We argued in the H/Rindex (Hashing Power and Robustness index) Paper and in the simplified introduction of the previous post Rindex :: The Robustness Index, that in the crypto universe it all boils down to one word “Security”. Both in our research and while we’re constructing an index to benchmark security and robustness we have come across some interesting findings and realistic models for potential lucrative attacks. We’ll discuss all of this in this article
The consensus attack cost is what it would cost to control 51% of the total hashing power of a cryptocurrency network, doing so would make it possible to 1) Prevent transactions from being confirmed, 2) Reverse recent transactions that have been sent, ‘double-spending’ your coins 3) Execute some sort of denial-of-service attacks against specific addresses like exchanges, or other miners or pools. …
The 51% attack resistance-weighted Benchmark for Global PoW Blockchain and Crypto Market
In the H/Rindex: The Hashing Power and Robustness Index, Computational Power-weighted Benchmark for Global Blockchain and Crypto Market paper published last year, we studied several modalities on benchmarking the cryptocurrencies we tried to size each blockchain network by normalizing the hashrate across different hashing algorithms creating Hindex (The Hashing Power Index) and measuring the Robustness creating Rindex (The Robustness Index) which will introduce in simplified way here.
First I wish to shed light on other benchmarks /indexs, and some really has an interesting approach.. further all imported traditional financial models and try to fit it to crypto, from the market capitalization-weighted indexes such as CRIX, Bletchley, TaiFu30, Crypto30, LBI, Smith + Crown SCI, and capped capitalization-weighted such as CRYPTO20, CCX30, and BIT20, smoothed capitalization-weighted such as CCI30, and the cherry-picked ones like ICONOMI DAA(s). …
Constructing a BlockFrame chart as a graphical representations of a series of crypto asset price movements over block heights, -instead of time- where the basic graphical frame is one block, and the multipliers n blocks used for diverse graphical chart frames.
blockFrame instead of timeframe charting, for a universe -Blockchain- where objective time doesn’t exist, and succession materialize only by mining new blocks.
The means of analyzing securities, (commodity, stock, currency or crypto) commonly to the prospect of making investment decisions; broadly divided into two main fields: 1) Technical and 2) Fundamental analysis.
While fundamental analysis involves methods to evaluate securities by attempting to measure and estimate the intrinsic value, and while often study everything from the overall economy and industry conditions to the financial condition and management of organization or whom in charge , Technical analysis employs an entirely different approach; and instead of attempt to evaluate a financial instrument, it focuses solely on the price movements in the market by means of studying statistics generated by market activity and attempt to forecast instrument prices by the recognition of trends and patterns, and mainly through the use of charts. The field of technical analysis is based on three major…