Unique crypto insights across a wide range of topics.
WHAT IS GAS ON ETHEREUM, WHY IS IT NEEDED, AND HOW DO I GET SOME?
At the core of Ethereum's transaction fee market is the important concept of 'gas.' In this report, a theoretical explanation of the need for gas from a computational theory perspective is given and how it is realized on Ethereum. We [...]
Recent
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 [...]
Mean-reversion and reflexivity: a Litecoin case study
Litecoin is a remarkable cryptocurrency. Of the seven currencies we profiled, its MTV ratio is among the steadiest (in our [...]
Why should I pay attention to the NVT ratio, anyway?
Our very first contribution to the body of research on cryptoassets is one we think will become mainstream as this [...]
An introduction to MTV
Currency serves as a medium of exchange, store of value, and unit of account. The Market to Transaction Value metric [...]