

Welcome to the 101st 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 - 18th September 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.

2 Days until BitFest Amsterdam!

The Spark team have released an article titled ‘How Zeph’s buyback mechanism works’. The Zeph Buy backs are funded by 25% of all commissions earned via trading fee’s on SparkDex, Currency exchanges on the business platform and digital currency transactions from individual users though the mobile application. You can get all the details from the full story HERE

A new version of the Bitshares reference wallet has been released this week. BitShares UI Release v. 2.0.180912 features updated witness and committee pages, a new gateway (XBTS.io) , Improvements to the dashboard, features and favourite markets and the ability to use UIA’s and smartcoins as collateral for smartcoins. You can find the latest binaries and the full change log HERE

OpenLedger, one of the oldest businesses on the BitShares network has released their android wallet. As with any new wallet or product I recommend that you only use this wallet for testing purposes or with smaller amounts at this stage until it has been vetted by the community. You can find more details HERE or find it on the play store HERE

'This week the NYDFS approved 2 USD stablecoins. Just a reminder that BitUSD doesn't need permission, can't be frozen and has been around for 4 years.' - source

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 1084504; an increase of 8648 wallets/accounts since last week

Smartcoin issuance chart showing weekly change since the start of 2017

Number of accounts holding BTS (off exchanges)

Very well said - Bitshares Twitter

Openledger DEX Mobile Wallet - Released on the Google Playstore - source

BitFest Amsterdam - 21st to 23rd of September 2018 - 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 2,659,244,584 1,266,180.00 0.05% BTS Stealth 285,493 -9,996.00 -3.38% BTS in Open Orders (DEX - T250) 12461607 -236,654.00 -1.86% Reserve Pool 941328570 -1,266,180.00 -0.13% Collateral (top 250) backing Smartcoins 480,448,629 13,739,331.00 2.94% Top 100 Total 1,506,042,668 21,882,431.85 1.47% Top 100 - minus Exchanges 760,056,291 43,431,419.85 6.06% Exchanges 745,986,377 -21,548,988.00 -2.81% Non Exchanges 1,913,258,207 22,815,168.00 1.21%

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 0.11414061 0.11413345 23,953,103.21 2,733,850.33 44.9% 9.5% BTC 0.000018 0.11 21,246,714.50 2,416,592.88 39.8% -4.7% ETH 0.00054778 0.11418823 8,013,867.36 915,089.32 15.0% 18.4%

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 Bridge.BTC, CNY 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 2,659,244,584 0.1140 303,122,636 $303,122,636.45 0.048% BTS Stealth 285,493 0.1140 32,543 $32,542.85 -3.383% Reserve Pool 941,328,570 0.1140 107,300,396 $107,300,396.37 -0.134% BitUSD 10,552,220 8.7 91,804,314 $10,464,613.10 0.527% BitCNY 169,687,091 1.106 187,673,923 $21,392,622.01 21.423% BitEUR 73,340 10.2 748,068 $85,270.96 -2.053% BitBTC 50.7 55,079 2,792,505 $318,312.79 0.000% BitGold 189.4 10,392 1,968,245 $224,356.78 0.000% BitSilver 21,761 123.4 2,685,307 $306,093.49 0.000% Ruble 6,541,954 0.1292 845,220 $96,345.20 -0.448% HERO 694 1,439 998,666 $113,836.19 -2.665%

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 6213 93 bitshares-munich 5564 5 bituniverse 5293 79 compumatrix1 2604 2 dex-advert 2598 814 cryptofresh 2542 132 digital-nomad 2503 1 sdr 2391 2 magicw 1821 27 jianjolly-0 1743 0 by24seven 1429 46 superone 1268 0 estefantt 1222 14

Vote Proxies

This section will track the change in proxy voting

Account Opinions Followers Weight (M) Weight Change (M) openledger 58 11079 139.3 55.4 xeroc 72 209 136 -0.1 michaelx 65 202 90.1 11.7 bitcrab 108 183 89.1 -17.8 baozi 14 57 40 0 still 133 300 30.9 -1.9 abit 68 728 24.7 -1.9 blckchnd 52 1625 19.4 -1.7 fav 45 159 18.7 -1.7 gghi 37 65 17.2 1.2

Active Witnesses

This section will track top 30 active witnesses and the changes in support

Rank Witness Votes Missed Missed W/W 1 in.abit 1.6.35 796.3 794 2 bhuz 1.6.17 767 1942 3 abc123 1.6.65 752.2 1430 1 4 fox 1.6.16 738.8 4696 2 5 rnglab 1.6.45 735.1 2402 6 xman 1.6.64 732.8 1857 1 7 witness.still 1.6.69 726.5 9654 1 8 elmato 1.6.20 708.4 4486 9 roelandp 1.6.74 707.9 152 10 bangzi 1.6.116 691.8 41 1 11 btspp-witness 1.6.131 653.8 7 12 sahkan-bitshares 1.6.73 632.6 1573 13 xeldal 1.6.22 623.7 3277 451 14 witness.yao 1.6.71 608.3 4149 1 15 xn-delegate 1.6.59 605.5 3715 16 crazybit 1.6.84 602.3 784 1 17 blckchnd 1.6.75 598.8 1038 18 gdex-witness 1.6.120 580 83 1 19 verbaltech2 1.6.34 575.1 4151 2 20 witness.hiblockchain 1.6.105 566.4 884 38 21 delegate-1.lafona 1.6.28 564 5013 2 22 clockwork 1.6.117 563.1 105 23 delegate-zhaomu 1.6.98 562.7 1486 24 zapata42-witness 1.6.129 556.3 12 25 magicwallet.witness 1.6.110 519.4 149 26 delegate.freedom 1.6.63 517 5000 4 27 openledger-dc 1.6.76 502.7 818 28 winex.witness 1.6.101 449 1385 29 mr.agsexplorer 1.6.24 313.1 9144 4 30 roadscape 1.6.13 264 1768

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 Total BTS Last Week Change W/W Change W/W % 1 poloniexwallet 183,515,873 189,526,193 -6,010,320.00 -3.17% 2 bitkkchubei002 161,192,405 161,192,406 -1.00 0.00% 3 binance-cold-1 114,787,664 114,787,664 - 0.00% 4 spring-team 88,584,338 70,571,932 18,012,406.00 25.52% 5 bitcc-bts-cold 66,640,397 70,640,399 -4,000,002.00 -5.66% 6 huobi-bts-withdrawal 59,128,122 52,060,899 7,067,223.00 13.57% 7 binance-bitshares-gvbdb84k6h 57,171,691 20,618,241 36,553,450.00 177.29% 8 zbbts001 47,904,332 45,977,830 1,926,502.00 4.19% 9 committee-cnytrader 34,438,353 30,831,909 3,606,443.83 11.70% 10 abc.btsbots 30,025,937 30,025,938 -1.00 0.00% 11 ranchorelaxo2017 21,769,775 21,769,775 - 0.00% 12 gamma-rabbit 21,562,187 31,059,265 -9,497,077.42 -30.58% 13 gate-bts-off001 21,324,213 21,324,213 - 0.00% 14 test-changekey 20,163,273 20,163,273 - 0.00% 15 invictus 20,004,735 7,494,364 12,510,371.45 166.93% 16 blocktrades 19,943,613 15,790,125 4,153,488.00 26.30% 17 tel-911 18,265,612 1,765,052 16,500,560.00 934.85% 18 alpha-dog 17,946,532 34,459,531 -16,512,998.08 -47.92% 19 brother-john 17,112,085 9,112,086 7,999,999.00 87.80% 20 abit 17,020,112 20,137,051 -3,116,939.00 -15.48% 21 committee-usdoperator 17,002,907 13,202,908 3,799,999.47 28.78% 22 bittrex-deposit 16,341,677 16,647,296 -305,619.00 -1.84% 23 coinegg-main 15,178,190 15,329,286 -151,096.00 -0.99% 24 stan 13,797,290 14,841,732 -1,044,442.00 -7.04% 25 ak-999 13,159,310 1,000,000 12,159,310.00 1215.93% 26 alpha-go 13,043,307 19,311,373 -6,268,066.36 -32.46% 27 mr-wang 12,636,569 10,775,961 1,860,608.00 17.27% 28 anonymous 11,212,507 11,212,516 -9.00 0.00% 29 evan 10,659,692 10,659,692 - 0.00% 30 gate-io-bts66 10,533,562 6,159,042 4,374,520.00 71.03% 31 dazhima 8,800,011 9,341,870 -541,859.36 -5.80% 32 ibilitlan-scoltock 8,673,958 8,673,958 - 0.00% 33 roje 8,040,409 8,040,409 - 0.00% 34 graphene2015 8,014,600 8,057,600 -43,000.00 -0.53% 35 cievia-waugaman 7,990,214 7,990,214 - 0.00% 36 virtual-ventures 7,943,474 7,943,474 - 0.00% 37 onceuponatime 7,757,388 7,539,426 217,962.00 2.89% 38 jiny2 7,438,984 7,438,984 - 0.00% 39 haeassa-granovsky 7,431,931 7,431,931 - 0.00% 40 cass 6,737,585 6,737,585 - 0.00% 41 tyrone-shoelaces 6,615,913 6,615,913 - 0.00% 42 a2dcdf323a8a576408f62604b17a8a52 6,577,122 6,577,122 - 0.00% 43 abinia-rivard 6,550,563 6,550,563 - 0.00% 44 keebler-kahn 6,500,770 6,500,770 - 0.00% 45 tsuratsura-3557 6,395,199 6,395,199 - 0.00% 46 bts-morning 6,170,738 6,170,736 2.00 0.00% 47 fericia-brick 5,766,623 5,766,623 - 0.00% 48 btszhqxf 5,734,712 5,734,712 - 0.00% 49 workers.bitshares.foundation 5,651,732 5,166,563 485,169.00 9.39% 50 spring 5,560,779 5,560,779 - 0.00% 51 cadord-ozois 5,423,173 5,423,173 - 0.00% 52 storj 5,280,316 5,366,573 -86,257.00 -1.61% 53 wjlsf 5,225,775 4,943,262 282,513.00 5.72% 54 xhunter 5,192,094 5,192,094 - 0.00% 55 jeraud-kanze 5,172,698 5,172,698 - 0.00% 56 bristolbay 5,106,065 5,797,375 -691,310.00 -11.92% 57 qt6862 5,046,482 3,602,970 1,443,512.00 40.06% 58 serg 4,941,435 4,941,436 -1.03 0.00% 59 geravia-mackinnon 4,777,691 4,777,691 - 0.00% 60 bitcoinindonesia 4,483,575 4,722,630 -239,055.00 -5.06% 61 zy360 4,450,944 4,500,944 -50,000.00 -1.11% 62 xgqing 4,351,903 4,351,903 - 0.00% 63 btsxzzh2 4,348,432 4,348,432 - 0.00% 64 bitlion 4,250,244 4,182,189 68,054.60 1.63% 65 ptschina 4,236,786 3,786,783 450,003.00 11.88% 66 bts-subscribe 4,088,554 7,057,528 -2,968,974.00 -42.07% 67 quonael-lievesley 4,087,235 4,087,235 - 0.00% 68 ev-ev 4,080,129 1,000,000 3,080,128.78 308.01% 69 hongcaibao1 4,000,010 4,224,108 -224,097.86 -5.31% 70 coldstorage1 4,000,000 4,000,000 - 0.00% 71 oh-bts 4,000,000 4,000,000 - 0.00% 72 super-bts 3,999,990 3,999,990 - 0.00% 73 facem 3,965,701 4,037,200 -71,499.00 -1.77% 74 yun-bts 3,962,753 5,962,754 -2,000,001.00 -33.54% 75 slim 3,938,098 3,938,098 - 0.00% 76 wesley-waugaman 3,921,027 3,921,027 - 0.00% 77 bitshares2010 3,842,338 3,842,349 -11.00 0.00% 78 lllddd124 3,742,499 3,538,677 203,822.00 5.76% 79 ld636433 3,634,342 3,357,451 276,890.66 8.25% 80 yitor 3,358,187 2,743,029 615,158.00 22.43% 81 lailai-001 3,340,011 1,000,000 2,340,010.85 234.00% 82 random123 3,304,639 3,304,640 -1.00 0.00% 83 cny123 3,274,577 3,274,577 - 0.00% 84 aleks 3,257,482 3,069,980 187,502.00 6.11% 85 lxy412328 3,227,134 1,000,000 2,227,134.00 222.71% 86 bafohald-degeorge 3,189,866 3,189,866 - 0.00% 87 scottmclane 3,177,116 3,177,116 - 0.00% 88 makkiavelli1977 3,153,587 3,153,587 - 0.00% 89 bilbo-baggins 3,151,030 3,151,030 - 0.00% 90 lao-wallet 3,140,242 3,140,242 - 0.00% 91 dark-angel 3,137,495 2,505,777 631,718.00 25.21% 92 ted1 3,127,337 1,000,000 2,127,337.00 212.73% 93 bts1998 3,126,452 3,114,583 11,869.20 0.38% 94 cai8108 3,068,219 3,720,481 -652,261.67 -17.53% 95 austintexas11 3,045,249 3,045,249 - 0.00% 96 goodc0re 3,024,484 3,024,484 - 0.00% 97 null-account 3,013,497 3,013,497 - 0.00% 98 billion-hero-prize 3,000,000 3,000,000 - 0.00% 99 mcxcwbts 3,000,000 3,000,001 -1.21 0.00% 100 pub 2,956,810 3,093,821 -137,011.00 -4.43%

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.