[Glassnode and Ark Invest launch Bitcoin Network’s “Cointime”]
Blockchain data company Glassnode teamed up with encryption investment company Ark Invest to launch a new Bitcoin economic indicator model "Cointime". This model combines more than 30 new network indicators, advanced pricing models and valuation methods.
The core of the Cointime model is based on coinblock, which is the basic unit of the Bitcoin network and the supply dimension of coins. The model divides the currency supply into Active and Vaulted parts, laying the foundation for this new economic model.
Cointime not only solves the problem of lost and inactive supply of Bitcoin, but also helps estimate inflation rates, stock-to-flow ratios, and velocity, which reflect Bitcoin’s supply and demand.
The model also enhances valuation strategies such as MVRV and introduces the Active Value to Investor Value (AVIV) ratio. Glassnode said: “Through the Cointime architecture, we obtained the real average market price, which is based on a Bitcoin cost model.”
This model is explored in detail in a Cointime Economics report co-authored by Glassnode Chief Analyst James Check and ARK Research Associate David Puell.
