Bismuth Progress Report — Python Blockchain — April 2024

BismuthPlatform
3 min readApr 15, 2024
April 2024 Progress Report — Bismuth Python Blockchain
April 2024 Progress Report — Bismuth Python Blockchain

This Bismuth progress report covers March 15th, 2024 to April 15th, 2024.

Current Bismuth Supply

Bismuth Supply Graph:

Bismuth Supply — Coinomics
Bismuth Supply: 37,786,513 — Block Height: 3,747,969

Bismuth Mainnet

The Bismuth Mainnet is Proof-of-Work based. A custom sha-224 algorithm is being utilized and optimized for GPU mining. Block time generation is 1-minute.

The Screenshot below shows the current BIS difficulty.

Bismuth Proof-of-Work Difficulty
Bismuth Proof-of-Work Difficulty: 101.549533802 at block height 3747969

Bismuth Mainnet Mining

The biggest Bismuth mining pools are Eggpool and Coinsaurus. An opensource solo mining software is also available which is called KBKminer.

Bismuth Hypernode Staking Side-Chain

The Bismuth Hypernode Side-Chain is Proof-of-Stake based.

We count 118 active Hypernodes with a total amount of active collateral of 3,460,000 BIS. That’s an increase of 14 active nodes since the last report.
Estimated Bismuth Hypernode rewards are shown below.

Bismuth Hypernode Rewards
Bismuth Hypernode Staking Rewards

The plot below shows all Hypernodes, both active and inactive. As can be seen from the plot, the number of Hypernodes is currently at 335, up by 1 node since the last report.

Amount of Bismuth Hypernodes
Total number of Bismuth Side-Chain Hypernodes, both active and inactive.

The plot below shows the total Hypernode collateral, both active and inactive. As can be seen, the total amount of collateral is 9,400,000. The total amount of BIS in circulation is 37,78 million. Hence, the amount of active collateral accounts for 9.1 % of the total supply, or 24.8 % if the amount of inactive collateral is included.

Total Amount of Hypernode collateral, both active and inactive
Total Amount of Hypernode collateral, both active and inactive

Wrapped Bismuth Supply

Detailed graph of the current wrapped supply:

Wrapped Bismuth Supply on Ethereum and on Binance Smartchain
Wrapped Bismuth Supply on Ethereum and on Binance Smartchain

An overview of the Wrapped BIS supply on the Ethereum blockchain (ERC20) and a summary of Wrapped BIS supply on the Binance Smartchain.

Tornado Wallet & TK-Wallet Updates

The `requirements.txt` file for the Tornado Wallet has been updated to specify that version 0.0.53 or newer of `bismuthclient` is required. This version supports the use of a backup API URL. It’s important to note that this change applies to running the wallet directly from the source code, as a formal release has not yet been made.
Similarly, the source code for the TK-Wallet has also been updated to incorporate a backup API URL. This modification is currently available when running the wallet from the source code, with no official release version updated to include this feature as of yet.

Bismuth Market Data & Exchanges

Bismuth CoinMarketCap Information: https://coinmarketcap.com/currencies/bismuth/
Bismuth Coingecko information: https://www.coingecko.com/en/coins/bismuth
Uniswap Exchange (DEX): Wrapped BIS/ ETH Pair
Pancakeswap Exchange (DEX): Wrapped BIS/ BSC Pair
ViteX (DEX): BIS/ BTC Pair

XeggeX: BIS/ USDT, BIS/ LTC
Graviex: BIS/ BTC Pair

Bismuth links

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

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