export const sections = [ { title: "Supply", description: "How bitcoin moves from issuance into long-term ownership, profit, loss, and distribution.", chart: "Circulating supply", children: [ { title: "Profitability", description: "Which coins sit in profit or loss, and how that balance changes through cycles.", chart: "Supply in profit", children: [], }, { title: "Age", description: "How long coins have remained still, from fresh movement to deep dormancy.", chart: "Supply by age", children: [], }, { title: "Distribution", description: "How supply is spread across addresses, scripts, cohorts, and balance ranges.", chart: "Supply distribution", children: [], }, ], }, { title: "Capitalization", description: "Different ways to value the network by market price, realized cost, and accumulated flows.", chart: "Capitalization overview", children: [ { title: "Market Cap", description: "The current market value of circulating bitcoin at spot price.", chart: "Market capitalization", children: [], }, { title: "Realized Cap", description: "The aggregate value of coins priced where they last moved on-chain.", chart: "Realized capitalization", children: [], }, { title: "Value Bands", description: "How market value compares with cost basis and historical valuation ranges.", chart: "Valuation bands", children: [], }, ], }, { title: "Activity", description: "How often the chain is used, how value moves, and how demand appears in fees and transactions.", chart: "Network activity", children: [ { title: "Transactions", description: "Confirmed transaction count, throughput, and block-level settlement patterns.", chart: "Transaction count", children: [], }, { title: "Fees", description: "The cost users pay for block space and what that reveals about demand.", chart: "Fee rate", children: [], }, { title: "Addresses", description: "Address creation, reuse, activity, and balance changes across the network.", chart: "Active addresses", children: [], }, ], }, { title: "Mining", description: "The security budget, difficulty adjustments, pool behavior, and miner revenue.", chart: "Mining overview", children: [ { title: "Hashrate", description: "Estimated computational power securing the network over time.", chart: "Hashrate", children: [], }, { title: "Difficulty", description: "How Bitcoin adjusts mining difficulty to keep block production steady.", chart: "Difficulty", children: [], }, { title: "Rewards", description: "Subsidy, fees, and the changing economics of block production.", chart: "Miner rewards", children: [], }, ], }, { title: "Market", description: "Price behavior, returns, volatility, and the market context around on-chain patterns.", chart: "Market overview", children: [ { title: "Price", description: "Bitcoin price across time, cycles, drawdowns, and all-time highs.", chart: "Price", children: [], }, { title: "Returns", description: "How returns vary by holding period, entry point, and cycle phase.", chart: "Returns", children: [], }, { title: "Volatility", description: "The scale and rhythm of price movement across different windows.", chart: "Volatility", children: [], }, ], }, ];