<img src="https://miro.medium.com/v2/resize:fit:875/1*GmshBbPAO127YcZ95gQiRQ.jpeg" />Author: lesley&#64;footprint.networkIn the realm of cryptocurrencies and blockchain, the bedrock of trust is undoubtedly transparency. On-chain data has emerged as the holy grail for making informed decisions in the crypto world, precisely because it’s perceived as publicly available and transparent. With countless data streams flowing from various blockchains, decentralized applications, and crypto platforms, it’s easy to be overwhelmed by the sheer volume.This overabundance of data, paradoxically, can cloud the clarity that transparency promises. Not all data sources are created equal, and deciphering which ones are accurate, timely, and trustworthy can be a daunting task.Which source should we trust?Unlocking Trust with Reference DataIn the ever-evolving world of crypto, resolving the trust dilemma is paramount. Many attribute inconsistent results to how data is calculated, but the hidden truth is that a staggering 80% of these issues stem from incomplete, inaccurate, and outdated reference data. So, what exactly is this all-important reference data?Reference data, in essence, serves as the foundation upon which accurate categorization, classification, and labeling of other data hinges. It’s the compass guiding you through the maze of crypto intricacies, from blockchain reference data and protocol metadata to the complex web of relation graphs.You can dive more deeply into this definition in our previous article.MetaMosaic: Your Single Source of Truth (SSoT) for CryptoIn the intricate world of cryptocurrency, establishing a trustworthy and robust foundation is absolutely essential. This is precisely where MetaMosaic comes into play.Metamosaic is a platform for blockchain reference data, where everyone can access protocol-centric metadata, classifications, and relation graphs with API and explorer.Diving deeper into the realm of crypto reference data, MetaMosaic offers an extensive and rigorously validated repository of blockchain reference data. It’s not merely about data; it’s about ensuring you have the right data readily available to drive well-informed decisions.At MetaMosaic, our mission is crystal clear: we aim to construct a comprehensive Single Source of Truth (SSoT) for the entire crypto universe. This isn’t just about data; it’s about empowering individuals and businesses with the precise and relevant information needed to navigate the complex cryptocurrency landscape confidently. With MetaMosaic, you’ll find the foundation you can trust in the ever-evolving world of digital assets.<img src="https://miro.medium.com/v2/resize:fit:875/0*D1h87vJUYHJbD0Gq" />Scenarios of MetamosaicScenarios 1: AnalyticsReference data plays a central role in blockchain data analytics. To gain a deeper, holistic understanding of its use in analytics, let’s dive into detailed analytics through the following mappings:<ul><li>Mapping logs and contracts: This data is instrumental in mapping the intricate landscape of various blockchain protocols, which includes details about their versions, operating rules, and the smart contracts that underpin them.This data helps assess risks associated with smart contracts, protocol vulnerabilities, and user exposure.</li><li>Protocol and asset contract mapping: This mapping enables granular tracking of asset movements, including stablecoins and NFTs, across different protocols. With access to reference data, analysts can effectively distinguish between protocol-level contracts (e.g., governance and consensus contracts) and asset-level contracts (e.g., token and decentralized application contracts). Mapping assets and users to their respective protocols can help assess risks associated with smart contracts, protocol vulnerabilities, and user exposure.</li><li>Protocol and user mapping: By mapping assets to protocols and users, analysts can use this information to identify trends in user behavior, such as gaining insight into the behavior of different entities like exchanges, brokers, and whales.</li></ul>By integrating reference data, analytics can provide a comprehensive view across protocols, assets, and users, providing a guiding light for well-informed analysis based on a deeper understanding of the data.Scenarios 2: AIBlockchain reference data enriches AI systems by providing a wealth of training examples, verified identities, relationship linkages, activity patterns, and an unbiased frame of reference for evaluating predictions&#xff0c; opening opportunities for better output quality.<img src="https://miro.medium.com/v2/resize:fit:875/0*S--D9-xiPy0Zdrxu" />Track down more suspicious spam contractsA key benefit of this integration is the ability to infer new facts and predict relationships. By providing labeled training data and leveraging blockchains as a source of truth for identities and entities, AI can respond to a wider range of queries with improved accuracy.The synergy between AI and blockchain reference data opens up a realm of new possibilities, enabling more informed decisions and actions within the blockchain landscape.Scenarios 3: SecurityIn the dynamic landscape of Web3, MetaMosaic’s reference data emerges as a powerful guardian of security. Its ability to sift through the ever-present noise and provide accurate answers is critical to securing the decentralized ecosystem.<img src="https://miro.medium.com/v2/resize:fit:875/0*sw0wO0QKcFzVyW6u" />Uncover the authentic $PEPE in a sea of imitationsReference data plays a critical role in identifying fake or spoofed projects. Some projects attempt to masquerade as the real ones by leveraging data such as official project handles, domains, and contract addresses.Imagine a scenario where a large number of $PEPE imitations flood the market. In such a challenging environment, MetaMosaic enables AI systems to effectively distinguish the authentic token from its imitations. This capability is invaluable in preventing the potentially disastrous consequences of misguided investments and decisions.Scenario 4: Money FlowIn the realm of money flows within the blockchain, MetaMosaic unravels the intricacies of transactions. Through the tagging of the contract type and EOA wallets, and mapping of addresses and protocols, MetaMosaic provides a holistic view of these financial movements, delving into wallet labeling, fund tracking, and flow analysis, creating interconnected relationship graphs that shed light on the complex web of crypto funds.<img src="https://miro.medium.com/v2/resize:fit:875/0*03wTwzRpXHxKpgo9" />The crypto funds inflow to the exchange may indicate selling intentions, but the truth is …?Let’s examine a common scenario: crypto funds flowing into an exchange. At first glance, this may seem like a simple intent to sell assets. However, as any experienced player knows, the reality is often much more nuanced. MetaMosaic refuses to accept the superficial narrative and instead embarks on a journey to reveal the full story hidden within these financial movements.By leveraging MetaMosaic’s capabilities, analysts and investors can gain insights that go beyond the obvious. They can uncover the true motivations behind these flows, whether it’s profit-taking, strategic positioning, or something entirely unexpected.This deeper understanding of money flows is invaluable in the ever-evolving world of cryptocurrencies, where a deeper understanding of financial movements can make all the difference.ConclusionIn the intricate world of cryptocurrency, the establishment of a trustworthy and robust foundation is paramount. This is precisely where MetaMosaic takes center stage, serving as the ultimate Single Source of Truth (SSoT) for the entire crypto universe.MetaMosaic’s contribution goes beyond mere data; it’s about delivering the right, well-validated information to drive well-informed decisions in the blockchain space. With MetaMosaic, you’ll find the reliability and precision you need to make the most of the boundless opportunities within the cryptocurrency realm.About MetaMosaicMetamosaic is a platform for blockchain reference data, where everyone can access protocol-centric metadata, classifications, and relation graphs with API and explorer.Metamosaic’s mission is to build a Single Source of Truth (SSOT) for crypto.Website: <a href="https://www.metamosaic.io/" rel="noopener noreferrer nofollow">https://www.metamosaic.io/</a>Contact: partners&#64;footprint.network

What is MetaMosaic: Your Single Source of Truth (SSoT) for Crypto

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