#OnChainInsights The term "onchain inside crypto" refers to the analysis of data stored directly on the cryptocurrency blockchain. This analysis allows for a deep understanding of the processes occurring within the network. Here are the key aspects:
What is "onchain"?
* "Onchain" means "within the blockchain." It refers to any data and transactions that are recorded directly on the blockchain.
* In contrast to "offchain" (outside the blockchain), which refers to transactions and data processed outside the blockchain (e.g., on centralized exchanges).
What does "onchain inside crypto" include?
* Transaction analysis: Studying fund flows, transaction volumes, wallet activity.
* Wallet analysis: Tracking the actions of large holders (whales), identifying suspicious activity.
* Smart contract analysis: Studying the code and execution of smart contracts, identifying vulnerabilities.
* Network activity analysis: Assessing network congestion, transaction speed, miner/validator activity.
* Tokenomics analysis: studying the distribution of tokens, inflation rates, and other data that help assess the economic component of the project.