General Research
Unique crypto insights across a wide range of topics.

An Analysis of Kin’s On-Chain Activity
In the following post, we investigate Kin’s on-chain activity compared to other blockchains.

An on-chain analysis of Ripple’s escrow system
Coin Metrics recently released version 3.0 of our CM Network Data Pro product. This release includes many new assets, including

Evaluating Bitcoin forks with network data
Determining the success of a UTXO fork is a fraught exercise. There is no agreed-upon standard for measuring adoption. Establishing

Granular mining pool mapping with Bitcoin’s coinbase outputs
How concentrated is block formation in Bitcoin? Which mining pools are dominant, and how long have they held that position?

Don’t trust, verify: A Bitcoin Private case study
Bitcoin Private (BTCP) is a fork-merge of Bitcoin and ZClassic (ZCL, a fork of ZCash that removed the founders’ reward).

Introducing Realized Capitalization
The motivation for the creation of Realized Cap was the realization that “Market Capitalization” is often an empty metric when

What should we expect from Bitcoin’s block size in the coming years?
tl;dr: under full SegWit adoption you should expect blocks in the 1.6-2 mb range, with larger outliers. How big will

Introducing our adjusted transaction volume estimates
As we have exhaustively covered, getting accurate estimates of the actual economic throughput of public blockchains is not a trivial

An analysis of batching in Bitcoin
On May 6th, 2017, Bitcoin hit an all-time high in transactions processed on the network in a single day: it

On data and certainty
Being certain is a lovely thing. Despite what many would allege about the poor finality of proof of work, the

On the difficulty of estimating on-chain transaction volume
We are happy to report that this site is getting quite a bit of attention these days. We never anticipated

An important network value to transaction ratio caveat
If you’ve been following coinmetrics closely, you might be convinced of the usefulness of our network value to transactions metric