Bitshares - State of the Network - 29th May 2018

Welcome to the 85th 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 - 29th May 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. * @Stan has visited Guiyang China to attend the International Big Data Expo 2018 and also been televised on Chinese National TV. You can find more information about the event HERE and the transcript of the television speech HERE

• Tradingview charts have been integrated into the Bitshares reference wallet allowing traders a full suite of tools and indicators for all their favourite Bitshares markets!. More information HERE

• Spark has announced the launch of the closed beta for 'Sendy', Spark's crypto powered remittance app. Spark's Sendy App has been available in the Google Play store since late 2017. The Spark team has been working on a redesign which will be launched in replacement of the existing app as outlined in their roadmap. Find more information HERE

• A new Bitshares block explorer has been released from @blockchain-de. The new Block explorer Bitshares-scaner.org was announced in a recent steemit post which can be found HERE

• Eristica The global decentralized platform of personal and mass challenges has released a sneak peak of their version 4.0 in their latest development update. The blog post covers new features, appointment of an independent app review team, new on boarding process and some new advisors, @Michaelx and @Stan Larimer. Read the update HERE

• @Michaelx has published an introduction to the TRUSTY.FUND Smart Wallet. The article outlines some of the features of the smart wallet and how to make best use of its investment options. More info 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 971861; an increase of 44659 wallets/accounts since last week

Smartcoin issuance chart showing weekly change since the start of 2017

Number of accounts holding BTS (off exchanges)

Wallet.Bitshares.org Tradingview integration

Sendy Closed Beta Available Now! - source

Stan Larimer at the International Big Data Expo 2018 in Guiyang China - source

A new Bitshares Block Explorer - Bitshares-scaner.org - 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	2,628,623,344	1,991,187.00	0.08%
BTS Stealth	285,085	11.00	0.00%
BTS in Open Orders (DEX - T250)	10570330	-167,488.00	-1.51%
Reserve Pool	971949810	-1,991,187.00	-0.20%
RP Accumulated fees	37401	-	0.00%
Collateral (top 250) backing Smartcoins	399275391	-4,447,931.00	-1.16%
Top 100 Total	1,458,900,513	-11,772,636.22	-0.79%
Top 100 - minus Exchanges	666,790,594	3,504,896.78	0.53%
Exchanges	792,109,919	-15,277,533.00	-1.87%
Non Exchanges	1,836,513,425	17,268,720.00	0.95%

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, 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	2,628,623,344	0.189	497,905,159	$497,905,159.36	0.076%
BTS Stealth	285,085	0.189	54,000	$53,999.86	0.004%
Reserve Pool	971,949,810	0.189	184,103,526	$184,103,525.58	-0.204%
Accumulated fees	37,401	0.189	7,084	$7,084.37	0.000%
BitUSD	13,128,879	5.25	68,926,615	$13,055,851.91	-10.451%
BitCNY	210,289,157	0.817	171,806,241	$32,542,971.26	-10.910%
BitEUR	115,384	6.1	703,842	$133,319.50	2.235%
BitBTC	51	37,567	1,915,917	$362,906.68	-1.734%
BitGold	189.5	6,851	1,298,265	$245,912.98	0.000%
BitSilver	21,764	87.1	1,895,644	$359,066.71	-0.014%
Ruble	7,536,198	0.084	633,041	$119,908.47	-6.647%
HERO	973	860	836,780	$158,500.11	-2.505%

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)
bitcrab	90	116	139.3	-19.6
xeroc	61	214	137	-0.1
openledger	56	10987	89	-18.2
michaelx	56	118	80.4	4
bitshareseurope	0	452	59.5	13.1
still	130	331	43.3	2.2
blckchnd	57	1581	34.7	0.4
abit	71	734	26.6	0.1
fav	40	169	23.4	-0.3
blockchain-bv	0	3	11.5	0

Committee Members

This section will track shareholder approval of committee members

Account	Votes (M)	Votes Change (M)
bitcrab	683.8	-47.4
abit	573.4	-39.5
bhuz	554.3	-52.9
clockwork	501	-54.4
xeroc	462.6	-35.8
jademont	453.4	-15
openledgerdc	417.3	(https://cdn-payscale.com/images/researchcenter/delta-red.png) -42.6
bunkerchainlabs-com	413.2	(https://cdn-payscale.com/images/researchcenter/delta-red.png) -30.7
witness.still	402.5	(https://cdn-payscale.com/images/researchcenter/delta-red.png) -24.6
ebit	383.5	(https://cdn-payscale.com/images/researchcenter/delta-red.png) -36.4
chris4210	341.5	(https://cdn-payscale.com/images/researchcenter/delta-red.png) -47

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