Category: 3. Measuring crypto adoption

The metrics we’ve introduced represent the most commonly used examples. They are freely available for anyone with the know-how to harvest from Bitcoin’s blockchain, or any other open blockchain for that matter, but are just the tip of iceberg in terms of potential measures of Bitcoin’s health.  For those that really want to explore data… Continue reading Going deeper with metrics

With the means to establish Bitcoin’s scarcity and security, we can essentially measure its effectiveness as sound money. That information, is however, meaningless unless we know whether anyone is actually using it. Given its open source nature, we can access a number of useful usage metrics: Number of Blockchain Addresses This is the raw measure of… Continue reading Measuring Usage

There is no point in a scarce money that isn’t secure. The role Miners play is not only to ‘issue’ new bitcoin, they also secure the network and that security can also be measured in an objective way, which is crucial – it is known as Hash Rate. Hash Rate is the estimated computing power… Continue reading Security and Hashrate

Previous articles on Learn Crypto have explained the role played by different participants. One of the key participants are Miners who are crucial to the issue of scarcity as they generate new bitcoin – also known as issuance. It is crucial that issuance is predictable and smooth, and again data can prove this process is happening as… Continue reading Measuring Bitcoin Issuance

In the very first lesson on the basics of cryptocurrency we explained that Bitcoin represents a new phase in the evolution of sound money, through the achievement of digital scarcity.  Please go back and refresh your memory, if the concept still isn’t clear, because scarcity is fundamental to the success of any store of value or… Continue reading Is Bitcoin Achieving Scarcity?

As Bitcoin is the most important cryptocurrency, and has been around the longest, we’re going to look at measuring its health. You can then apply the same approach to other cryptocurrencies, adapting the metrics based on their differing objectives and designs.  Remember Bitcoin is a new form of internet money, whereas other cryptocurrencies are trying… Continue reading Bitcoin`s Health Metrics

Learning about cryptocurrency tends to follow clear phases; Learn Crypto applies this phased approach in structuring our content around the basics of cryptocurrency. By now you should have learned what cryptocurrency is and does, then hopefully followed its development and understood different ideas about how and where it will grow, as well its limitations. The… Continue reading Measuring crypto adoption

What you’ll learn: Metrics that measure Bitcoin adoption & use How to measure Bitcoin’s scarcity & inflation What Bitcoin’s Hashrate measures Measures of Bitcoin usage