

Welcome to the 72nd 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 - 6th 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.

A new version of Bitshares core (v. 2.0.180202) has been released this week. The update resolves some potential issues at the API and P2P level as well as other bug fixes and improvements. All nodes (especially active witnesses, seed nodes and public API nodes) are recommended to upgrade as soon as possible. More information HERE

The Bitshares Blockchain Foundation have been working with Lykke, a Swiss Fintech company building a regulated, blockchain-based global marketplace. This week they announced that the Bitshares (BTS) will be listed on the Lykke exchange. This could open pairs such as BTS-BTC, BTS-EUR and BTS-USD providing further fiat on/off ramps to the network. Smartcoins are also being considered. Find more information from BFF and Lykke

BitShares has been upgraded to B- on the Weiss cryptocurrency ratings released on the 2nd of February 2018. This puts the 3 leading Graphene chains sharing a B rating (Steem: B+, Bitshares: B- and EOS: B-). Out of all the rating B+ was the higher rating and only obtained by Steem; Bitshares, EOS, Ethereum and NEO all tie for third place with a B-. Screenshot provided below and source of the update HERE

@markopaasila has released his first progress report for the recently approved worker proposal 'DEXBot - User Friendly Bitshares Market Making Software'. The first report outlines their commitments to the Bitshares stakeholders as well as their current progress and some screenshots of their MVP (still in development). You can find the report HERE

@Stan Larimer has done an interview with Daniel Rage on his show "Star Struck". You can find the video HERE. This interview is part of a 3 part series that has not been fully recorded at the time of posting this report. More information HERE

The Bitshares blockchain via the Reserve pool (Bitshares holder controlled pool of funds to be used for any approved worker proposal) is now actively funding 10 projects/proposals. It is great to see that the Bitshares holders overall are putting the future of the platform as a priority and approving these workers to expand Bitshares into a brighter tomorrow!.

RuDEX team released their first monthly witness report that encompasses their activities during year 2017; The team are planning to post them once a month so be sure to stay tuned to @blockchained for future reports.

Bitshares witness verbaltech2 has release his monthly witness report. You can find all the information HERE

This week PoloniEX has enabled Bitshares BTS deposits and withdraws again after having the wallet offline for a bit over a week without communication to the Bitshares Blockchain Foundation.

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 710037; an increase of 21204 wallets/accounts since last week

Smartcoin issuance chart showing weekly change since the start of 2017

Number of accounts holding BTS (off exchanges) over the past 14 weeks

Top rated Cryptocurrencies as reported by WeissRatings on the 2nd of February 2018

DEXBot - Work In Progress - Early preview of GUI - source

Lykke to list BTS and possibly smartcoins; BTS-BTC/USD/EUR - 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 2,608,163,596 409,803.00 0.02% BTS Stealth 287,492 34.00 0.01% BTS in Open Orders (DEX - T250) 8482438 1,289,933.00 13.10% Reserve Pool 992409558 -409,803.00 -0.04% RP Accumulated fees 37401 - 0.00% Collateral (top 250) backing Smartcoins 414370935 -128,183,251.00 -24.84% Top 100 Total 1,166,649,421 77,211,982.00 7.02% Top 100 - minus Exchanges 415,889,871 -49,131,556.00 -12.01% Exchanges 750,759,550 126,343,538.00 18.30% Non Exchanges 1,857,404,046 -125,933,735.00 -6.57%

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 0.1870233 0.18676208 156,431,061.84 29,215,390.13 60% 241.5% BTC 0.00002838 0.18 76,907,152.98 14,085,134.30 29.7% 8.4% BITCNY 1.05 0.18762857 16,038,589.60 3,009,297.70 6.2% 129.1% ETH 0.00029189 0.18460747 8,617,854 1,590,920.15 3.3% 24.5%

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 Bridge.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 2,608,163,596 0.186 2,608,163,596 $484,238,903.93 0.016% BTS Stealth 287,492 0.186 287,492 $53,376.56 0.012% Reserve Pool 992,409,558 0.186 992,409,558 $184,253,517.44 -0.041% Accumulated fees 37,401 0.186 37,401 $6,943.97 0.000% BitUSD 16,019,834 5.52 88,429,484 $16,418,063.77 -25.325% BitCNY 203,568,597 0.864 175,883,268 $32,654,976.46 -53.388% BitEUR 133,589 6.85 915,085 $169,897.16 -31.619% BitBTC 47.7 35,436 1,690,297 $313,825.28 1.706% BitGold 194 7,321 1,420,274 $263,692.02 -22.400% BitSilver 21,948 91.8 2,014,826 $374,078.27 -1.957% Ruble 12,595,610 0.0955 1,202,881 $223,330.18 -28.991% HERO 1,776 890 1,580,640 $293,466.02 -18.569%

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 5654 91 bitshares-munich 5448 20 bituniverse 4076 100 compumatrix1 2570 14 digital-nomad 2424 16 sdr 2379 26 jianjolly-0 1743 1 cryptofresh 1689 43 magicw 1564 53 bcp2017 1183 6 stormheart 1146 0 estefantt 1056 26 by24seven 971 66

Vote Proxies

This section will track the change in proxy voting

Account Opinions Followers Weight (M) Weight Change (M) bitcrab 69 86 176.9 -149.3 xeroc 39 209 160.4 8.7 openledger 37 8622 146.9 22.4 michaelx 42 95 78.5 9.2 still 83 352 65.8 9.7 blckchnd 29 1528 53.7 6.3 fav 30 151 26.3 3.4 abit 50 754 26.1 4.6 baozi 30 60 24 8.8 payger 20 6 12.1 -0.6

Committee Members

This section will track shareholder approval of committee members

Account Votes (M) Votes Change (M) bitcrab 880.4 -53.6 abit 866.1 -52.7 bhuz 768.5 -39.1 xeroc 744.4 -57.7 openledgerdc 646.3 -71.5 bunkerchainlabs-com 640.6 -54.6 witness.still 623.7 -64.6 clayop 561.7 -53.9 ebit 475.3 -14.6 chris4210 463.2 -82.3 fav 422.5 -5.7

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 1.6.35 952.3 716 3 2 bhuz 1.6.17 892.3 1580 1 3 roelandp 1.6.74 878.1 33 1 4 witness.yao 1.6.71 865.8 3564 5 witness.still 1.6.69 854.1 9209 8 6 xn-delegate 1.6.59 843.5 2843 8 7 delegate-1.lafona 1.6.28 798.3 4405 4 8 xeldal 1.6.22 789.4 2266 9 delegate-zhaomu 1.6.98 782.7 11 2 10 abc123 1.6.65 692.1 1283 11 xman 1.6.64 671.9 1669 2 12 rnglab 1.6.45 655.4 2097 3 13 openledger-dc 1.6.76 654.8 640 3 14 crazybit 1.6.84 611.6 474 4 15 delegate.freedom 1.6.63 608.3 4874 5 16 elmato 1.6.20 604.5 4320 23 17 verbaltech2 1.6.34 550.6 3904 38 18 blckchnd 1.6.75 542.3 955 7 19 fox 1.6.16 537.6 3625 5 20 sahkan-bitshares 1.6.73 517.6 1196 21 delegate.ihashfury 1.6.26 507.9 870 1 22 billbutler-witness 1.6.92 496.6 475 6 23 bts-bitshares-argentina 1.6.33 473.9 29 24 delegate-clayop 1.6.27 472.3 5200 25 bitcrab 1.6.56 464.9 0

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 binance-cold-1 114,787,664 0 - 0.00% 3 poloniexwallet 81,638,134 0 1,564,212.00 1.95% 4 binance-bitshares-gvbdb84k6h 78,070,156 0 16,784,496.00 27.39% 5 zbbts 70,437,730 0 49,284,681.00 232.99% 6 zbchubei01 60,000,090 0 - 0.00% 7 bitcc-bts-cold 41,140,312 0 -600,001.00 -1.44% 8 bittrex-deposit 24,648,209 0 -584,367.00 -2.32% 9 btschbtc 17,000,984 0 - 0.00% 10 ranchorelaxo2017 16,978,285 0 - 0.00% 11 a2dcdf323a8a576... 16,033,923 0 5,637,929.00 54.23% 12 jubi-bts 14,591,906 0 - 0.00% 13 alexna64 12,143,695 0 - 0.00% 14 yun-bts 11,392,953 0 -105,573.00 -0.92% 15 echocold1 11,097,651 0 - 0.00% 16 evan 10,659,692 0 - 0.00% 17 getch-bts 9,535,172 0 - 0.00% 18 graphene2015 9,227,264 0 138,997.00 1.53% 19 abc.btsbots 9,025,540 0 8,025,540.00 802.55% 20 ibilitlan-scoltock 8,673,958 0 - 0.00% 21 roje 8,040,409 0 - 0.00% 22 cievia-waugaman 7,990,214 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 btercom 7,050,208 0 - 0.00% 27 tel-911 7,000,020 0 6,000,020.00 600.00% 28 cass 6,737,585 0 - 0.00% 29 abinia-rivard 6,550,563 0 - 0.00% 30 keebler-kahn 6,500,770 0 - 0.00% 31 tyrone-shoelaces 6,498,541 0 - 0.00% 32 tsuratsura-3557 6,390,852 0 1,515,851.00 31.09% 33 fericia-brick 5,766,623 0 - 0.00% 34 btszhqxf 5,734,712 0 - 0.00% 35 storj 5,547,726 0 - 0.00% 36 the-ae 5,529,056 0 4,244,932.00 330.57% 37 spring 5,486,723 0 - 0.00% 38 hnnr8 5,460,998 0 - 0.00% 39 cadord-ozois 5,423,173 0 - 0.00% 40 xhunter 5,192,094 0 - 0.00% 41 jeraud-kanze 5,172,698 0 - 0.00% 42 arbor4 5,008,537 0 - 0.00% 43 brother-john 5,000,010 0 4,000,010.00 400.00% 44 anonymous 4,985,557 0 -3,000,000.00 -37.57% 45 mr-wang 4,856,959 1500005 1,516,281.00 45.39% 46 linhan 4,824,094 0 -1,000.00 -0.02% 47 geravia-mackinnon 4,777,691 0 - 0.00% 48 bitcoinindonesia 4,485,792 0 324,890.00 7.81% 49 xgqing 4,351,903 0 - 0.00% 50 btsxzzh2 4,348,432 0 - 0.00% 51 quonael-lievesley 4,087,235 0 - 0.00% 52 coldstorage1 4,000,000 0 - 0.00% 53 oh-bts 4,000,000 0 - 0.00% 54 super-bts 3,999,990 0 - 0.00% 55 slim 3,939,098 0 - 0.00% 56 wesley-waugaman 3,921,027 0 - 0.00% 57 yoyow.team 3,876,484 0 3,876,435.10 7927270.14% 58 serg 3,867,349 0 - 0.00% 59 seer 3,863,794 0 2,863,794.00 286.38% 60 goodc0re 3,778,712 0 505.00 0.01% 61 bafohald-degeorge 3,189,866 0 - 0.00% 62 scottmclane 3,177,116 0 - 0.00% 63 bilbo-baggins 3,151,030 0 - 0.00% 64 lao-wallet 3,140,242 0 - 0.00% 65 tuki 3,090,667 0 2,910,601.00 1616.41% 66 null-account 3,011,947 0 - 0.00% 67 billion-hero-prize 3,000,000 0 - 0.00% 68 onceuponatime 2,946,166 125863 -4,865,808.00 -62.29% 69 makkiavelli1977 2,899,809 0 341,653.00 13.36% 70 livecoin-net 2,899,022 0 -111,568.00 -3.71% 71 jackkang 2,860,941 0 - 0.00% 72 koocaa 2,781,355 0 - 0.00% 73 tong-xin 2,772,166 0 - 0.00% 74 bunkerchainlabs-com 2,764,728 0 - 0.00% 75 wjlsf 2,671,651 784628 883,303.00 49.39% 76 bts-morning 2,584,085 0 -1,011,666.00 -28.14% 77 hardfork2 2,545,413 0 - 0.00% 78 chainsquad 2,528,014 0 - 0.00% 79 hodor 2,509,880 0 - 0.00% 80 dark-angel 2,505,777 0 - 0.00% 81 thread 2,504,935 0 - 0.00% 82 bitspark-deposit 2,483,276 0 -52.00 0.00% 83 wackou 2,416,743 0 - 0.00% 84 charlie-alpha-hotel 2,391,456 0 - 0.00% 85 yinchg 2,379,668 275000 1,379,668.00 137.97% 86 coinegg-main 2,374,350 0 -130,436.00 -5.21% 87 aex-bts-deposit-wallet 2,371,157 0 1,371,157.00 137.12% 88 sk 2,365,009 0 -100,000.00 -4.06% 89 asdbii-bts 2,361,998 0 - 0.00% 90 jaehyuk 2,342,153 0 342,100.00 17.10% 91 spook 2,296,849 0 - 0.00% 92 babydragon 2,275,275 63352 396,986.00 21.14% 93 poloniex 2,256,950 0 - 0.00% 94 nana-roseannadana 2,209,986 0 - 0.00% 95 yvg1900 2,201,037 0 - 0.00% 96 kedaliwin-tefft 2,192,433 0 - 0.00% 97 wayne-btsx 2,190,912 0 - 0.00% 98 random123 2,185,847 0 - 0.00% 99 vikramatrest.... 2,162,543 0 - 0.00% 100 talos 2,161,539 0 - 0.00%

Thanks for viewing :)

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