Welcome to the 92nd 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 - 17th July 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.
Liquidity on the Bitshares DEX has seen a good increase in the last two weeks with last week seeing a 30% increase and this week seeing a 7.6% increase
Spring BTS Fund is launching on Bitshares. 'Spring BTS Fund is a BTS interior fund jointly initiated by Waterdrip Capital and Ivy Capital. Fund token issuance, subscription, management, and all other operations are carried out on the decentralized exchange and the asset management platform, BitShares. The fund accounts are jointly managed by the two Capital via multiple signatures. All operations are open and transparent.' - Full detailed HERE
kibana.bitshares.eu is a new tool that allows anyone to create visual representations of historical Bitshares blockchain data. It also has a creatively titled 'TimeLion' which allows you to use a master expression to display data from multiple data sources using an elasticsearch mechanism (sound confusing - we are all in luck as there is a tutorial baked into the platform). Check out the new tool at kibana.bitshares.eu or check out some examples HERE
has released a post on Bitshares Fees, Fee schedule and Profitability of the DEX. The report concludes that > 85% of the revenue of the DEX comes from non-trading activities. See all the details HERE
@Stan Larimer has had a reunion with Kevin Harrington of Shark Tank fame at Freedom Fest on Friday the 13th, where the pair attended a live stream with Crypto Connie from Blue Rock Talk - source
The Blocktivity.info developer has announced his intention to open source the platform. Blocktivity is a great tool and its purpose is to clearly display important information, data and metrics about the blockchains. No hype, no FUD, just the raw material to take good decisions when investing. - source
CVcoin(CVN) is being listed on HitBTC exchange on Monday, 16th July 2018 - 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
This week’s Bitshares hangout recording has been published and is available HERE
Current registered wallets/accounts within the Bitshares network is 1035538; an increase of 4700 wallets/accounts since last week
Smartcoin issuance chart showing weekly change since the start of 2017
Number of accounts holding BTS (off exchanges)
Percentage of operation types seen on the Bitshares network - created with kibana.bitshares.eu - source
CVcoin(CVN) on HitBTC exchange - 16th July 2018 - source
Waterdrip Capital team - source
Beyond Bitcoin - Bitshares Talk - 14th July 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 | 2,642,104,194 | 0.07% | |
| BTS Stealth | 285,009 | 0.00% | |
| BTS in Open Orders (DEX - T250) | 11,811,046 | 7.64% | |
| Reserve Pool | 958,468,960 | -0.18% | |
| Collateral (top 250) backing Smartcoins | 391,873,612 | 0.82% | |
| Top 100 Total | 1,445,530,258 | -0.67% | |
| Top 100 - minus Exchanges | 677,476,399 | 2.53% | |
| Exchanges | 768,053,859 | -3.29% | |
| Non Exchanges | 1,874,050,335 | 1.58% |
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 | 0.19664032 | 0.19882208 | 46,837,873.22 | 9,312,403.28 | 47.2% | -100.0% |
| BTC | 0.00002934 | 0.20 | 46,017,294.11 | 9,032,490.57 | 46.3% | 51.7% |
| ETH | 0.00041994 | 0.19893397 | 6,170,720.66 | 1,227,565.99 | 6.2% | -9.2% |
| ETH | 0.00036994 | 0.16065313 | 7,959,845 | 1,278,774.06 | 0.1% | 0.0% |
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, SPRING and Bridge.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 | 2,642,104,194 | 0.198 | 522,202,620 | $522,202,620.16 | |
| BTS Stealth | 285,009 | 0.198 | 56,331 | $56,331.03 | |
| Reserve Pool | 958,468,960 | 0.198 | 189,438,026 | $189,438,025.72 | |
| BitUSD | 11,483,935 | 5.12 | 58,797,747 | $11,621,168.35 | |
| BitCNY | 209,412,624 | 0.765 | 160,200,657 | $31,663,097.62 | |
| BitEUR | 85,316 | 6 | 511,896 | $101,174.45 | |
| BitBTC | 51.5 | 34,170 | 1,759,755 | $347,809.40 | |
| BitGold | 189.5 | 6,345 | 1,202,378 | $237,645.69 | 0.000% |
| BitSilver | 21,761 | 81.1 | 1,764,817 | $348,809.91 | 0.000% |
| Ruble | 7,521,254 | 0.082 | 616,743 | $121,897.06 | |
| HERO | 805 | 842 | 677,810 | $133,966.77 |
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 | 6091 | 3 |
| bitshares-munich | 5552 | 2 |
| bituniverse | 5162 | 34 |
| compumatrix1 | 2597 | 0 |
| digital-nomad | 2502 | 0 |
| sdr | 2385 | 0 |
| cryptofresh | 2348 | 12 |
| magicw | 1775 | 5 |
| jianjolly-0 | 1743 | 0 |
| dex-advert | 1409 | 77 |
| by24seven | 1364 | 4 |
| superone | 1268 | 0 |
| bcp2017 | 1204 | 0 |
Vote Proxies
This section will track the change in proxy voting
| Account | Opinions | Followers | Weight (M) | Weight Change (M) |
|---|---|---|---|---|
| xeroc | 66 | 213 | 136.6 | 0 |
| openledger | 53 | 10796 | 119.4 | |
| bitcrab | 105 | 114 | 112.1 | |
| michaelx | 57 | 133 | 75.7 | |
| still | 127 | 326 | 49.7 | |
| baozi | 27 | 57 | 40 | 0 |
| bitshareseurope | 0 | 456 | 26.7 | |
| abit | 71 | 718 | 26.5 | 0 |
| blckchnd | 55 | 1562 | 22.6 | |
| fav | 40 | 164 | 21.5 |
Committee Members
This section will track shareholder approval of committee members
| Account | Votes (M) | Votes Change (M) |
|---|---|---|
| bitcrab | 704.5 | |
| abit | 594.1 | |
| bhuz | 579.1 | |
| clockwork | 572.4 | |
| jademont | 571.3 | |
| witness.still | 449.3 | |
| openledgerdc | 447.8 | |
| xeroc | 443 | |
| ebit | 431.4 | |
| bunkerchainlabs-com | 430.9 | |
| fav | 389.2 |
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 | 787 | 3 | |
| 2 | bhuz 1.6.17 | 1935 | ||
| 3 | 4118 | 1 | ||
| 4 | 1416 | 6 | ||
| 5 | roelandp 1.6.74 | 135 | 2 | |
| 6 | witness.still 1.6.69 | 9407 | 2 | |
| 7 | xman 1.6.64 | 1839 | 1 | |
| 8 | delegate-1.lafona 1.6.28 | 4986 | 1 | |
| 9 | elmato 1.6.20 | 4452 | 1 | |
| 10 | 2373 | 4 | ||
| 11 | xeldal 1.6.22 | 2819 | 1 | |
| 12 | 1465 | 7 | ||
| 13 | 3704 | 728 | ||
| 14 | 4596 | 2 | ||
| 15 | 4044 | 1 | ||
| 16 | blckchnd 1.6.75 | 1021 | 10 | |
| 17 | delegate.freedom 1.6.63 | 4988 | 1 | |
| 18 | crazybit 1.6.84 | 759 | 3 | |
| 19 | bangzi 1.6.116 | 28 | 1 | |
| 20 | magicwallet.witness 1.6.110 | 128 | 2 | |
| 21 | openledger-dc 1.6.76 | 804 | 9 | |
| 22 | witness.hiblockchain 1.6.105 | 711 | 2 | |
| 23 | gdex-witness 1.6.120 | 69 | 3 | |
| 24 | winex.witness 1.6.101 | 1130 | 3 | |
| 25 | 86 | 7 | ||
| 26 | 1474 | |||
| 27 | delegate.ihashfury 1.6.26 | 905 | ||
| 28 | mr.agsexplorer 1.6.24 | 8204 | ||
| 29 | delegate-clayop 1.6.27 | 5200 | ||
| 30 | etienne-marais 1.6.96 | 0 |
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 | 197,424,223 | -14,365,235.00 | |
| 2 | bitkkchubei002 | 161,192,406 | - | 0.00% |
| 3 | binance-cold-1 | 114,787,664 | - | 0.00% |
| 4 | bitcc-bts-cold | 76,575,400 | -17,470,102.00 | |
| 5 | huobi-bts-withdrawal | 64,085,060 | 29,610,524.00 | |
| 6 | binance-bitshares-gvbdb84k6h | 52,879,882 | -17,220,815.00 | |
| 7 | alpha-dog | 37,577,663 | 2,273,496.00 | |
| 8 | zbbts001 | 33,989,032 | -16,808,993.00 | |
| 9 | gamma-rabbit | 32,719,140 | - | 0.00% |
| 10 | abc.btsbots | 30,025,938 | - | 0.00% |
| 11 | committee-cnytrader | 22,405,956 | 1,819,999.99 | |
| 12 | ranchorelaxo2017 | 21,769,775 | - | 0.00% |
| 13 | gate-bts-off001 | 21,324,213 | - | 0.00% |
| 14 | test-changekey | 20,163,274 | - | 0.00% |
| 15 | abit | 20,129,101 | 9,536.00 | |
| 16 | alpha-go | 20,017,692 | 2,183,110.17 | |
| 17 | binance-bts-1 | 19,032,275 | 18,032,275.00 | |
| 18 | bittrex-deposit | 16,961,889 | -235,943.00 | |
| 19 | spring-team | 16,200,911 | 15,200,911.00 | |
| 20 | coinegg-main | 15,330,735 | -69,960.00 | |
| 21 | blocktrades | 15,125,368 | 7,979,439.00 | |
| 22 | stan | 14,841,933 | 13,841,933.00 | |
| 23 | anonymous | 11,212,516 | - | 0.00% |
| 24 | yun-bts | 10,962,754 | - | 0.00% |
| 25 | mr-wang | 10,775,961 | - | 0.00% |
| 26 | evan | 10,659,692 | - | 0.00% |
| 27 | brother-john | 9,312,086 | - | 0.00% |
| 28 | committee-usdoperator | 9,257,065 | 2,377,518.47 | |
| 29 | ibilitlan-scoltock | 8,673,958 | - | 0.00% |
| 30 | virtual-ventures | 8,353,475 | - | 0.00% |
| 31 | enki | 8,342,871 | -374,168.00 | |
| 32 | graphene2015 | 8,110,430 | 2.00 | |
| 33 | roje | 8,040,409 | - | 0.00% |
| 34 | cievia-waugaman | 7,990,214 | - | 0.00% |
| 35 | onceuponatime | 7,907,732 | -156,875.00 | |
| 36 | invictus | 7,494,364 | - | 0.00% |
| 37 | jiny2 | 7,438,984 | - | 0.00% |
| 38 | haeassa-granovsky | 7,431,931 | - | 0.00% |
| 39 | bts-subscribe | 7,087,591 | -678,089.00 | |
| 40 | gate-io-bts66 | 7,041,823 | -1,470,476.00 | |
| 41 | getch-bts | 7,000,000 | -2,000,000.00 | |
| 42 | cass | 6,737,585 | - | 0.00% |
| 43 | tyrone-shoelaces | 6,615,913 | - | 0.00% |
| 44 | ld636433 | 6,590,097 | 2,136,929.40 | |
| 45 | a2dcdf323a8a576408f62604b17a8a52 | 6,577,115 | -6,000,001.00 | |
| 46 | abinia-rivard | 6,550,563 | - | 0.00% |
| 47 | keebler-kahn | 6,500,770 | - | 0.00% |
| 48 | tsuratsura-3557 | 6,395,199 | - | 0.00% |
| 49 | bts-morning | 6,170,733 | 5,170,733.00 | |
| 50 | ev-ev | 6,094,850 | 1,645,174.77 | |
| 51 | yoyow.team | 6,000,002 | -0.03 | |
| 52 | bristolbay | 5,798,385 | -75.15 | |
| 53 | fericia-brick | 5,766,623 | - | 0.00% |
| 54 | btszhqxf | 5,734,712 | - | 0.00% |
| 55 | spring | 5,560,779 | - | 0.00% |
| 56 | cadord-ozois | 5,423,173 | - | 0.00% |
| 57 | storj | 5,366,573 | - | 0.00% |
| 58 | xhunter | 5,192,094 | - | 0.00% |
| 59 | jeraud-kanze | 5,172,698 | - | 0.00% |
| 60 | geravia-mackinnon | 4,777,691 | - | 0.00% |
| 61 | bitcoinindonesia | 4,649,124 | -398,696.00 | |
| 62 | zy360 | 4,500,944 | -270,000.00 | |
| 63 | xgqing | 4,351,903 | - | 0.00% |
| 64 | btsxzzh2 | 4,348,432 | - | 0.00% |
| 65 | wjlsf | 4,332,144 | 319,973.00 | |
| 66 | workers.bitshares.foundation | 4,210,206 | -99,484.00 | |
| 67 | bitlion | 4,182,189 | -170,001.20 | |
| 68 | facem | 4,136,794 | -120,009.80 | |
| 69 | quonael-lievesley | 4,087,235 | - | 0.00% |
| 70 | serg | 4,075,402 | 210,398.00 | |
| 71 | hongcaibao1 | 4,022,388 | -629,181.70 | |
| 72 | coldstorage1 | 4,000,000 | - | 0.00% |
| 73 | oh-bts | 4,000,000 | - | 0.00% |
| 74 | super-bts | 3,999,990 | - | 0.00% |
| 75 | slim | 3,938,098 | - | 0.00% |
| 76 | wesley-waugaman | 3,921,027 | - | 0.00% |
| 77 | cai8108 | 3,861,713 | 34,276.73 | |
| 78 | qt6862 | 3,861,441 | 574,638.00 | |
| 79 | mtblock-io | 3,852,140 | 737,682.00 | |
| 80 | echo1 | 3,690,471 | 2,690,471.00 | |
| 81 | ptschina | 3,665,360 | 10,924.00 | |
| 82 | random123 | 3,304,640 | - | 0.00% |
| 83 | aleks | 3,279,598 | -3,390,057.15 | |
| 84 | cny123 | 3,274,396 | 1,213,684.00 | |
| 85 | bafohald-degeorge | 3,189,866 | - | 0.00% |
| 86 | scottmclane | 3,177,116 | - | 0.00% |
| 87 | makkiavelli1977 | 3,153,587 | 2,153,587.00 | |
| 88 | bilbo-baggins | 3,151,030 | - | 0.00% |
| 89 | lao-wallet | 3,140,242 | - | 0.00% |
| 90 | lllddd124 | 3,118,451 | 545,331.00 | |
| 91 | bts1998 | 3,114,583 | - | 0.00% |
| 92 | livecoin-net | 3,093,849 | -3,869.00 | |
| 93 | rwh-9164 | 3,048,129 | 128,000.00 | |
| 94 | austintexas11 | 3,045,249 | - | 0.00% |
| 95 | goodc0re | 3,024,484 | - | 0.00% |
| 96 | erv6hesp | 3,021,518 | 155,598.15 | |
| 97 | pxn-income | 3,014,021 | 2,014,021.00 | |
| 98 | null-account | 3,013,497 | - | 0.00% |
| 99 | lailai | 3,000,031 | 2,000,030.90 | |
| 100 | macley | 3,000,029 | -8.57 |
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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