Bitshares - State of the Network - 24th October 2017

Welcome to the 58th 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 - 24th October 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.

• The BitShares Team has released an updated version of BitShares-Core (2.0.171019). This update is to address issue #433; a bug where a new asset was created and the fee wasn't paid in CORE assets. You can find the new release on github HERE

• The BitShares Blockchain Foundation initiates the ‘Blockchain Academy Project’ which aims to provide the BitShares Testnet to students for educational purposes. Saxion University of Applied Sciences in the Netherlands is the first university to team up with the BitShares Blockchain Foundation to participate in the project which aims to familiarize students with the possibilities of the BitShares Blockchain. You can find more information HERE

• Ronny Boesing (CEO of OpenLedger) has announced plans for further development of specific features on the Bitshares network and is asking for the communities help to determine which features should have priority. The proposed features are 1) Implementing a virtual machine (like Ethereum’s’ Virtual Machine) into Graphene, 2) Implementation of the Atomic Swap mechanism, 3) Creation of Fee Backed Asset and 4) Trustless (decentralized) BTC gateway. Voting closes on the 9th of November. You can view the whole proposal and cast your vote HERE

• The BitUniverse team have released a new version of their 'Bitshares Wallet & Trade' mobile app (v 1.2.0.12). You can find the announcement HERE or find the wallet on the app store HERE

• OpenLedger and MVP Asia Pacific have teamed up with Holy Angel University to Create Blockchain Innovation Lab. Ronny Boesing (CEO of OpenLedger) said “The announcement today of the inclusion of Blockchain and Cryptocurrency to the 2018 HAU curriculum will enable MVP and OpenLedger to stay at the forefront of legal and technical advancements in these rapidly evolving industries”. You can find more information HERE

• @kencode has released his ‘The Agorise Report’ which includes updates from all the project he is working on including Stealth, Ledger Nano S, Graphenej, Mobile wallets and Point Of Sale systems. You can find his full report HERE

• The OpenLedger team has announced the following: ‘OpenLedger is growing rapidly, and over at our R&D OpenLedger branch office in Minsk, Belarus, the staff is increasing weekly. In order to prepare for the future, October 1st of this year we moved into a new business environment, covering the top two floors of a business with 6 floors, which will allow us to host up to 200 team members. So far, we have 60 employees in this office. The beauty is that we now own the offices we use, adding extra weight to our future endeavours.’

• Joel and Travis from 'The BAD Crypto Podcast' have entered the top referrer’s this week hitting 535 referrals, They are also the issuer of BADCOIN, which they are distributing to their listeners, Great job Guys!.

• @estefantt has released the latest composition of the BIT20 index fund. Bit20 runs an algorithm that creates its new composition. By this process, it always includes the most promising coins. You can find more information on this week composition HERE

• PSA: PoloniEX's Bitshares wallet is 'poloniexwallet' NOT 'poloniex'. There are warnings built into the Bitshares wallets regarding this account but it seems the last couple of weeks has seen some users who attempted to transfers BTS from Bittrex to PoloniEX accidently transfer their BTS to this name squatter. As a result the fake 'poloniex' account now controls over 2 Million Bitshares and has reached the Top 100 BTS holder list.

• This week’s Bitshares hangout recording has been published and is available HERE

• Current registered wallets/accounts within the Bitshares network is 447984; an increase of 6623 wallets/accounts since last week

• The last asset registered this week is asset #2274 and it is named 'DOGCOIN' registered by 'mp3michael' with the description 'DogCoin is the coin for dog lovers of all breeds. Visit FunCoins.org for how to collect DogCoins'.

Smartcoin issuance chart showing weekly change since the start of 2017

How the BitShares blockchain compares to other blockchains

Bitshares Wallet & Trade mobile app by BitUniverse

New OpenLedger R&D office under construction in Minsk, Belarus

Stan Larimer, Michael Taggart and Toni Lane - What is Cryptocurrency Part 1

Stan Larimer, Michael Taggart and Toni Lane - What is Cryptocurrency Part 2

Have you claimed your FREE coins!?!, If not I highly recommend that you get signed up to the Billion Hero Campaign! These coins will be used in the Billion Hero Campaign and potentially be quite valuable in the future (No such thing as free lunch does not apply in Crypto - Fair distribution at any cost is the name of the game); at the moment you can get notified on the project and claim your share of the FREE coins at no cost - Click HERE and selected 'Get Notified' to claim your free coins

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	2,600,940,732	301,863.00	0.01%
BTS Stealth	287,368	-	0.00%
BTS in Open Orders (DEX - T250)	6323468.83	-413,201.50	-3.88%
Reserve Pool	999,631,832	-301,675.00	-0.03%
RP Accumulated fees	190,746	75,145.00	55.68%
Collateral (top 250) backing Smartcoins	422550563	-4,489,404.00	-1.10%
Top 100 Total	1,253,147,347	-23,351,715.00	-1.60%
Top 100 - minus Exchanges	445,075,365	16,436,809.00	3.98%
Exchanges	808,071,982	-39,788,524.00	-3.81%
Non Exchanges	1,792,868,750	40,090,387.00	2.58%

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	0.00000965	0.05329603	32,010,178.14	1,706,015.48	74.6%	-57.8%
CNY	0.3502	0.05	10,913,622.84	575,534.31	25.4%	-80.5%
USD	0.0629414	0.0629414	295.35	18.59	0.1%

Worker Proposals

This section will identify the current approved and pending worker proposals

Active Worker:

• Alfredo Garcia - Core Development for Second half of 2017
• 201708-bitsharesui
• 201710-spokesperson
• Refund400k

Proposed Worker

• 201710-compliance
• 201709-steemfest
• 201707-bsip18
• Soledger - Vikram/Agent86 - Project administration & essential maintenance
• Fund to pay dividend

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, Open.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	2,600,940,732	0.05302507	2,600,940,732	$137,915,064.38	0.012%
BTS Stealth	287,368	0.05302507	287,368	$15,237.71	0.000%
Reserve Pool	999,631,832	0.05302507	999,631,832	$53,005,547.87	-0.030%
Accumulated fees	190,746	0.05302507	190,746	$10,114.32	65.004%
BitUSD	3,254,376	18.9	61,507,706	$3,254,376.00	3.553%
BitCNY	41,026,568	2.84	116,515,453	$6,178,240.06	-1.982%
BitEUR	59,601	22.25	1,326,122	$70,317.73	-9.798%
BitBTC	45.8	104,051	4,765,536	$252,692.87	-2.966%
BitGold	90	24086	2,167,740	$114,944.57	0.000%
BitSilver	8,820	320.79	2,829,368	$150,027.43	0.000%
Ruble	1,802,474	0.327	589,409	$31,253.45	2.195%
HERO	862	3,000	2,586,000	$137,122.83	0.349%

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	5276	85
btsabc	4207	155
compumatrix1	2392	7
sdr	2087	155
digital-nomad	2065	103
jianjolly-0	1743	0
stormheart	1145	0
bituniverse	1000	131
cryptofresh	936	20
ebit	740	17
fav	672	16
cryptocurrency3	577	4
bcp2017	535	335

Vote Proxies

This section will track the change in proxy voting

Account	Opinions	Followers	Weight (M)	Weight Change (M)
xeroc	31	215	220.7	4.5
bitcrab	66	68	211.8	1.3
baozi	23	67	72	-3.4
fav	22	105	40.8	0.6
laomao	35	4	33.5	-0.7
abit	41	467	17.6	0.3
bitshares-munich-wallet	19	23	14.8	0
blckchnd	22	651	12.3	-0.4
btsabc	58	69	10.3	-1.8
openledgerdc	36	21	9.5	-0.7

Committee Members

This section will track shareholder approval of committee members

Account	Votes (M)	Votes Change (M)
bitcrab	716	-27.7
abit	672.8	-39.8
bhuz	654.1	-33.4
xeroc	628.1	-35.6
witness.still	602	-28.5
bunkerchainlabs-com	592	-37.4
clayop	558.5	-52.7
openledgerdc	439	-31.4
ebit	385.4	-39.2
chris4210	379	-48.9
fav	317.5	-2.5

Active Witnesses

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

Rank	Witness	Votes	Missed	Missed W/W
1	in.abit 1.6.35	743.2	705
2	verbaltech2 1.6.34	737.8	1689
3	fox 1.6.16	736.4	3608	245
4	wackou 1.6.18	712.4	1809	2
5	rnglab 1.6.45	673.2	1905	2
6	bhuz 1.6.17	670.7	1564
7	witness.yao 1.6.71	669.8	3550
8	roelandp 1.6.74	668.2	27
9	blckchnd 1.6.75	663.5	646	14
10	witness.still 1.6.69	658.1	9098	1
11	sahkan-bitshares 1.6.73	645.8	843
12	xn-delegate 1.6.59	641.2	2816
13	elmato 1.6.20	582.2	4265	6
14	delegate-1.lafona 1.6.28	560.7	2798	1213
15	openledger-dc 1.6.76	560	576	6
16	crazybit 1.6.84	557.8	89	5
17	xeldal 1.6.22	554.7	2251	3
18	delegate.baozi 1.6.37	464.2	1469	3
19	xman 1.6.64	443.2	1638
20	delegate.freedom 1.6.63	402.8	4859
21	mr.agsexplorer 1.6.24	396.3	5725
22	delegate.ihashfury 1.6.26	392.5	869
23	delegate-clayop 1.6.27	321.9	4842
24	cyrano 1.6.21	311.6	3539
25	harvey-xts 1.6.23	311.5	5809

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(inc orders)	Orders	Change W/W	Change W/W %
1	poloniexwallet	245,359,238	0	-512,624.00	-0.21%
2	poloniexcoldstorage	230,001,204	0	-	0.00%
3	bitcc-bts-cold	139,192,927	0	-	0.00%
4	bittrex-deposit	77,174,711	0	-16,811,080.00	-17.89%
5	btschbtc	38,000,989	0	-	0.00%
6	yun-bts	33,394,594	0	-738,046.00	-2.16%
7	jubi-bts	26,048,693	0	-191,460.00	-0.73%
8	bts-scotter	17,169,714	0	16,630,203.00	3082.46%
9	stan	15,217,620	0	-	0.00%
10	btercom	13,049,112	0	-	0.00%
11	echocold1	12,847,656	0	-	0.00%
12	aloha	12,109,353	0	-8,130,917.00	-40.17%
13	evan	10,659,692	0	-	0.00%
14	jy2017	9,750,520	0	-	0.00%
15	getch-bts	9,533,359	0	-	0.00%
16	virtual-ventures	9,318,078	0	-	0.00%
17	bitcoinindonesia	9,158,862	0	540,694.00	6.27%
18	roje	8,850,419	0	-	0.00%
19	alexna64	8,683,717	0	2,294,590.00	35.91%
20	ibilitlan-scoltock	8,673,958	0	-	0.00%
21	cievia-waugaman	7,990,213	0	-	0.00%
22	graphene2015	7,744,451	0	-	0.00%
23	invictus	7,494,364	0	-	0.00%
24	jiny2	7,438,984	0	-	0.00%
25	haeassa-granovsky	7,431,931	0	-	0.00%
26	cass	7,000,000	0	-	0.00%
27	abinia-rivard	6,550,563	0	-	0.00%
28	keebler-kahn	6,500,770	0	-	0.00%
29	tyrone-shoelaces	5,812,090	0	-	0.00%
30	fericia-brick	5,766,623	0	-	0.00%
31	btszhqxf	5,734,712	0	-	0.00%
32	yoyow.team	5,579,150	0	-	0.00%
33	spring	5,482,704	0	117,229.00	2.18%
34	hnnr8	5,460,997	0	-	0.00%
35	linhan	5,425,095	0	-	0.00%
36	storj	5,424,670	300000	-	0.00%
37	cadord-ozois	5,423,173	0	-	0.00%
38	xhunter	5,192,094	0	-	0.00%
39	jeraud-kanze	5,172,698	0	-	0.00%
40	a2dcdf323a8a576408f62604b17a8a52	5,157,109	0	850,362.00	19.74%
41	brother-john	5,074,573	0	-	0.00%
42	arbor4	5,008,537	0	-	0.00%
43	geravia-mackinnon	4,777,691	0	-	0.00%
44	oh-bts	4,417,085	0	-	0.00%
45	njlzb888	4,404,715	0	-	0.00%
46	xgqing	4,351,903	0	-	0.00%
47	btsabc-lclouis326	4,349,456	0	1,741,255.00	66.76%
48	btsxzzh2	4,348,432	0	-	0.00%
49	synergy3	4,256,729	0	-	0.00%
50	tsuratsura-3557	4,243,584	85	-1.00	0.00%
51	quonael-lievesley	4,087,235	0	-	0.00%
52	slim	4,057,640	0	-	0.00%
53	coldstorage1	4,000,000	0	-	0.00%
54	super-bts	3,999,990	0	-	0.00%
55	wesley-waugaman	3,921,027	0	-	0.00%
56	serg	3,867,349	0	-	0.00%
57	bts-morning	3,783,941	0	-1,453,651.00	-27.75%
58	goodc0re	3,778,207	0	-380.00	-0.01%
59	wjlsf	3,760,965	380	1,060,081.00	39.25%
60	denkhaus	3,677,443	28002	83,780.00	2.33%
61	livecoin-net	3,556,778	0	189,118.00	5.62%
62	jackkang	3,482,938	0	-	0.00%
63	enki	3,424,152	0	-270,137.00	-7.31%
64	codinat	3,405,001	0	-	0.00%
65	laplap5	3,341,271	0	-	0.00%
66	jaehyuk	3,227,053	0	-	0.00%
67	chbts	3,223,500	0	985,894.00	44.06%
68	bafohald-degeorge	3,189,866	0	-	0.00%
69	scottmclane	3,177,116	0	-10.00	0.00%
70	wind-flower	3,174,192	0	-	0.00%
71	bilbo-baggins	3,149,357	0	-	0.00%
72	lao-wallet	3,140,242	28739	-	0.00%
73	ags	3,100,919	0	-	0.00%
74	null-account	3,011,947	0	-	0.00%
75	billion-hero-prize	3,000,000	0	-	0.00%
76	tel-911	2,909,136	0	-	0.00%
77	kryptobeast07	2,849,980	0	-	0.00%
78	koocaa	2,781,355	0	-	0.00%
79	exxbts	2,753,385	0	1,753,385.00	175.34%
80	roland.sun	2,733,575	0	-	0.00%
81	random123	2,700,607	0	713,094.00	35.88%
82	bitcc-bts	2,627,014	0	-7,234,954.00	-73.36%
83	hardfork2	2,545,413	0	-	0.00%
84	satoshi-pie	2,541,024	0	-	0.00%
85	chainsquad	2,528,014	0	-	0.00%
86	thread	2,526,068	0	-	0.00%
87	f8899	2,514,509	0	-	0.00%
88	hodor	2,509,880	0	-	0.00%
89	dark-angel	2,505,777	0	-	0.00%
90	mybak	2,502,824	0	-	0.00%
91	wys	2,442,437	0	-	0.00%
92	bitspark-zephyr	2,436,064	0	97,331.00	4.16%
93	dev.bitsharesblocks	2,419,672	0	-	0.00%
94	spook	2,296,849	663285	-	0.00%
95	tong-xin	2,277,893	0	-500,000.00	-18.00%
96	poloniex	2,233,235	0	1,046.00	0.05%
97	nana-roseannadana	2,209,986	0	-	0.00%
98	yvg1900	2,201,037	0	-	0.00%
99	kedaliwin-tefft	2,192,433	0	-	0.00%
100	talos	2,161,539	0	-	0.00%

Thanks for viewing :)

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