To properly assess crypto-asset risks and their potential impact on the financial system and the economy, it is necessary to complement the qualitative analysis on the linkages described (see Section 3) with quantitative information. On the one hand, the public nature of crypto-asset DLT networks generally ensures transparency, i.e. transaction data are open for the public to see and verify. On the other hand, the decentralised and (partially) unregulated nature of crypto-asset activities makes it difficult to obtain specific data (e.g. the number of individual users) and to organise systematic data collection efforts. In this context, public websites that track crypto-asset prices only provide a rough indication of market trends. Overall, available data on crypto-assets are neither complete nor fully reliable for the purposes of monitoring market trends to the degree of detail necessary to gauge their risks. Moreover, they only allow the monitoring of global trends with very limited country segregation. This section will discuss the current shortcomings in data collection and analysis, providing concrete examples, and will propose possible options to overcome major constraints.
This Giant Infographic Compares Bitcoin, Ethereum, and Other Major Cryptocurrencies
Download: https://tinurll.com/2vzB2c
People don't read online, they scan. Therefore, important and complex information is provided to the audience using infographics. Infographics are the graphical representation of important and complex information using charts, imagery and minimal text information to give an overview of the topic to the target audience. The prime focus of this infographic is to raise awareness about not just one cryptocurrency but the top 10 most popular ones in the market to people who don't have knowledge about the other cryptocurrencies.
The information presented in the infographic has been derived from a reliable and one of the most popular cryptocurrency trading platforms which have been in the industry since 2014. The datasets were for the top 10 most popular cryptocurrencies in March 2018, the data was extracted from the website using CoinMarketCap API key and R Programming language to extract only the relevant items used in the infographic to explain the data in the best possible way using data visualization principles and techniques. The variables used in the dataset were Market capitalization of these top crypto-currencies, their prices and percentage changes with respect to their own price 24 hours ago. Along with these variables, the information about when these cryptocurrencies were founded and other facts like which programming language is used for creating a cryptocurrency and which system processing algorithm is used by them are also used in the infographic, this information was taken from the respective white papers of these crypto-currencies. These variables were selected to give the audience the best possible idea about the past and the present of these top 10 currencies in a quick and clear way.
1. Vimse: This infographic tool was selected for its best offerings and a donut chart was one of them, as comparison of different cryptocurrency and their proportion was involved and bar-chats were already used for other information this chart was selected, another reason was spacing and angle selection of start of the pie-chart which is not offered in every tool. This made it possible to effectively utilize the space for so many cryptocurrencies in Visme.
Special thanks to Junik Studio ( or ) who made it possible to make this design infographic by making cryptocurrencies icons publicly available. CrytoMarketCap website also gave API access to such large and useful data which made this design possible. 2ff7e9595c
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