Bitshares - State of the Network - 23rd May 2017

in #bitshares7 years ago


Welcome to the 36th 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 - 23rd May 2017

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.

  • Smartcoin valuation has nearly DOUBLED this week going from $3,087,553.11 to $6,038,027.12. The main increase occurred in the BitCNY asset which seen a 135% increase in supply this week. increasing supply in crypto is generally a bad thing but it is quite the opposite in Bitshares as each USD or smartcoins is backed by at least $1.75 USD of Bitshares. This decreases the liquid supply of Bitshares and adoption of smartcoins forces the per share price of Bitshares higher which provides great leverage for the reserve pool and worker proposals creating a positive feedback loop

  • The HERO smartcoin has started trading and i have started tracking its progress in these reports. Currently it only has $5,000 USD supply but has only just achieved the need prices feeds to become active this week. Congrats to Stan and the team. This asset is an exciting asset that could bring great value to mainstream society. If you would like to learn more about the HERO you can visit hero.global or check out the recent post from Stan HERE. I have also included a concept logo for the coin below this section. Stan has also mentioned a giveaway of a HEROassist token at the upcoming CRS show in Hollyworld allow attendees to redeem their token for 1 hour of consulting time with a Bitshares Hero who can assist them to create their very own asset to start their new venture.

  • Dan Larimer has done an introduction of EOS at consensus NYC. There is a lot of buzz around the new platform and they even had billboard advertising in Time Square. You can watch Dan's talk thank to @roelandp HERE

  • This week @stan will be talking at CRS in Hollywood for the 'Startup Hollywood' event. This promises to be a speculator event with some big name Hollywood star that already seem to be supporting the Bitshares ideals. Stan has mentioned he also has some exciting dinner dates lined up so keep an eye on his blog for more information about what transpires this weekend. Be sure to follow @stan on steemit

  • @officialfuzzy has released Whaleshares in a Beta phase. Whaleshares will allow Steem whales to attribute their voting power to tokens on the Bitshares network. These tokens can then be distributed to users of Steem (Who will require a Bitshares account ;). Once in possession of these tokens users will be able to use these tokens to upvote/downvote Steem and Golos posts via sending the tokens to the whale. Tools such as whaleshares.net will help users in this process. Whaleshares a being distributed at the moment to speaker in the Beyond Bitcoin Show; In future i am sure their will be other mean to get your hands on these tokens but as mentioned the platform is still in testing at the moment. I personally think this is a great project and will have huge benefits for Bitshares, Steem and Golos.

  • @estefantt has published the makeup of the Cryptocurrency index fund 'Bit20'. Every month on the 20th day an algorithm generates a composition for the index fund based on the top 20 cryptocurrencies and some index rules. This asset provides a diversified portfolio for investors that are bullish on cryptocurrencies in general without need to pick the latest flavour of the month. you can find out more and see the latest composition HERE

  • Chinese Blockchain Company, ViewFin Inks Deal with Denmark’s OpenLedger. “ViewFin is one of the leading blockchain companies in China, and we are confident that we will achieve more in our future cooperation. It is a great honor to work with a company which is so greatly respected and regarded in their home country. Together we will build something that is special and unique, and we will take the blockchain by storm.” you can read the full story HERE

  • Ronny Boesing from OpenLedger (OL) mentioned on telegram this week 'From June OpenLedger will be offering all users to sign up using airbitz password single sign on solution helping you always to access to password and access to your account. It is a 1 usd cost per user waived and paid by OL'

  • @fav has stumbled across some Bitshares Munich carbon wallet UI images that surfaced on uplabs.com. I have posted the gif below this section. you can find the original source HERE

  • Yoyow has launched a crowd-sale this week; tokens were distributed to a number of sources and sold out in a very short time frame. Yoyow (You Own Your Own Words) is a User generated content platform initially focusing on the Chinese market and should have positive results for the Bitshares eco system. The team from Yoyow is made up from a number Chinese Bitshares core members and superstars of the community. It will launch on a Graphene chain and they already have a demo application that you can play around with. Find out more details HERE or listen to @jademonts introduction HERE

  • @peerplays have completed their crowdfund this week reaching tier 3. They did not completely raise their goal and as such as per their initial bulletin any unsold PPY will be burned/unminted. Witness operations are underway with people registering their interest by joining the @peerplayswitness channel in telegram.

  • @peerplays this week will be publishing their suggested genesis block allowing all contributors to take an early look at the distributions from the various channels, they will also publish their suggested settings for the network. They will also be releasing further code to their github account in the coming weeks.

  • cryptonomex has entered the top 100 this week with a fresh batch of BTS sourced from blocktrades.

  • 11632 new account registered this week! average week is roughly 2-3000 accounts so this is roughly 4x higher than a standard week.

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

  • Current registered wallets/accounts within the Bitshares network is 183790; an increase of 11632 wallets/accounts since last week

  • The last asset registered this week is asset #1388 and it is named 'OPEN.ETP' registered by 'openledger-wallet' with the description 'OpenLedger Entropy-backed asset - https://openledger.info/' - This is ViewFin's asset.

Ronny taking China by Storm

Bitshares new record 680,000 Transaction in 1 day! (7.87 TPS)

HERO Coin

Top Cryptocurrencies by Transactions Per Day thanks to Bill Butler

Massive increase in smartcoin supply this week

Is this the UI of the upcoming Carbon mobile wallet Bitshares Munich..

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.

DistributionBalanceChange W/WChange W/W %
BTS Supply2,601,670,199 650,297.000.03%
BTS Stealth266,872-0.00%
BTS in Open Orders (DEX)15051771.62-0.00%
Reserve Pool998,904,693 -650,297.00-0.07%
RP Accumulated fees6,763 -2,994.00-30.69%
Collateral (top 250) backing Smartcoins398813562.6 -9,270,949.40-2.27%
Top 100 Total1,454,837,898 35,272,554.812.48%
Top 100 - minus Exchanges519,644,036 6,257,579.211.22%
Exchanges935,193,862 29,014,975.603.20%
Non Exchanges1,666,476,337 -28,364,678.60-1.67%

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.

MarketLast PricePrice USD24hr Vol BTS24hr Vol USDVol %Vol % Change W/W
CNY0.680.10117,611,495.5911,594,611.1052%98.6%
BTC0.000040790.09315388108,026,741.5910,063,110.5748%18.9%
EUR0.080.0921767200.000%
WAVES0.050.091926300.000%
USD0.08134710.081347100.000%

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 BTS, CNY and Open.BTC

Smartcoins

This sections seeks to analyse the current supply and market capitalisation of the Bitshares Smartcoins.

AssetSupplyPriceMarket Cap BTSMarket Cap USDSupply Change W/W
BTS2,601,670,1990.097749162,601,670,199$254,311,076.55 0.0250%
BTS Stealth266,8720.09774916266,872$26,086.510.0000%
Reserve Pool998,904,6930.09774916998,904,693$97,642,094.66 -0.0651%
Accumulated fees6,7630.097749166,763$661.08 -30.6857%
BitUSD1,381,17610.6714,737,148$1,381,176.00 30.1969%
BitCNY28,675,8281.51643,472,555$4,249,405.76 135.8564%
BitEUR74,55912.02896,199$87,602.72 -30.7060%
BitBTC75.123,2301,744,573$170,530.55 34.1071%
BitGold3213,332426,624$41,702.14 27.4900%
BitSilver4,281180770,580$75,323.55 24.4477%
Ruble1,714,9460.1926330,299$32,286.41 295.2682%
HERO29.861,71251,120$4,996.970.0000%

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.

AccountReferralsChange W/W
bitshares-munich3033147
compumatrix1222016
jianjolly-017430
btsabc790117
openledger5140
fav3666
cryptofresh35813
sdr28250
gn127519
cryptocurrency326862
ccm20152418
by24seven1956
xiangxn1868

Vote Proxies

This section will track the change in proxy voting

AccountOpinionsFollowersWeight (M)Weight Change (M)
xeroc36161238.7 -7.8
bitcrab6427232.3 4.4
laomao35499.6 32.2
baozi296660.7 3
bitshares-munich-wallet151423.4 -2.9
fav164817.4 0.2
yao333514.2 1.6
btsabc592113.3 -8.2
abit4130711.9 -0.1
dahu2118.9 -0.1

Committee Members

This section will track shareholder approval of committee members

AccountVotes (M)Votes Change (M)
bitcrab800.8 9.5
abit759.2 13.8
bhuz728.7 22
chris4210701 63.6
xeroc661.3 -74.4
clayop644.8 -0.9
bunkerchainlabs-com600 5.8
ebit443 105.9
openledgerdc415.9 -24.1
harvey-xts387.6 5.5
fav319 2

Active Witnesses

This section will track top 25 active witnesses and the changes in support

RankWitnessVotesMissedMissed W/W
1in.abit 1.6.35 811.6310
2verbaltech2 1.6.34 799.912143
3bhuz 1.6.17 7981099
4fox 1.6.16 796.42908
5 witness.yao 1.6.71 784.4313919
6 wackou 1.6.18 78412762
7rnglab 1.6.45 768.71341
8xman 1.6.64 761.711582
9delegate.baozi 1.6.37 756.810261
10jerryliu 1.6.72 753.55289
11xn-delegate 1.6.59 715.922943
12witness.still 1.6.69 709.683387
13 roelandp 1.6.74 655.921
14 openledger-dc 1.6.76 650.2117
15xeldal 1.6.22 649.91180
16blckchnd 1.6.75 612.79140
17sahkan-bitshares 1.6.73 594.5152
18 abc123 1.6.65 551.18511
19 delegate-1.lafona 1.6.28 548.2681
20harvey-xts 1.6.23 539.15127
21elmato 1.6.20 520.33009
22 spartako 1.6.15 511.99787
23 delegate.freedom 1.6.63 506.435823
24 mr.agsexplorer 1.6.24 4751304
25 delegate.ihashfury 1.6.26 471869

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

RankAccountBalance(inc orders)OrdersChange W/WChange W/W %
1poloniexcoldstorage2900012030-0.00%
2bitcc-bts-cold1864190160-10,000,001.57 -5.09%
3poloniexwallet13942256405,763,843.17 4.31%
4yunbi-granary1000000000100,000,000.00 New to T1000
5bittrex-deposit58013125010,715,271.31 22.65%
6yunbi-cold-wallet49994976014,991,541.32 42.83%
7yun-bts466278370-117,085,041.62 -71.52%
8bitcc-bts27096801016,343,379.94 151.98%
9aloha206345490-18,012.25 -0.09%
10stan206188740-0.00%
11bterdeposit1761192206,020,068.61 51.93%
12bitshares-munich-wallet159412450-3,989,117.54 -20.02%
13bts-1980015576792015,576,792.00 New to T1000
14btercom130491120-0.00%
15tsuratsura-35571226999302,965,117.36 31.87%
16cass114401660-0.00%
17abit1132314610000-20,094.30 -0.18%
18mcxcwbts109407090-0.00%
19evan106596920-1,457,446.51 -12.03%
20crypto-maniac106133970-0.00%
21hnnr8104710020-0.00%
22jiny29521640077,999.94 0.83%
23virtual-ventures93180780-0.00%
24trans.bot914325704,494,619.16 96.69%
25roje88504300-0.00%
26invictus88151430-0.00%
27ibilitlan-scoltock86739580-0.00%
28graphene201582375510-257,486.22 -3.03%
29linanjun8207342770044,528,823.33 123.12%
30anonymous8040603450007,031,436.33 696.76%
31cievia-waugaman79902130-0.00%
32haeassa-granovsky74319310-0.00%
33alexna64726338201,393,393.06 23.74%
34bitcc-bts-withdrawal695730606,299,553.99 957.74%
35comp667375970-856,660.82 -11.28%
36onceuponatime66765190225,630.54 3.50%
37abinia-rivard65505630-0.00%
38keebler-kahn65007700-0.00%
39coldstorage164999990-500,000.92 -7.14%
40multisig-worker-2017-01640111002,044,590.47 46.93%
41bc-godpay62552189-959,658.91 -13.30%
42millibit5362347260-0.00%
43fericia-brick57666230-0.00%
44btszhqxf57347120-0.00%
45bts-morning56771130304,272.99 5.66%
46dev.bitsharesblocks5638893750000-0.00%
47linhan54250950-0.00%
48cadord-ozois54231730-0.00%
49pay.xeroc53903650-394,790.85 -6.82%
50cryptonomex538562904,699,471.86 684.90%
51spring53654740-0.00%
52bristolbay53249990-4.67 0.00%
53xhunter52332380-0.00%
54jeraud-kanze51726980-0.00%
55brother-john507457303,548,713.02 232.57%
56prebuffo197050018260-1,509,150.20 -23.18%
57laow49377070-120,001.82 -2.37%
58synergy348067690-371,002.32 -7.17%
59geravia-mackinnon47776910-0.00%
60tyrone-shoelaces44619590-0.00%
61btsxzzh243484320-0.00%
62slim41535040-0.00%
63happyshares408897903,072,401.57 302.23%
64quonael-lievesley40872350-0.00%
65tkoba9940333941559-640.17 -0.02%
66kylin198640003860-691,005.62 -14.73%
67wesley-waugaman39210270-0.00%
68hermes338321950-0.00%
69satoshi-pie36977900-0.00%
70btsnow36488080-2,999,927.31 -45.12%
71jaehyuk36270540-0.00%
72laplap534938000-0.00%
73bunkerchainlabs-com32687880-145,999.22 -4.28%
74scottmclane32511270-0.00%
75bafohald-degeorge31898660-0.00%
76wind-flower31741920-0.00%
77ddd55531372720-2,074,448.71 -39.80%
78goodc0re31305171402-294,858.46 -8.61%
79null-account30119450-0.00%
80anonym729729890-0.00%
81geneko28221250-2,222.55 -0.08%
82mostar27477340-1,049.08 -0.04%
83bitcoinindonesia26964660-640,236.34 -19.19%
84douglasriese199426429110-0.00%
85aboy263614802,636,148.00 New to T1000
86rand125863470-0.00%
87bang-king25704190-0.00%
88hardfork225454130-0.00%
89serg25157840-0.00%
90thread24859900-0.00%
91chainsquad24841540-1,000,038.43 -28.70%
92dragongroup24015110-200,000.05 -7.69%
93rg33m43ffaeqdrnk239559701,526,146.85 175.53%
94sauron23387020179,501.38 8.31%
95spook22968490-0.00%
96nana-roseannadana22099860-0.00%
97yvg190022010370-20,001.42 -0.90%
98wildman-capital21953460294,303.17 15.48%
99kedaliwin-tefft21924330-0.00%
100talos21716520-0.00%

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! :)


Image Credit: @cass

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Thanks for the updates! Great things are happening... 😊

Thanks for the comment GK. They really are, but i think this weekend is going to be huge!! only a few days away and we barely know what is happening.. one thing is for sure Stan is pumped; as he should be..wish i could attend :)

+5% Transaction rates on Bitshares and Steem are amazing not to mention those BitCNY Whales and i'm very excited by EOS and Hollywood!

Bitshares going great guns as predicted!

I have been bullish Bitshares since 2014, but haven't been as motivated to follow many other projects so deeply...

Do me a favor subscribe me to your prediction list :)

Hey,

Could you mention my HERTZ asset idea please?

https://bitsharestalk.org/index.php/topic,24161.msg306275.html
https://cryptofresh.com/a/HERTZ
https://openledger.io/a/HERTZ
https://steemit.com/bitshares/@cm-steem/hertz-fba-created

Thanks, these weekly updates are a great contribution to the Bitshares community! :)


What a great bunch of positive information for us all to digest and relish, share and enjoy! So much goodness in the horizon... Namaste :)

Welcome.. hope so in future you will share interesting articles like these :)

Nice explanation mate. I'm following you and upvoting

love the info and thank you for posting it

That is an epic post! there are some really good stats in there. I am adding more and more bitshares and steem to my holdings. What a blessing it is to be a part of this. Thanks!!! :)))

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