CIP-0046: Add Coin Metrics as a Weight 1 Super Validator
- Hello,Please find the CIP-0046 open for discussion at the PR https://github.com/global-synchronizer-foundation/cips/pull/17In order to move to a vote we are requesting a Super Validator to sponsor the CIP and a second Super Validator to endorse the CIP.Any SV sponsors/endorses or changes needed?Dr. Amanda L. Martin
814-359-6544Director of Program Management - DA is happy to sponsor this CIPAnyone willing to second?
- toggle quoted message Show quoted textBR will second thisThanks
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MPCH is also in favor
From: cip-discuss@... <cip-discuss@...> on behalf of Prakash Neelakantan via lists.sync.global <prakash.neelakantan=broadridge.com@...>
Date: Friday, February 7, 2025 at 10:40 AM
To: cip-discuss@... <cip-discuss@...>
Subject: Re: [cip-discuss] CIP-0046: Add Coin Metrics as a Weight 1 Super ValidatorYou don't often get email from prakash.neelakantan=broadridge.com@.... Learn why this is important
BR will second this
Thanks
From: cip-discuss@... <cip-discuss@...> on behalf of Eric Saraniecki via lists.sync.global <eric=digitalasset.com@...>
Sent: Friday, February 7, 2025 10:39 AM
To: cip-discuss@... <cip-discuss@...>
Subject: Re: [cip-discuss] CIP-0046: Add Coin Metrics as a Weight 1 Super ValidatorDA is happy to sponsor this CIP Anyone willing to second? _. _,_. _,_ Links: You receive all messages sent to this group. View/Reply Online (#28) | Reply to Group | Reply to Sender | Mute This Topic | New Topic Your Subscription | Contact Group
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DA is happy to sponsor this CIP
Anyone willing to second?
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Is there any way to get additional detail as to what Coin Metrics means by “integrate Canton MainNet data into their analytics products”? That’s a bit vague, not sure how to measure success there.
Thanks
Chris
From: cip-discuss@... <cip-discuss@...> On Behalf Of Kinga Bosse via lists.sync.global
Sent: Friday, February 7, 2025 9:57 AM
To: cip-discuss@...
Subject: [ext] Re: [cip-discuss] CIP-0046: Add Coin Metrics as a Weight 1 Super ValidatorMPCH is also in favor Kinga Z. Bosse COO|MPCH|www. mpch. com Book time to meet with me From: cip-discuss@ lists. sync. global <cip-discuss@ lists. sync. global> on behalf of Prakash Neelakantan via lists. sync. global <prakash. neelakantan=broadridge. com@ lists. sync. global>
MPCH is also in favor
From: cip-discuss@... <cip-discuss@...> on behalf of Prakash Neelakantan via lists.sync.global <prakash.neelakantan=broadridge.com@...>
Date: Friday, February 7, 2025 at 10:40 AM
To: cip-discuss@... <cip-discuss@...>
Subject: Re: [cip-discuss] CIP-0046: Add Coin Metrics as a Weight 1 Super ValidatorYou don't often get email from prakash.neelakantan=broadridge.com@.... Learn why this is important
BR will second this
Thanks
From: cip-discuss@... <cip-discuss@...> on behalf of Eric Saraniecki via lists.sync.global <eric=digitalasset.com@...>
Sent: Friday, February 7, 2025 10:39 AM
To: cip-discuss@... <cip-discuss@...>
Subject: Re: [cip-discuss] CIP-0046: Add Coin Metrics as a Weight 1 Super ValidatorDA is happy to sponsor this CIP Anyone willing to second? _. _,_. _,_ Links: You receive all messages sent to this group. View/Reply Online (#28) | Reply to Group | Reply to Sender | Mute This Topic | New Topic Your Subscription | Contact Group
DA is happy to sponsor this CIP
Anyone willing to second?
This message and any attachments are intended only for the use of the addressee and may contain information that is privileged and confidential. If the reader of the message is not the intended recipient or an authorized representative of the intended recipient, you are hereby notified that any dissemination of this communication is strictly prohibited. If you have received this communication in error, please notify us immediately by e-mail and delete the message and any attachments from your system.
This e-mail and any attachments may contain information that is confidential and proprietary and otherwise protected from disclosure. If you are not the intended recipient of this e-mail, do not read, duplicate or redistribute it by any means. Please immediately delete it and any attachments and notify the sender that you have received it by mistake. Unintended recipients are prohibited from taking action on the basis of information in this e-mail or any attachments. The DRW Companies make no representations that this e-mail or any attachments are free of computer viruses or other defects. - From Ryan Duthe @ Coin Metrics ...Thanks for relaying the question from the vote Eric: "integrating Canton MainNet data into their analytics products" This is a bit vague, not sure how to measure success. It's a good question and I'm glad they asked.In response, I've attached a high level overview of what our Network Data product is in the pdf below. In general, we bucket Network data under the following segments:
- Addresses - Address metrics provide a proxy for users on a blockchain/network.
- Economics - Info on mining and potential valuation frameworks for a blockchain.
- Fees and Revenue - Data on how "cheap or expensive" transactions are and different fee dynamics.
- Mining - Difficulty, hash rate, etc. only when applicable.
- Network Usage - Metrics that measure blockchain network activity.
- Supply - Visibility into the total number of coins for a network/blockchain. (free float versus locked and distribution).
- Transactions - Summarize the movement of coins on-chain from one address to another and their value.
- Wallets - Represent groups of addresses that we estimate are owned by the same entity. In order to group addresses together, we employ a clustering methodology based on well-established industry standards.
As an example an asset like Ethereum has 450+ metrics we cover in our network data product, whereas something like XRP has about 120 metrics. Each blockchain as you know is different and so it requires a different lens to be used depending on use cases and the architecture of the chain itself.To finally answer the question given the above context, we don't know affirmatively the exact number of metrics we can cover on Canton over time yet. Once our node is up we can begin narrowing down which Canton data fits within the buckets listed above. As an example though, our institutional clients (and current and potential Canton users) will then be able to compare things like transaction sizes and transaction costs over time for Canton versus other major blockchains and understand the value propositions of Canon versus other networks.Happy to chat more on this if there are more questions and thanks for your help!Best,Ryan
