CoinMarketCap (CMC), which comes out in november, with a new set of rules for a fair and honest way. CMC is one of the most popular and the largest web sites to get data about bitcoin and other cryptomunten what they mean.
You will want to wash and trading capabilities. This will allow you to get yourself a higher on the list than you actually deserve. The CMC want to change it to a list, on the basis of the cash flow. By that measure, the dominance of bitcoin is still higher than it is now.
Contents
DATA
CoinMarketCap isn’t just about the plans during a virtual round-table discussion with a variety of cryptobeurzen as well as other projects in the world of bitcoin and crypto.
In may of this year, and decided the CMC to take steps to make nepvolumes to deal with it. A lot of cryptobeurzen was found guilty of providing false information. This will allow you to move up the rankings and gain more exposure.
To prevent this, the Data Accountability & Transparency Alliance (DATA) is called. Including but not limited to, other Binance, Bittrex, Huobi, and OKEx.
Liquidity
The focus is now on a whole new focus on the platform for a ranking on the basis of the liquidity of each currency in each market. That is, it is not easy to keep up with. During the presentation, it was clear that this was also a problem, but the liquidity is constantly changing and it is a little hard to follow.
However, when the CMC is holding on to the current list on the basis of pure volume, it should be re-designed. Cheating is easy, and it is mass made.
If you have the liquidity, if the starting point is used, then bitcoin is even more dominant than it is now listed on CoinMarketCap. According to the researchers of the Arcane Research in the areas of liquidity, bitcoin and the rest of the market is more than a boss, 90% of the liquidity in cryptobeurzen it comes to BTC.
The researchers suggest that, in this way, by arranging an even bigger problem for altcoins. The power of bitcoin is, according to them, it is a good indication for the people to have a choice to make.
‘Liquidity is everything when it comes to money, according to the researchers. It also stands to reason that the BTC, but at this point, so scores well on these counts: on almost any cryptobeurs are ruilparen with bitcoin to find out. Can you think of any other currency, have to say.
Self-report
Another thing that was pointed out during the interview is itself the data. If you have a lot of data to collect, and you get a reward in the form of a patch. As the system is, for example, your LinkedIn profile.
Things like the Know-Your-Customer (KYC) rules, the location of your office, and order books to share, ensure that and click on it. The question is, of course, is: why should a party be suddenly be completely honest with you. And what is this kind of a digital sticker on the CMC of your brand and company.
That all remains to be seen. In any case it is clear that they will not sit still in the CMC, and the sense that something needs to be done. As it is, remains a highly competitive world. Also in the field of web pages in the world of bitcoin and the others cryptomunten.
Source: Cointelegraph
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