Checkmate, on-chain analyst at Glassnode and Ready Set Crypto, joins Sebastian Moonjava, Real Vision associate crypto editor, to discuss the value of on-chain analytics, Bitcoin cycles, and an overview of Decred. Checkmate explains that on-chain analytics is the observation of transaction flows on-chain, allowing analysts to see patterns in the data such as how long since a coin was last spent or whether miners are holding or selling coins. This data can be extremely useful as it can indicate whether current prices are healthy or potentially overvalued. He explains that the historical data of Bitcoin demonstrates that price action is strongly cyclical, mentioning that we now have three clear data points from previous bear and bull markets showing a cyclical trend. Checkmate also discusses the Decred project, and he explains that one of the most interesting aspects of Decred is its hybrid consensus model, meaning that it uses both proof of work and proof of stake for its security. Some other notable features of Decred is its unique treasury and governance features. Filmed on February 16, 2021.
Key Learnings: On-chain analytics provide real time data about transaction flows, and this data can be used to find useful patterns or valuation health. Historical data seems to indicate cyclical patterns, similar to a boom and bust cycle for Bitcoin. Checkmate also talks about Decred, which uses a hybrid proof of work and proof of stake model for its security.
Thanks for watching Real Vision Crypto!
Check out the full interview here!: http://bit.ly/3ccHUGb
Subscribe to our channel now for more videos like this one: http://rvtv.io/SubscribeRVCrypto
About Real Vision™:
Real Vision™ is where you can gain an understanding of the complex world of finance, business and the global economy with real in-depth analysis from real experts.
Connect with Real Vision™ Online:
Real Vision Crypto: http://rvtv.io/RealVisionCrypto
Twitter: https://rvtv.io/twitter
Instagram: https://rvtv.io/instagram
Facebook: https://rvtv.io/facebook
Linkedin: https://rvtv.io/linkedin
Disclaimer:
This is pretty obvious, but we should probably say it anyway so that there is absolutely no confusion…The material in REAL VISION GROUP video programs and publications {collectively referred to as “RV RELEASES”} is provided for informational purposes only and is NOT investment advice. The information in RV RELEASES has been obtained from sources believed to be reliable, but Real Vision and its contributors, distributors and/or publisher, licensors, and their respective employees, contractors , agents, suppliers and vendors { collectively, “Affiliated Parties”} make no representation or warranty as to the accuracy, timeliness or completeness of the content in RV RELEASES. Any data included in RV RELEASES are illustrative only and not for investment purposes. Any opinion or recommendation expressed in RV RELEASES is subject to change without notice. RV Releases do not recommend, explicitly nor implicitly, nor suggest or recommend any investment strategy. Real Vision Group and its Affiliated Parties disclaim all liability for any loss that may arise (whether direct indirect, consequential, incidental, punitive or otherwise) from any use of the information in RV RELEASES. Real Vision Group and its Affiliated Parties do not have regard to any individual’s, group of individuals’ or entity’s specific investment objectives, financial situation or circumstance. RV RELEASES do not express any opinion on the future value of any security, currency or other investment instrument. You should seek expert financial and other advice regarding the appropriateness of the material discussed or recommended in RV RELEASES and should note that investment values may fall, you may receive less back than originally invested and past performances is not necessarily reflective of future performances. Well that was pretty intense! We hope you got all of that – now stop reading the small print and go and enjoy Real Vision.
Информация по комментариям в разработке