CoinDesk Research’s 2017 State of Blockchain report summarizes key trends, data and events in the public and enterprise blockchain sectors in 2016.
This article previews six of the key takeaways as identified by our research team. To download the full report, visit CoinDesk Research.
2016 signified a strong shift in several areas of the blockchain industry.
Announced today, CoinDesk’s State of Blockchain 2017 report provides a 100-slide analysis of that shift – covering developments in the bitcoin, public blockchain and enterprise distributed ledger technology (DLT) sectors.
Our full report dives into these takeaways, as well as overall data and trends in the public blockchain space.
Here, we highlight six of the most significant trends that defined both Q4 and over the last 12 months.
1. Bitcoin’s ‘true volume’ revealed
Bitcoin’s 2016 exchange data tells a complicated story.
Looking back, for example, the three largest China-based exchanges (OKCoin, Huobi and BTCC) at first appear to account for 94% of the global annual volume. Using simply reported volumes, 459 million bitcoins were traded in Q4 2016, more than a three-fold increase from Q4 2015.
But, since China has historically offered no-fee bitcoin trading, these numbers, however record-breaking, had always
Read more ... source: CoinDesk
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