CoinMarketCap Launches Crypto Data Apps With Added Features
Cryptocurrency data provider CoinMarketCap has launched its first Android app and revamped its Apple iOS product.
Notably, the apps offer features not yet available on CoinMarketCap’s website, including portfolio tracking, candlestick charts and side-by-side cryptocurrency comparisons, as well as price alerts and user accounts, the data provider announced Tuesday.
“We believe that our users will like the new style and the features we’ve added to these apps, and we’ll continue to update the app regularly based on the feedback we receive,” said CoinMarketCap’s global head of marketing, Carylyne Chan.
Users will have to sign up for a CoinMarketCap account on the apps in order to save their portfolios or watchlists. The firm said it also plans to allow app accounts to be synced with the website at some point in the future.
The mobile products also feature a section for crypto “gainers” and “losers,” as well as curated industry news, CoinMarketCap said. All the data provided on the apps is made available through its API product, which was last August.
Just last month, CoinMarketCap also two benchmark indices covering the top 200 cryptocurrencies by market capitalization – one with bitcoin (BTC) and the other without – on financial data feeds from Nasdaq Global Index Data Service (GIDS), Bloomberg Terminal, Thomson Reuters Eikon (Refinitiv) and Germany’s Börse Stuttgart, as well as on its own platform.
The data provider also recently crypto asset letter grades to its platform from blockchain analytics startup Flipside. The Fundamental Crypto Asset Score (FCAS) metric developed by Flipside evaluates factors such as developer activity and a broad set of transaction data.
CoinMarketCap its iOS app in May of last year on the occasion of its fifth anniversary.
While bitcoin Unlimited is gaining traction among miners, only a handful of bitcoin companies are in favor of its bigger block and Emergent Consensus proposal.
Breakdown by Company
The scaling debate in which two predominant bitcoin improvement proposals, SegWit and bitcoin Unlimited, are competing for miners’ support is becoming more and more intense.
As the debate escalates, supporters from both sides are now threatening to push for (both soft and hard). While bitcoin Unlimited is considered the most popular proposal in terms of , a look at the that support it or SegWit reveals the exact .
As of this writing, out of the companies listed in , 66 support SegWit and 58 are ready for it. Only 8 companies oppose SegWit.
On the BU side, there are 27 in favor, with 9 companies ready for it. This means that 70% of companies actively support SegWit, compared to 20% for BU. The other 10% are undecided or “unknown”. The companies that support BU include:
It should be noted that even among the 9 companies that are ready for BU, two also support SegWit (Electrum and Trezor) and 5 are ready for SegWit (including Bitfinex and Gemini).
It’s also worth noting that some of the companies that are against bitcoin Unlimited are not even supporting SegWit. They are simply opposed to BU’s Emergent Consensus.
Meanwhile, 4 of the 8 companies that oppose SegWit and are all signaling for BU are mining pools.
Who Supports What?
We can see that some predominant exchanges like Poloniex, LocalBitcoins, CoinCheck and others are ready for SegWit, while other names like BTCC, Xapo and Bitso support it.
On the BU side, in addition to bitcoin.com, Magnr, BitAddress.org, and several BTM providers, the biggest names by far are mining pools such as Bitmain’s Antpool, ViaBTC and GBMiners. However, the independence of these mining pools has recently by the community.
Chinese pool to launch its overseas exchange in the second half of 2017, and raised ￥20 million (Round A), led by Bitmain
At the same time, the only major exchanges that support BU also support SegWit, including OKCoin, Bitfinex (ready) and Gemini (ready).
The companies that actively oppose SegWit include 4 mining pools and 4 other small companies that don’t have much bearing in the bitcoin ecosystem. Conversely, among the companies that oppose BU actively, we find names like BitGo, Vaultoro, Bitsquare, and GreenAddress.
Among the undecided, we still have names like Bitstamp, Bittrex, Bitmex, Kraken, and others.
bitcoin Businesses Generally Against BU, Hard Fork
The general animosity towards bitcoin Unlimited can also be observed in the industry letters that have been signed so far. For example, a list of nearly 20 exchanges has signed a hard fork in which the BU token would be listed as BTU or XBU.
Canada’s bitcoin ecosystem has also produced in which a large number of economic nodes operators signaled their rejection for BU and proposed industry guidelines for hard forks.
Moreover, the data is also reflected (despite varying data depending on the course) by the share of bitcoin Core (84-91%) nodes among total network nodes compared to bitcoin Unlimited’s (2-9%).
The conclusion that can be draw from this data is that despite the growing popularity of bitcoin Unlimited among mining pools, bitcoin companies as well as user nodes are largely opposed to the bitcoin Unlimited proposal.
Would you boycott a company based on their support or lackthereof? Let us know in the comment below!
Images courtesy of Coin.dance, Shutterstock, nodecounter.com
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