tyrone-shoelaces 6,306,090 0 - 0.00% 32 fericia-brick 5,766,623 0 - 0.00% 33 btszhqxf 5,734,712 0 - 0.00% 34 tsuratsura-3557 5,667,772 0 - 0.00% 35 yoyow.team 5,579,049 0 - 0.00% 36 storj 5,547,726 0 - 0.00% 37 spring 5,482,704 0 - 0.00% 38 hnnr8 5,460,997 0 - 0.00% 39 linhan 5,425,095 0 - 0.00% 40 cadord-ozois 5,423,173 0 - 0.00% 41 onceuponatime 5,192,430 80200 2,121,804.00 69.10% 42 xhunter 5,192,094 0 - 0.00% 43 jeraud-kanze 5,172,698 0 - 0.00% 44 stat-dude 5,167,773 452826 422,709.00 8.91% 45 ld636433 5,092,411 0 2,320,428.00 83.71% 46 brother-john 5,074,573 0 - 0.00% 47 arbor4 5,008,537 0 - 0.00% 48 zbsend 5,002,737 0 1,238,134.00 32.89% 49 bts-subscribe 4,985,672 0 -2,681,919.00 -34.98% 50 geravia-mackinnon 4,777,691 0 - 0.00% 51 oh-bts 4,417,085 0 - 0.00% 52 xgqing 4,351,903 0 - 0.00% 53 btsxzzh2 4,348,432 0 - 0.00% 54 quonael-lievesley 4,087,235 0 - 0.00% 55 gamma-rabbit 4,000,081 0 4,000,070.80 39216380.39% 56 coldstorage1 4,000,000 0 - 0.00% 57 super-bts 3,999,990 0 - 0.00% 58 slim 3,946,554 0 - 0.00% 59 wesley-waugaman 3,921,027 0 - 0.00% 60 serg 3,867,349 0 - 0.00% 61 bts-scotter 3,847,932 1000112 -3,037,275.00 -44.11% 62 livecoin-net 3,781,877 0 -8,172.00 -0.22% 63 goodc0re 3,778,207 0 - 0.00% 64 bts-morning 3,672,829 0 -88,694.00 -2.36% 65 jackkang 3,482,938 0 - 0.00% 66 bitspark-deposit 3,405,162 0 - 0.00% 67 laplap5 3,341,271 0 - 0.00% 68 ajc14 3,329,684 1399684 -1,253,917.00 -27.36% 69 binance-bts-1 3,274,147 0 -34,573,030.00 -91.35% 70 jaehyuk 3,227,053 0 - 0.00% 71 bafohald-degeorge 3,189,866 0 - 0.00% 72 scottmclane 3,177,116 0 - 0.00% 73 wind-flower 3,174,192 0 - 0.00% 74 bilbo-baggins 3,151,030 0 - 0.00% 75 lao-wallet 3,140,242 0 - 0.00% 76 null-account 3,011,947 0 - 0.00% 77 swipetoken888 3,000,006 0 2,000,006.00 200.00% 78 billion-hero-prize 3,000,000 0 - 0.00% 79 mr-wang 2,974,974 2750000 1,549,390.00 108.68% 80 tel-911 2,909,136 0 - 0.00% 81 kryptobeast07 2,849,780 0 - 0.00% 82 koocaa 2,781,355 0 - 0.00% 83 tong-xin 2,772,166 2772001 - 0.00% 84 roland.sun 2,733,575 0 - 0.00% 85 random123 2,700,607 0 - 0.00% 86 sk 2,700,009 0 599,999.00 28.57% 87 aex-bts-deposit-wallet 2,629,409 0 -833,792.00 -24.08% 88 hardfork2 2,545,413 0 - 0.00% 89 chainsquad 2,528,014 0 - 0.00% 90 thread 2,513,484 0 -12,584.00 -0.50% 91 hodor 2,509,880 0 - 0.00% 92 dark-angel 2,505,777 0 - 0.00% 93 btercom 2,449,111 0 - 0.00% 94 dev.bitsharesblocks 2,419,671 0 - 0.00% 95 exx-btssend 2,311,985 0 1,311,985.00 131.20% 96 spook 2,296,849 0 - 0.00% 97 poloniex 2,239,554 0 5,310.00 0.24% 98 nana-roseannadana 2,209,986 0 - 0.00% 99 yvg1900 2,201,037 0 - 0.00% 100 kedaliwin-tefft 2,192,433 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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Best part is at anytime in the future If you decide to buy an LTM (Lifetime membership - which gives you an 80% reduction in fees and other premium features) i will rebate 10% of your membership costs in BTS.