Bitshares - State of the Network - 17th July 2018

Welcome to the 92nd 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 - 17th 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.

• Liquidity on the Bitshares DEX has seen a good increase in the last two weeks with last week seeing a 30% increase and this week seeing a 7.6% increase

• Spring BTS Fund is launching on Bitshares. 'Spring BTS Fund is a BTS interior fund jointly initiated by Waterdrip Capital and Ivy Capital. Fund token issuance, subscription, management, and all other operations are carried out on the decentralized exchange and the asset management platform, BitShares. The fund accounts are jointly managed by the two Capital via multiple signatures. All operations are open and transparent.' - Full detailed HERE

• kibana.bitshares.eu is a new tool that allows anyone to create visual representations of historical Bitshares blockchain data. It also has a creatively titled 'TimeLion' which allows you to use a master expression to display data from multiple data sources using an elasticsearch mechanism (sound confusing - we are all in luck as there is a tutorial baked into the platform). Check out the new tool at kibana.bitshares.eu or check out some examples HERE

• @clockwork has released a post on Bitshares Fees, Fee schedule and Profitability of the DEX. The report concludes that > 85% of the revenue of the DEX comes from non-trading activities. See all the details HERE

• @Stan Larimer has had a reunion with Kevin Harrington of Shark Tank fame at Freedom Fest on Friday the 13th, where the pair attended a live stream with Crypto Connie from Blue Rock Talk - source

• The Blocktivity.info developer has announced his intention to open source the platform. Blocktivity is a great tool and its purpose is to clearly display important information, data and metrics about the blockchains. No hype, no FUD, just the raw material to take good decisions when investing. - source

• CVcoin(CVN) is being listed on HitBTC exchange on Monday, 16th July 2018 - 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 1035538; an increase of 4700 wallets/accounts since last week

Smartcoin issuance chart showing weekly change since the start of 2017

Number of accounts holding BTS (off exchanges)

Percentage of operation types seen on the Bitshares network - created with kibana.bitshares.eu - source

CVcoin(CVN) on HitBTC exchange - 16th July 2018 - source

Waterdrip Capital team - source

Beyond Bitcoin - Bitshares Talk - 14th July 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.

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 CNY, SPRING and Bridge.BTC

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

Committee Members

This section will track shareholder approval of committee members

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 :)

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.