BitRss.com latest World Crypto News

Search and discover the latest Cryptocurrency updated Stories in Categories

24-7 World Cryptocurrency News about Blockchain, Technology and much more, only from Top Leading Sources

Commitment to Our Vision

A message from our founder:
Coin Metrics was founded in pursuit of a simple enough vision: characterize the economic nature of the activity on public blockchains. Born as a noncommercial research project, the first iteration was simply charts, data downloads, and some open source tooling dedicated to publishing on-chain data drawn from Bitcoin and its peers. At the core of that work was a simple idea: regular users should have the ability to monitor the key economic outputs of public blockchains. Ideally, the data would be simple, well-documented, de-noised, comprehensible, and free.
Initially, as a side project, it was funded by community donations as well as the founders themselves. In 2018, the project was reoriented into a more commercial entity with the arrival of CEO Tim Rice. CM brought to market a commercial version of the network data product, and, recognizing the lack of credible market data, added business lines dedicated to reference rates and index provision. Later on, CM came to realize that service providers relying on blockchain infrastructure were severely lacking in their ability to detect and remediate anomalies and settlement impairments, so they developed novel network risk measures.
Today, CM offers a full suite of crypto data products, covering the networks themselves, tick by tick exchange data, indexes, and network risk management tools. Much has changed since its origins as a free and open source set of tools, but the core vision remains the same. Even though we maintain a thriving commercial business, CM is as committed as ever to fostering an open data environment around public blockchains. Anyone should be able to run a node and verify key measures like supply or economic throughput, and we fully embrace the philosophy of  don’t trust, verify . But blockchain analytics — especially when cross-chain comparisons are sought — can be cumbersome. Thus our community product, offering a blend of market and network data on a number of blockchains, freely downloadable and exportable, is used by thousands daily.
And as we refine our products elucidating the underlying risks and failure modes of these blockchains — whether it’s inflation bugs, reorgs, stoppages, or fee instability — we plan to produce free dashboards . No one administers blockchains like Bitcoin, and so it’s up to the community to monitor and evaluate the performance of these systems. This information should not be closed but available to all.  Today, CM is the premier full-service crypto data firm catering to an institutional audience. Our data is used by some of the largest names in crypto.  While you might expect that our institutional slant would impair our commitment to free data, precisely the opposite is the case. We are more committed than ever to making our network and market data freely available for general use, and we have more resources than ever to make it happen. The open source side of our business is more vibrant than ever, precisely because the commercial wing is doing so well. And this isn’t just a contrived effort to win goodwill — the desire to make blockchain data easy to access is the entire reason Coin Metrics exists. We are excited to continue to honor this commitment for many years to come.  
The post Commitment to Our Vision appeared first on Coin Metrics .

BitRss.com shares this Contents always with License.

Thank you for Share!

   
Tumblr
LinkedIn
Reddit
VK

WhatsApp
Telegram

Cool to know huh? Read the full Article

Read the full Article:  ⭲ Commitment to Our Vision


Search about Crypto News


BITRSS | CRYPTOCURRENCY WORLD NEWS

The latest Top News, only from Leading exponents of BlockChain, Bitcoin and different Accredited Crypto Currency Sources.

Since 2015, our Mission was to Share, up-to-date, those News and Information we believe to represent in an Ethical and sincere manner the current Crypto Currencies World: everything you are looking for, in one place!

We have always tried to give priority to the News; for this reason we have designed BitRss.com simple and intuitive, usable by all Devices, fast and effective.


| LEARN MORE ABOUT |

Today Most Popular News