Welcome to the 77th 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 March 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.
Bitshares.org is about to get a facelift. As reported by @Stan Larimer, Apasia.tech has been entrusted with the ownership of of the website and update content is set to go live any day now. You can see the full post for more details HERE
An Exchange based in India, buyucoin.com has listed BTS as a trading pair against INR (Indian Rupee)
@blocktivity has announced the introducation of TWENTIX. Twentix has been designed to be worth 1/100,000th of 1 BTWTY as a result of the original BTWTY token increasing in value dramatically over the last year, 1 BTWTY is currently worth $145,000 USD. TWENTIX allow traders to speculate with a more flexible coin. more information can be found HERE
In their latest monthly witness report RuDEX team announced the deployment of the first public API node in Moscow, which allows for low latency experience for Russian users.
@scorer has updated his 'style' plugin for BTS.AI. The style removes spacing from Bts.ai market page so that it fits into full screen without scrolling and also adds some colors for identifying bots and human traders. This week he has made some updates to the style as well as added some new bots he has found trading. Full details 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
This week’s Bitshares hangout recording has been published and is available HERE
Current registered wallets/accounts within the Bitshares network is 802712; an increase of 11317 wallets/accounts since last week
Smartcoin issuance chart showing weekly change since the start of 2017
Number of accounts holding BTS (off exchanges)
TWENTIX - Top 20 Crypto currency index fund - source
BTS.AI market activity monitor - source
Beyond Bitcoin - Bitshares Talk - 10th March 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 | 2,610,690,895 |  688,561.00 | 0.03% |
| BTS Stealth | 287,724 | - | 0.00% |
| BTS in Open Orders (DEX - T250) | 7586376 |  -5,456,843.00 | -41.84% |
| Reserve Pool | 989882259 | -688,561.00 | -0.07% |
| RP Accumulated fees | 37401 | - | 0.00% |
| Collateral (top 250) backing Smartcoins | 406059651 | -20,059,899.00 | -4.71% |
| Top 100 Total | 1,457,427,664 | -31,304,832.53 | -2.10% |
| Top 100 - minus Exchanges | 671,695,220 | -44,155,744.53 | -6.17% |
| Exchanges | 785,732,444 | 12,850,912.00 | 1.66% |
| Non Exchanges | 1,824,958,451 | -12,162,351.00 | -0.66% |
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 | 0.00001765 | 0.16444818 | 8,469,359.20 | 1,392,770.73 | 38.1% | -68.6% |
| BITCNY | 0.95 | 0.17 | 5,966,628.78 | 1,025,143.60 | 26.8% | -35.3% |
| USDT | 0.16685666 | 0.16687957 | 4,573,854.87 | 763,282.93 | 20.6% | -41.3% |
| ETH | 0.0002343 | 0.16539206 | 2,791,648 | 461,716.40 | 12.6% | 25.5% |
Worker Proposals
This section will identify the current approved and pending worker proposals
Active Worker:
- Alfredo Garcia - Core Development for Second half of 2017
- 201708-bitsharesui
- Abit - Core Developer - 201712~201803
- 201803-bitshares-core
- Joint Marketing Campaign of Exchanges WP
- 201710-spokesperson
- 201710-compliance
- 201802-legal-bts
- BitShares Greater China Representative
- 201712-infrastructure
- DEXBot - User Friendly BitShares Market Making Software
- 201801-budget-chinese-translations
- Refund400k
Proposed Worker
- 2018-02-bitsharesui
- 201802-documentation
- 2017-12-blockchainacademy
- Crypto-Solutions
- 201802-legal-bts
- 201802-bsip29
- 2018-02-bitsharesui
- Soledger - Vikram/Agent86 - Project administration & essential maintenance
- Fund to pay dividend
- NeoWorker - neoreel-1
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, Bridge.BTC 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 | 2,610,690,895 | 0.167 | 436,488,146 | $436,488,146.32 | 0.026% |
| BTS Stealth | 287,724 | 0.167 | 48,105 | $48,105.32 | 0.000% |
| Reserve Pool | 989,882,259 | 0.167 | 165,500,969 | $165,500,968.78 | -0.070% |
| Accumulated fees | 37,401 | 0.167 | 6,253 | $6,253.17 | 0.000% |
| BitUSD | 13,881,329 | 6.03 | 83,704,414 | $13,994,756.91 | -5.556% |
| BitCNY | 177,526,157 | 0.953 | 169,182,428 | $28,286,046.56 | -21.779% |
| BitEUR | 123,386 | 7.47 | 921,693 | $154,100.30 | -1.803% |
| BitBTC | 42.0 | 56,542 | 2,374,764 | $397,042.92 | 0.000% |
| BitGold | 189.5 | 7,951 | 1,506,715 | $251,911.48 | -2.320% |
| BitSilver | 21,809 | 99.8 | 2,176,538 | $363,901.04 | -0.629% |
| Ruble | 4,235,041 | 0.106 | 448,914 | $75,055.15 | -25.399% |
| HERO | 1,302 | 982 | 1,278,564 | $213,766.41 | 0.308% |
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 | 5843 | 22 |
| bitshares-munich | 5475 | 3 |
| bituniverse | 4536 | 69 |
| compumatrix1 | 2576 | 0 |
| digital-nomad | 2496 | 1 |
| sdr | 2382 | 1 |
| cryptofresh | 1843 | 31 |
| jianjolly-0 | 1743 | 0 |
| magicw | 1644 | 6 |
| bcp2017 | 1190 | 0 |
| stormheart | 1146 | 0 |
| estefantt | 1124 | 12 |
| by24seven | 1066 | 21 |
Vote Proxies
This section will track the change in proxy voting
| Account | Opinions | Followers | Weight (M) | Weight Change (M) |
|---|---|---|---|---|
| bitcrab | 71 | 92 | 152.7 | -34 |
| xeroc | 50 | 214 | 150.2 | -0.1 |
| openledger | 47 | 9183 | 144.4 | -4.2 |
| michaelx | 58 | 116 | 85.1 | -1 |
| blckchnd | 45 | 1570 | 47.3 | -0.1 |
| still | 121 | 343 | 45.7 | -16 |
| fav | 43 | 166 | 27.6 | 0.5 |
| abit | 67 | 754 | 26.5 | 0.9 |
| baozi | 30 | 61 | 20.3 | 6 |
| payger | 21 | 9 | 11.4 | -0.7 |
Committee Members
This section will track shareholder approval of committee members
| Account | Votes (M) | Votes Change (M) |
|---|---|---|
| bitcrab | 743.5 | -50.6 |
| abit | 689.6 | -141.4 |
| bhuz | 680.6 | 46.3 |
| xeroc | 507.6 | -30.9 |
| openledgerdc | 486.3 | -50.8 |
| witness.still | 463.7 | -136.1 |
| bunkerchainlabs-com | 462.1 | -112.7 |
| ebit | 448.8 | -138.4 |
| clockwork | 435.9 | -29.5 |
| fav | 419.5 | -7 |
| chris4210 | 369.4 | -49.2 |
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 | 827.7 | 729 | 3 |
| 2 | bhuz 1.6.17 | 754.7 | 1599 | 3 |
| 3 | roelandp 1.6.74 | 748.6 | 52 | 1 |
| 4 | witness.still 1.6.69 | 729.2 | 9268 | 4 |
| 5 | witness.yao 1.6.71 | 719.9 | 3573 | 1 |
| 6 | delegate-1.lafona 1.6.28 | 718.2 | 4427 | 4 |
| 7 | delegate-zhaomu 1.6.98 | 716 | 625 | 11 |
| 8 | xeldal 1.6.22 | 709.9 | 2299 | 2 |
| 9 | xn-delegate 1.6.59 | 700.7 | 2868 | 4 |
| 10 | abc123 1.6.65 | 627.8 | 1318 | 4 |
| 11 | verbaltech2 1.6.34 | 601.5 | 3962 | 4 |
| 12 | xman 1.6.64 | 599.9 | 1700 | 4 |
| 13 | fox 1.6.16 | 570 | 4160 | 5 |
| 14 | rnglab 1.6.45 | 569.3 | 2126 | 4 |
| 15 | sahkan-bitshares 1.6.73 | 567.2 | 1268 | 8 |
| 16 | delegate.freedom 1.6.63 | 530.8 | 4900 | 4 |
| 17 | elmato 1.6.20 | 527.5 | 4352 | 2 |
| 18 | crazybit 1.6.84 | 522.2 | 526 | 10 |
| 19 | blckchnd 1.6.75 | 450 | 961 | 1 |
| 20 | openledger-dc 1.6.76 | 446.7 | 661 | 1 |
| 21 | witness.hiblockchain 1.6.105 | 445.6 | 17 | 2 |
| 22 | wackou 1.6.18 | 436.7 | 1882 | |
| 23 | winex.witness 1.6.101 | 390.1 | 622 | |
| 24 | billbutler-witness 1.6.92 | 381.8 | 478 | |
| 25 | delegate.taolje 1.6.38 | 358.5 | 4771 |
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 | Change W/W | Change W/W % |
|---|---|---|---|---|
| 1 | poloniexwallet | 281,695,148 | - | 0.00% |
| 2 | binance-cold-1 | 114,787,664 | - | 0.00% |
| 3 | bitcc-bts-cold | 100,250,990 | 1,500,010.00 | 1.52% |
| 4 | zbchubei01 | 100,010,089 | - | 0.00% |
| 5 | binance-bitshares-gvbdb84k6h | 72,330,821 | -2,938,259.00 | -3.90% |
| 6 | gamma-rabbit | 59,553,745 | -4,268,835.65 | -6.69% |
| 7 | delta-lion | 51,086,309 | -24,047,823.79 | -32.01% |
| 8 | zbbts | 43,857,920 | 14,526,393.00 | 49.52% |
| 9 | alpha-dog | 31,107,899 | -5,687,422.00 | -15.46% |
| 10 | bittrex-deposit | 23,193,971 | -112,077.00 | -0.48% |
| 11 | ranchorelaxo2017 | 21,769,775 | 1.00 | 0.00% |
| 12 | abit | 20,092,511 | - | 0.00% |
| 13 | gate-io-bts | 17,951,837 | 2,674,475.00 | 17.51% |
| 14 | btschbtc | 17,000,984 | - | 0.00% |
| 15 | stan | 15,470,943 | - | 0.00% |
| 16 | jubi-bts | 14,591,906 | - | 0.00% |
| 17 | a2dcdf323a8a576408f62604b17a8a52 | 12,579,058 | -233,664.00 | -1.82% |
| 18 | alexna64 | 12,143,695 | - | 0.00% |
| 19 | anonymous | 11,212,516 | - | 0.00% |
| 20 | yun-bts | 10,962,743 | -125,155.00 | -1.13% |
| 21 | ld636433 | 10,660,170 | -2,259,856.85 | -17.49% |
| 22 | evan | 10,659,692 | - | 0.00% |
| 23 | graphene2015 | 10,629,742 | 795,490.00 | 8.09% |
| 24 | aloha | 9,831,200 | -1,995,626.90 | -16.87% |
| 25 | getch-bts | 9,535,172 | - | 0.00% |
| 26 | virtual-ventures | 9,153,485 | - | 0.00% |
| 27 | echocold1 | 9,097,651 | -2,000,000.00 | -18.02% |
| 28 | onceuponatime | 8,708,986 | 289,493.00 | 3.44% |
| 29 | ibilitlan-scoltock | 8,673,958 | - | 0.00% |
| 30 | bts-subscribe | 8,546,192 | -137,115.00 | -1.58% |
| 31 | roje | 8,040,409 | - | 0.00% |
| 32 | mr-wang | 8,006,959 | 150,000.00 | 1.91% |
| 33 | cievia-waugaman | 7,990,214 | - | 0.00% |
| 34 | invictus | 7,494,364 | - | 0.00% |
| 35 | jiny2 | 7,438,984 | - | 0.00% |
| 36 | haeassa-granovsky | 7,431,931 | - | 0.00% |
| 37 | denkhaus | 7,298,849 | 285,688.00 | 4.07% |
| 38 | btercom | 7,050,208 | - | 0.00% |
| 39 | enki | 7,035,450 | 97,485.90 | 1.41% |
| 40 | cass | 6,737,585 | - | 0.00% |
| 41 | abinia-rivard | 6,550,563 | - | 0.00% |
| 42 | keebler-kahn | 6,500,770 | - | 0.00% |
| 43 | tyrone-shoelaces | 6,498,541 | - | 0.00% |
| 44 | aleks | 6,424,770 | 3,371,052.04 | 110.39% |
| 45 | tsuratsura-3557 | 6,395,199 | - | 0.00% |
| 46 | abc.btsbots | 6,025,940 | 5,025,940.00 | 502.59% |
| 47 | yoyow.team | 6,000,003 | -2,876,481.03 | -32.41% |
| 48 | bts-morning | 5,860,639 | - | 0.00% |
| 49 | bristolbay | 5,800,828 | -76,236.66 | -1.30% |
| 50 | fericia-brick | 5,766,623 | - | 0.00% |
| 51 | btszhqxf | 5,734,712 | - | 0.00% |
| 52 | spring | 5,560,779 | - | 0.00% |
| 53 | hnnr8 | 5,460,998 | - | 0.00% |
| 54 | cadord-ozois | 5,423,173 | - | 0.00% |
| 55 | storj | 5,412,277 | - | 0.00% |
| 56 | xhunter | 5,192,094 | - | 0.00% |
| 57 | jeraud-kanze | 5,172,698 | - | 0.00% |
| 58 | tel-911 | 5,065,051 | - | 0.00% |
| 59 | rvrts | 4,967,881 | -0.31 | 0.00% |
| 60 | bitcoinindonesia | 4,918,388 | -57,562.00 | -1.16% |
| 61 | linhan | 4,824,288 | - | 0.00% |
| 62 | geravia-mackinnon | 4,777,691 | - | 0.00% |
| 63 | brother-john | 4,612,086 | - | 0.00% |
| 64 | xgqing | 4,351,903 | - | 0.00% |
| 65 | btsxzzh2 | 4,348,432 | - | 0.00% |
| 66 | seer | 4,211,794 | - | 0.00% |
| 67 | ptschina | 4,102,503 | -11,939.00 | -0.29% |
| 68 | quonael-lievesley | 4,087,235 | - | 0.00% |
| 69 | coldstorage1 | 4,000,000 | - | 0.00% |
| 70 | oh-bts | 4,000,000 | - | 0.00% |
| 71 | super-bts | 3,999,990 | - | 0.00% |
| 72 | slim | 3,938,098 | - | 0.00% |
| 73 | wesley-waugaman | 3,921,027 | - | 0.00% |
| 74 | ifly | 3,904,917 | - | 0.00% |
| 75 | serg | 3,867,349 | - | 0.00% |
| 76 | goodc0re | 3,781,249 | - | 0.00% |
| 77 | lyh-2012 | 3,475,608 | 34,859.00 | 1.01% |
| 78 | sony-bot | 3,381,656 | 2,381,656.00 | 238.17% |
| 79 | peak-yannie | 3,333,334 | - | 0.00% |
| 80 | livecoin-net | 3,313,442 | -62,424.00 | -1.85% |
| 81 | cylonmaker2053 | 3,274,674 | 139,171.00 | 4.44% |
| 82 | bts1998 | 3,247,078 | - | 0.00% |
| 83 | btsbank-alpha | 3,242,197 | -6,557,815.56 | -66.92% |
| 84 | bafohald-degeorge | 3,189,866 | - | 0.00% |
| 85 | scottmclane | 3,177,116 | - | 0.00% |
| 86 | bilbo-baggins | 3,151,030 | - | 0.00% |
| 87 | lao-wallet | 3,140,242 | - | 0.00% |
| 88 | babydragon | 3,111,464 | 120,245.00 | 4.02% |
| 89 | austintexas11 | 3,045,250 | - | 0.00% |
| 90 | makkiavelli1977 | 3,043,023 | - | 0.00% |
| 91 | ev-ev | 3,032,567 | 2,032,567.00 | 203.26% |
| 92 | null-account | 3,011,947 | - | 0.00% |
| 93 | mcxcwbts | 3,000,686 | - | 0.00% |
| 94 | billion-hero-prize | 3,000,000 | - | 0.00% |
| 95 | roland.sun | 2,923,130 | - | 0.00% |
| 96 | y-123 | 2,898,968 | -333,681.00 | -10.32% |
| 97 | jackkang | 2,860,941 | - | 0.00% |
| 98 | teiva | 2,830,650 | 674.00 | 0.02% |
| 99 | backup.yao | 2,820,928 | - | 0.00% |
| 100 | ak-999 | 2,789,652 | -675,391.42 | -19.49% |
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! :)
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