By Heidi Wilder, Senior Associate, Coinbase Special Investigations Team
Notice how most large exchanges at the time are present: Kraken, Poloniex, Bitfinex, etc. Can you guess which one(s) are missing?
Hopefully, at this point it’s fairly evident that an external observer cannot possibly gain a full picture or claim 100% confidence in attribution. Keep in mind, when it comes to blockchain, everyone is an external observer, with the exception of addresses you control.
Stay tuned for the second part, where we’ll dive deeper into examples of how blockchain analytics can both enlighten and confuse.
Part 1: Blockchain Analytics is More of an Art Than Science was originally published in The Coinbase Blog on Medium, where people are continuing the conversation by highlighting and responding to this story.
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Author: Coinbase
