Welcome to the 54th 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 - 26th September 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.
Bitspark are beginning the move their remittance business founded in Hong Kong (2014) to the Bitshares network! <- go read that again.. Bitspark is looking to expand to a global landscape by utilizing the power of Bitshares Smartcoins instead of holding currency and bank accounts in countries where they wish to do business. To start with they will be showcasing their system powered by Bitshares with the Republic of Tajikistan as part of a UN financial inclusion project. Tajikistan is a country in central Asia which has roughly 30-40% of its GDP is derived from international remittances. I highly recommend you listen to George Harrap (CEO and Co-Founder of Bitspark) on this week Bitshares hangout HERE (5:55-34:30) to get a full understanding of the project.
Cryptofresh The Original Bitshares Block Explorer has successfully migrated to new server hardware. In the week prior the previous hardware was being overloaded with the amount of requests hitting the page as well services using the API's. Given the role of this service and needing to monitor all accounts, assets and operation the RAM usage alone was between 30-40 GB. The new hardware is a higher performance machine packed with RAM and is running smoothly for the last week. I would personally like to extend a huge Thank you to @roadscape who has been maintaining this service as a voluntary effort for a large part of 3 years. This service has played a huge role in the eco-system and it is still the go to explorer for the Bitshares network
BitShares DEX-Based SEC-Compliant Tokens & Exchange - @stan Larimer has announced a final summer bombshell - a 100% compliant exchange and a growing inventory of security, commodity and other types of tokens that pass SEC scrutiny, built on BitShares, which itself has been deemed a “clean coin” by the Tokens & Exchange Self-Regulating Body”. You can see the full post HERE
The second episode of the Digital Sovereignty Series has been released. This episode features Giselle Koy and Dylan Howard discussing the sovereign hero and it's potential for positive impact on the world. You can view the interview HERE
Maxine Ryan (COO and Co-founder of Bitspark – A remittance company migrating to the Bitshares network) has done an interview with Tai Zen and Leon Fu in relation to their upcoming ICO for Zephyr. This is a great interview that touches on Bitspark in general, reasons why they have chosen Bitshares as their underlying tech, upcoming expansions and the value of the Zephyr token. You can view the interview HERE
With the addition of MUSE and STEEM/SBD this week RuDEX now have gateways for all major Graphene based chains with 0% market fees, supported by blockchains themselves (via witness payments). RuDEX team announced that they plan to start working on something else frequently requested by the community, stay tuned and watch their @rudex account for English announcements. In turn they ask community members to vote for their @blockchained Steem witness.
@cm-steem has updated the price feeds for the HERTZ assets. Hertz is an Algorithm Based Asset (ABA) which is pegged against the USD and modified to oscillate between rising the price feed and decreasing it in a predictable manner, thus we create phases of buying and selling pressure constantly back and forth forever. You can find details of the project and the latest price scripts HERE
Coingate have announced the integration of Bitshares into their payment gateway service; allowing merchants to accept payments via Bitshares (BTS). You can view the announcement HERE
@virtualgrowth is doing a weekly market update and token give away; Check out his post and vote on your favourite asset HERE, if you leave you Bitshares username in the comment you may even be one of the lucky recipients of the token giveaway.
This week’s Bitshares hangout recording has been published and is available HERE
Current registered wallets/accounts within the Bitshares network is 424802; an increase of 8129 wallets/accounts since last week
The last asset registered this week is asset #2028 and it is named 'THEME' registered by 'yip' with no description. It seems Bitshares user 'yip' has been on an asset registering spree in the last week with over 85 assets registered by this account this week.
Smartcoin issuance chart showing weekly change since the start of 2017
BitShares Community in Numbers - Thanks to @ash
Bitspark – Money transfers made easy
One of a Collection of Bitshares info-graphics
@heiditravels - Decentralized Exchanges: The Future for Trading Cryptos
Digital Sovereignty Series 2: Giselle Koy and Dylan Howard
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 | 2,599,781,372 |  353,171.00 | 0.01% |
| BTS Stealth | 269,289 | - | 0.00% |
| BTS in Open Orders (DEX - T250) | 4526914.83 |  -6,115,901.00 | -57.47% |
| Reserve Pool | 1000791459 | -352,984.00 | -0.04% |
| RP Accumulated fees | 117,387 | -17,570.00 | -13.02% |
| Collateral (top 250) backing Smartcoins | 420098855 | 12,919,850.00 | 3.17% |
| Top 100 Total | 1,386,668,446 | -69,604,620.00 | -4.78% |
| Top 100 - minus Exchanges | 437,934,793 | 24,728,019.00 | 5.98% |
| Exchanges | 948,733,653 | -94,332,639.00 | -9.04% |
| Non Exchanges | 1,651,047,719 | 94,685,810.00 | 6.08% |
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 | 0.00002028 | 0.08000587 | 55,810,766.34 | 4,465,189.04 | 64.5% | -62.7% |
| CNY | 0.48432867 | 0.07 | 30,196,868.57 | 2,205,436.57 | 34.9% | -80.8% |
| ETH | 0.000271 | 0.07950172 | 462,338.43 | 36,756.70 | 0.5% | -78.6% |
Worker Proposals
This section will identify the current approved and pending worker proposals
Active Worker:
- 201708-bitsharesui
- Alfredo Garcia - Core Development for Second half of 2017
- 201707-bsip18
- 201709-steemfest
- Refund400k
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, Open.BTC and PPY
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 | 2,599,781,372 | 0.07770364 | 2,599,781,372 | $202,012,475.81 | 0.014% |
| BTS Stealth | 269,289 | 0.07770364 | 269,289 | $20,924.74 | 0.000% |
| Reserve Pool | 1,000,791,459 | 0.07770364 | 1,000,791,459 | $77,765,139.25 | -0.035% |
| Accumulated fees | 117,387 | 0.07770364 | 117,387 | $9,121.40 | -13.019% |
| BitUSD | 3,143,028 | 12.6 | 39,602,153 | $3,143,028.00 | 1.479% |
| BitCNY | 57,399,085 | 1.91 | 109,632,252 | $8,518,825.07 | 4.098% |
| BitEUR | 79,172 | 14.84 | 1,174,912 | $91,294.98 | -0.093% |
| BitBTC | 49.6 | 49,334 | 2,446,966 | $190,138.20 | -1.195% |
| BitGold | 90 | 14835.42334 | 1,335,188 | $103,748.98 | 0.000% |
| BitSilver | 8,820 | 195.2691777 | 1,722,274 | $133,826.97 | 0.000% |
| Ruble | 1,850,731 | 0.219 | 405,310 | $31,494.07 | 22.486% |
| HERO | 1,184 | 1,990 | 2,356,160 | $183,082.21 | 0.766% |
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 | 5001 | 258 |
| btsabc | 3787 | 561 |
| compumatrix1 | 2381 | 0 |
| sdr | 1756 | 259 |
| jianjolly-0 | 1742 | 0 |
| digital-nomad | 1691 | 102 |
| stormheart | 1145 | 0 |
| cryptofresh | 833 | 29 |
| ebit | 650 | 179 |
| fav | 572 | 8 |
| cryptocurrency3 | 549 | 6 |
| openledger | 527 | 0 |
| gn1 | 459 | 10 |
Vote Proxies
This section will track the change in proxy voting
| Account | Opinions | Followers | Weight (M) | Weight Change (M) |
|---|---|---|---|---|
| bitcrab | 66 | 50 | 274.5 | 25 |
| xeroc | 37 | 196 | 213.7 | -0.6 |
| baozi | 23 | 66 | 65.6 | 0 |
| laomao | 35 | 4 | 37.9 | 27.5 |
| fav | 22 | 98 | 37 | -4.4 |
| bitshares-munich-wallet | 17 | 21 | 14.7 | 0.1 |
| abit | 40 | 452 | 14.3 | -0.1 |
| dahu | 24 | 3 | 8.7 | 0.2 |
| blckchnd | 23 | 441 | 8.6 | 0.9 |
| btsabc | 58 | 60 | 8.4 | 0.5 |
Committee Members
This section will track shareholder approval of committee members
| Account | Votes (M) | Votes Change (M) |
|---|---|---|
| bitcrab | 743.7 | 67.6 |
| abit | 712.6 | 63.2 |
| bhuz | 687.5 | 68.7 |
| xeroc | 663.7 | 26.2 |
| witness.still | 630.5 | 29.7 |
| bunkerchainlabs-com | 629.4 | 20.8 |
| clayop | 611.2 | 62.5 |
| openledgerdc | 470.4 | 25.7 |
| chris4210 | 427.6 | 25.8 |
| ebit | 424.9 | 29.6 |
| harvey-xts | 342 | 59.6 |
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 | 782.3 | 705 | 2 |
| 2 | fox 1.6.16 | 778.5 | 3360 | |
| 3 | verbaltech2 1.6.34 | 774.5 | 1682 | 1 |
| 4 | witness.yao 1.6.71 | 710.4 | 3543 | 2 |
| 5 | delegate.baozi 1.6.37 | 709.6 | 1465 | |
| 6 | roelandp 1.6.74 | 709.6 | 27 | 13 |
| 7 | elmato 1.6.20 | 708.4 | 4250 | 77 |
| 8 | bhuz 1.6.17 | 708.2 | 1563 | |
| 9 | openledger-dc 1.6.76 | 702.9 | 514 | 2 |
| 10 | xman 1.6.64 | 702.1 | 1628 | 3 |
| 11 | blckchnd 1.6.75 | 689.9 | 620 | 2 |
| 12 | wackou 1.6.18 | 686.9 | 1803 | |
| 13 | witness.still 1.6.69 | 686.9 | 8935 | 1 |
| 14 | xn-delegate 1.6.59 | 669.2 | 2764 | 1 |
| 15 | rnglab 1.6.45 | 648.7 | 1902 | 9 |
| 16 | sahkan-bitshares 1.6.73 | 632.8 | 825 | 22 |
| 17 | xeldal 1.6.22 | 615.2 | 1878 | |
| 18 | delegate-1.lafona 1.6.28 | 608.5 | 1571 | |
| 19 | delegate.btsnow 1.6.40 | 540.6 | 5486 | |
| 20 | crazybit 1.6.84 | 527 | 80 | |
| 21 | mr.agsexplorer 1.6.24 | 465.2 | 5723 | 3 |
| 22 | delegate.freedom 1.6.63 | 458.4 | 4859 | |
| 23 | delegate.ihashfury 1.6.26 | 435.6 | 869 | |
| 24 | harvey-xts 1.6.23 | 397.3 | 5809 | |
| 25 | abc123 1.6.65 | 393 | 1271 | 1 |
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 | bittrex-deposit | 296,873,928 | 0 | 35,919,683.00 | 13.76% |
| 2 | poloniexcoldstorage | 230,001,204 | 0 | - | 0.00% |
| 3 | poloniexwallet | 157,203,196 | 0 | 41,785,118.00 | 36.20% |
| 4 | bitcc-bts-cold | 75,192,927 | 0 | -1,000,001.00 | -1.31% |
| 5 | btschbtc | 50,000,990 | 0 | - | 0.00% |
| 6 | yun-bts | 37,844,074 | 0 | 27,557,444.00 | 267.90% |
| 7 | chbts | 32,266,859 | 0 | -41,614,866.00 | -56.33% |
| 8 | jubi-bts | 28,837,350 | 0 | -48,671,775.00 | -62.79% |
| 9 | aloha | 20,244,225 | 0 | -3,942.00 | -0.02% |
| 10 | bterdeposit | 17,383,075 | 0 | -3,485,030.00 | -16.70% |
| 11 | stan | 13,939,681 | 0 | - | 0.00% |
| 12 | btercom | 13,049,112 | 0 | - | 0.00% |
| 13 | echocold1 | 12,847,656 | 0 | - | 0.00% |
| 14 | tsuratsura-3557 | 11,577,228 | 126127 | -623,443.00 | -5.11% |
| 15 | evan | 10,659,692 | 0 | - | 0.00% |
| 16 | tom-bitshare | 10,266,039 | 0 | 701,796.00 | 7.34% |
| 17 | getch-bts | 9,533,359 | 0 | - | 0.00% |
| 18 | cass | 9,494,918 | 0 | 45,000.00 | 0.48% |
| 19 | virtual-ventures | 9,318,078 | 0 | - | 0.00% |
| 20 | roje | 8,850,419 | 0 | - | 0.00% |
| 21 | ibilitlan-scoltock | 8,673,958 | 0 | - | 0.00% |
| 22 | jy2017 | 8,093,234 | 0 | 2,966,653.00 | 57.87% |
| 23 | cievia-waugaman | 7,990,213 | 0 | - | 0.00% |
| 24 | graphene2015 | 7,744,451 | 0 | - | 0.00% |
| 25 | chsend | 7,494,752 | 0 | 4,179,705.00 | 126.08% |
| 26 | invictus | 7,494,364 | 0 | - | 0.00% |
| 27 | jiny2 | 7,438,984 | 0 | - | 0.00% |
| 28 | haeassa-granovsky | 7,431,931 | 0 | - | 0.00% |
| 29 | bitcoinindonesia | 7,035,376 | 0 | 1,262,889.00 | 21.88% |
| 30 | abinia-rivard | 6,550,563 | 0 | - | 0.00% |
| 31 | keebler-kahn | 6,500,770 | 0 | - | 0.00% |
| 32 | fericia-brick | 5,766,623 | 0 | - | 0.00% |
| 33 | btszhqxf | 5,734,712 | 0 | - | 0.00% |
| 34 | yoyow.team | 5,579,151 | 0 | 284,998.00 | 5.38% |
| 35 | hnnr8 | 5,460,997 | 0 | - | 0.00% |
| 36 | linhan | 5,425,095 | 0 | - | 0.00% |
| 37 | cadord-ozois | 5,423,173 | 0 | - | 0.00% |
| 38 | spring | 5,365,475 | 0 | - | 0.00% |
| 39 | abit | 5,339,633 | 0 | 1,429,842.00 | 36.57% |
| 40 | enki | 5,276,427 | 5596 | 249,948.00 | 4.97% |
| 41 | bts-morning | 5,237,592 | 0 | 3,386,216.00 | 182.90% |
| 42 | xhunter | 5,192,094 | 0 | - | 0.00% |
| 43 | jeraud-kanze | 5,172,698 | 0 | - | 0.00% |
| 44 | brother-john | 5,074,573 | 0 | - | 0.00% |
| 45 | arbor4 | 5,008,537 | 0 | - | 0.00% |
| 46 | geravia-mackinnon | 4,777,691 | 0 | - | 0.00% |
| 47 | abc.btsbots | 4,720,246 | 25000 | 4,673,064.00 | 9904.34% |
| 48 | tyrone-shoelaces | 4,665,298 | 0 | - | 0.00% |
| 49 | oh-bts | 4,417,085 | 0 | - | 0.00% |
| 50 | xgqing | 4,351,903 | 0 | 3,351,903.00 | 335.19% |
| 51 | btsxzzh2 | 4,348,432 | 0 | - | 0.00% |
| 52 | synergy3 | 4,256,729 | 85 | 85.00 | 0.00% |
| 53 | storj | 4,131,950 | 0 | 1,977,970.00 | 91.83% |
| 54 | btsnow | 4,118,780 | 0 | 3,118,780.00 | 311.88% |
| 55 | quonael-lievesley | 4,087,235 | 0 | - | 0.00% |
| 56 | slim | 4,057,640 | 0 | - | 0.00% |
| 57 | coldstorage1 | 4,000,000 | 0 | - | 0.00% |
| 58 | super-bts | 3,999,990 | 0 | - | 0.00% |
| 59 | wesley-waugaman | 3,921,027 | 0 | - | 0.00% |
| 60 | goodc0re | 3,500,955 | 0 | 159,284.00 | 4.77% |
| 61 | jackkang | 3,482,959 | 0 | - | 0.00% |
| 62 | codinat | 3,435,824 | 0 | 1,779,038.00 | 107.38% |
| 63 | laplap5 | 3,341,271 | 0 | - | 0.00% |
| 64 | trans.bot | 3,270,077 | 35453 | 2,853,840.00 | 685.63% |
| 65 | jaehyuk | 3,227,053 | 0 | - | 0.00% |
| 66 | serg | 3,217,455 | 0 | 248,193.00 | 8.36% |
| 67 | bafohald-degeorge | 3,189,866 | 0 | - | 0.00% |
| 68 | scottmclane | 3,177,126 | 0 | - | 0.00% |
| 69 | wind-flower | 3,174,192 | 0 | - | 0.00% |
| 70 | lao-wallet | 3,140,242 | 0 | 139,269.00 | 4.64% |
| 71 | ags | 3,068,077 | 0 | 3,059,337.00 | 35003.86% |
| 72 | blocktrades | 3,042,551 | 6674 | 1,577,543.00 | 107.68% |
| 73 | null-account | 3,011,947 | 0 | - | 0.00% |
| 74 | billion-hero-prize | 3,000,000 | 0 | - | 0.00% |
| 75 | tel-911 | 2,909,136 | 0 | - | 0.00% |
| 76 | wzm1 | 2,885,166 | 0 | - | 0.00% |
| 77 | the-ae | 2,841,214 | 0 | 1,341,214.00 | 89.41% |
| 78 | koocaa | 2,781,355 | 0 | 366,811.00 | 15.19% |
| 79 | tong-xin | 2,777,893 | 0 | - | 0.00% |
| 80 | mybak | 2,702,924 | 0 | - | 0.00% |
| 81 | wys | 2,686,926 | 0 | -452,589.00 | -14.42% |
| 82 | bitcc-bts-withdrawal | 2,586,186 | 0 | -1,209,500.00 | -31.87% |
| 83 | hardfork2 | 2,545,413 | 0 | - | 0.00% |
| 84 | satoshi-pie | 2,541,024 | 0 | - | 0.00% |
| 85 | chainsquad | 2,528,014 | 0 | -1.00 | 0.00% |
| 86 | f8899 | 2,514,509 | 0 | 1,514,509.00 | 151.45% |
| 87 | hodor | 2,509,880 | 0 | - | 0.00% |
| 88 | dark-angel | 2,505,777 | 0 | - | 0.00% |
| 89 | stat-dude | 2,500,045 | 0 | 1,500,045.00 | 150.00% |
| 90 | thread | 2,495,016 | 0 | - | 0.00% |
| 91 | demo.btsbots | 2,481,357 | 720766 | 1,462,713.00 | 143.59% |
| 92 | dev.bitsharesblocks | 2,419,672 | 0 | - | 0.00% |
| 93 | freedom35 | 2,413,417 | 0 | 177,847.00 | 7.96% |
| 94 | roland.sun | 2,411,118 | 0 | - | 0.00% |
| 95 | jogger2 | 2,403,888 | 0 | - | 0.00% |
| 96 | alexna64 | 2,305,224 | 260088 | -983,459.00 | -29.90% |
| 97 | spook | 2,296,849 | 0 | - | 0.00% |
| 98 | nana-roseannadana | 2,209,986 | 0 | - | 0.00% |
| 99 | yvg1900 | 2,201,037 | 0 | - | 0.00% |
| 100 | kedaliwin-tefft | 2,192,433 | 0 | - | 0.00% |
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! :)
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There is a new DEX being built for Thailand based on Bitshares!
https://steemit.com/news/@apasia.tech/fast-efficient-and-scalable-apasia-tech-expanding-rebuilding-bitshares-decentralized-currency-exchange-dex-in-thailand
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thanks it's really worthfull
good to know about it
thanks for sharing
:)
upvoted
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Thanks for the shout out @steempower!
I've just published my next dev steps regarding the hertz asset.
Contents of above post:
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Update: Created HERTZ simulator & calculators
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recapitulates known blockchain technologies and redefines state-of-the-art. ... code base that is used for the BitShares network and has nodes around the globe.
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So much going on in this space. It is amazing.
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I've created a simplified HERTZ intro post:
https://steemit.com/hertz/@cm-steem/what-is-the-hertz-algorithm-based-asset
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I have been following bitshares for a while now, I bought few in April and holding on. Recently I came across a very informative article regarding transaction processing capacity of bitshares :
Few days ago Vitalik Buterin said : "Ethereum is doing five a second. Uber gives 12 rides a second. It will take a couple of years for the blockchain to replace Visa.”
Well, in December 2016, Visa told MyBroadband that VisaNet processes an average of 150 million transaction each day. Source. Say, it's around 1,700 transaction per second on average.
With the latest stress test, which was done 5 months ago, BitShares has proven to sustain successfully about 300 transaction per second on average,
with a peak of more than 3000 transaction per second, which beats PayPal and which is already like 8x to 15x of what Ethereum is able to handle today (there is different data available on how much Ethereum handles but it varies from 5 TPS to 20–40 TPS, and we count the greatest).
So why it is so undervalued despite it has a decentralized exchange!! I think little bit more effort in aggressive marketing campaigns will surely put them in the spot light. I am sure in the long term this project has a bright future.
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Thanks for the comment @rizwan! good to see you have been doing your research.
I am also happy to tell you that the record setting block on the testnet stresstest was created by my witness :)
I think you are right in your conclusion; for a long time Bitshares did not do enough marketing and were just happy pushing the boundaries of the tech. Happy to see more marketing has started occurring now but it is also hard to compete with projects that raise millions of dollars from ICOs and their main focus is on marketing.
That being said Bitshares does have millions of dollars in its reserve pool which could be used for marketing.. we are getting better and their are some current marketing efforts that are gearing up or running at the moment.
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Last week coingate integrated bitshares in their payment gateway . Contrary to some people, I believe that crypto currencies should not just be regarded as tokens or assets, but also should serve a purpose in making everyday payments. And in terms of huge transaction processing speed there is no match for bitshares at the moment and they should capitalized on that .
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Shared on Twitter again for you guys. Keep up the good work.
--
--
https://twitter.com/BarryDutton/status/913079660229136384
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Disclaimer: I am just a bot trying to be helpful.
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Appreciate you sharing the love man :)
Thank you!!
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I do not know everything I want to about the depth of the BTS community, but I know this:
I believe in Larimer, the products, and the community is hard working and the products are so versatile.
You are welcome and TY for the support on my end also.
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Here's why I am buying Bitshares:
Bitspark moving millions of dollars of remittance volume to the Bitshares DEX
Bitshares is a TXSRB clean token
Bitshares is being used to create the STOKENS exchange for issuing and trading SEC-compliant tokens
The Billion HERO Campaign is bringing in huge marketing and media visibility to the Bitshares brand and technology
Bitshares will migrate to EOS when EOS launches
Bitshares is finally upgrading the exchange interface and fixing tons of bugs, they are spending over $150,000.00 USD in the next six months to upgrade the exchange to a world class interface
China is shutting down centralized exchanges; the US and other countries will follow soon. Decentralized exchanges are the future of trading crypto and Bitshares is the No. 1 DEX on the planet by any metric - transactions per second, scalability, security, volume, adoption, speed, number of assets, etc.
Bitshares has been running for over 3 years and has not been hacked
Trading fees are cheap
The community and developers are one of, if not, the best in the world!
Bitshares is my No. 1 crypto investment pick right now. Buying!
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I highly doubt this will happen given how zero BSIPs have been proposed by EOS advocates - one cannot simply propose a merge without serious effort.
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Stan Larimer, who is Dan Larimer's father, says BTS will migrate to EOS. Good enough for me...
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thank you for sharing. makes my newbe ass feel like i might have gotten into a good one! i believe in bitshares!
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Bitshares is a fickle mistress. You have been warned. :)
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Is it weird if I only understand about 25% of the information in this post?
I mean, I try not to be a complete idiot, I've got a BTS wallet some bitshares as well, also have used WhaleShares a couple of times... But still... I'm really baffled at the info overload here. Oh well, I'll just have to dig a little deeper...
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Any particular piece of information that I could help you to understand?
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Thanks for trying to help us regular people out in understanding things. There are a lot of us.
LOL
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Good work mate :) glad to see you ready to jump in and help out!
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Not at all, there is a lot of data there that unless your tracking it and it means something too you (i.e your a witness, referrer, proxy ect) than just looking at it once off will not give you much context.
As a casual investor i would think the most valuable metrics would be the observations, smartcoin statistics and maybe the active markets and distributions.
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Many thanks for your reply, that gives indeed the context I was looking for. Most re-assuring.
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This is great for a breakdown for the masses -- ie all of us non tech people LOL.
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I think once people understand the BitShares purpose and aspects : it will start growing in higher rates.
( " distributed multi-user database, permissions managed by a defined set of rules, asset management, Trustless transactions between parties, Freedom of payments, Counterfeiting impossible, Fraud resistant, No single point of failure, free to hold" )
2,031.65% growth this year so far. 3 more months to go.
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I've "tried" to use Bitshares before but if I'm not mistaken, the exchange does not support any fiat currency. Rather, it's all in cryptocurrency... If so, what's the added benefits in using Bitshares as compared to exchange services like ShapeShift or Changelly?
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Bitshares is so much more... but to start with:
Bitshares has fiat on and off ramps provided by OpenLedger (an exchange business based on the Bitshares network - previously CCEDK). OCASH will also launch soon allowing accounts to be connected to a debt card.
Bitshares also has similar services to Shapeshift and Changelly provided by Blocktrades. Blocktrades runs a independent business just like shapeshift but is also baked right into the wallet. They are also operating the gateways for most Altcoins allowing Alts to trade on the DEX.
Everything else that is Bitshares is cream on top
Plus heaps more - https://bitshares.org/technology/
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What is the timeline or ETA for OCASH launch? Really that's the only missing piece for this d-exchange to take off.
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Once again, an excellent information provided by you for all of us to know the true data of steemit platform.
Thank you for sharing!
@raviraj
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Thank you @raviraj
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@steempower,
The best day of the week you just made
Thank you friend!
Cheers~
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Cheers Guru!
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@steempower,
Thank you friend!
Cheers~
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@Steempower, Is it possible for you to include my weekly report on @SteemFactory as an item in the BSON report? Here is this week's report. https://steemit.com/bitcoin/@steemfactory/steem-factory-mining-income-report-9-29-2017-earned-usd57-01
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I love this weekly report...so much work around Bitshares and it is so undervalued right now compared to other cryptos. It's time will come soon.
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Getting a little annoying to constantly see sth bitshares related in the trending section
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THx for great news greetings amsterdam bitcoin company
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You should also add the news of bittrex delisting Bitshares!
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Very good news!!!
DEX is the future. Thank you China.
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hi,
sir
i just join and i follow and vote you.
please support me time-2-time thanks
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A specific snippet of data that I could help you to get it?
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amigo #resteemia at your service
rest of the week
when i saw ur report
impressive work done @steempower
ReSteemia
'UpVoted ReSteemed Commented'
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That is funny lol
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@steempower amaizing post, thanks for sharing ! I'm sure BTS will "go 2 da moon " , is an amaizing technology there , will be really big I think !
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You are a Guru @steempower Keep Rocking! very impressive and detailed information. Awesome Steemian you are.
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bitshares is one of my favorite coins :)
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I didn't get the thing with bitspark. Did they start their operation already? Or did you just recycle the old news?
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@steempower. I am really interested in what's going on, but as a crypto newbie, most of this flew right over my head. Is there any way that I could be pointed to a more simplified version or maybe smaller blocks of information? This is kind of too much for the uninitiated.
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It took me a while to figure Bitshares out. The best way to start is to sign up for an account. I mostly use OpenLedger.io
Let me know if you have specific questions. What you gain will be worth the initial difficulty.
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wow its amazing love your article very informative @steempower
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Thanks for the coverage! I hope that it would help to get some votes for our @blockchained witness. We need another 5% of stake voting for us to get into top 50.
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critical post with very information
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up vote and followed
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Coingate should accept bitUSD, bitCNY and HERO - not BTS... BTS is not money, but those smart coins are.
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Nice post, thank you very much @steempower
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image created by techhelp click to see gallery
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thanks for these new info..
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@steempower thank you :-) followed and voted
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This side sher for thanks and i try it's
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Thank You for this informative article!
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thanks its important to know. thanks if al you want to support me in my blog @auliasiddiq
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awesome post friend.please follow me and vote my post.all time I with you. @steempower
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this post is informative thanks for sharing such kinds of information and i'm impress to see your thoughts and mentality . from you this post i come to know that you have good sort of knowledge and i can get more information from you .thats way i just started following you to see your upcoming posts ..... again i really like your post.. appreciated .. keep it up (y)
@heisali
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Hey man,
Do you know here I can find the information about how can I stake Bitshares and how much is the APR on average?
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nice post @steempower. Glad to know that lot of things are going on at bitshares.
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Very interesting, good post and I like, hopefully the next post better with a more perfect idea. follow me @pojan, Upvote and give a positive comment for me.
https://steemit.com/introduceyourself/@pojan/the-next-introduction-for-me-introduceyourself-2017928t182549442z
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Very disappointing performance from BTS on price front.. Dex trading also fabricated I believe and as of now hardly any trades happening which is highly understood considering being new.. Whales 🐳 keep manipulating price
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you are doing some great work .....
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Very nice!
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@steempower - Omg I got it Sir. Not at all but I got atleast 30% of what you said :( My bad isn't it. But Sir, regularly following @stan & hodl small amount of BTS and awaiting to read your weekly summary is enough for me to think positively on BTS Sir.
+W+ [UpVoted & ReSteemed]
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Congratulations @steempower!
Your post was mentioned in the hit parade in the following category:
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thanks for the info
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Man that chart is really something to see that rising pattern.
Like I have said before, I always feel smarter after reading these updates.
Thank you.
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So BTS and Steem are my 2 big buys at the moment! I think both have so much potential and I have been snaffling up BTS at 7-8 cents as well as mining them also. I think at these prices the potential downside is so low compared to the upside I am happy to buy buy buy and hold for the long term. I plan on dollar cost averaging in but anything around these prices is a bargain for sure!
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My analysis shows Bitshares at $1.10; here is the how and why:
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Thanks for this you let my eyes open on what happening on bitshares
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BTS price will up the 3000satoshi, do you believe?
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i dont understand. Bitshares begining Network?? please say me
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Bitspark...? beginning the move their remittance network to Bitshares.... maybe..
Sorry i don't understand what you are referring too
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Congratulations @steempower! You have completed some achievement on Steemit and have been rewarded with new badge(s) :
Click on any badge to view your own Board of Honor on SteemitBoard.
For more information about SteemitBoard, click here
If you no longer want to receive notifications, reply to this comment with the word
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LOL great coin with price tanking at each and every announcement.. Kudos holders including me
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WOW! a huge amount of info! thanks a lot, I'll try to put it in practice. I've thought you knew a lot about Bitshares but after I read this post I ended up with this - I need to learn more about it. Great info!
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Just heard sad news that BTS is getting delisted from Bittrex ! :( :(
Any reason for that?
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Ive been waiting for this weekly report thanks for the info @steempower
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