

Welcome to the 28th Bitshares State of the Network (BSotN) report. I will be releasing this report weekly to look at 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 - 28th March 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.

Alfredo Garcia (Bitshares Core Dev) has been focusing on Github issues this week and has been working with Alex and Gordon on the Stealth implementation; check out his progress HERE

@svk has released a new Bitshares client (v. 2.0.170328) featuring a "steemit style login" allowing users to generate keys via a password (make sure you use a long complex password!); this means all that is required to login to your account via the new method is a username and password which makes logging in from multiple devices a breeze. Also added is a quick buy option allowing simple purchase of assets with BTC via Blocktrades integration. All this and more along with a bunch of bug fixes; - Checkout the latest updates notes HERE or download the latest version for your computer HERE - https://bitshares.org/wallet has also been updated with the latest updates.

Peerplays Jonathan Baha'i has released the new Peerplays promotional video "PeerPlays Crowdfunding - Feel the Power of PeerPlays". Also Jonathan has announced a promotional contest that will award a prize of $500 Bitcoin reward to the authors of the most resteemed, retweeted, liked or otherwise most viral content relating to Peerplay's; contest starts Tuesday and runs for 72 hours; Also mentioned is whales will be watching peerplay's content on steem so make sure you get posting and get some whale love as well as a chance to take the major prize; for more information on either of these topics please listen to Jonathan's official update on the latest Beyond Bitcoin Hangout which you can find HERE

@kencode has released his weekly update filled with news from a number of projects that Bitshares-Munich are working on (BlockPay, C-IPFS, Bitshares Stealth, Smartcoins Wallet). Find all the latest updates HERE

An independent report has been discovered this week titled "GRAPHENE – AN OPEN SOURCE BLOCKCHAIN" written by PHIL MESNIER a partner and principal engineer for OCI (Object Computing) an Open Source software engineering firm serving Fortune 500 companies. You can visit their website HERE or view the report HERE

@jonnybitcoin has published a video tutorial showing how to get setups and trading via the market maker bots provided by BTSBOTS.com; BTSBOTS is a web platform and Android app allowing anyone to trade or setup automated bots to trade on their behalf. You can view the tutorial HERE once your done visit BTSBOTS.com or get the BTSBOT app HERE

@bloggersclub (Ronny Boesing CEO of Openledger) has created a proposal to become a Bitshares committee member; Please find his proposal 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 recipentes of the token giveaway.

This week the 'BitsharesDEX' telegram group pushed past 400 user's; with 416 users it is one of the most active channels of communication for the Bitshares community.

Orders on the Bitshares Decentralized Exchange (DEX) are up 30% W/W and BTS collateral backing of smartcoins is up 9.2%, seems like majority of this increased collateral has moved to fiat coins USD (Supply up 28%), CNY (Supply up 15%) and EUR (Supply up 152%). Also notable rises in BTC, Gold and Silver at roughly +5% W/W

The 2nd largest private holder of BTS has increased their position by 17% this week

This weeks Bitshares hangout recording has been published and is available HERE

This weeks Beyond Bitcoin hangout (Episode 200!!!) recording has been published. This week had talks from @peerplays @cm-steem and @virtualgrowth you can find more details and last weeks recording HERE

Current registered wallets/accounts within the Bitshares network is 158929; an increase of 817 wallets/accounts since last week

The last asset registered this week is asset #1318 and it is named 'LILWANGS' registered by 'virtual-growth' with the description 'LILWANGS are small pieces of WANGCHANGE and WANGCENTS to be given away through WANGCHANGE ideas.'.

New login methods: Wallet model / Account Model



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 2,591,759,437 1,641,189.00 0.06% BTS Stealth 266,837 - 0.00% BTS in Open Orders (DEX) 36,310,242.68 8,724,512.83 31.63% Reserve Pool 1,008,821,289 -1,641,538.00 -0.16% RP Accumulated fees 27,253 -163.00 -0.59% Collateral (top 250) backing Smartcoins 382093342 32,467,854.00 9.29% Top 100 Total 1,333,179,199 -43,411,726.27 -3.15% Top 100 - minus Exchanges 534,145,813 -8,185,200.82 -1.51% Exchanges 799,033,386 -35,226,525.44 -4.22% Non Exchanges 1,792,726,051 36,867,714.44 2.10%

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 0.00000508 0.00541516 36,140,259.91 195,705.22 82.5% -74.0% CNY 0.04 0.01 7,664,536.99 41,878.75 17.5% -89.5% USD 0.00956005 0.00956005 2,009.40 19.21 0.5% EUR 0.00532986 0.00572827 0 0 0.0% NXT 0.103 0.00072433 0 0 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 Open.BTC, Open.ETH and BTS

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 2,591,759,437 0.00542389 2,591,759,437 $14,057,418.09 0.0634% BTS Stealth 266,837 0.00542389 266,837 $1,447.29 0.0000% Reserve Pool 1,008,821,289 0.00542389 1,008,821,289 $5,471,735.70 -0.1625% Accumulated fees 27,253 0.00542389 27,253 $147.82 -0.5945% BitUSD 293,680 186.4 54,741,952 $296,914.33 28.6102% BitCNY 1,507,138 26.9 40,542,012 $219,895.41 15.7905% BitEUR 16,627 203 3,375,281 $18,307.15 152.4214% BitBTC 43.5 195,695 8,512,733 $46,172.12 4.0670% BitGold 10.76 233,570 2,513,213 $13,631.39 5.4902% BitSilver 1,664 3,359 5,589,376 $30,316.16 5.1169%

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 2361 56 jianjolly-0 1688 28 compumatrix1 1637 1 openledger 514 0 btsabc 466 19 fav 349 5 cryptofresh 333 2 gn1 242 4 ccm2015 227 1 cryptocurrency3 187 0 by24seven 177 3 steem-trail 148 11 sdr 138 15

Vote Proxies

This section will track the change in proxy voting

Account Opinions Followers Weight (M) Weight Change (M) xeroc 33 167 250.9 0.7 bitcrab 56 24 150 22.2 baozi 19 66 87.1 -0.8 laomao 35 3 44.6 1 bitshares-munich-wallet 9 11 28.8 0.4 harvey 57 5 22.4 0 jonnybitcoin 33 16 15.5 0 bytemaster 38 41 14.6 -0.1 fav 13 41 14.1 0.2 baicai 49 4 10.7 0.1

Committee Members

This section will track shareholder approval of committee members

Account Votes (M) Votes Change (M) bitcrab 661.6 0 chris4210 607.5 0 bhuz 579.1 0 xeroc 520.6 0 clayop 520.1 0 abit 513.2 0 bunkerchainlabs-com 448.1 0 ebit 348.4 0 harvey-xts 202.6 0 bitcube 110.5 0 fav 190.4 0

Active Witnesses

This section will track active witnesses and the changes in support

Rank Witness Votes Missed Missed Change W/W 1 in.abit 1.6.35 759.4 132 1 2 abc123 1.6.65 733.5 834 6 3 bhuz 1.6.17 723.6 1092 4 wackou 1.6.18 718.5 1269 5 delegate.baozi 1.6.37 710.8 984 47 6 fox 1.6.16 706 2889 5 7 verbaltech2 1.6.34 703.5 1192 2 8 witness.yao 1.6.71 687.9 1175 1 9 rnglab 1.6.45 686.3 1270 16 10 xman 1.6.64 680.2 1116 12 11 jerryliu 1.6.72 663 2738 12 xn-delegate 1.6.59 648.7 2283 13 delegate-clayop 1.6.27 638 2593 1 14 witness.still 1.6.69 615 6826 2 15 xeldal 1.6.22 563.2 868 4 16 datasecuritynode 1.6.49 536.9 1551 34 17 roadscape 1.6.13 529.3 1374 18 delegate.ihashfury 1.6.26 449 860 2 19 harvey-xts 1.6.23 400.5 4948 20 delegate.freedom 1.6.63 393.7 3564 3 21 spartako 1.6.15 340.4 961 22 mr.agsexplorer 1.6.24 323.5 824 23 public-witness-one 1.6.70 319.6 284 24 riverhead 1.6.31 285.2 1117 25 delegate.taolje 1.6.38 280.8 883

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(include orders) Orders Change W/W Change W/W % 1 poloniexcoldstorage 290001202.9 0 - 0.00% 2 bitcc-bts-cold 281419039.8 0 -20,000,002.77 -6.64% 3 poloniexwallet 131292449.5 0 -21,468,446.68 -14.05% 4 yunbi-cold-wallet 35003434.68 0 - 0.00% 5 pr1modiaprile 24999291.42 0 - 0.00% 6 bittrex-deposit 24593857.33 0 2,706,441.44 12.37% 7 tsuratsura-3557 19548910.3 8000000 2,893,714.63 17.37% 8 stan 19377606.39 0 - 0.00% 9 btercom 17049117.35 0 - 0.00% 10 alohacs 16855553.92 0 - 0.00% 11 evan 12118147.13 0 - 0.00% 12 cass 11068343.65 0 - 0.00% 13 mcxcwbts 10818456.61 0 - 0.00% 14 crypto-maniac 10613394.97 0 - 0.00% 15 hnnr8 10471001.86 0 - 0.00% 16 blocktrades 10084804.42 6677.33872 6,669,744.12 195.30% 17 invictus 9815143.343 0 - 0.00% 18 yun-bts 9589480.573 0 929,884.40 10.74% 19 virtual-ventures 9318077.011 0 - 0.00% 20 funnycat-air 9308118.783 9300000 0.21 0.00% 21 jiny2 9263139.165 0 - 0.00% 22 jonnybitcoin 8855572.997 0 -1,500,298.82 -14.49% 23 roje 8850428.578 0 - 0.00% 24 ibilitlan-scoltock 8673958.411 0 - 0.00% 25 coldstorage1 8300000 0 - 0.00% 26 comp6 8144300.712 0 - 0.00% 27 cievia-waugaman 7990212.251 0 - 0.00% 28 bc-godpay 7563433.058 0 - 0.00% 29 haeassa-granovsky 7431930.353 0 - 0.00% 30 abinia-rivard 6550561.954 0 - 0.00% 31 goldsix 6349582.684 0 299,181.84 4.94% 32 ubris 5999999.845 0 - 0.00% 33 dev.bitsharesblocks 5804511.786 794522.0451 - 0.00% 34 fericia-brick 5766621.727 0 - 0.00% 35 btszhqxf 5734710.5 0 - 0.00% 36 miso69 5478227.737 0 - 0.00% 37 linhan 5425093.721 0 - 0.00% 38 cadord-ozois 5423172.409 0 - 0.00% 39 pay.xeroc 5390375.986 0 -2.82 0.00% 40 cissy 5383923.483 10000 - 0.00% 41 bristolbay 5325002.672 0 - 0.00% 42 xhunter 5233237.27 0 - 0.00% 43 jeraud-kanze 5172697.487 0 - 0.00% 44 ccedk.escrow2 5150294.966 0 - 0.00% 45 ironbank 5144966.404 8000 - 0.00% 46 laow 5057707.821 0 - 0.00% 47 lzr1900 5052738.366 0 -72,462.51 -1.41% 48 roland.sun 5022491.809 0 - 0.00% 49 tkoba99 5001704.78 1558.846 -6,198,118.07 -55.34% 50 prebuffo1970 4834033.476 0 - 0.00% 51 geravia-mackinnon 4777689.635 0 - 0.00% 52 mybak 4709246.334 0 - 0.00% 53 harvey 4699119.737 34839.54 - 0.00% 54 spring 4673511.803 110000 - 0.00% 55 satoshi-pie 4622790.181 0 - 0.00% 56 bts88 4527532 0 - 0.00% 57 onceuponatime 4491136.101 0 29,018.27 0.65% 58 impseu1 4432045.44 0 - 0.00% 59 teiva 4423898.412 177336.0167 - 0.00% 60 btsxzzh2 4348431.46 0 - 0.00% 61 enki 4336338.96 90714.09186 907,878.11 26.48% 62 kimziv0 4243443.222 0 67,007.05 1.60% 63 goodc0re 4211391.094 0 2,158,266.21 105.12% 64 slim 4153504.029 0 - 0.00% 65 stellar 4118034.258 4637.1 - 0.00% 66 quonael-lievesley 4087235.19 0 - 0.00% 67 bts-morning 3986844.009 0 494,998.00 14.18% 68 elendasa-benjamin 3925769.873 0 - 0.00% 69 wesley-waugaman 3921027.341 0 - 0.00% 70 hermes3 3832194.901 0 - 0.00% 71 wys 3706185.413 0 - 0.00% 72 jaehyuk 3627054.385 0 - 0.00% 73 tomotomo 3539801.456 0 3,399,137.45 2416.49% 74 cnfund 3519635.177 513897.4521 129,374.15 3.82% 75 laplap5 3493800.179 0 - 0.00% 76 mike-primorac 3479329.453 0 - 0.00% 77 koocaa 3453196.418 0 - 0.00% 78 nethyb 3442787.375 0 - 0.00% 79 keebler-kahn 3373253.992 0 1,774,673.60 111.02% 80 tomo 3333899.531 0 2,067,695.47 163.30% 81 tomotomo1 3332277.428 0 - 0.00% 82 scottmclane 3251127.476 0 - 0.00% 83 tyrone-shoelaces 3233062.134 0 - 0.00% 84 chryspano 3200097.451 0 - 0.00% 85 bafohald-degeorge 3189865.947 0 - 0.00% 86 aboy 3157215.578 0 -762,065.79 -19.44% 87 bunkerchainlabs-com 3076668.779 0 - 0.00% 88 bitgate-ico1 3040926.067 0 - 0.00% 89 null-account 3011944.766 0 - 0.00% 90 anonym7 2972988.998 0 - 0.00% 91 profoot 2949982.108 0 - 0.00% 92 ptschina 2889989.043 0 769,533.44 36.29% 93 trans.bot 2805227.908 699900.012 -512,839.09 -15.46% 94 ccddd 2800000 0 - 0.00% 95 bitcoinindonesia 2771107.279 0 667,854.86 31.75% 96 mostar 2751784.383 0 -105.02 0.00% 97 sk 2681288.12 0 - 0.00% 98 douglasriese1994 2642911.206 0 - 0.00% 99 wind-flower 2624196.323 0 949,995.00 56.74% 100 rand1 2586346.83 0 - 0.00%

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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! :)



Image Credit: @cass