CryptoYC Sector Weekly _ Week 29 of 2020

Posted by The Best DApp Games on
CryptoYC focuses on investment incubation in the blockchain field, focusing on DeFi, Web3, economic infrastructure, anonymous privacy, etc. We have developed the CryptoYC Benchmark, a specialized due diligence system for blockchain tasks, and provide consulting services such as homework on blockchain tasks for institutions and other professional investors.
This is actually the 32nd chapter of the CryptoYC industry weekly report, and it is a great way for CryptoYC to communicate with investors. A weekly article helps investors understand the modifications in various directions of the industry and the weekly practice of CryptoYC.
The Crypt oYC industry weekly report will popularize and introduce popular topics weekly. In the 4th 7 days of July 2020, this week introduces the worthiness of Ethereum.
Ethereum works more effectively than pure cryptocurrency. Through Ethereum, customers can make any decentralized software (ie DApp) and smart contract. In theory, programmable Ethereum can be used for any financial or governance actions.
On Ethereum, it is possible to manage electronic assets and run programs by writing codes, and much more importantly, most of these are not restricted by geographic areas. Ethereum has opened a doorway to the global economic climate. Users just need to use the Internet to access applications, products, and providers in a trustless manner. Everyone can connect to the Ethereum network and personally participate in this type of digital economy with no need for an authorized.
Text 1: On-chain ecology
The activity on the blockchain weakened slightly this week. By July 20, 2020, in accordance with DAppTotal data, the number of ETH DApp every week active addresses reached 801,300, the weekly transaction amount reached 172.73 million U.S. bucks, and the number of transactions reached 2.181 million.
The number of nodes in the Lightning Network reached 13,152, and the amount of locked Bitcoins reached 994.20. The nodes of the Lightning System continued to keep rapid growth this week.
The quantity of DeFi locked up in the Ethereum ecosystem amounts to 3.6 million ETH. CryptoYC continues to pay attention to products predicated on blockchain finance, and welcomes new DeFi products and new teams to get hold of and communicate.
1. Github activity
Github may be the world's largest code storage internet site and developer neighborhood. Through Github, we can understand the improvement of various blockchain projects and the main development tendencies of the industry.
Shape 1.1: Github exercise ranking
Databases: CryptoYC
2. DApp
DApp is a distributed program, which is a expression relative to traditional APP. As an application based on smart agreements, it is not controlled by a solitary entity. The 3rd party does not have the correct to regulate and modify the user's information. At the moment, it is mainly utilized in DeFi, games, gambling along with other fields.
2.1 Number of active DApp users
It expresses the degree of user activity of the DApp and reflects the ecological scale of the DApp.
Figure 1.2: 30-day DApp consumer activity
Databases: DAppReview
2.2 Transaction amount
It expresses the total amount of encrypted assets inside circulation about the DApp and reflects the ecological level of the DApp.
Figure 1.3: 30-day DApp transaction amount
Data source: DAppReview
3. DeFi
DeFi, that is, decentralized financing. It aims to eliminate the intermediate cost of finance based on blockchain technology, thereby improving the existing financial system.
3.1 The scale of Ethereum DeFi mortgage assets
The scale of DeFi home loan assets is used to reflect the quantity of DeFi reserves and is really a core indicator to measure the advancement of DeFi ecology.
Shape 1.4: Ethereum DeFi lock-up amount
Data source: DEFI PULSE
4. Lightning Network
The Lightning Network may be the second layer payment protocol on Bitcoin, whose purpose is to ensure instant transactions on the Bitcoin network.
4.1 Global Node Distribution of Lightning Network
The Lightning System is really a distributed infrastructure where users can build nodes to participate. The global distribution of Lightning System nodes aims to visualize the current global distribution of Lightning System nodes.
Physique 1.7: Global Node Distribution of Lightning Network
4.2 Lightning Network Data Kanban
The Lightning System Data Kanban provides comprehensive data such as the nodes of the Lightning System and the pledged Bitcoin quota.
Figure 1.8: Lightning Network Data Kanban
Data source: 1ML
2. On-chain transactions
This week, the blockchain transaction volume showed a reliable upward trend. The common transaction price of Bitcoin blocks enhanced slightly, and the common block dimension increased steadily.
1. On-chain deal volume
The transaction volume on the chain reflects the weekly transaction volume and can be used to observe the liquidity of encrypted assets on the chain.
Figure 2.1: 15-day daily transaction volume on the Bitcoin chain
Databases: TokenView
Figure 2.2: 15-day daily transaction volume on the Ethereum chain
Databases: TokenView
2. Amount of active addresses
The amount of active addresses can be used to reflect how active users are on the blockchain network.
Figure 2.3: Number of dynamic Bitcoin addresses and amount of new addresses
Databases: Tokenview
Figure 2.4: Amount of dynamic Ethereum addresses and number of new addresses
Databases: Tokenview
3. Average block size
The average block size is used to observe the data generation speed of the blockchain network and reflect the amount of network activity privately.
Figure 2.5: Ordinary Bitcoin block size in thirty days
Data source: Tokenview
Figure: 2.6: Average block size of Ethereum in thirty days
Data source: Tokenview
4. Bitcoin transaction fees per device block
Transaction fees will be the fees payed for the exchange of encrypted resources, which reflect the amount of network activity privately.
Figure 2.7: The average byte transaction charge of Bitcoin in 30 days
Data source: Tokenview
Physique 2.8: Average deal fee of Ethereum for 30 days
Databases: Tokenview
5. Address concentration
Address concentration is to track the amount of encrypted property held by users on the blockchain system, and can be used to reflect the proportion of encrypted asset prosperity and the focus of network possessions.
Bitcoin: The top two hundred holding bitcoins account for 19.08% of the total, the very best 50 keeping bitcoins account for 11.45% of the total, and the very best ten holding bitcoins take into account 5.10% of the total.
Ethereum: The very best 200 holdings of Ethereum accounted for 44.07% of the total, the top 50 holdings of Ethereum accounted for 26.74% of the full total, and the top ten holdings of Ethereum accounted for 16.00% of the total.
Shape 2.9: Bitcoin keeping concentration
Data source: TokenView
Physique 2.10: Ethereum keeping concentration
Databases: TokenView
Third, the secondary market
In the center of this week, the price of Bitcoin appeared at the bottom of the word'V' ($9073), and showed a slow rise. Futures investing volume was more sluggish and the market sentiment index was neutral.
1. TOP20 market value changes
CryptoYC counts and ranks the marketplace worth of TOP20 crypto assets weekly. Used to observe modifications in the crypto asset marketplace.
Figure 3.1: Marketplace value table of TOP20 encrypted assets
Databases: CoinMarketCap
2. Exchange investing volume
Exchange trading volume can be used to reflect the activity of spot investing of encrypted assets.
Figure 3.2: Monthly trading volume of Bitcoin exchanges
Databases: bitcoinity
3. Total every day trading level of BTC futures
The day-to-day total trading volume of bitcoin futures is an observation of the quantity of bitcoin futures trading, used to reflect the experience of the crypto asset derivatives trading market.
Figure 3.3: Day-to-day trading volume of Bitcoin futures
Data source: skew
4. CME futures open positions
The open position of CME futures is among the most important indicators of an institution's participation in the encrypted asset market, and is used to reflect the institution's participation in the encrypted asset market.
Amount 3.4: CME futures trend
Databases: skew
5. The correlation of head asset trends
The correlation of the head asset trend can be used to observe the partnership between the price fluctuations of encrypted assets, and it is convenient to measure the asset allocation plan of mainstream cryptocurrencies.
Shape 3.5: Correlation of head asset trends
Databases: skew
6. Bitcoin and gold price chart
Bitcoin and gold price chart, summarizes the price chart of Bitcoin and gold, more intuitively reflects the price trend and romantic relationship in between Bitcoin and gold.
Body 3.6: Bitcoin and gold cost correlation diagram
Databases: skew
7. Bitcoin and S &P500; price chart
S&P500;, or S&P 500, is an indicator that displays the US economy. Bitcoin and S&P500; cost charts are used to reflect their volatility correlation.
Body 3.6: Bitcoin and S&P500; correlation diagram
Databases: skew
8. Market sentiment index
The marketplace sentiment index is compiled by alternative, which displays the fear/greed tendency of marketplace traders.
Figure 3.7: 30-day marketplace sentiment index
Data source: alternative
4. BTC mining
In accordance with BiHang data, Bitcoin's computing power is usually 105.6EH/s; the issue of Bitcoin's whole network is 17.3T, the complete network's computing power is reduced, and the difficulty is increased.
1. Bitcoin processing power
The whole Bitcoin network computing power can be used to reflect the full total cost of the Bitcoin network.
Figure 4.1: Month to month Bitcoin hashrate chart
Data source: bitinfocharts
2. Bitcoin mining difficulty
The difficulty of Bitcoin mining is used to reflect the issue of obtaining income for miners.
Number 4.2: Bitcoin mining difficulty
Data source: bitinfocharts
3. Bitcoin processing power share
Bitcoin's computing power share can be used to reflect the switch inside the proportion of Bitcoin mining pool's computing strength, which shows the focus of Bitcoin's computing power privately.
Physique 4.3: Bitcoin hashrate share in seven days
Databases: BiHang
Body 4.4: Bitcoin processing power share in March
Data source: BiHang
Previous articles
CryptoYC Business Weekly | Week 28, 2020
CryptoYC Market Weekly | Week 27 of 2020
CryptoYC Business Weekly | Week 26, 2020

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