Welcome to the 8th Bitshares State of the Network (BSotN) report. I will be releasing this report weekly to look at 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 - 30th October 2016
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 week i am changing to include one new metric and also a small change to the structure; from now on the observations will be listed at the top and i will also include a chart showing the revenue/expenses of the reserve pool.
Observation from this week
This section will highlight any observations made while analysing the data.
Less than 1 week until the 'merger' social contract is complete!!; the current social contract has been in place for the last 2 years so it will definitely be a time to celebrate - find out what i am talking about HERE
has just released version 2.0.161031 of the Bitshares light client including some cosmetic fixes, a few updates and bug fixes; check out the change log and download the latest version HERE
Bitshares user 'pc' has drafted a BSIP (Bitshares Improvement Proposal) to make changes at the protocol level to enable the revival of 'Black Swan' Market Pegged Assets and completed Prediction Markets details can be found HERE and discussions can be found HERE
Bitshares user 'alt' has created an android based Bitshares wallet (btsbot wallet) with a market making bot built in; at the moment the bot only trades CNY/BTS with a limit of 10 CNY per order; you can find more details HERE
Peerplays testnet has been updated, with changes coming to the GUI and updated genesis block which includes BTS held in open orders when the snapshot happened.
is developing a new webpage for bitshares.org see his progress and leave your feedback HERE
Obits voting ends tonight; if you are an obits holder and have not voted make sure to check out the page linked HERE and make your vote count; this is true decentralized governance at its best.
Beyond the Void has announced their ICO crowd sale starting on the 1st of November; ICO will be conducted primarily in ETH and the amount of NXC will decrease in stages as normal with ICO for more details please see HERE due to the partnership with OpenLedger you can find a special link which will allow sale in Bitshares with a 5% bonus HERE
Orders on the Bitshares DEX from Top 100 holders has increase w/w by 9.12%
Top 100 Bitshares holders have increased w/w by 1.29%
Exchange balances have increased w/w by 2.7%
BTC38 has seen another large jump in its holdings making the gap between it and poloniex even smaller, at this rate we might have a new leader in terms of exchanges in only a few short weeks, 23 Million shares is all that separates these 2 giants.
The last asset registered this week is asset #1183 and is named 'GAME' registered by 'enter'
enter has continued his rampage of name registrations, still registering 3 letter user names; This guy is up to something!!, IMHO these names are not for name squatting; he has also registered a lot of assets; the most recent of which 'GAME' is a lot more expensive than you average 5 letter asset. looking forward to hearing what he is building although i feel like we will not get official statement until his completed his acquisition.
Fun Casino has taken a 22 BTC overall loss this week off the back of a major winner of 17 BTC as a result their will be no distribution to FUNC holders this week
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 | 2,575,442,875 | 0.0056259% | |
| BTS Stealth | 258,934 | - | 0.00% |
| BTS in Open Orders (DEX) | 44506304.35 | -0.75% | |
| Reserve Pool | 1,025,130,121 | -0.0141340% | |
| RP Accumulated fees | 17,391 | - | 0.00% |
| Collateral (top 250) backing Smartcoins | 271,145,249 | 0.71% | |
| Top 100 Total | 1,340,253,766 | 1.27% | |
| Top 100 - minus Exchanges | 525,115,870 | -0.80% | |
| Exchanges | 815,137,895 | 2.60% | |
| Non Exchanges | 1,760,304,980 | -1.20% |
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 expense and a negative number means a W/W profit; 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 | 0.00000591 | 0.00422459 | 16,461,331.04 | 69,542.42 | 72.9957 | |
| CNY | 0.02842446 | 0.00419432 | 6,089,766.37 | 25,542.43 | 27.0043 | |
| USD | 0.0039989 | 0.0039989 | 0 | 0 | 0 | |
| EUR | 0.00289333 | 0.00318719 | 0 | 0 | 0 | |
| NXT | 0.297 | 0.00365697 | 0 | 0 | 0 |
Worker Proposals
This section will identify the current approved and pending worker proposals
Active Worker:
- Refund worker - returns unspent budget to the reserve pool
- Chronos Crypto - for the creation of educational youtube videos
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 PEERPLAYS, CNY and BLOCKPAY
Smartcoins
This sections seeks to analyse the current supply and market capitalisation of the Bitshares Smartcoins. We also look at the most active trading pairs of each asset and provide a 1yr view of the price and market cap of each Smart coin.
| Asset | Supply | Price | Market Cap BTS | Market Cap USD | Supply Change W/W |
|---|---|---|---|---|---|
| BTS | 2,575,442,875 | 0.00421642 | 2,575,442,875 | $10,859,148.85 | |
| BTS Stealth | 258,934 | 0.00421642 | 258,934 | $1,091.77 | 0.00% |
| Reserve Pool | 1,025,130,121 | 0.00421642 | 1,025,130,121 | $4,322,379.14 | |
| RP Accumulated fees | 17,391 | 0.00421642 | 17,391 | $73.33 | 0.00% |
| BitUSD | 113,686 | 238 | 27,057,268 | $134,271.42 | |
| BitCNY | 1,938,401 | 35.2 | 68,231,715 | $338,599.20 | |
| BitEUR | 5,703 | 263 | 1,499,889 | $7,443.18 | |
| BitBTC | 52 | 168,930 | 8,784,360 | $43,592.30 | |
| BitGold | 11.02 | 315,403 | 3,475,741 | $17,248.33 | |
| BitSilver | 928 | 4,433 | 4,113,824 | $20,414.81 |
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 | 1759 | |
| compumatrix1 | 1616 | 0 |
| openledger | 514 | 0 |
| btsabc | 351 | |
| fav | 311 | 0 |
| cryptofresh | 263 | |
| ccm2015 | 218 | 0 |
| gn1 | 212 | 0 |
| cryptocurrency3 | 152 | 0 |
| by24seven | 131 | 0 |
| cat-ch | 119 | 0 |
| ebit | 92 | 0 |
| sdr | 77 | 0 |
| kc007 | 74 | 0 |
Vote Proxies
This section will track the change in proxy voting
| Account | Opinions | Followers | Weight (M) | Weight Change (M) |
|---|---|---|---|---|
| xeroc | 35 | 132 | 166.5 | |
| bitcrab | 36 | 21 | 98.1 | |
| baozi | 30 | 51 | 78 | |
| laomao | 42 | 4 | 45.5 | |
| angel | 53 | 6 | 16.3 | |
| harvey | 59 | 4 | 16.1 | |
| yao | 57 | 34 | 15.1 | |
| bytemaster | 38 | 33 | 11.6 | 0 |
| fav | 23 | 31 | 10.7 | 0 |
| baicai | 49 | 4 | 10.6 | 0 |
Committee Members
This section will track shareholder approval of committee members
| Account | Votes (M) | Votes Change (M) |
|---|---|---|
| bitcrab | 566 | |
| clayop | 521.5 | |
| bhuz | 489.4 | |
| bitcube | 460.6 | |
| abit | 451.5 | |
| xeroc | 441.5 | |
| dele-puppy | 406.5 | |
| ebit | 329.2 | 0 |
| chris4210 | 326.6 | |
| bunkerchainlabs-com | 315.4 | |
| harvey-xts | 196.1 | 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 | Balance(include orders) | Orders | Change W/W | Change W/W % |
|---|---|---|---|---|---|
| 1 | poloniexcoldstorage | 290001202.9 | 0 | - | 0.00% |
| 2 | btc38-public-for-bts-cold | 267419115 | 0 | - | 0.00% |
| 3 | btc38-btsx-octo-72722 | 75998563.3 | 0 | 15,689,627.01 | |
| 4 | poloniexwallet | 75358948.38 | 0 | 5,438,351.77 | |
| 5 | yunbi-cold-wallet | 35003434.68 | 0 | - | 0.00% |
| 6 | pr1modiaprile | 24999291.42 | 0 | - | 0.00% |
| 7 | blocktrades | 22616259.8 | 6722.16862 | 1,330,542.19 | |
| 8 | btercom | 22049119.99 | 0 | - | 0.00% |
| 9 | bittrex-deposit | 20253452.44 | 0 | -784,433.35 | |
| 10 | cass | 19069543.27 | 0 | - | 0.00% |
| 11 | tsuratsura-3557 | 19040059.37 | 0 | - | 0.00% |
| 12 | alohacs | 16855553.92 | 0 | - | 0.00% |
| 13 | duecastori2014 | 15012375.91 | 1692973.487 | -186,026.66 | |
| 14 | evan | 12118147.13 | 0 | - | 0.00% |
| 15 | maemon-personal | 11089852.66 | 0 | -183.05 | |
| 16 | mcxcwbts | 10818456.61 | 0 | - | 0.00% |
| 17 | bitshares-munich-wallet | 10629433.74 | 0 | -2.82 | |
| 18 | crypto-maniac | 10597469.97 | 0 | - | 0.00% |
| 19 | angel | 10455195.83 | 0 | - | 0.00% |
| 20 | funnycat-air | 9993208.56 | 9992999 | 1.22 | |
| 21 | jiny2 | 9826741.689 | 0 | - | 0.00% |
| 22 | hnnr8 | 9462605.989 | 0 | - | 0.00% |
| 23 | suyuekuangcheng666 | 8760385.289 | 7144200 | - | 0.00% |
| 24 | ccedk.escrow2 | 8620314.83 | 0 | - | 0.00% |
| 25 | roje | 8573322.113 | 0 | - | 0.00% |
| 26 | cievia-waugaman | 7990212.567 | 0 | - | 0.00% |
| 27 | transres | 7644278.21 | 263123.2731 | -2,798.30 | |
| 28 | bc-godpay | 7563433.058 | 0 | - | 0.00% |
| 29 | pay.xeroc | 7390384.244 | 0 | - | 0.00% |
| 30 | virtual-ventures | 7274635.746 | 0 | - | 0.00% |
| 31 | yun-bts | 6493328.871 | 0 | 121,052.58 | |
| 32 | bterdeposit | 6437798.739 | 0 | -453,577.33 | |
| 33 | abinia-rivard | 6348090.413 | 0 | - | 0.00% |
| 34 | goldsix | 6050400.848 | 0 | - | 0.00% |
| 35 | ubris | 5999999.845 | 0 | - | 0.00% |
| 36 | btszhqxf | 5734710.5 | 0 | - | 0.00% |
| 37 | graphene2015 | 5627787.697 | 0 | - | 0.00% |
| 38 | linhan | 5425093.721 | 0 | - | 0.00% |
| 39 | dev.bitsharesblocks | 5415910.293 | 450522.0174 | - | 0.00% |
| 40 | coldstorage1 | 5350000 | 0 | - | 0.00% |
| 41 | bristolbay | 5325002.672 | 0 | - | 0.00% |
| 42 | miso69 | 5324070.577 | 0 | - | 0.00% |
| 43 | lzr1900 | 5292613.214 | 0 | - | 0.00% |
| 44 | cadord-ozois | 5254556.413 | 0 | - | 0.00% |
| 45 | xhunter | 5233237.27 | 0 | - | 0.00% |
| 46 | cnfund | 5162203.571 | 0 | - | 0.00% |
| 47 | laow | 5057707.821 | 0 | - | 0.00% |
| 48 | networker2014 | 5035407.978 | 0 | - | 0.00% |
| 49 | bitcrab | 5024008.014 | 0 | - | 0.00% |
| 50 | roland.sun | 5022491.809 | 0 | - | 0.00% |
| 51 | mybak | 4709246.334 | 0 | - | 0.00% |
| 52 | bts88 | 4527532 | 0 | - | 0.00% |
| 53 | impseu1 | 4432045.44 | 0 | - | 0.00% |
| 54 | btsxzzh2 | 4348431.46 | 0 | - | 0.00% |
| 55 | harvey | 4337614.493 | 36239.65001 | 1,143,417.25 | |
| 56 | stan | 4195778.526 | 0 | - | 0.00% |
| 57 | slim | 4100811.632 | 0 | - | 0.00% |
| 58 | trans.bot | 4098532.503 | 105166.4066 | 1,273,846.93 | |
| 59 | lambda1 | 4047823.059 | 0 | - | 0.00% |
| 60 | freedom35 | 3962201.789 | 0 | - | 0.00% |
| 61 | hermes3 | 3832194.901 | 0 | - | 0.00% |
| 62 | freehawk | 3811954.361 | 0 | - | 0.00% |
| 63 | elendasa-benjamin | 3785674.178 | 0 | - | 0.00% |
| 64 | bunkerchainlabs-com | 3776678.693 | 0 | - | 0.00% |
| 65 | wys | 3706185.413 | 0 | - | 0.00% |
| 66 | ironbank | 3646387.404 | 8000 | - | 0.00% |
| 67 | jaehyuk | 3627054.384 | 0 | - | 0.00% |
| 68 | mike-primorac | 3479329.453 | 0 | - | 0.00% |
| 69 | koocaa | 3453196.418 | 0 | - | 0.00% |
| 70 | btsxcn | 3376400.917 | 0 | - | 0.00% |
| 71 | tomo | 3353778.54 | 0 | 353,776.74 | |
| 72 | tomotomo1 | 3332277.428 | 0 | - | 0.00% |
| 73 | scottmclane | 3251127.476 | 0 | - | 0.00% |
| 74 | chryspano | 3200097.451 | 0 | - | 0.00% |
| 75 | btsxking | 3194696.539 | 593691.3612 | -439,123.40 | |
| 76 | flyingmind2 | 3186965.429 | 0 | 841,978.90 | |
| 77 | ags | 3168560.079 | 0 | - | 0.00% |
| 78 | sauron | 3138969.866 | 0 | - | 0.00% |
| 79 | bafohald-degeorge | 3114896.581 | 0 | - | 0.00% |
| 80 | cissy | 3108148.483 | 10000 | - | 0.00% |
| 81 | kimziv0 | 3050290.2 | 0 | - | 0.00% |
| 82 | onceuponatime | 3013448.36 | 10950 | -310,824.71 | |
| 83 | null-account | 3011942.766 | 0 | 33,333.33 | |
| 84 | spring | 3001566.658 | 10000 | - | 0.00% |
| 85 | profoot | 3000002.391 | 0 | - | 0.00% |
| 86 | anonym7 | 2972988.998 | 0 | - | 0.00% |
| 87 | sk | 2972367.465 | 0 | - | 0.00% |
| 88 | teiva | 2949468.355 | 1038871.108 | 698,871.11 | |
| 89 | ccddd | 2800000 | 0 | - | 0.00% |
| 90 | mostar | 2798992.092 | 0 | - | 0.00% |
| 91 | bang-king | 2770411.384 | 38000 | -0.31 | |
| 92 | gaba | 2741233.742 | 0 | - | 0.00% |
| 93 | nathan | 2657576.225 | 0 | - | 0.00% |
| 94 | operations.hyperetas | 2626602.474 | 0 | - | 0.00% |
| 95 | riverhead | 2617943.17 | 0 | - | 0.00% |
| 96 | thread | 2614339.829 | 0 | - | 0.00% |
| 97 | rand1 | 2586346.83 | 0 | - | 0.00% |
| 98 | kan791 | 2569361.488 | 0 | - | 0.00% |
| 99 | dragongroup | 2549459.689 | 0 | - | 0.00% |
| 100 | hardfork2 | 2545413.479 | 0 | - | 0.00% |
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! :)