Network Value to Transactions Ratio Data Collection and Visualization

[ryanRfox]

trafficstars

User Story As an interested party I want to collect and display daily active use and the value of operations within the BitShares Platform so that I may make proper comparisons to other industry entities.

Impacts

• [X] Other: External perception

Additional Context Reference Material: Network Value to Transactions Ratio

BitShares currently implements a plugin for Elasticsearch and Kibana may be used for visualization. The need is to extract the data in a usable format for further analysis. Scenarios include:

• Total number of active users (daily, monthly) performing various operations (transfer, order create/cancel/fill, etc.)
• Total value contained within various operations (transfer, order create/cancel/fill, etc.) in time series (daily, monthly)
  • Note "value" should be based on BTS to ensure consistent aggregation and comparison
  • For market pairs not containing BTS, a conversion is likely needed

Note: This is note "Core" work, but important to the community. Any solution must be provide with the MIT license.

CORE TEAM TASK LIST

• [ ] Evaluate / Prioritize Feature Request
• [ ] Refine User Stories / Requirements
• [ ] Define Test Cases
• [ ] Design / Develop Solution
• [ ] Perform QA/Testing
• [ ] Update Documentation

[Zapata]

Those information could be visualized in Kibana:

• Amount of BTS transfered every day (and monthly)

• Unique users using each operation daily (and montlhy)

Limitations of Kibana:

• The BTS amounts should be divided by the asset precision. This information is not in ES.
• To get the BTS amount for other operations than transfers it will require additional computation on top of elasticsearch extraction;
• On transfers only the user that triggers the transfer is counted, the "reciever" is not counted as an active user, in order to do that additional computation is required;
• It's not possible to display nicely operation type names in Kibana (only the internal number), additional computation is required;
• Any conversion of pairs is impossible in Kibana/ES as it requires information not in ES

The Bitshares Explorer API could be updated to serve those datas in a REST/Json usable format. Then the open-explorer could be updated to display it.

[abitmore]

I think this is more a feature request for https://github.com/bitshares/bitshares.org repository.

[oxarbitrage]

I think it can be a good idea if we make some of this data available at https://github.com/oxarbitrage/bitshares-explorer-api and then bitshares.org, open-explorer and others can have it.

[xeroc]

bitshares europe has a few things in the works that maybprovide what you are looking for .. let me deploy it more publicly so you can see what i am talking about

[ryanRfox]

@oxarbitrage and I are working with Flipside Crypto to build a schema which will describe our blockchain data. You may learn more about their offerings here: https://docs.flipsidecrypto.com/