鏈上數據：對加密投資者和開發人員意味著什麼

在迅速發展的加密貨幣世界中，“鏈”一詞越來越重要。

In the rapidly evolving world of cryptocurrency, the term "on-chain" has gained increasing prominence. Whether it’s blockchain enthusiasts, investors, or developers, the term is being discussed more than ever. But what does it actually mean? Why is it becoming such a focal point, and how does it impact the cryptocurrency market? Let’s talk about something that has become an integral part of investing – on-chain data.

在快速發展的加密貨幣世界中，“鏈”一詞越來越重要。無論是區塊鏈愛好者，投資者還是開發人員，該術語都比以往任何時候都更加討論。但是這實際上是什麼意思？為什麼它成為這樣的焦點，以及它如何影響加密貨幣市場？讓我們談談已經成為投資不可或缺的一部分的內容 - 鍊鍊數據。

This article delves into the importance of on-chain data, its role in the broader crypto ecosystem, and how it is reshaping everything from market analysis to decision-making.

本文深入研究了鏈上數據的重要性，其在更廣泛的加密生態系統中的作用以及如何重塑從市場分析到決策的所有內容。

What is On-Chain Data?

什麼是鍊鍊數據？

On-chain data refers to the information recorded directly on the blockchain, the underlying technology that powers cryptocurrencies like Bitcoin and Ethereum. Essentially, on-chain data is any activity, transaction, or event that is permanently recorded on the blockchain and is visible to all participants in the network.

鏈上數據是指直接記錄在區塊鏈上的信息，該信息是為比特幣和以太坊等加密貨幣提供動力的基礎技術。本質上，鏈上數據是永久記錄在區塊鏈上的任何活動，交易或事件，並且對網絡中的所有參與者都可以看到。

Key characteristics of on-chain data include:

鏈上數據的關鍵特徵包括：

Transparency: Every action on the blockchain is public and verifiable.

透明度：區塊鏈上的每個動作都是公開且可驗證的。

Immutability: Once data is recorded on-chain, it cannot be altered or deleted, making it highly reliable.

不變性：一旦將數據記錄在鏈上，就無法更改或刪除數據，從而使其非常可靠。

Security: Blockchain’s cryptographic nature ensures that the data is secure and resistant to tampering.

安全性：區塊鏈的加密性質可確保數據安全且可抵抗篡改。

Examples of on-chain data include:

鏈接數據的示例包括：

Transactions: Transfers of cryptocurrencies from one address to another.

交易：加密貨幣從一個地址轉移到另一個地址。

Smart contract interactions: When users execute smart contracts on platforms like Ethereum.

智能合約互動：當用戶在以太坊等平台上執行智能合約時。

Token movements: The transfer of ERC-20 tokens or other digital assets on blockchain networks.

令牌運動：ERC-20代幣或其他數字資產在區塊鍊網絡上的傳輸。

Staking and governance: Participating in staking activities or voting on governance proposals.

積分和治理：參與製裁活動或對治理建議進行投票。

Why is On-Chain Data Important for Crypto Investors and Developers?

為什麼鍊鍊數據對加密投資者和開發人員很重要？

On-chain data provides investors, analysts, and developers with a wealth of valuable information to make informed decisions. For investors, on-chain data is an essential tool for understanding market trends, the behavior of large holders, and the general sentiment of the community.

鏈上數據為投資者，分析師和開發人員提供了大量有價值的信息，以做出明智的決定。對於投資者而言，鍊鍊數據是了解市場趨勢，大型持有人的行為以及社區普遍情緒的重要工具。

Market Sentiment and Price Trends

市場情緒和價格趨勢

By analyzing on-chain data, investors can assess the mood of the market. For instance, when large amounts of Bitcoin are moved from exchanges to wallets, it may indicate that investors are preparing to hold their assets long-term, suggesting positive sentiment. Conversely, a surge in exchange inflows could signal potential sell-offs, which could affect market prices.

通過分析鍊鍊數據，投資者可以評估市場的情緒。例如，當大量比特幣從交易所轉移到錢包時，這可能表明投資者準備長期持有其資產，表明積極的情緒。相反，交換流入的激增可能會表明潛在的拋售，這可能會影響市場價格。

Tracking Whale Movements

跟踪鯨魚運動

On-chain data can track the behavior of large holders, or “whales,” who hold a significant portion of the total supply of a given cryptocurrency. Whales’ decisions to buy, sell, or move their holdings can have a substantial impact on prices. By analyzing this data, investors can gain insights into potential price movements before they happen. A good example for a platform that traces whale transactions are Whale Alert, Spotonchain, and Lookonchain.

鏈上數據可以跟踪大持有人或“鯨魚”的行為，這些行為佔給定加密貨幣總供應的很大一部分。鯨魚購買，出售或移動其持股的決定可能會對價格產生重大影響。通過分析這些數據，投資者可以在潛在的價格變動之前就可以洞悉。追溯鯨魚交易的平台的一個很好的例子是鯨魚警報，Spotonchain和Lookonchain。

Transaction Volume and Network Activity

交易量和網絡活動

On-chain analysis can also shed light on network activity. For instance, if the transaction volume of a particular blockchain increases significantly, it could be an indication of growing adoption or increased interest in the project. For example, a surge in the number of daily transactions on Ethereum can indicate heightened activity related to decentralized finance (DeFi) or NFTs, which may influence market sentiment.

鏈分析還可以闡明網絡活動。例如，如果特定區塊鏈的交易量顯著增加，則可能表明採用或增加了對項目的興趣。例如，以太坊的每日交易數量激增可能表明與分散融資（DEFI）或NFT相關的活動增加，這可能會影響市場情緒。

Types of On-Chain Data

鏈接數據的類型

On-chain data can be classified into various categories depending on the type of information being analyzed. Below are some key types of on-chain data:

根據所分析的信息類型，可以將鏈數據分為各種類別。以下是鏈上數據的一些關鍵類型：

1. Transaction Data

1。交易數據

Transaction data is the most basic form of on-chain data. It includes details such as the transaction amount, sender and receiver addresses, and the time the transaction was executed. Transaction data is publicly available, and anyone can view it using blockchain explorers like Etherscan for Ethereum or Blockchair for Bitcoin.

交易數據是鏈上數據的最基本形式。它包括詳細信息，例如交易金額，發送者和接收方地址以及執行交易的時間。交易數據是公開可用的，任何人都可以使用像以太坊（Etherscan）（以太坊或比特幣的椅子）這樣的區塊鏈探險家對其進行查看。

Example:If you look at a Bitcoin transaction, you’ll see:

示例：如果您查看比特幣交易，您會看到：

From Address: 1A1zP1eP5QGefi2DMPTfTL5SLmv7DivfNa

從地址：1A1ZP1EP5QGEFI2DMPTFTL5SLMV7DIVFNA

To Address: 1EzvHqG39swp9cZtqBoZV2FX4kdQWiZ7A

地址：1EZVHQG39SWP9CZTQBOZV2FX4KDQWIZ7A

Amount: 0.25 BTC

金額：0.25 BTC

Timestamp: 2025-03-15 16:23:00 UTC

時間戳：2025-03-15 16:23:00 UTC

2. Smart Contract Interactions

2。智能合同互動

Smart contracts are self-executing contracts with the terms of the agreement directly written into code. Every time a smart contract is executed, data is recorded on-chain. This could include interactions like executing a DeFi trade, minting an NFT, or participating in a decentralized autonomous organization (DAO) governance vote.

智能合約是自執行合同，並將其直接寫入代碼的協議條款。每次執行智能合約時，都會在鏈上記錄數據。這可能包括互動，例如執行Defi貿易，鑄造NFT或參加分散的自治組織（DAO）治理投票。

Example:On Ethereum, smart contract interactions such as buying an NFT on OpenSea or swapping tokens on Uniswap generate valuable on-chain data that can be tracked and analyzed.

示例：在以太坊上，智能合同的交互，例如在opensea上購買NFT或在uniswap上交換令牌會產生可跟踪和分析的有價值的鏈上數據。

3. Staking and Governance Data

3。積分和治理數據

In Proof-of-Stake (PoS) blockchains like Ethereum 2.0, stakers lock up their coins to help secure the network and validate transactions. On-chain data related to staking includes the amount of cryptocurrency staked

在以太坊2.0（以太坊2.0）等股份證明（POS）區塊鏈中，Stakers鎖定了硬幣，以幫助確保網絡並驗證交易。與堆積有關的鏈上數據包括固定的加密貨幣量