Bitshares - State of the Network - 18th September 2018

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.

• Just use the banner above to create your account
• Enroll as a Life Time Member
• Leave your username in the comments on the latest BSotN report or join us on BitsharesDEX telegram chat.