Bitshares - State of the Network - 16th October 2018

Welcome to the 105th 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 - 16th October 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.

• Bittrex has advised that on the 5th of November 2018, they are retiring their Bitshares (BTS)wallet. BTS has not been trading on Bittrex over the last year but looking at Cryptofresh shows that Bittrex still holds 14 Million BTS.. If you have BTS on Bittrex withdraw them before 5th November. - source

• The team at OpenLedger have presented a new project for the BitShares community, BitShareScan; a BitShares blockchain explorer. BitShareScan provides you with information about transactions, users, and assets of the BitShares blockchain. The dynamic search options let you conveniently get the data about transactions, accounts, and tokens, monitor the latest activities, and blockchain changes. More information HERE

• azex.io is about to support bitCNY as base currency on the exchange, following cointiger thinkbit and rightbtc. Besides, bitCNY can also be purchased from aex-global.com and zb.com, through bitCNY/CNC and bitCNY/QC trading pair. More information HERE

• George Harrap has published an article on adding margin trading and lending to Bitshares DEX and is looking for feedback. More information HERE

• Maxine Ryan (COO and Co-founder of Spark) has done an interview with LAB Radio talking about her career, Spark, SparkDEX, Sendy and Bitshares. Great interview available 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 1101899; an increase of 4459 wallets/accounts since last week

Smartcoin issuance chart showing weekly change since the start of 2017

Number of accounts holding BTS (off exchanges)

BitshareScan Block Explorer from OpenLedger - source

Great turn out for Spark's 'Stablecoins - Beyond the Whitepaper' event - source

DPOS leading the chart in terms of Transaction Per Second (TPS) on mainnet networks

Beyond Bitcoin - Bitshares Talk - 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.

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.

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 Escodex.BTC, CNY and Escodex.LGS

Smartcoins

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

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.

Vote Proxies

This section will track the change in proxy voting

Active Witnesses

This section will track top 30 active witnesses and the changes in support

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

Thanks for viewing :)

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