

Welcome to the 65th 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 - 13th 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.

On the 8th of December 2017 at 15:40 UTC, the most recent protocol upgrade was successfully deployed on the main BitShares blockchain. The most prominent change of this upgrade was the introduction of BSIP18 which allows market pegged assets that underwent a global settlement event to be revived. All affected BitAssets have been revived successfully and can now be traded, borrowed and settled like normal. More information HERE

Smartcoins are pumping!, This week has seen a 23% increase in the smartcoin supply making a new All Time High in the circulating supply of stable coins within the Bitshares platform. The largest increase in circulating supply came from BitUSD which has increased by 38%, Ruble has increased by 22% and BitCNY and BitEUR have also both seen a 16% increases. Nearly 1/5 (20%) of all Bitshares BTS in circulation is being held by the blockchain as collateral to back smartcoins

Bitshares has breached 1 Million Transactions in a 24 hour period this month. As reported by Blocktivity.info which shows Bitshares and Steem as the only blockchain to reach the 1 Million TX per day milestone.

Bitshares has reached over 500,000 accounts registered on the chain this week. Congratulations to 'b7483' who is the owner of the 500,000th account on the network.

Eristica is Migrating to BitShares and Stan and Michael will be joining their board of advisers. Eristica has been doing a "Candid Camera" meets "Pokemon" app for several years now and its gained a LOT of traction in Russia. 1.2 million people have used their app to dare someone to do something entertaining. You can find more information about this HERE

@xeldal has announced the addition of a new public Bitshares API Full-Node in Kansas City, Missouri, USA. This node add's to a large array of geographically diverse Public API nodes that allow clients from all over the global to have low latency connections to the Bitshares networks from lite clients running on their computers. More information HERE

A fork of the very popular trading bot platform 'BTSBot' has been released. The previous developer 'Alt' has shutdown the original service and now a new team has reconstructed the services and relaunched the platform. The new service can be found at bitsharesbot.com. You can find more information about the service and the updates by following @aperson (Latest update HERE)

@Stan Larimer has been invited to talk at the 2018 Conscious Media Festival in Austin Texas on the 2-4th of March. More information 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 500549; an increase of 17507 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 #2598 and it is named 'GDEX.ETH' registered by 'gdex-team' with the description 'GDEX issued Ether backed asset, https://gdex.io'.

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 for Smartcoins

Bitshares Transactions per day exceed 1,000,000 TPD

Bitshares Market Pegged Assets (Smartcoins) - A better alternative

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 2,604,585,189 795,217.00 0.03% BTS Stealth 287,532 - 0.00% BTS in Open Orders (DEX - T250) 10005871.83 927,440.00 8.91% Reserve Pool 995990568 -795,028.00 -0.08% RP Accumulated fees 59,727 -1,906.00 -1.00% Collateral (top 250) backing Smartcoins 482132018 18,862,645.00 4.38% Top 100 Total 1,104,494,131 -25,171,371.00 -2.10% Top 100 - minus Exchanges 445,312,318 -47,058,334.00 -9.89% Exchanges 659,181,813 21,886,963.00 3.02% Non Exchanges 1,945,403,376 -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 0.00001142 0.19400027 60,070,610.15 11,653,714.38 76% -25.5% USDT 0.1919 0.19 15,055,760.00 2,893,854.21 19.1% -48.3% ETH 0.00031112 0.18447338 3,446,494.41 635,786.47 4.4% -43.1% BNB 0.06919 0.18523514 186,697 34,582.83 0.2% -80.7%

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 2,604,585,189 0.194 2,604,585,189 $505,615,073.77 0.031% BTS Stealth 287,532 0.194 287,532 $55,817.15 0.000% Reserve Pool 995,990,568 0.194 995,990,568 $193,346,659.05 -0.080% Accumulated fees 59,727 0.194 59,727 $11,594.50 -0.992% BitUSD 10,350,262 5.18 53,614,357 $10,350,262.00 38.229% BitCNY 123,598,242 0.782 96,653,825 $18,762,922.86 16.910% BitEUR 98,183 6.09 597,934 $116,074.02 16.555% BitBTC 46.4 88,029 4,084,546 $792,912.37 2.004% BitGold 82.8 6,377 528,016 $102,501.02 0.000% BitSilver 11,641 80.8 940,593 $182,592.57 0.000% Ruble 4,839,113 0.0871 421,487 $81,821.11 22.322% HERO 1,664 827 1,376,128 $267,140.83 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 5347 13 btsabc 4874 103 compumatrix1 2527 50 sdr 2344 0 digital-nomad 2237 34 bituniverse 2099 193 jianjolly-0 1743 0 stormheart 1146 0 cryptofresh 1140 35 magicw 960 25 xeroc 911 0 ebit 823 22 fav 765 57

Vote Proxies

This section will track the change in proxy voting

Account Opinions Followers Weight (M) Weight Change (M) xeroc 39 219 234.6 3.5 bitcrab 69 75 234 3.5 openledger 37 3667 101.9 17.5 still 23 212 97 3.8 baozi 30 68 43.9 -6.6 fav 24 135 42.3 0.4 blckchnd 27 823 24.7 0.2 laomao 35 4 20.9 -1.1 abit 46 465 15.6 0.8 bitshares-munich-wallet 21 22 13.8 -0.7

Committee Members

This section will track shareholder approval of committee members

Account Votes (M) Votes Change (M) bitcrab 893.8 177.8 abit 859.3 186.5 witness.still 808.4 206 xeroc 765.3 137.6 bhuz 700.1 46.3 bunkerchainlabs-com 681 89.5 clayop 676 117.6 openledgerdc 574.4 135 ebit 472.8 87.2 chris4210 471.8 92.7 fav 426.2 108.5

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 1.6.35 950.3 709 1 2 openledger-dc 1.6.76 907.1 612 9 3 witness.yao 1.6.71 863.6 3556 1 4 witness.still 1.6.69 854.8 9187 74 5 bhuz 1.6.17 846.3 1575 2 6 xn-delegate 1.6.59 837.6 2818 7 roelandp 1.6.74 802.6 29 2 8 blckchnd 1.6.75 799.9 918 10 9 sahkan-bitshares 1.6.73 783.4 894 1 10 delegate-1.lafona 1.6.28 752.6 4389 12 11 crazybit 1.6.84 679.5 455 2 12 rnglab 1.6.45 672.6 2073 9 13 abc123 1.6.65 669.7 1274 14 xeldal 1.6.22 613 2253 15 wackou 1.6.18 583.8 1848 4 16 fox 1.6.16 538.2 3608 17 xman 1.6.64 527.6 1641 18 mr.agsexplorer 1.6.24 486.3 7488 1763 19 verbaltech2 1.6.34 485.8 3831 10 20 delegate.freedom 1.6.63 479 4861 21 cyrano 1.6.21 448.1 3539 22 roadscape 1.6.13 439.9 1465 23 delegate-clayop 1.6.27 439.3 4842 24 delegate.ihashfury 1.6.26 432.8 869 25 elmato 1.6.20 400.3 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 136,065,432 0 -31,403,559.00 -18.75% 3 bitcc-bts-cold 77,042,346 0 -2,000,002.00 -2.53% 4 binance-cold-1 64,008,888 0 19,000,000.00 42.21% 5 bittrex-deposit 46,827,320 0 -4,496,080.00 -8.76% 6 zbbts 44,287,357 0 -4,021,864.00 -8.33% 7 yun-bts 20,807,073 0 -1,098,855.00 -5.02% 8 btschbtc 18,000,986 0 - 0.00% 9 a2dcdf323a8a576408f62604b17a8a52 17,731,668 0 169,976.00 0.97% 10 jubi-bts 14,591,896 0 832.00 0.01% 11 echocold1 12,847,656 0 - 0.00% 12 stan 12,510,820 0 - 0.00% 13 alexna64 12,143,695 0 - 0.00% 14 evan 10,659,692 0 - 0.00% 15 getch-bts 9,533,359 0 - 0.00% 16 virtual-ventures 9,318,078 0 - 0.00% 17 coinegg-main 9,208,374 0 -9,853.00 -0.11% 18 roje 8,850,419 0 - 0.00% 19 ibilitlan-scoltock 8,673,958 0 - 0.00% 20 cievia-waugaman 7,990,213 0 - 0.00% 21 graphene2015 7,744,451 0 - 0.00% 22 binance-bts-1 7,549,311 0 4,275,164.00 130.57% 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 7,180,923 0 38,885.00 0.54% 27 cass 6,800,020 0 -200,000.00 -2.86% 28 abinia-rivard 6,550,563 0 - 0.00% 29 bitcoinindonesia 6,520,803 0 158,721.00 2.49% 30 keebler-kahn 6,500,770 0 - 0.00% 31 tyrone-shoelaces 6,498,541 0 192,451.00 3.05% 32 abc.btsbots 6,075,040 25,000 5,074,997.00 507.48% 33 fericia-brick 5,766,623 0 - 0.00% 34 btszhqxf 5,734,712 0 - 0.00% 35 tsuratsura-3557 5,667,772 0 - 0.00% 36 yoyow.team 5,579,049 0 - 0.00% 37 storj 5,547,726 0 - 0.00% 38 zbsend 5,500,153 0 497,416.00 9.94% 39 spring 5,482,704 0 - 0.00% 40 hnnr8 5,460,997 0 - 0.00% 41 linhan 5,425,095 0 - 0.00% 42 cadord-ozois 5,423,173 0 - 0.00% 43 ld636433 5,394,229 0 301,818.00 5.93% 44 xhunter 5,192,094 0 - 0.00% 45 jeraud-kanze 5,172,698 0 - 0.00% 46 brother-john 5,074,573 0 - 0.00% 47 arbor4 5,008,537 0 - 0.00% 48 onceuponatime 4,998,948 131,692 -193,482.00 -3.73% 49 bts-subscribe 4,912,795 410,000 -72,877.00 -1.46% 50 geravia-mackinnon 4,777,691 0 - 0.00% 51 binance-bitshares-gvbdb84k6h 4,733,799 0 -7,373,433.00 -60.90% 52 xgqing 4,351,903 0 - 0.00% 53 btsxzzh2 4,348,432 0 - 0.00% 54 bts-morning 4,334,095 0 661,266.00 18.00% 55 quonael-lievesley 4,087,235 0 - 0.00% 56 oh-bts 4,000,001 0 -417,084.00 -9.44% 57 coldstorage1 4,000,000 0 - 0.00% 58 super-bts 3,999,990 0 - 0.00% 59 slim 3,946,554 0 - 0.00% 60 wesley-waugaman 3,921,027 0 - 0.00% 61 serg 3,867,349 0 - 0.00% 62 goodc0re 3,778,207 0 - 0.00% 63 livecoin-net 3,756,388 0 -25,489.00 -0.67% 64 jackkang 3,482,938 0 - 0.00% 65 bitspark-deposit 3,406,436 0 1,274.00 0.04% 66 laplap5 3,341,271 0 - 0.00% 67 stat-dude 3,312,792 385,332 -1,854,981.00 -35.90% 68 jaehyuk 3,227,053 0 - 0.00% 69 bafohald-degeorge 3,189,866 0 - 0.00% 70 scottmclane 3,177,116 0 - 0.00% 71 wind-flower 3,174,192 0 - 0.00% 72 bilbo-baggins 3,151,030 0 - 0.00% 73 lao-wallet 3,140,242 0 - 0.00% 74 null-account 3,011,947 0 - 0.00% 75 swipetoken888 3,000,006 0 - 0.00% 76 billion-hero-prize 3,000,000 0 - 0.00% 77 tel-911 2,909,136 0 - 0.00% 78 kryptobeast07 2,849,780 0 - 0.00% 79 koocaa 2,781,355 0 - 0.00% 80 bts-scotter 2,761,963 112 -1,085,969.00 -28.22% 81 roland.sun 2,733,575 0 - 0.00% 82 random123 2,700,607 0 - 0.00% 83 ajc14 2,569,401 654,381 -760,283.00 -22.83% 84 hardfork2 2,545,413 0 - 0.00% 85 chainsquad 2,528,014 0 - 0.00% 86 thread 2,513,484 0 - 0.00% 87 hodor 2,509,880 0 - 0.00% 88 dark-angel 2,505,777 0 - 0.00% 89 sk 2,500,009 0 -200,000.00 -7.41% 90 dev.bitsharesblocks 2,416,712 0 -2,959.00 -0.12% 91 spook 2,296,849 0 - 0.00% 92 poloniex 2,239,885 0 331.00 0.01% 93 nana-roseannadana 2,209,986 0 - 0.00% 94 yvg1900 2,201,037 0 - 0.00% 95 kedaliwin-tefft 2,192,433 0 - 0.00% 96 wayne-btsx 2,190,912 0 - 0.00% 97 vikramatre... 2,162,543 0 - 0.00% 98 talos 2,161,539 0 - 0.00% 99 alpha-dog 2,140,259 257 1,140,259.00 114.03% 100 top-quants 2,128,009 0 - 0.00%

Thanks for viewing :)

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