What is on-chain data?
On-chain data is information recorded directly on the blockchain. This data includes all activities that take place in a blockchain network and is the basis for analyzing and monitoring cryptocurrency ecosystems.
Main types of on-chain data:
šµ Transactions:
Information about cryptocurrency transfers between addresses.
Transaction volumes, sender and recipient addresses, timestamps, and fees paid.
šµ Address balances:
Current balance of cryptocurrencies on specific addresses.
šµ Block data:
Block numbers, creation times, sizes, transaction counts, and block hashes.
šµ Smart contract activity:
Calls to smart contracts, interactions with DeFi protocols, and NFT data.
šµ Network Metrics:
Hash rate (mining power), mining difficulty, mempool size (pending transactions), and other indicators. 1 reply
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