Breaking Byzantine Fault Tolerance
In this week’s State of the Network, we dive into the method and findings of the paper Breaking BFT: Quantifying the Cost to Attack Bitcoin and Ethereum and review the importance of network security and resistance to attack.
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Monitoring the Currents of the Crypto Market
The digital asset market is experiencing a surge in activity as we kick off the new year. Bitcoin is up 36% in January rising to $22,500, its highest level since last summer.
Bitcoin Supply Trends
In the aftermath of last year’s market downturn and eventful year in the digital assets space, what are some observations we can make about BTC’s supply dynamics? Using Coin Metrics’ Network Data—sourced from our Bitcoin nodes—we have identified two key [...]
The State of DeFi Tokens in 2023
In this issue of the State of The Network, we take a look at the latest developments of tokens in the DeFi space, including market dynamics, supply statistics and measures of adoption.
State of the Network’s 2023 Crypto Market Outlook
In this special edition of State of the Network, we share our thoughts on the biggest trends to watch out for in the crypto markets in 2023.
The Best of State of the Network in 2022
In this special edition of State of the Network, we look back at some of the Coin Metrics Research team’s favorite issues from 2022. Data visualization has always been an important part of SOTN, and this year, we’ve segmented content by our [...]
The State Of The Network 2022 Year In Review
In this special edition of State of the Network, we take a data-driven look at the biggest stories from 2022.
State of the Network’s Q4 2022 Mining Data Special
In this special edition of State of the Network, we take a data-driven look at the Bitcoin mining ecosystem in Q4 2022.
Tracking Exchange Wallets
In this week’s State of the Network, we discuss how to track crypto asset exchange balances on public blockchains as well as some of the difficulties. We conclude with some data from Gemini to illustrate some of the key ideas.
A Look at Stablecoins and Other On-Chain Derivatives
Crypto market participants continue to recalibrate following the abrupt shocks emanating from FTX’s woes. As we have covered in recent editions of State of the Network, the on-chain footprint of Alameda’s wallets stretched long and far across many crypto assets and blockchains. As [...]