

Welcome to the 67th 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 - 27th 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.

The first demo of the Bitshares tradingview integration has been released this week with OXArbitrage posting a link to the UDF wrapper on github HERE. You can view the Bitshares BTS_BitUSD market in the demo HERE. I personally am very excited to see this implemented into the reference wallets!

The first Graphene Developers Conference has been announced and will hit Shanghai on the 20th of January 2018. Bitcrab (Core member of the Chinese community) has generously organised and sponsored the event. Find more information HERE

@cm-steem has posted a guide and intention to create an open source HUG REST API for Bitshares. The service or toolset will provide easy access via a GET request to a REST API service to retrieve information from the Bitshares network. Get more information HERE

@tsugimoto has published a collection of BitShares Documentation (Development Guide, FAQs, Tutorials, Integration Guide, Blockchain Interaction, Network and Wallet Configuration, and other reading materials). This is a great resource for anyone looking to dig deeper into the Bitshares platform. You can find the post HERE

@taconator has released his monthly 'Fees collected on the BitShares blockchain' report for the month of November 2017. This month has seen 1.41 Million BTS from 12.1 million Operations within 5.13 million transaction. Asset creation has taken the lead accounting for 73% of fee's paid. Full details HERE

@full-steem-ahead has released a introduction to Python-Bitshares for any developers or anyone looking to interact with the Bitshares network via Python. You can find the very insightful article HERE

George Harrap (CEO and Co-Found of Bitspark) has released a post on medium titled '2018 The Year of The DEX'. The article explains what a Decentralized exchange is, some history, counterparty free smartcoins, gateways and atomic swaps. The article concludes with with George's views on what would make a successful DEX and he highlights Bitshares as the only systems that meet his criteria. You can read the full article HERE

The Billion hero prize money reached its first milestone this week in which the value reached 2 Million USD (initially 1 Million USD was set aside for the prize money for the Billion Hero Challenge). For more details you can view @stan's post HERE

Current registered wallets/accounts within the Bitshares network is 541023; an increase of 14369 wallets/accounts since last week

The last asset registered this week is asset #2661 and it is named 'UGAME’ registered by ‘xin-shan' with the description ‘UGAME'.

Smartcoin issuance chart showing weekly change since the start of 2017

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

% of BTS circulating supply held as collateral backing of Smartcoins

Quantity of Transaction and Operations - 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 2,606,051,701 412,115.00 0.02% BTS Stealth 287,457 -8.00 0.00% BTS in Open Orders (DEX - T250) 5248387 1,386,093.17 23.08% Reserve Pool 994,521,557 -414,615.00 -0.04% RP Accumulated fees 37,489 88.00 0.15% Collateral (top 250) backing Smartcoins 493314489 16,412,628.00 3.40% Top 100 Total 1,088,642,632 -22,207,033.00 -2.01% Top 100 - minus Exchanges 428,334,470 -29,778,374.00 -6.69% Exchanges 660,308,162 7,571,341.00 1.15% Non Exchanges 1,945,743,539 -7,159,226.00 -0.37%

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 0.00003662 0.55417877 56,068,099.77 31,071,750.78 68% -66.4% USDT 0.6236 0.62 22,219,034.00 13,872,069.46 26.9% -44.3% ETH 0.00073994 0.55136947 4,120,809.61 2,272,088.61 5.0% -73.4% BNB 0.07537 0.54831956 274,907 150,736.94 0.3% -82.0%

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 2,606,051,701 0.574 2,606,051,701 $1,495,873,676.37 0.016% BTS Stealth 287,457 0.574 287,457 $165,000.32 -0.003% Reserve Pool 994,521,557 0.574 994,521,557 $570,855,373.72 -0.042% Accumulated fees 37,489 0.574 37,489 $21,518.69 0.235% BitUSD 23,744,617 1.678 39,843,467 $22,870,150.25 7.255% BitCNY 357,234,080 0.255 91,094,690 $52,288,352.29 2.811% BitEUR 117,680 1.99 234,183 $134,421.16 2.036% BitBTC 43.1 26,135 1,126,419 $646,564.22 -3.363% BitGold 113.8 2,161 245,922 $141,159.11 21.972% BitSilver 20,693 27.6 571,127 $327,826.78 10.605% Ruble 10,451,998 0.02866 299,554 $171,944.15 -11.831% HERO 2,691 277.4 746,483 $428,481.47 1.203%

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 5364 1 btsabc 5149 113 bituniverse 2723 200 compumatrix1 2558 0 sdr 2349 0 digital-nomad 2277 16 jianjolly-0 1742 0 cryptofresh 1283 51 stormheart 1146 0 magicw 1104 94 xeroc 906 0 bcp2017 852 317 ebit 848 6

Vote Proxies

This section will track the change in proxy voting

Account Opinions Followers Weight (M) Weight Change (M) xeroc 39 216 249.5 -0.8 bitcrab 68 73 234.7 -7.2 openledger 36 6426 165.6 4 still 23 217 104.8 -5.5 bitshareseurope 0 430 40.1 0.1 fav 25 150 31.4 -0.6 baozi 30 66 29.7 0.8 blckchnd 27 936 25 0 abit 47 357 18.6 0.7 laomao 35 4 15.5 -2.7

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 1.6.35 998.4 711 1 2 openledger-dc 1.6.76 963.3 612 3 witness.yao 1.6.71 926.6 3557 4 witness.still 1.6.69 913.9 9190 1 5 xn-delegate 1.6.59 899.9 2821 6 bhuz 1.6.17 884.6 1576 7 roelandp 1.6.74 858 30 8 blckchnd 1.6.75 853 919 1 9 delegate-1.lafona 1.6.28 803.1 4396 10 xeldal 1.6.22 789.5 2257 3 11 abc123 1.6.65 705.2 1274 12 crazybit 1.6.84 682.8 457 1 13 xman 1.6.64 676.5 1642 14 rnglab 1.6.45 662.8 2078 1 15 verbaltech2 1.6.34 634.3 3848 1 16 delegate.freedom 1.6.63 631 4861 17 elmato 1.6.20 630 4269 18 wackou 1.6.18 626.8 1861 8 19 sahkan-bitshares 1.6.73 600.5 898 2 20 fox 1.6.16 597.5 3609 21 billbutler-witness 1.6.92 491.5 77 22 delegate.ihashfury 1.6.26 425.3 869 23 mr.agsexplorer 1.6.24 359.9 7604 24 cyrano 1.6.21 329.7 3539 25 delegate-clayop 1.6.27 323.5 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 230,001,204 0 - 0.00% 2 binance-cold-1 94,120,776 0 - 0.00% 3 poloniexwallet 83,451,640 0 -7,001,737.00 -7.74% 4 bitcc-bts-cold 64,261,341 0 -3,781,003.00 -5.56% 5 zbbts 60,471,295 0 11,108,125.00 22.50% 6 bittrex-deposit 33,306,060 0 -3,335,313.00 -9.10% 7 binance-bts-1 32,754,949 0 -679,260.00 -2.03% 8 btschbtc 18,000,986 0 - 0.00% 9 yun-bts 15,500,242 0 -2,587,244.00 -14.30% 10 jubi-bts 14,591,906 0 10.00 0.00% 11 binance-bitshares-gvbdb84k6h 13,847,763 0 4,372,202.00 46.14% 12 echocold1 12,847,656 0 - 0.00% 13 alexna64 12,143,695 0 - 0.00% 14 a2dcdf323a8a576408f62604b17a8a52 11,988,944 0 -449,770.00 -3.62% 15 evan 10,659,692 0 - 0.00% 16 anonymous 9,831,943 5250 -646,177.00 -6.17% 17 getch-bts 9,533,359 0 - 0.00% 18 graphene2015 9,193,781 0 1,449,330.00 18.71% 19 roje 8,850,419 0 - 0.00% 20 gamma-rabbit 8,770,974 0 4,770,893.00 119.27% 21 ibilitlan-scoltock 8,673,958 0 - 0.00% 22 cievia-waugaman 7,990,214 0 - 0.00% 23 onceuponatime 7,696,738 67001 443,656.00 6.12% 24 invictus 7,494,364 0 - 0.00% 25 jiny2 7,438,984 0 - 0.00% 26 haeassa-granovsky 7,431,931 0 - 0.00% 27 coinegg-main 7,227,195 0 -2,094,639.00 -22.47% 28 cass 6,800,020 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 virtual-ventures 6,384,404 0 -447,019.00 -6.54% 33 stat-dude 6,316,623 149560 234,945.00 3.86% 34 fericia-brick 5,766,623 0 - 0.00% 35 btszhqxf 5,734,712 0 - 0.00% 36 bts-morning 5,615,119 0 1,270,571.00 29.25% 37 storj 5,547,726 0 - 0.00% 38 spring 5,482,704 0 - 0.00% 39 hnnr8 5,460,997 0 - 0.00% 40 linhan 5,425,095 0 - 0.00% 41 cadord-ozois 5,423,173 0 - 0.00% 42 xhunter 5,192,094 0 - 0.00% 43 jeraud-kanze 5,172,698 0 - 0.00% 44 brother-john 5,074,573 0 - 0.00% 45 arbor4 5,008,537 0 - 0.00% 46 yoyow.team 5,000,049 0 - 0.00% 47 tsuratsura-3557 5,000,001 0 - 0.00% 48 geravia-mackinnon 4,777,691 0 - 0.00% 49 ld636433 4,361,289 108,298 861,289.00 24.61% 50 xgqing 4,351,903 0 - 0.00% 51 btsxzzh2 4,348,432 0 - 0.00% 52 bitcoinindonesia 4,348,113 0 -488,041.00 -10.09% 53 bts4lan 4,282,350 0 2,355,243.00 122.22% 54 ranchorelaxo2017 4,223,273 0 - 0.00% 55 quonael-lievesley 4,087,235 0 - 0.00% 56 coldstorage1 4,000,000 0 - 0.00% 57 oh-bts 4,000,000 0 - 0.00% 58 super-bts 3,999,990 0 - 0.00% 59 slim 3,943,654 0 - 0.00% 60 wesley-waugaman 3,921,027 0 - 0.00% 61 serg 3,867,349 0 - 0.00% 62 abit 3,853,281 0 2,934,321.00 319.31% 63 goodc0re 3,778,207 0 - 0.00% 64 livecoin-net 3,683,674 0 -186,208.00 -4.81% 65 laplap5 3,341,271 0 - 0.00% 66 jaehyuk 3,227,053 0 - 0.00% 67 bafohald-degeorge 3,189,866 0 - 0.00% 68 scottmclane 3,177,116 0 - 0.00% 69 bilbo-baggins 3,151,030 0 - 0.00% 70 lao-wallet 3,140,242 0 - 0.00% 71 null-account 3,011,947 0 - 0.00% 72 mcxcwbts 3,000,686 0 2,000,686.00 200.07% 73 bts1492 3,000,006 0 2,000,006.00 200.00% 74 swipetoken888 3,000,005 0 -1.00 0.00% 75 billion-hero-prize 3,000,000 0 - 0.00% 76 tel-911 2,909,136 0 - 0.00% 77 jackkang 2,882,940 0 -99,998.00 -3.35% 78 kryptobeast07 2,849,780 0 - 0.00% 79 zbsend 2,799,436 0 -3,006,285.00 -51.78% 80 koocaa 2,781,355 0 - 0.00% 81 tong-xin 2,772,166 0 - 0.00% 82 bunkerchainlabs-com 2,764,630 0 - 0.00% 83 roland.sun 2,733,575 0 - 0.00% 84 hardfork2 2,545,413 0 - 0.00% 85 chainsquad 2,528,014 0 - 0.00% 86 hodor 2,509,880 0 - 0.00% 87 dark-angel 2,505,777 0 - 0.00% 88 thread 2,504,935 0 -8,549.00 -0.34% 89 sk 2,500,009 0 - 0.00% 90 bitspark-deposit 2,483,334 0 -173,734.00 -6.54% 91 dev.bitsharesblocks 2,416,712 0 - 0.00% 92 spook 2,296,849 0 - 0.00% 93 asdbii-bts 2,276,999 0 - 0.00% 94 abc.btsbots 2,250,036 0 -500,001.00 -18.18% 95 poloniex 2,247,720 0 1,325.00 0.06% 96 nana-roseannadana 2,209,986 0 - 0.00% 97 yvg1900 2,201,037 0 - 0.00% 98 kedaliwin-tefft 2,192,433 0 - 0.00% 99 wayne-btsx 2,190,912 0 - 0.00% 100 random123 2,185,847 0 -514,760.00 -19.06%

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! :)

New to Bitshares? Need an Account?

Please support my efforts by using the banner below to create your account.



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.