

Welcome to the 48th 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 - 15th August 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.

Bitspark has announced they are moving their remittance business to the Bitshares Network because it is better suited for the companies needs. Extract from their announcement 'As things stand currently, Bitshares offers the greatest benefits to a remittance company looking to utilise cryptocurrency as a means to send money quicker, cheaper and to more locations. Bitspark will be aiming for 180+ currencies, instant payments, no cost and zero counterparty risk.' You can find their official announcement HERE

The Bitshare UI worker proposal (raised by @billbutler) has been voted in with a slight modification. Existing issues in the Bitshares UI Github page will be given an estimated hourly value. An estimated issue is prefixed with a number in brackets like this: [2] A nasty bug. In this example, the bug is valued at two hours ($125 per hour). If you fix this issue according to these guidelines and your PR is accepted, this will earn you $250 bitUSD. You must have a Bitshares wallet and a Bitshares account to receive payment. You can find more information on the formation of this arrangement HERE or summary HERE. The README.md on the Bitshares UI Github repo has been updated with further details. Personally i think this is a great move forward and pull requests have already started rolling in for review!

POLOLOSTKEYS UIA created by @cm-steem and discussed HERE have been created and distributed to some members of the community and then forwarded to Poloniexcoldwallet; this occurred along with a bunch of twitter messages to PoloniEX regarding their lack of action on a number of occasion where their hot wallet ran empty causing delays for users in withdrawals and they even put the Bitshares market into 'maintenance' mode with a generic message suggesting issues with the Bitshares network itself.. After this effort from the community PoloniEX proceeded to move 30m BTS from their cold wallet with TXID:40b2b20e32eb4592e08d50d35bebce668ee0caf1 and users withdrawals started being processed.

ICOWallet.net team is developing a new mobile based simple ICO focused wallet currently available for Android and mobile web for iPhone. You can find more information HERE or test the mobile web version HERE

@Stan Larimer has spoken on a panel at the recent 100x Blockchain Investor Summit. The recording of the video is available HERE starting from 44:33

Ronny Boesing (CEO of OpenLedger) has mentioned on telegram that SZZC have confirmed the addition of BitCNY, ICOO and CVCoin to their exchange platform in the near future.

OCASH international payment cards ITO launching on the 31st of August. OCASH draws funds from the users’ contract wallet which support SmartCoins, like bitUSD, and more than 20 other existing cryptocurrencies from the OpenLedger crypto gateway including BTC, ETH, OBITS and BitShares. Find out more HERE

The Billion HERO Campaign Website has launched and you can now sign up for the newsletter to keep up to date on the latest news and as a bonus receive free coins. Visit HERE

KexCoin has announced an upcoming ICO to be hosted on the Bitshares network. Kexcoin seeks to raise 21,250 BTC by selling 8.5m KexCoins at 0.0025 BTC each. When the ICO launches the public supply of 8,500,000 KexCoins will be listed for sale on the BitShares decentralised exchange (DEX) under the pairing KEXCOIN_OPEN.BTC. Funds raised will be used to purchase property which will be rented out as student accommodation. 50% of the net profits from the portfolio will be used to buy back KexCoins directly from the market every 3 months and the other 50% of the net profits will be used to fund further property investment. Find out more information about their project on the KexCoin website HERE or you can view the Cryptoverse episode discussing the project HERE

@tsugimoto has combined a list of technical documentation for Bitshares and compiled them into table of contents with links to the relevant documents. This top level overview of the documentation has been posted to the Steem blockchain. You can find the post HERE

@cob has announced the new MUSE blockchain web wallet has been launched. If you owned MUSE on the old chain you can claim your new MUSE tokens on the new chains by following the guide HERE.

LSBTC - Light Speed Bitcoin and FBTC 'Fast Bitcoin' both registered by cryptonomex

New 3 Letter UIA (Premium UIA) HPB has been registered this week. HPB registered by 'wxmcan007' with the description 'HPB's token. Our website is http://gxn.io/'. From their website: 'HPB (High-performance Blockchain) is a new block-chain hardware and software architecture that includes a chip acceleration engine and a block-based underlying platform designed to extend the performance of distributed applications. Positioning as easy to use high-performance block chain platform, combined with the depth of the industry to meet the real business needs of the real world. This is done by creating a schema of a similar operating system that can build an application.'

Bitfinex has announced that it is immediately curtailing the services provided to U.S. customers and within 90 days will no longer serve the U.S. market. Their official announcement says 'Over the next 90 days, we will be discontinuing services to our existing U.S. individual customers'. More details HERE - Bitshares has and will continue to serve every person around the globe since 2015.

loyaltycoin.ch is launching a platform for loyalty points based off the Bitshares technology. Currently they seem to be looking at running their own Graphene chain and are considering a sharedrop to Bitshares network. When @fav asked about why they are using Bitshares on the ANN Page they said 'Bitshares is the best blockchain for our purpose due to the fantastic throughput and on chain exchange' . I think the current Bitshare eco-system would be great for their project given it would allow the open exchange of loyalty points to BitUSD, CNY, HERO, GOLD, SILVER and any other crypto asset on the network, also incorporating a sharedrop to the existing Bitshares accounts could bootstrap their project and provide instant userbase for the new start-up. It will be interesting to see how the management team grow this project going forward.

@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 recipients of the token giveaway.

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

Current registered wallets/accounts within the Bitshares network is 384229; an increase of 2949 wallets/accounts since last week

The last asset registered this week is asset #1587 and it is named 'GANJA' registered by 'tajnost' with no description.

Smartcoin issueance chart showing weekly change since the start of 2017

Telegram user 'BTS-Bourgeoisie' has been creating great graphics over the last week. This one is my favourite

ICOWallet.net - New mobile based simple ICO focused wallet from the ICOWALLET team in China

Bitspark - MONEY TRANSFERS MADE EASY - Bitspark Switching to Bitshares for Remittances

OCASH international payment card from OpenLedger - More info HERE

Contribute to Bitshares UI and get paid $125 per hour - more details HERE

Google Trends: Bitshares - Interest by region

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 2,597,864,737 186,630.00 0.01% BTS Stealth 269,289 -1,035.00 -0.38% BTS in Open Orders (DEX - T250) 2441305.9 -799,210.00 -24.66% Reserve Pool 1002707906 -186,047.00 -0.02% RP Accumulated fees 50946 1,570.00 3.18% Collateral (top 250) backing Smartcoins 385116045 2,202,702.00 0.58% Top 100 Total 1,555,211,709 1,899,758.00 0.12% Top 100 - minus Exchanges 430,161,594 -4,832,631.00 -1.11% Exchanges 1,125,050,115 6,732,389.00 0.60% Non Exchanges 1,472,814,622 -6,545,759.00 -0.44%

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 CNY 0.98 0.15 371,327,666.79 54,522,007.97 85.7% 65.7% BTC 0.00003344 0.15 61,430,813.14 8,926,217.93 14.2% 131.6% ETH 0.00050138 0.14847487 351,508.29 52,190.15 0.1% 95.8% USD 0.144056 0.144056 1,383.63 199.32 0.0% EUR 0.133049 0.1561762 133.03 20.7761 0.0% WAVES 0.03 0.15632097 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 CNY, PPY 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 2,597,864,737 0.14661498 2,597,864,737 $380,885,886.46 0.007% BTS Stealth 269,289 0.14661498 269,289 $39,481.80 -0.383% Reserve Pool 1,002,707,906 0.14661498 1,002,707,906 $147,011,999.58 -0.019% Accumulated fees 50,946 0.14661498 50,946 $7,469.45 3.180% BitUSD 3,564,819 6.93 24,704,196 $3,564,819.00 -4.106% BitCNY 80,129,368 1.024 82,052,473 $12,030,121.66 4.912% BitEUR 104,414 8.13 848,886 $124,459.38 0.871% BitBTC 75.2 29,627 2,227,950 $326,650.90 5.915% BitGold 90 8873.79 798,641 $117,092.75 0.000% BitSilver 8,485 116.8 991,048 $145,302.48 -2.505% Ruble 2,446,611 0.1155 282,584 $41,430.98 -4.183% HERO 1,923 1,093 2,101,839 $308,161.08 1.692%

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 4303 79 compumatrix1 2333 20 btsabc 2264 48 jianjolly-0 1743 0 digital-nomad 1347 114 sdr 1137 21 cryptofresh 703 11 fav 533 5 openledger 528 0 cryptocurrency3 520 5 gn1 406 15 ebit 326 11 by24seven 318 4

Vote Proxies

This section will track the change in proxy voting

Account Opinions Followers Weight (M) Weight Change (M) bitcrab 64 39 230.9 1.4 xeroc 35 192 219.6 -1.5 laomao 35 4 149.3 1.4 baozi 29 65 52.9 -0.3 fav 21 92 36.1 -1.9 abit 43 489 12 -0.1 dahu 23 3 8.5 0.1 bunkerchainlabs-com 37 20 8.4 -0.2 hellobts 30 19 7.6 0.1 blckchnd 21 356 6.5 -0.1

Committee Members

This section will track shareholder approval of committee members

Account Votes (M) Votes Change (M) bitcrab 799.4 1.3 abit 774.8 0.7 bhuz 746 3 clayop 676.6 1.1 xeroc 629.9 5.4 bunkerchainlabs-com 590 6.1 witness.still 573.8 -2.7 openledgerdc 408.3 3.8 harvey-xts 403.7 -4.3 chris4210 384 2.6 ebit 375.8 1.3

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 1.6.35 835.9 703 2 wackou 1.6.18 812.6 1791 3 fox 1.6.16 809.8 3347 4 verbaltech2 1.6.34 805.5 1668 2 5 bhuz 1.6.17 804.8 1560 6 rnglab 1.6.45 766.8 1826 1 7 xman 1.6.64 761 1602 1 8 delegate.baozi 1.6.37 757.5 1446 1 9 witness.yao 1.6.71 754.8 3540 10 witness.still 1.6.69 744.2 8925 1 11 elmato 1.6.20 743.2 4073 12 xn-delegate 1.6.59 718 2754 2 13 xeldal 1.6.22 685.9 1873 14 roelandp 1.6.74 639.5 9 15 openledger-dc 1.6.76 624.9 506 2 16 blckchnd 1.6.75 617.8 592 1 17 sahkan-bitshares 1.6.73 574.4 792 3 18 delegate-1.lafona 1.6.28 560 1566 19 abc123 1.6.65 559.6 1259 3 20 delegate.freedom 1.6.63 511.6 4852 1 21 mr.agsexplorer 1.6.24 505.2 5713 863 22 harvey-xts 1.6.23 503 5809 23 delegate.btsnow 1.6.40 486.9 4053 9 24 spartako 1.6.15 469.9 2088 4 25 delegate-clayop 1.6.27 458 4842

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 230,001,203 0 -60,000,000.00 -20.69% 2 chbts 188,539,257 0 6,365,625.00 3.49% 3 yunbi-cold-wallet 135,000,000 0 - 0.00% 4 bitcc-bts-cold 124,056,157 0 -3,000,000.00 -2.36% 5 bittrex-deposit 100,422,840 0 11,671,342.00 13.15% 6 yunbi-granary 100,000,000 0 - 0.00% 7 jubi-bts 94,252,800 0 14,886,766.00 18.76% 8 btschbtc 50,000,990 0 - 0.00% 9 bterdeposit 44,594,024 0 14,978,785.00 50.58% 10 poloniexwallet 22,569,216 0 20,177,157.00 843.51% 11 aloha 19,363,644 0 -10,000.00 -0.05% 12 echocold1 16,577,637 0 - 0.00% 13 stan 15,333,648 0 - 0.00% 14 yun-bts 14,137,573 0 1,507,373.00 11.93% 15 btercom 13,049,112 0 - 0.00% 16 tsuratsura-3557 12,180,000 0 - 0.00% 17 baozi 10,974,056 0 - 0.00% 18 evan 10,659,692 0 - 0.00% 19 getch-bts 9,528,764 0 - 0.00% 20 cass 9,424,449 0 -165,761.00 -1.73% 21 virtual-ventures 9,318,078 0 - 0.00% 22 roje 8,850,419 0 - 0.00% 23 ibilitlan-scoltock 8,673,958 0 - 0.00% 24 chsend 8,426,943 0 145,341.00 1.75% 25 cievia-waugaman 7,990,213 0 - 0.00% 26 graphene2015 7,744,451 0 - 0.00% 27 invictus 7,494,364 0 - 0.00% 28 jiny2 7,438,984 0 - 0.00% 29 haeassa-granovsky 7,431,931 0 - 0.00% 30 alexna64 7,263,382 0 - 0.00% 31 bts-scotter 6,702,872 112 - 0.00% 32 abinia-rivard 6,550,563 0 - 0.00% 33 keebler-kahn 6,500,770 0 - 0.00% 34 abc.btsbots 6,500,076 25000 4,999,998.00 333.32% 35 millibit53 6,000,000 0 -234,726.00 -3.76% 36 fericia-brick 5,766,623 0 - 0.00% 37 btszhqxf 5,734,712 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 spring 5,365,475 0 - 0.00% 42 abit 5,233,612 0 - 0.00% 43 xhunter 5,192,094 0 - 0.00% 44 jeraud-kanze 5,172,698 0 - 0.00% 45 brother-john 5,074,573 0 - 0.00% 46 arbor4 5,008,537 0 - 0.00% 47 geravia-mackinnon 4,777,691 0 - 0.00% 48 tyrone-shoelaces 4,459,898 0 - 0.00% 49 enki 4,398,446 1577 2,523,656.00 134.61% 50 bitcoinindonesia 4,364,768 0 -335,841.00 -7.14% 51 btsxzzh2 4,348,432 0 - 0.00% 52 synergy3 4,256,729 85 - 0.00% 53 slim 4,153,744 0 - 0.00% 54 quonael-lievesley 4,087,235 0 - 0.00% 55 tkoba99 4,014,828 1559 656,340.00 19.54% 56 coldstorage1 4,000,000 0 - 0.00% 57 wesley-waugaman 3,921,027 0 - 0.00% 58 bts-19800 3,785,601 0 2,582,500.00 214.65% 59 bts-morning 3,496,361 0 -109,714.00 -3.04% 60 laplap5 3,341,271 0 - 0.00% 61 goodc0re 3,290,951 0 - 0.00% 62 blocktrades 3,276,185 6674 -445,002.00 -11.96% 63 wys 3,256,806 0 - 0.00% 64 jaehyuk 3,227,053 0 - 0.00% 65 scottmclane 3,197,126 20000 - 0.00% 66 bafohald-degeorge 3,189,866 0 - 0.00% 67 wind-flower 3,174,192 0 - 0.00% 68 cryptonomex 3,169,747 0 -125,012.00 -3.79% 69 do123 3,103,453 0 -377,401.00 -10.84% 70 dan-dan 3,047,696 0 2,947,696.00 2947.70% 71 null-account 3,011,945 0 - 0.00% 72 lao-wallet 3,000,973 0 - 0.00% 73 pay.xeroc 3,000,754 0 - 0.00% 74 billion-hero-prize 3,000,000 0 - 0.00% 75 tel-911 2,909,136 0 - 0.00% 76 dev.bitsharesblocks 2,699,548 0 - 0.00% 77 oraclechain 2,588,074 0 - 0.00% 78 rg33m43ffaeqdrnk 2,564,725 0 - 0.00% 79 hardfork2 2,545,413 0 - 0.00% 80 satoshi-pie 2,541,024 0 - 0.00% 81 serg 2,538,927 0 - 0.00% 82 chainsquad 2,528,017 0 - 0.00% 83 hodor 2,509,880 0 2,409,880.00 2409.88% 84 super-bts 2,499,995 0 - 0.00% 85 thread 2,495,016 0 - 0.00% 86 jogger2 2,403,888 0 - 0.00% 87 spook 2,296,849 0 - 0.00% 88 hjj1998 2,281,981 0 281,974.00 14.10% 89 dark-angel 2,237,395 0 - 0.00% 90 mostar 2,217,511 0 - 0.00% 91 nana-roseannadana 2,209,986 0 - 0.00% 92 bts-198hot 2,203,824 0 -564,338.00 -20.39% 93 yvg1900 2,201,037 0 - 0.00% 94 kedaliwin-tefft 2,192,433 0 - 0.00% 95 talos 2,161,539 0 - 0.00% 96 jackkang 2,160,005 0 - 0.00% 97 top-quants 2,128,009 0 - 0.00% 98 wackou 2,117,487 0 -36.00 0.00% 99 bilbo-baggins 2,113,427 0 - 0.00% 100 cryptillionaire 2,104,150 0 - 0.00%

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