Crypto research group Coin Metrics recently released issue 30 of its “State of the Network” series, which ranks crypto assets by auditability. Taking into account node operation, synchronization, normal operation, code audit and extraction of ledger data, the top 10 cryptocurrencies by market cap were ranked. These were also ranked on ease of ledger reconstruction, and in both categories bitcoin cash emerged as a top-ranked, grade A crypto.
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Released on Tuesday, the Coin Metrics report goes into great detail describing the methodology for its rankings. “As well as running nodes for most major crypto assets, we also extract raw blockchain data from them to rebuild the asset’s ledger independently. This allows us to compute many of our metrics (for example, realized capitalization) but also to more deeply analyze each asset,” the post details.
Rating node operation, synchronization, normal operation, auditability of code, and extractability of ledger data, Coin…