Bismuth Team Progress Report – October 2021

This Bismuth progress report covers September 13, 2021 to October 17, 2021.

Current supply

Bismuth Supply Graph:

Bismuth Supply October 2021

Hypernodes

Current Hypernodes ROI is 19.2%, up from 19.0% in September. We count 232 active Hypernodes with a total amount of active collateral of 6,580,000 BIS. That’s a decrease of 2 active nodes since the last report.

Data from the Hypernodes page.

The plot below shows all Hypernodes, both active and inactive, during the last 60 days. As can be seen from the plot, the number of Hypernodes is currently at 309, equivalent to the last report.

Total number of Hypernodes, both active and inactive.

The plot below shows the total Hypernode collateral, both active and inactive, during the last 60 days. As can be seen, the total amount of collateral is 8,430,000 during this period. The total amount of BIS in circulation is 29,59 million. Hence, the amount of active collateral accounts for 22.2% of the total supply, or 28.5% if the amount of inactive collateral is included.

Total amount of HN collateral, both active and inactive.

Wrapped Supply

Detailed graph of the current wrapped supply:

Wrapped BIS Supply

Worldwide Nodes Distribution

A visual representation of worldwide Bismuth nodes distribution.

Bismuth Worldwide Nodes

Ecosystem

New wallet release: Tornado wallet version 0.1.45 was released.
This is a maintenance release, mainly focusing on crystals, especially the Tesla crystal.
The wallet is available on our official Github.

Large ISP down: On October 13, OVH – a large ISP with data centers in many countries – experienced a large scale issue with its network. As a result, Eggpool.net was not reachable for about one hour.
Despite relying on several dedicated servers hosted in different parts of the world, such a large scale black out did effectively stop communication beetwen the components in a way no mining was possible for a while.
The network finally recovered and there was no lasting issues with the pool nor the Bismuth chain. No new block was mined for a while, then thanks to the feedback algorithm at core of the Bismuth difficulty adjustment, difficulty dropped quickly for a while, allowing miners – on average – to maintain the same gains.
No manual intervention was needed, the pool and network recovered by themselve once the network was back.

Dragginator

Dragginator was created in 2018. At that time, it was one of the first NFT project in the space, with many innovative features.

Dragginator eggs are virtual animals which can be raised and bred.
Each NFT is a generated unique dragon egg, with specific aesthetics and properties, that can be used in games or contests.

Since inception, Dragginator NFTs lived on the Bismuth chain only. Today, it has become possible to send Dragginator eggs and dragons to ETH blockchain, so they are visible and can be traded on Opensea.

Dragginator collection on Opensea (link).

It’s still early: the bridge was not officially announced yet and only a handful of users did give it a try and moved an egg.
A more detailled article with FAQ is in the works and more eggs will find a new home on Ethereum.

This move to ETH does not change the core working of the dragons: The base chain they live on still is Bismuth with its low fees, but they can now benefit from ETH and Opensea visibility and NFT collectors.
More info about the Dragginator on ETH in this blog post.

We also heard iyomisc, dragginator’s dev, is actively working on dragignator again, so you can expect more news shortly. Especially, there will be some kind of secret reward for users who own a Dragginator Egg on ETH…

Bismuth links

Official Website: Bismuthplatform.com
Additional Sites: Bismuth.financeBismuth.liveBismuth.world
PoW Explorers: bismuth.onlinebismuth.imbismuth.live
PoS Explorer: bismuth.live
BIS Token Explorer: bismuth.today