

Welcome to the 54th 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.

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.

This section will highlight any observations made while analysing the data.

Bitspark are beginning the move their remittance business founded in Hong Kong (2014) to the Bitshares network! <- go read that again.. Bitspark is looking to expand to a global landscape by utilizing the power of Bitshares Smartcoins instead of holding currency and bank accounts in countries where they wish to do business. To start with they will be showcasing their system powered by Bitshares with the Republic of Tajikistan as part of a UN financial inclusion project. Tajikistan is a country in central Asia which has roughly 30-40% of its GDP is derived from international remittances. I highly recommend you listen to George Harrap (CEO and Co-Founder of Bitspark) on this week Bitshares hangout HERE (5:55-34:30) to get a full understanding of the project.

Cryptofresh The Original Bitshares Block Explorer has successfully migrated to new server hardware. In the week prior the previous hardware was being overloaded with the amount of requests hitting the page as well services using the API's. Given the role of this service and needing to monitor all accounts, assets and operation the RAM usage alone was between 30-40 GB. The new hardware is a higher performance machine packed with RAM and is running smoothly for the last week. I would personally like to extend a huge Thank you to @roadscape who has been maintaining this service as a voluntary effort for a large part of 3 years. This service has played a huge role in the eco-system and it is still the go to explorer for the Bitshares network

BitShares DEX-Based SEC-Compliant Tokens & Exchange - @stan Larimer has announced a final summer bombshell - a 100% compliant exchange and a growing inventory of security, commodity and other types of tokens that pass SEC scrutiny, built on BitShares, which itself has been deemed a “clean coin” by the Tokens & Exchange Self-Regulating Body”. You can see the full post HERE

The second episode of the Digital Sovereignty Series has been released. This episode features Giselle Koy and Dylan Howard discussing the sovereign hero and it's potential for positive impact on the world. You can view the interview HERE

Maxine Ryan (COO and Co-founder of Bitspark – A remittance company migrating to the Bitshares network) has done an interview with Tai Zen and Leon Fu in relation to their upcoming ICO for Zephyr. This is a great interview that touches on Bitspark in general, reasons why they have chosen Bitshares as their underlying tech, upcoming expansions and the value of the Zephyr token. You can view the interview HERE

With the addition of MUSE and STEEM/SBD this week RuDEX now have gateways for all major Graphene based chains with 0% market fees, supported by blockchains themselves (via witness payments). RuDEX team announced that they plan to start working on something else frequently requested by the community, stay tuned and watch their @rudex account for English announcements. In turn they ask community members to vote for their @blockchained Steem witness.

@cm-steem has updated the price feeds for the HERTZ assets. Hertz is an Algorithm Based Asset (ABA) which is pegged against the USD and modified to oscillate between rising the price feed and decreasing it in a predictable manner, thus we create phases of buying and selling pressure constantly back and forth forever. You can find details of the project and the latest price scripts HERE

Coingate have announced the integration of Bitshares into their payment gateway service; allowing merchants to accept payments via Bitshares (BTS). You can view the announcement HERE

@virtualgrowth is doing a weekly market update and token give away; Check out his post and vote on your favourite 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 week’s Bitshares hangout recording has been published and is available HERE

Current registered wallets/accounts within the Bitshares network is 424802; an increase of 8129 wallets/accounts since last week