Welcome to the 64th 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 - 5th December 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.
This week has seen a 26% increase in the smartcoin supply making a new All Time High in the circulating supply of smartcoins within the Bitshares platform. The largest increase in circulating supply came from BitUSD which has increased by 38% and the Ruble by 22%, followed by BitCNY and BitEUR which both seen 16% increases.
The exchange AEX.com has opened BitCNY trading pairs this week. This now means that both BitUSD and BitCNY (fully collateralized smart coins) are base pairs being offered against some of the major cryptocurrencies such as Bitcoin, Bitcoin Cash, Litecoin and Ethereum; currently over 1.5 Million USD have been traded on the smartcoin markets. Visit AEX.com for more details
@Billbutler has announced the latest release of the Bitshares reference wallet (v2.0171205). This release includes features such as a new header and navigation menu with prominent icons for each menu item, contact lists and the ability to make bulk payments. On the roadmap they have TradingView integration (researched and planned), redesign of the Deposit/Withdrawal screens and responsive design. Check out the full list of changes and get more details HERE
Bitspark has released a roadmap for the future of the Zephyr project and what it means for Bitshares. The extensive vision described in the documents covers liquidity, market making/trading bots as well as timelines and mission statements. Recommended reading which can be found HERE
@ash has released this month’s Social media Statistic's which is showing large amount of interest in the last 6 months when compared to the time last year. More information HERE
@ravid has been working on a Wikipedia page for Bitshares and this week has announced that it is live and ready for viewing HERE. You can find his announcement about this page HERE
@bondonblockchain has announced their presale for the Bond Crypto-Property Asset Fund. They propose a Bond Unit as a digital representation of an equity share of Bond’s asset portfolio, implemented as a user issued asset (UIA) on the Bitshares blockchain. The presale allows for 5,000,000 Units to be sold to investors. You can see the announcement HERE or visit their website at bondonblockchain.com
@taconator has released the 'Fees Collected on the BitShares blockchain through October 2017' report. This month has seen 2.31 million BTS were collected for 7.89 million operations. You can view the full Report HERE
Prolific author and Bitshares advocate Michael Taggart has written a number of articles this week focusing Bitshares for remittance markets, Market manipulation and alternatives to the controversial USDT: BitShares Taking Remittance Industry By Storm, Tether’s USDT Drama Continues, Are Cryptocurrency Exchanges Trying to Sabotage BitShares?. To keep up to date with some really great articles follow Michael on Medium and help to bring exposure to these articles by 'clapping' and sharing them with other crypto enthusiasts.
CryptoKitties has shown the crypto world what happens when you take a very successful project and place it on a blockchain that is not ready to handle that kind of load. The Ethereum Network has seen a large increase in pending transactions in the last few days due to crypto fanatics trading cats on chain. Perfect time to mention that Bitshares has been proven to process 3300+ Transactions per second. More information on Ethereums CryptoKitties 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 483042; an increase of 6767 wallets/accounts since last week
This week’s Bitshares hangout recording has been published and is available HERE
The last asset registered this week is asset #2510 and it is named 'WIKICOIN' registered by 'bihz' with the description 'This is an experiment token for WIKIPEDIA. It looks like WIKIPEDIA is not making enough to sustain itself. WikiCoin is a token set up to donate to WIKIPEDIA. Minus expenses, 90% of the 1.2% transaction fee will go to WIKIPEDIA. Expenses fees will vary.'.
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