A brief look at on-chain metrics of the largest L1s

By looking at the largest crypto assets by market cap, it’s apparent that most of the projects that are worth the most are still Layer-1 blockchains. This is despite the fact that the vast majority of these blockchains have very little on-chain activity.  While it’s hard to distinguish between the real economic activity and inflated […]
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Dec 7, 2020, 11:32AM UTC

Litecoin Foundation 2Q19 update: Reserves increase as Litecoin's price appreciation more than offsets operating loss

The Litecoin Foundation recently released its unaudited financial statements for 2Q19. As noted previously by The Block, the foundation had received a sizable $468,000 donation from Litecoin founder, Charlie Lee, back in late 2017, but the organization has since been eating through its reserves to pay its operating expenses. In 2Q19, the organization showed signs […]
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Oct 17, 2019, 10:42PM UTC