Diving deep on everything from the foundational to the bleeding edge
By Coin Metrics|2021-03-03T01:44:15+00:00December 14, 2018|Original Research, Product Announcements|
The motivation for the creation of Realized Cap was the realization that “Market Capitalization” is often an empty metric when applied to cryptocurrencies. Market Capitalization, borrowed from the world of equities, is calculated for cryptocurrencies as circulating supply * latest [...]
By Coin Metrics|2021-03-03T01:43:25+00:00November 22, 2018|Original Research|
tl;dr: under full SegWit adoption you should expect blocks in the 1.6-2 mb range, with larger outliers. How big will Bitcoin blocks get under reasonable assumptions? This investigation began with the simple realization that Bitcoin had recently hit an all [...]
By Coin Metrics|2021-03-03T01:37:31+00:00June 27, 2018|Original Research, Product Announcements|
As we have exhaustively covered, getting accurate estimates of the actual economic throughput of public blockchains is not a trivial task. Due to the existence of mixers, self-churn, privacy enhancements, spam, and change outputs (in UTXO chains), raw estimates of [...]
By Coin Metrics|2021-03-03T01:31:07+00:00May 20, 2018|Original Research|
On May 6th, 2017, Bitcoin hit an all-time high in transactions processed on the network in a single day: it moved 375,000 transactions which accounted for a nominal output of about $2.5b. Average fees on the Bitcoin network had climbed [...]
By Coin Metrics|2021-03-03T01:38:17+00:00January 30, 2018|Original Research|
Being certain is a lovely thing. Despite what many would allege about the poor finality of proof of work, the relative certainty it provides is part of the appeal. Once that inbound transaction is buried six confirmations deep, it’s almost [...]
By Coin Metrics|2021-03-03T01:23:17+00:00January 19, 2018|Original Research|
We are happy to report that this site is getting quite a bit of attention these days. We never anticipated this when we first decided to put together a public repository of cryptocurrency data. With lots of attention comes lots of [...]
By Coin Metrics|2021-03-02T13:11:44+00:00June 28, 2017|Original Research, Product Announcements|
If you’ve been following coinmetrics closely, you might be convinced of the usefulness of our network value to transactions metric (NVT) in determining relative value. However there is an important caveat that must be mentioned. […]
By Coin Metrics|2021-03-02T13:10:28+00:00June 19, 2017|Original Research|
Litecoin is a remarkable cryptocurrency. Of the seven currencies we profiled, its MTV ratio is among the steadiest (in our sample period of the last two years). Only bitcoin boasts a stabler market to transaction value. (Read our intro to [...]
By Coin Metrics|2021-03-02T13:09:02+00:00June 14, 2017|Original Research|
Our very first contribution to the body of research on cryptoassets is one we think will become mainstream as this discipline matures. It has intuitive strength – the market to transaction value ratio makes diverse cryptoassets easily comparable. This ratio [...]
By Coin Metrics|2021-02-06T02:27:45+00:00June 12, 2017|Original Research, Product Announcements|
Currency serves as a medium of exchange, store of value, and unit of account. The Market to Transaction Value metric captures its efficacy at enshrining that first property. Please note: By consensus, we have renamed the “MTV” (market to transaction [...]
