Bitshares - State of the Network - 28th August 2018

Welcome to the 98th 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 - 28th August 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 Core version 2.0.180823 has been released. This release is the first release which add's support for Ubuntu 18.04 LTS as well as some Improvements, security fixes and api changes. You can find more information HERE

• @clockwork has open sourced the proof-of-concept code for Beet, The Bitshares Companion application. He has given it the name (Beet), MIT-licensed it and transferred it over to the BitShares github. The current code is for the ALPHA proof of concept release. You can find more information HERE

• @cm-steem has released a draft BSIP 'Backing a Market Pegged Asset with multiple assets as collateral'. The focus of this BSIP is to allow multiple assets as collateral backing for an MPA. You can read all the details and provide your feedback HERE

• The 'Bitshares Community 100 Cities 100 Stores' started by Guo An has reached 45 physical stores in China. The program aims to promote the unity, love and mutual assistance of the members of the BitShares community, by providing offline meeting places at various cities. More information HERE

• @alexpmorris has released a HOWTO Encrypt and Decrypt BitShares Memos in Either JavaScript or Java guide. The guide provides information around the process and the code to get the job done. You can find more information HERE

• Spark has released an article 'How True Decentralised Exchanges Work'. The article features the new SparkDex and focuses on 3 key concepts Fund management, Order books and Crypto transactions. More information HERE

• Kevin Messerly has done an interview with Jenn Nelson and Mr. Rose from the Crossing the chain podcast in and episode titled 'Bitshares: King Of The DEX (with guest Kevin Messerly)'. You can find the podcast link 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

• Current registered wallets/accounts within the Bitshares network is 1066828 1071589; an increase of 4761 wallets/accounts since last week

Smartcoin issuance chart showing weekly change since the start of 2017

Beet - Bitshares Companion application - source

SparkDex trading interface - 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	2,654,452,625	1,666,793.00	0.06%
BTS Stealth	285,272	-	0.00%
BTS in Open Orders (DEX - T250)	12698261	-	0.00%
Reserve Pool	946,120,529	-1,666,793.00	-0.17%
Collateral (top 250) backing Smartcoins	466,709,298	-	0.00%
Top 100 Total	1,484,160,236	-	0.00%
Top 100 - minus Exchanges	716,624,871	-	0.00%
Exchanges	767,535,365	-	0.00%
Non Exchanges	1,886,917,260	1,666,793.00	0.09%

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	0.00001654	0.11613826	32,999,918.74	3,832,553.23	48.9%	70.5%
USDT	0.11644931	0.12	30,961,257.58	3,604,952.93	45.9%	18.0%
ETH	0.00039083	0.113913	3,012,660.04	343,181.15	4.5%	8.0%

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, Bridge.BTC 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	2,654,452,625	0.1117	296,608,536	$296,608,536.32	0.063%
BTS Stealth	285,272	0.1117	31,876	$31,876.29	0.000%
Reserve Pool	946,120,529	0.1117	105,719,508	$105,719,507.91	-0.176%
BitUSD	10,392,285	8.95	93,010,951	$10,393,043.64	-0.461%
BitCNY	138,275,651	1.313	181,555,930	$20,287,059.59	1.773%
BitEUR	76,366	10.5	801,843	$89,597.94	-0.017%
BitBTC	50.7	61,868	3,136,708	$350,495.71	0.000%
BitGold	189.4	10,761	2,038,133	$227,741.03	0.000%
BitSilver	21,761	132.8	2,889,861	$322,913.05	0.000%
Ruble	6,780,255	0.1328	900,418	$100,612.69	-0.702%
HERO	721	1,478	1,065,638	$119,074.39	-0.552%

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	720.9	794	2
2	bhuz 1.6.17	680	1942
3	abc123 1.6.65	677.1	1428
4	verbaltech2 1.6.34	670	4135
5	rnglab 1.6.45	648.2	2399	2
6	elmato 1.6.20	648	4483
7	xman 1.6.64	646.5	1854
8	sahkan-bitshares 1.6.73	645.8	1564	6
9	xeldal 1.6.22	642.8	2825
10	witness.still 1.6.69	640.7	9423
11	fox 1.6.16	631.4	4694	2
12	roelandp 1.6.74	631	147	3
13	xn-delegate 1.6.59	626.8	3713
14	blckchnd 1.6.75	626.7	1032	1
15	bangzi 1.6.116	574.8	40	1
16	delegate-1.lafona 1.6.28	565.2	5003	1
17	crazybit 1.6.84	564.8	778	3
18	witness.hiblockchain 1.6.105	547.1	757	3
19	witness.yao 1.6.71	544.2	4058
20	magicwallet.witness 1.6.110	542.9	143	1
21	delegate.freedom 1.6.63	542.8	4995	1
22	openledger-dc 1.6.76	531.2	812	3
23	clockwork 1.6.117	521.1	103
24	gdex-witness 1.6.120	475.7	80
25	zapata42-witness 1.6.129	433.3	2	2
26	winex.witness 1.6.101	422.2	1166	3
27	delegate-zhaomu 1.6.98	401.9	1486
28	btspp-witness 1.6.131	388.4	2	2
29	mr.agsexplorer 1.6.24	285.3	9130
30	delegate-clayop 1.6.27	253.1	5200

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