Bitshares - State of the Network - 25th April 2017
Welcome to the 32nd 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 - 25th April 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.
Another week and BitUSD is still worth $1 - either via the open market or settlement of the underlying contact.
Smartcoin issuance and market cap on the internal network continues to rise this week with the main Smartcoins (BitUSD, BitCNY, BitEUR, BitBTC, BitGold and BitSilver) reaching a market cap over 1.4 Million USD this week. As mentioned previously this is very promising sign of growth as the issuance of these assets is backed by a minimum of 175% in Bitshares core token BTS. By my calculations the value backing these assets at the moment is greater than 5 Million USD worth of Bitshares; these Bitshares are locked to the network via a smart contract allowing these smartcoins to maintain their face value without any counter party risk!.
$bkt (BitKapital) has released their new website including live market prices linking to the live Bitshares market (looks awesome!). They have also relocated operations from Cyprus to Turkey to pave the way for opportunities offered by Turkish banks. The team is continuing their effort in improving the back end tech to provided enhanced services to their customers and are even running webinars to help new users get up to speed. Check out the new website HERE
@estefantt has published the latest compilation of the Bit20 index fund. Bit20 is an asset that tracks the value of the top 20 cryptocurrencies weighted by their market capitalization; if your bullish on crypto in general but find it hard to keep up with the latest flavour of the month you might want to learn more about Bit20. i have included a picture below this section; but you can see the full breakdown HERE
@xeroc has released a new version of Uptick (v. 0.1.3) - Uptick is a python based toolkit that provides an easy to use command line interface to the Bitshares network even exposing some advanced features that are not available within the GUI. Uptick is similar to the popular Steemit tool 'Piston'. Check out his latest update HERE
@xeroc has released a new version of Python-Bitshares(v. 0.1.5) - Python-Bitshares is a python based library for interacting with the Bitshares network, it is a core component of Uptick but can be used by any developer as a basis for easy integration of their latest project. Check out the latest update HERE
@kencode has mentioned this week that one of the developers from the Bitshares-Munich team has started working on the Trezor code previously made public by @xeroc. Looking forward to seeing this progress.
@lafona has created a new witness tracker. This web based tool provides a visual overview of witness performance in relation to price feed data and block production. You can view his original post HERE and visit the 'Witness Stats' page HERE
Bitshares user bitcrab has started a exclusive WeChat channel called 'BTS Whales', entry to the chat room required verification and the entry requirement is 10 Million BTS (collateral and market orders included) . The members of this channel are aiming to drive adoption and innovation working with investors and large corporation in efforts to expand the Bitshares ecosystem. You can see the original post and details on how to join HERE
Taconator has created and published a 'fee report' showing the fees collected by the Bitshares network since October 2015 to March 2017 with a staggering 47,106,798 BTS in total. This very interesting report shows that 48% of fees are collected via Asset Creation, 26% from Account Upgrades (LTM) and 17% from Account Creations; these are only the top 3 and the report goes into a lot more detail. View his original post and summary HERE or find the full report HERE
Peerplays have launched their new website and crowdfunding model; The website looks great and includes a visual representation of the benefits for PPY holders and a graphical road map of the past achievements and future milestones; including the launch of main-net, 'Bookie' sports betting interface, Peerplays Eight, Predication markets and heaps more. The upgraded crowd funding method allows investors to send BTS, BTC, ETH, Dash, LTC, Smartcoins, Steem and others, without having to worry about private keys (during the crowd-sale they generate keys for you, just download your key-pair and keep them safe till the launch). Be sure to check out the new website and crowdfund HERE, you can also listen to updates from the Peerplays team every week on the Beyond Bitcoin Show - Reminder that the crowd-sale is only open for a few more weeks so if you want to get involved make sure you secure your portion of the network before it's to late.
@jonnybitcoin has started a forum poll regarding witness pay which was doubled right before a run up in price. The post titled "Each witness is getting paid $1200+ because of the price rise." is on the bitsharestalk forum and has a poll that allows the community to vote on the reward they believe is fair. See the post and give your input on the subject HERE
@roelandp has been elected as one of the trusted witnesses on the Bitshares network and has started signing blocks and publishing price feeds - Congrats to Roeland. First day on the job he has created a set of open source scripts to monitor the performance of his witness and publish any alerts via telegram. Check out the details HERE
@embermine-drake has announced they have ended the ICO due to technical issues with the ICO portal and will relaunch their ICO for the Embermine platform soon'. View the official statement and keep up with the latest news for the Embermine project HERE
@xeroc has published a Bitshares paper wallet generator which has been hosted on Bitshares.eu, this tool will generate active, owner and memo keys based off an accountname and password. The account name does not need to be registered and the tool will not register the account on your behalf, the account name is only used in conjunction with the password to generate the keys which can be used for offline storage and then brought online when required. Check out the tool HERE
@virtualgrowth is doing a weekly market update and token giveaway; Check out his post and vote on your favorite asset HERE, if you leave your Bitshares username in the comment you may even be one of the lucky recipients of the token giveaway.
This weeks Bitshares hangout recording has been published and is available HERE
This weeks Beyond Bitcoin hangout recording has been published. This week had talks from @peerplays @virtualgrowth @steemrollin and @williambanks you can find more details and last weeks recording HERE
Current registered wallets/accounts within the Bitshares network is 165701; an increase of 2014 wallets/accounts since last week
The last asset registered this week is asset #1354 and it is named 'AGENT' registered by 'l-in' with the description 'Intermediaries can agent a variety of assets'.
Other interesting assets that poped up this week: QORA, STEEP, EVETAB (evetab.com) and EBAXX
@stan dropped the following picture in the telegram chat this week and this vague comment: 'Lets just say that it would not be true to claim that BitShares has no marketing..."'
Smartcoin growth from that start of 2017
Bit20 Compulation and growth vs USD
Transactions Per DAY - Comparison of Bitshares and Ethereum
New Artwork found on BitKapital's new website
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 | 2,597,259,087 |  1,288,613.00 | 0.05% |
| BTS Stealth | 266,871 | - | 0.00% |
| BTS in Open Orders (DEX) | 17,719,533.64 | 1,342,714.19 | 8.20% |
| Reserve Pool | 1,003,319,555 |  -1,288,613.00 | -0.13% |
| RP Accumulated fees | 13,132 | -305.00 | -2.27% |
| Collateral (top 250) backing Smartcoins | 405076975 | -7,901,219.00 | -1.91% |
| Top 100 Total | 1,346,200,551 | -417,488.03 | -0.03% |
| Top 100 - minus Exchanges | 527,370,735 | 11,556,273.43 | 2.24% |
| Exchanges | 818,829,816 | -11,973,761.46 | -1.44% |
| Non Exchanges | 1,778,429,271 | 13,262,374.46 | 0.75% |
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 | 0.00 | 0.01 | 77,182,138.53 | $1,032,700.03 | 67.9% | 52.0% |
| CNY | 0.09252816 | 0.01 | 36,452,727.23 | $489,897.09 | 32.1% | 75.5% |
| USD | 0.0133156 | 0.01 | 7,352.28 | $97.90 | 0.7% | 55.1% |
| EUR | 0.05 | 0.05 | 0 | $- | 0.0% | |
| WAVES | 0.023 | 0.00910599 | 0 | $- | 0.0% |
Worker Proposals
This section will identify the current approved and pending worker proposals
Active Worker:
- Alfredo Garcia, Bitshares Core Dev
- Soledger - Vikram/Agent86 - Project administration & essential maintenance
- Xeroc - Python-steem and uptick
Proposed Worker
- Fund to pay dividendp/topic,22041.new.html#new)
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 BTS, CNY and Open.BTC
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 | 2,597,259,087 | 0.01339903 | 2,597,259,087 | $34,800,752.42 | 0.0496% |
| BTS Stealth | 266,871 | 0.01339903 | 266,871 | $3,575.81 | 0.00% |
| Reserve Pool | 1,003,319,555 | 0.01339903 | 1,003,319,555 | $13,443,508.82 | -0.1283% |
| Accumulated fees | 13,132 | 0.01339903 | 13,132 | $175.96 | -2.27% |
| BitUSD | 620,727 | 74 | 45,933,798 | $615,468.34 | 5.47% |
| BitCNY | 4,414,888 | 10.8 | 47,680,790 | $638,876.34 | 24.80% |
| BitEUR | 53,367 | 80.3 | 4,285,370 | $57,419.80 | 134.55% |
| BitBTC | 45.8 | 92,700 | 4,245,660 | $56,887.73 | 10.90% |
| BitGold | 12.16 | 94,069 | 1,143,879 | $15,326.87 | 6.29% |
| BitSilver | 2,467 | 1,313 | 3,239,171 | $43,401.75 | 12.34% |
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 | 2581 | 55 |
| compumatrix1 | 2119 | 59 |
| jianjolly-0 | 1743 | 0 |
| btsabc | 542 | 18 |
| openledger | 514 | 0 |
| fav | 355 | 2 |
| cryptofresh | 338 | 5 |
| gn1 | 243 | 1 |
| ccm2015 | 229 | 2 |
| cryptocurrency3 | 193 | 6 |
| by24seven | 183 | 6 |
| sdr | 181 | 7 |
| xiangxn | 166 | 13 |
Vote Proxies
This section will track the change in proxy voting
| Account | Opinions | Followers | Weight (M) | Weight Change (M) |
|---|---|---|---|---|
| xeroc | 35 | 170 | 256.5 | 3.2 |
| bitcrab | 62 | 26 | 195.2 | 4.5 |
| baozi | 21 | 64 | 74.6 | -2.8 |
| laomao | 35 | 3 | 51.5 | -3.6 |
| bitshares-munich-wallet | 7 | 13 | 30.4 | 0 |
| jonnybitcoin | 35 | 20 | 16.7 | 2.1 |
| yao | 27 | 33 | 12.1 | -1.2 |
| abit | 42 | 237 | 12 | 0 |
| fav | 14 | 39 | 11.2 | 0.1 |
| bytemaster | 38 | 39 | 9.1 | -1.4 |
Committee Members
This section will track shareholder approval of committee members
| Account | Votes (M) | Votes Change (M) |
|---|---|---|
| bitcrab | 761.2 | 0 |
| abit | 727.8 | 0 |
| chris4210 | 720.8 | 0 |
| bhuz | 690.2 | 0 |
| clayop | 633.9 | 0 |
| xeroc | 626.2 | 0 |
| bunkerchainlabs-com | 547.8 | 0 |
| ebit | 428.5 | 0 |
| openledgerdc | 346.2 | 0 |
| fav | 323.2 | 0 |
| harvey-xts | 307.6 | 0 |
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 | 763.7 | 133 | |
| 2 | delegate.baozi 1.6.37 | 751.9 | 1019 | |
| 3 | bhuz 1.6.17 | 751.9 | 1093 | |
| 4 | wackou 1.6.18 | 740.8 | 1271 | |
| 5 | fox 1.6.16 | 729 | 2896 | 3 |
| 6 | witness.yao 1.6.71 | 726.9 | 2137 | 1 |
| 7 | verbaltech2 1.6.34 | 725.6 | 1198 | 1 |
| 8 | xman 1.6.64 | 721.4 | 1140 | 6 |
| 9 | jerryliu 1.6.72 | 718.2 | 2748 | |
| 10 | rnglab 1.6.45 | 717.6 | 1276 | 1 |
| 11 | xn-delegate 1.6.59 | 695.2 | 2286 | |
| 12 | witness.still 1.6.69 | 651.5 | 8325 | 52 |
| 13 | xeldal 1.6.22 | 598.9 | 1041 | 121 |
| 14 | roelandp 1.6.74 | 597.8 | 0 | |
| 15 | abc123 1.6.65 | 576.9 | 841 | 1 |
| 16 | sahkan-bitshares 1.6.73 | 563.2 | 152 | |
| 17 | datasecuritynode 1.6.49 | 554.6 | 5546 | |
| 18 | delegate.freedom 1.6.63 | 444.2 | 3571 | 1 |
| 19 | harvey-xts 1.6.23 | 429 | 5105 | 153 |
| 20 | delegate.ihashfury 1.6.26 | 424.3 | 868 | 2 |
| 21 | delegate-clayop 1.6.27 | 372.4 | 3350 | |
| 22 | spartako 1.6.15 | 361.6 | 968 | |
| 23 | elmato 1.6.20 | 344.9 | 3006 | |
| 24 | mr.agsexplorer 1.6.24 | 337.5 | 824 | |
| 25 | openledger-dc 1.6.76 | 325.7 | 0 |
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(include orders) | Orders | Change W/W | Change W/W % |
|---|---|---|---|---|---|
| 1 | poloniexcoldstorage | 290001202.9 | 0 | - | 0.00% |
| 2 | bitcc-bts-cold | 226419023.1 | 0 | -10,000,002.77 | -4.23% |
| 3 | poloniexwallet | 179956568.2 | 0 | -4,083,634.94 | -2.22% |
| 4 | bittrex-deposit | 37716233.92 | 0 | -644,384.50 | -1.68% |
| 5 | yunbi-cold-wallet | 35003434.68 | 0 | - | 0.00% |
| 6 | stan | 20618873.65 | 0 | - | 0.00% |
| 7 | yun-bts | 16859480.87 | 0 | -3,278,769.18 | -16.28% |
| 8 | alohacs | 16855553.92 | 0 | - | 0.00% |
| 9 | aboy | 15603070.62 | 0 | 12,156,276.70 | 352.68% |
| 10 | btercom | 13049112.07 | 0 | - | 0.00% |
| 11 | evan | 12118147.13 | 0 | - | 0.00% |
| 12 | cass | 11440165.64 | 0 | - | 0.00% |
| 13 | abit | 11338201.91 | 50000 | 659,872.13 | 6.18% |
| 14 | mcxcwbts | 10818456.84 | 0 | - | 0.00% |
| 15 | crypto-maniac | 10613396.97 | 0 | - | 0.00% |
| 16 | hnnr8 | 10471001.86 | 0 | - | 0.00% |
| 17 | bitshares-munich-wallet | 10438565.01 | 0 | 9,474,790.15 | 983.09% |
| 18 | invictus | 9815144.343 | 0 | - | 0.00% |
| 19 | bitcc-bts-withdrawal | 9781600.682 | 0 | 3,128,158.48 | 47.02% |
| 20 | virtual-ventures | 9318078.011 | 0 | - | 0.00% |
| 21 | jiny2 | 9263640.165 | 0 | 500.00 | 0.01% |
| 22 | jonnybitcoin | 8999998.12 | 0 | -1.73 | 0.00% |
| 23 | tsuratsura-3557 | 8936513.642 | 0 | 115,758.07 | 1.31% |
| 24 | roje | 8850429.578 | 0 | - | 0.00% |
| 25 | ibilitlan-scoltock | 8673958.411 | 0 | - | 0.00% |
| 26 | coldstorage1 | 8300001 | 0 | - | 0.00% |
| 27 | comp6 | 8144303.712 | 0 | - | 0.00% |
| 28 | cievia-waugaman | 7990213.251 | 0 | - | 0.00% |
| 29 | bc-godpay | 7563436.058 | 0 | - | 0.00% |
| 30 | graphene2015 | 7492758.488 | 0 | 7,021.54 | 0.09% |
| 31 | haeassa-granovsky | 7431931.353 | 0 | - | 0.00% |
| 32 | tomotomo | 7016825.01 | 0 | - | 0.00% |
| 33 | bitcc-bts | 6648845.022 | 0 | 4,524,083.74 | 212.92% |
| 34 | prebuffo1970 | 6599658.279 | 0 | 6,399,658.28 | 3199.83% |
| 35 | abinia-rivard | 6550562.954 | 0 | - | 0.00% |
| 36 | keebler-kahn | 6202386.529 | 0 | - | 0.00% |
| 37 | ubris | 5900000.049 | 0 | - | 0.00% |
| 38 | alexna64 | 5869988.939 | 0 | - | 0.00% |
| 39 | pay.xeroc | 5785155.848 | 0 | 394,781.71 | 7.32% |
| 40 | dev.bitsharesblocks | 5776916.435 | 679522.0174 | -9.44 | 0.00% |
| 41 | fericia-brick | 5766622.727 | 0 | - | 0.00% |
| 42 | btszhqxf | 5734711.5 | 0 | - | 0.00% |
| 43 | onceuponatime | 5629041.387 | 0 | 35,545.78 | 0.64% |
| 44 | miso69 | 5478228.737 | 0 | - | 0.00% |
| 45 | linhan | 5425094.721 | 0 | - | 0.00% |
| 46 | cadord-ozois | 5423173.409 | 0 | - | 0.00% |
| 47 | spring | 5376984.066 | 0 | 60,698.59 | 1.14% |
| 48 | bts-morning | 5372840.009 | 0 | - | 0.00% |
| 49 | bristolbay | 5325003.672 | 0 | - | 0.00% |
| 50 | gamma-rabbit | 5273446.23 | 0 | 2,552,836.63 | 93.83% |
| 51 | xhunter | 5233238.27 | 0 | - | 0.00% |
| 52 | jeraud-kanze | 5172698.487 | 0 | - | 0.00% |
| 53 | laow | 5057708.821 | 0 | - | 0.00% |
| 54 | ccedk.escrow2 | 5030292.76 | 0 | - | 0.00% |
| 55 | geravia-mackinnon | 4777690.635 | 0 | - | 0.00% |
| 56 | mybak | 4709247.334 | 0 | - | 0.00% |
| 57 | goodc0re | 4631838.897 | 0 | - | 0.00% |
| 58 | satoshi-pie | 4622791.181 | 0 | - | 0.00% |
| 59 | blocktrades | 4592832.567 | 6677.33872 | -2,545,455.52 | -35.66% |
| 60 | synergy3 | 4575900.39 | 0 | 558,764.14 | 13.91% |
| 61 | bts88 | 4527498.864 | 0 | - | 0.00% |
| 62 | tyrone-shoelaces | 4461958.809 | 0 | 1,228,896.68 | 38.01% |
| 63 | impseu1 | 4432046.44 | 0 | - | 0.00% |
| 64 | multisig-worker-2017-01 | 4356519.527 | 0 | 2,483,855.05 | 132.64% |
| 65 | btsxzzh2 | 4348432.46 | 0 | - | 0.00% |
| 66 | slim | 4153504.029 | 0 | - | 0.00% |
| 67 | ironbank | 4144946.098 | 8000 | -2,000,005.55 | -32.55% |
| 68 | quonael-lievesley | 4087235.19 | 0 | - | 0.00% |
| 69 | tkoba99 | 4034034.173 | 1558.846 | -11.15 | 0.00% |
| 70 | elendasa-benjamin | 3925769.873 | 0 | - | 0.00% |
| 71 | wesley-waugaman | 3921027.341 | 0 | - | 0.00% |
| 72 | lzr1900 | 3900004.974 | 0 | -100,078.44 | -2.50% |
| 73 | hermes3 | 3832194.901 | 0 | - | 0.00% |
| 74 | jaehyuk | 3627054.385 | 0 | - | 0.00% |
| 75 | smartass | 3569171.707 | 0 | - | 0.00% |
| 76 | laplap5 | 3493800.179 | 0 | - | 0.00% |
| 77 | bitcoinindonesia | 3485703.189 | 0 | -31,697.51 | -0.90% |
| 78 | mike-primorac | 3479329.453 | 0 | - | 0.00% |
| 79 | koocaa | 3453196.418 | 0 | - | 0.00% |
| 80 | nethyb | 3442787.375 | 0 | - | 0.00% |
| 81 | bterdeposit | 3394314.51 | 0 | 435,757.05 | 14.73% |
| 82 | ddd888 | 3265039.172 | 0 | 2,307,118.96 | 240.85% |
| 83 | scottmclane | 3251127.476 | 0 | - | 0.00% |
| 84 | bafohald-degeorge | 3189865.947 | 0 | - | 0.00% |
| 85 | wind-flower | 3174191.323 | 0 | - | 0.00% |
| 86 | mcxcw | 3104014.866 | 0 | -289,677.98 | -8.54% |
| 87 | null-account | 3011944.766 | 0 | - | 0.00% |
| 88 | anonym7 | 2972988.998 | 0 | - | 0.00% |
| 89 | profoot | 2949982.108 | 0 | - | 0.00% |
| 90 | ptschina | 2889985.24 | 0 | - | 0.00% |
| 91 | chryspano | 2840887.187 | 0 | - | 0.00% |
| 92 | ccddd | 2800000 | 0 | - | 0.00% |
| 93 | code | 2772336.524 | 2000000 | -5,192,910.11 | -65.19% |
| 94 | mostar | 2751784.383 | 0 | - | 0.00% |
| 95 | cnfund | 2711671.036 | 171226.5292 | -232,973.16 | -7.91% |
| 96 | root | 2652843.369 | 0 | - | 0.00% |
| 97 | douglasriese1994 | 2642911.206 | 0 | - | 0.00% |
| 98 | rand1 | 2586346.83 | 0 | - | 0.00% |
| 99 | bang-king | 2570419.715 | 0 | - | 0.00% |
| 100 | dragongroup | 2549459.689 | 0 | - | 0.00% |
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I always enjoy this report. Thank you!
With all the Tether (USDT) drama this week, this is a really good thing to highlight. :)
Thanks Luke, i Agree - USDT holders will start considering their options and i think BitUSD is a prime candidate for their business!
What will it take to get bitUSD on other exchanges? That, I think, could be huge.
I have spoken to Bill from Bittrex and all that is required to get BitUSD on Bittrex is for more activity to occur on the already listed BitCNY market; i believe Liquidity and Education on smartcoins are the most important aspects here. I think this also applies to other markets (more so the education aspect)
What is Uptick? Where can I learn more about that?
@xeroc has released a new version of Uptick (v. 0.1.3) - Uptick is a python based toolkit that provides an easy to use command line interface to the Bitshares network even exposing some advanced features that are not available within the GUI. Uptick is similar to the popular Steemit tool 'Piston'. Check out his latest update HERE
great post. Honestly, I still dont understand the concept 100%, but my investment has more than +100% value in 1 month - love it:
Nice work man :) are you using the wallet? Or just keeping them on the exchanges? Recommend trying the wallet if you havent; i think it will blow you away
I am actually keeping my BTS currently on an exchange what I am trying to avoid, so I will check out the BTS wallet. Do have a link/ tutorial?
Not sure if there is tutorial as such (there probably is somewhere). But it is a guided process.
You have a couple of choices. Bitshares has web wallets or you can also use the light client which you download an install to your machine.
For the web wallet go to bitshares.org/wallet
Light client you can get HERE
There are two mode when you sign up to the web wallets (Wallet model and Account model)
Notes:
Wallet model: Once you have entered you username and password you will be asked to download a backup of your wallet <- DO NOT SKIP THIS STEP.. Keys are stored encrypted within in your browser and to make any transactions ect you will need to enter your password. If you clear your browser cache your keys will also be cleared from its memory and you will need to restore them via you backup file.
Account Model: Your username and password are used to generate your keys, this has a benefit of allowing you to login to your account from anywhere by just using your username and password (make sure you choose a strong password)
After that you are all setup; to send BTS you use your account name (instead of those huge addresses like with Bitcoin). i highly recommend sending a small test transaction from the exchange just to make sure you are comfortable (3 second block times + a slight delay from the exchange means it will hit your wallet very quickly).
Your done; have fun and go exploring, be sure to check out the exchange tab and if your on telegram come join us on the 'BitsharesDex' channel.
I would love to hear you thoughts if you have a chance.
wow. thx for the detailled response. I will follow your instructions.
Doing a small test transaction is what I also recommend always.
I recently bought some iota, currently only available through the related slack channel , kind of escrow. Then found a wallet on Github and failed with the first micro test transfer, installed another version of the wallet, repeat process and then it worked =)
Wow, that was a week and a half to report on! Great job on doing so and thank you for the information, again. Namaste :)
100% Huge week this week; although going into it i thought it was maybe a quiet one. how wrong i was.
Namaste :)
You put a lot of work into this. Very informative. Thanks for sharing.
You are right it does take a while to compile all the data and links from around the project. Glad you find it useful and thanks for the comment :)
Complete results for the week.
Good work friend @steempower
Thanks Barvon,
There is at least a few updates that are not included in here as it was getting quite long.
Yes, the results you enter are also quite complete for this week.
Others will also understand if they read it well.
Good stuff all around. Interested in using this banner with its concise message.
Cheers, i think the banner is simple yet conveys a strong message
I agree.
Btw, cryptofresh is incorrectly showing Ruble to be an UIA, when in reality it is smartcoin (it shows it as smartcoin on the Ruble asset page, but not on the asset list), it would be cool if you include Ruble in the smart coins lists in the future. Thanks! :-)
I'll make a note to check out its volume and issuance and if start tracking its progress
thanks for sharing information update @steempower
upvote and resteem.!!
congratulations
😍😘😙😚🤗
Thank you very much Tina appreciate your support :)
you are welcome 😍
@steempower
Excellent post!! thank you for sharing
Cheers
Fantastic report! And excellent news all around, BTS is looking great.
Thanks Dirty.hera!
Agreed, BTS is looking very nice these days. There are many projects which are in active development and should surface soon.