Bitshares - State of the Network - 3rd July 2018

Title: Bitshares - State of the Network - 3rd July 2018
Tags: bitshares bsotn cryptocurrency beyondbitcoin blockchain

Welcome to the 90th 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 - 3rd 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.

• Bitshares has taken the blocktivity poll position this week with a current activity showing 4.6 Million operations within a 24 hour period and a record set (earlier this week of 4.8 Million Operations in 24 hours). Currently the Bitshares MAINNET is processing 53.8 TPS and not even breaking a sweat! This accounts for 47.7% of all transactions being monitored by blocktivity and for comparison that is 10x more than Ethereum and more than 20x more than Bitcoin.

• Dr. Stefan Schießl and Dr. Ing. Fabian Schuh of Blockchain Projects BV will be speaking at BitFest Amsterdam! - source

• The Bitshares Web Wallet GUI has been updated this week to version 2.0.180629

• @steemdrive has announced a Billboard campaign in Manchester this week with Steem, EOS and Bitshares being displayed as 'The Future of Blockchain's - source

• The Market Making Strategy: Staggered Orders is now automated by DEXBot. Crypto Kong has released a good article describing the process and documenting their results over a 7 day period using staggered orders ever 5% of the Litecoin order book on the Bitshares network. With strategies like this it is possible to make money (and lose money) but outside of that it is great for the network by adding liquidity to the exchange. - source

• @flamingirl has introduced her 7000 followers to Bitshares with the French translation of the Bitshares State of the Network report. She has also done other posts relating to Bitshares as she dives head first into the tech, such as an interview with Blocktivity creator @estefantt which you can find HERE

• @stan and @officialfuzzy have done an interview with Crypto Connie from @bluerocktalk to talk about Bitshares, EOS and Steem and how they all fit together - source

• @stan Larimer has done an interview with Bill Church from @futurenomex - 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 1019978; an increase of 7770 wallets/accounts since last week

Smartcoin issuance chart showing weekly change since the start of 2017

Number of accounts holding BTS (off exchanges)

Bitshares takes the top spot on blocktivity.info

Dr. Stefan Schießl and Dr. Ing. Fabian Schuh speaking at BitFest Amsterdam!

Manchester - United Graphene Billboard Campaign - source

Beyond Bitcoin - Bitshares Talk - 30th June 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	2,638,040,748	1,566,139.00	0.06%
BTS Stealth	285,000	-146.00	-0.05%
BTS in Open Orders (DEX - T250)	7562908	-414,869.00	-3.73%
Reserve Pool	962532406	-1,566,139.00	-0.16%
Collateral (top 250) backing Smartcoins	382825468	18,710,831.40	4.87%
Top 100 Total	1,461,826,807	-6,597,035.43	-0.45%
Top 100 - minus Exchanges	657,595,985	16,451,262.57	2.47%
Exchanges	804,230,822	-23,048,298.00	-2.83%
Non Exchanges	1,833,809,926	24,614,437.00	1.36%

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	0.00002452	0.16235051	39,128,067.71	6,352,461.59	50.5%	91.1%
USDT	0.16491924	0.16	26,983,880.04	4,450,023.36	34.8%	75.4%
BITCNY	1.026	0.16148907	6,210,675.46	1,002,956.18	8.0%	6.7%
ETH	0.00034613	0.16432492	4,835,473	794,588.69	6.2%	49.8%

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 USD

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	2,638,040,748	0.163	430,791,606	$430,791,605.68	0.059%
BTS Stealth	285,000	0.163	46,540	$46,540.45	-0.051%
Reserve Pool	962,532,406	0.163	157,181,378	$157,181,378.27	-0.162%
BitUSD	11,480,249	6.2	71,177,544	$11,623,280.80	-1.318%
BitCNY	172,667,687	0.927	160,062,946	$26,138,251.85	9.443%
BitEUR	94,864	7.21	683,969	$111,692.09	-3.625%
BitBTC	52.1	40,766	2,123,909	$346,833.91	0.000%
BitGold	189.5	7,694	1,458,013	$238,093.28	0.000%
BitSilver	21,762	98.5	2,143,557	$350,042.49	0.000%
Ruble	7,277,710	0.0974	708,849	$115,754.91	0.005%
HERO	968	1,014	981,552	$160,287.27	-0.718%

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	6080	6
bitshares-munich	5549	1
bituniverse	5107	23
compumatrix1	2596	10
digital-nomad	2501	1
sdr	2385	0
cryptofresh	2301	16
jianjolly-0	1754	10
magicw	1743	0
by24seven	1344	9
superone	1268	0
bcp2017	1204	1
estefantt	1197	3

Vote Proxies

This section will track the change in proxy voting

Account	Opinions	Followers	Weight (M)	Weight Change (M)
openledger	56	11199	137.8	6.3
xeroc	61	213	136.6	-0.2
bitcrab	90	116	108.4	3.6
michaelx	56	130	75.6	-0.9
still	130	330	45.3	4.7
baozi	27	57	40	0
abit	71	719	26.9	0.1
blckchnd	57	1572	26.4	1.4
fav	38	165	21.5	-0.4
blockchain-bv	0	4	11.8	0

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	770.1	780	3
2	bhuz 1.6.17	742.8	1926	2
3	verbaltech2 1.6.34	728.8	4111	9
4	abc123 1.6.65	728.4	1401	9
5	roelandp 1.6.74	726.9	130	10
6	witness.still 1.6.69	714.5	9397	31
7	xman 1.6.64	706.7	1830	11
8	delegate-1.lafona 1.6.28	704.9	4979	5
9	elmato 1.6.20	702.8	4446	9
10	sahkan-bitshares 1.6.73	702.3	1438	23
11	xn-delegate 1.6.59	699.1	2970	7
12	xeldal 1.6.22	698.3	2814	29
13	rnglab 1.6.45	697.7	2365	101
14	fox 1.6.16	689.6	4588	16
15	blckchnd 1.6.75	675.4	1005	5
16	delegate.freedom 1.6.63	634.5	4977	7
17	crazybit 1.6.84	627.8	748	41
18	bangzi 1.6.116	613	23	8
19	magicwallet.witness 1.6.110	602.1	120	28
20	openledger-dc 1.6.76	586.1	790	7
21	witness.yao 1.6.71	546	3757	124
22	witness.hiblockchain 1.6.105	529.5	704	8
23	gdex-witness 1.6.120	522	64	12
24	winex.witness 1.6.101	466.3	1005	13
25	delegate-zhaomu 1.6.98	450.7	736	10
26	clockwork 1.6.117	449.1	66	8
27	delegate.ihashfury 1.6.26	410.8	895	8
28	mr.agsexplorer 1.6.24	312.1	8204
29	delegate-clayop 1.6.27	282.7	5200
30	etienne-marais 1.6.96	263.3	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	211,789,458	-9,381,114.00	-4.24%
2	bitkkchubei002	161,192,406	-	0.00%
3	binance-cold-1	114,787,664	-	0.00%
4	bitcc-bts-cold	94,045,502	-17,000,001.00	-15.31%
5	binance-bitshares-gvbdb84k6h	70,100,697	6,187,496.00	9.68%
6	zbbts001	50,798,025	1,007,720.00	2.02%
7	alpha-dog	35,304,167	2,963,355.10	9.16%
8	huobi-bts-withdrawal	34,474,536	2,102,299.00	6.49%
9	gamma-rabbit	32,719,140	-	0.00%
10	abc.btsbots	30,025,938	-	0.00%
11	ranchorelaxo2017	21,769,775	-	0.00%
12	gate-bts-off001	21,324,213	-	0.00%
13	committee-cnytrader	20,585,956	3,323,544.00	19.25%
14	test-changekey	20,163,274	-	0.00%
15	abit	20,119,565	-	0.00%
16	huobi-withdrawal	18,718,674	-2,398,198.00	-11.36%
17	alpha-go	17,834,582	1,620,229.30	9.99%
18	bittrex-deposit	17,197,832	-31,607.00	-0.18%
19	coinegg-main	15,400,695	-12,913.00	-0.08%
20	stan	14,841,933	-	0.00%
21	a2dcdf323a8a576408f62604b17a8a52	12,577,116	-	0.00%
22	anonymous	11,212,516	-	0.00%
23	yun-bts	10,962,754	-	0.00%
24	mr-wang	10,775,961	2,419,002.00	28.95%
25	evan	10,659,692	-	0.00%
26	brother-john	9,312,086	-	0.00%
27	getch-bts	9,000,000	-	0.00%
28	enki	8,717,039	-488,609.00	-5.31%
29	ibilitlan-scoltock	8,673,958	-	0.00%
30	gate-io-bts66	8,512,299	-564,772.00	-6.22%
31	virtual-ventures	8,353,475	-800,010.00	-8.74%
32	graphene2015	8,110,428	-	0.00%
33	onceuponatime	8,064,607	77,728.00	0.97%
34	roje	8,040,409	-	0.00%
35	cievia-waugaman	7,990,214	-	0.00%
36	bts-subscribe	7,765,680	-40,091.00	-0.51%
37	invictus	7,494,364	-	0.00%
38	jiny2	7,438,984	-	0.00%
39	haeassa-granovsky	7,431,931	-	0.00%
40	blocktrades	7,145,929	2,187,246.00	44.11%
41	committee-usdoperator	6,879,547	312,550.66	4.76%
42	cass	6,737,585	-	0.00%
43	aleks	6,669,655	407,820.71	6.51%
44	tyrone-shoelaces	6,615,913	-	0.00%
45	abinia-rivard	6,550,563	-	0.00%
46	keebler-kahn	6,500,770	-	0.00%
47	tsuratsura-3557	6,395,199	-	0.00%
48	bts-morning	6,163,544	-	0.00%
49	yoyow.team	6,000,002	-	0.00%
50	bristolbay	5,798,460	0.15	0.00%
51	fericia-brick	5,766,623	-	0.00%
52	btszhqxf	5,734,712	-	0.00%
53	spring	5,560,779	-	0.00%
54	cadord-ozois	5,423,173	-	0.00%
55	storj	5,366,573	-	0.00%
56	xhunter	5,192,094	-	0.00%
57	jeraud-kanze	5,172,698	-	0.00%
58	bitcoinindonesia	5,047,820	62,186.00	1.25%
59	geravia-mackinnon	4,777,691	-	0.00%
60	zy360	4,770,944	200,379.00	4.38%
61	hongcaibao1	4,651,570	-299,941.50	-6.06%
62	ld636433	4,453,168	-292,313.00	-6.16%
63	ev-ev	4,449,675	1,216,931.10	37.64%
64	bitlion	4,352,190	191,091.20	4.59%
65	xgqing	4,351,903	-	0.00%
66	btsxzzh2	4,348,432	-	0.00%
67	workers.bitshares.foundation	4,309,690	-11,398.00	-0.26%
68	facem	4,256,804	159,501.88	3.89%
69	quonael-lievesley	4,087,235	-	0.00%
70	wjlsf	4,012,171	3,012,171.00	301.22%
71	coldstorage1	4,000,000	-	0.00%
72	oh-bts	4,000,000	-	0.00%
73	super-bts	3,999,990	-	0.00%
74	slim	3,938,098	-	0.00%
75	wesley-waugaman	3,921,027	-	0.00%
76	serg	3,865,004	-	0.00%
77	cai8108	3,827,436	1,098,153.87	40.24%
78	echo1	3,690,471	2,690,471.00	269.05%
79	ptschina	3,654,436	63,687.00	1.77%
80	teiva	3,463,248	-	0.00%
81	random123	3,304,640	-	0.00%
82	qt6862	3,286,803	233,465.00	7.65%
83	bafohald-degeorge	3,189,866	-	0.00%
84	scottmclane	3,177,116	-	0.00%
85	makkiavelli1977	3,153,587	-	0.00%
86	bilbo-baggins	3,151,030	-	0.00%
87	lao-wallet	3,140,242	-	0.00%
88	bts1998	3,114,583	-	0.00%
89	mtblock-io	3,114,458	-	0.00%
90	yinchg	3,113,265	-	0.00%
91	livecoin-net	3,097,718	4,022.00	0.13%
92	austintexas11	3,045,249	-	0.00%
93	goodc0re	3,024,484	-	0.00%
94	null-account	3,013,497	-	0.00%
95	mcxcwbts	3,000,686	-	0.00%
96	macley	3,000,038	2,000,037.80	200.00%
97	billion-hero-prize	3,000,000	-	0.00%
98	roland.sun	2,923,130	-	0.00%
99	rwh-9164	2,920,129	-	0.00%
100	erv6hesp	2,865,920	12,875.44	0.45%

Thanks for viewing :)

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I hope you enjoyed this report! :)

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