Bitshares - State of the Network - 10th July 2017

Welcome to the 91st 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 - 10th July 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.

• BitUSD still worth 1 US Dollar.

• Bitshares has taken the blocktivity poll position this week setting a new record of 5.56 Million operations within a 24 hour period. Meaning the Bitshares MAINNET was processing and average of 64 TPS over a 24 hour period! Over a 7 day period Bitshares accounts for 57.9% of all transactions being monitored by blocktivity

• Dan Notestein of blocktrades.us will be speaking at BitFest Amsterdam! - source

• Spark's Sendy 2.0(Beta) has been released on Google Play store this week. Sendy is a financial freedom App for the unbanked using crypto. This journey began in 2014 having conduced the world's first cash in, cash out money transfer with Bitcoin. Sendy's purpose is to enable anyone world wide to send, receive and earn money all from one App. - source

• OpenLedger has released an update to their UI/UX this week assing depth charts to their dashboard, upgraded charts, gateway status labels and tooltips. More information HERE

• @Bitfest has released the current list of speakers and panel attendees in the latest update. 'following persons will speak or join a panel at BitFest (in alphabetical order): Alfredo Garcia, Annemieke Dirkes, Branislav Zelenak, Cédric Cobban, Christoph Hering, Damir Nedžibović, Dan Notestein, Dr. Ing. Fabian Schuh, John Jones, Michel Santos, Peter Conrad, Ronald Kramer RA, Ryan R. Fox, and Dr. Stefan Schießl. As you may understand, this list will continue to grow over the coming weeks, adding more and more inspiring people.' - 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 1030838; an increase of 10860 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

Dan Notestein (@blocktrades) speaking at BitFest Amsterdam!

Spark's Sendy 2.0(Beta) Released on Google Play store - source

Buy beer using BitCNY in China - source

Beyond Bitcoin - Bitshares Talk - 7th 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.

Distribution	Balance	Change W/W	Change W/W %
BTS Supply	2,640,324,345	2,283,597.00	0.09%
BTS Stealth	285,007	7.00	0.00%
BTS in Open Orders (DEX - T250)	10,960,850	3,397,942.00	30.55%
Reserve Pool	960248809	-2,283,597.00	-0.23%
Collateral (top 250) backing Smartcoins	388,730,115	5,904,647.00	1.54%
Top 100 Total	1,455,443,596	-6,383,211.59	-0.43%
Top 100 - minus Exchanges	660,596,458	3,000,472.41	0.45%
Exchanges	794,847,138	-9,383,684.00	-1.15%
Non Exchanges	1,845,477,207	11,667,281.00	0.64%

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, GDEX.BTC and GDEX.ETH

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

Account	Opinions	Followers	Weight (M)	Weight Change (M)
xeroc	66	213	136.6	0
openledger	53	10810	128.6	-9.2
bitcrab	105	115	111.9	3.5
michaelx	57	133	75.6	0
still	127	328	48.5	3.2
baozi	27	57	40	0
abit	69	718	26.5	-0.4
blckchnd	56	1564	22.9	-3.5
fav	40	166	21.6	0.1
bitshareseurope	0	456	19.9	8.1

Committee Members

This section will track shareholder approval of committee members

Account	Votes (M)	Votes Change (M)
bitcrab	714.2	0.4
abit	603.5	-7
bhuz	583.7	-15
jademont	583.1	89.7
clockwork	581	51.5
witness.still	463	20.5
openledgerdc	461.9	(https://cdn-payscale.com/images/researchcenter/delta-green.png) 5.1
xeroc	440.8	(https://cdn-payscale.com/images/researchcenter/delta-red.png) -3.1
ebit	439	(https://cdn-payscale.com/images/researchcenter/delta-green.png) 16.7
bunkerchainlabs-com	428	(https://cdn-payscale.com/images/researchcenter/delta-green.png) 32.9
fav	396.2	(https://cdn-payscale.com/images/researchcenter/delta-green.png) 28.5

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