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Ethereum live coin watch3/29/2023 From there, we can create aggregated candles for Ethereum/BTC across all exchanges, and then we would aggregate those and arrive at a price. So, for example, if we have all these trades, we can create the candle for the Ethereum to BTC pair (ETH/BTC) on Coinbase Pro. Then we would move to creating exchange candles based on this pair. We'd start off with all the trades on all the Ethereum pairs-and this is an example of one. So, we would get, for example, every trade on the Ethereum to BTC pair (ETH/BTC) on Coinbase Pro. We start out by gathering every-let's start with a trading pair on an exchange, right, because there's a lot of trading activity on Ethereum that isn't with USD or fiat pair. So let's say, for example, that you wanted to price Ethereum. So at the bottom kind of underlying everything that we do is gapless historical raw data. So probably a good way to think about data and how we do data is around this idea of a data pyramid. You essentially get tickers whenever they're computed, you don't necessarily get them at a specific time, so if you want to find out what an asset was priced at the end of a given time period you can't do that with tickers. And then you have tickers-which a lot of our competitors are gathering ticker data rather than candles or trades. As you can see, there's just a lot that's left out-you can actually hide a lot of fake volume in candles. As you can see, this is fairly high fidelity. So, we have essentially the entire trading history of that exchange and from those trades we construct candles and from those candles we construct tickers. So, for the majority of the exchanges that we have data from we have literally every trade on every trading pair on that exchange. So, our service and most of what we do is based around raw trade data, right. So I think perhaps the way to start this out is by talking about data and data quality. Our investors include Coinbase Ventures, Digital Currency Group, CityBlock Capital, and a bunch of people that we really respect in the space. If you do go to Nomics that entire website was built with our API so anything you see on the website we have available but we also have a lot of data available that is not on our website. We built the API before we built anything else. We found that most price aggregators and most market data services are failing in a number of ways that I think we've solved for and I wanted to cover that first.Ī little bit about the company: we are an API first product company, so out of everything that we do our API comes first. Hi, so I wanted to cover Nomics and our data and why we're different.
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