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New Funded Addr Cnt
The sum count of all unique addresses that were newly created and funded (e.g. have a non-zero balance) that interval.
- New addresses are addresses identified in the blockchain that did not exist prior to the observation period (e.g. 1 day).
- Depending upon how a blockchain stores address information, new addresses might not be funded with any tokens. In other words, they have a balance of zero.
- This metric only accounts for new addresses that have been funded.
Source: CM Network Data Charts
This metric is not available for assets that have full privacy, like Monero and Grin. For assets that have opt-in privacy features, like ZCash, it only takes the non-private activities into account.
Consider the following example:
- Both Addreses A and Address B are seen on the ledger for the first time.
- Address A was referred by a smart contract application, perhaps as user identifier, but it was not funded or otherwise engaged by the smart contract. Its balance is zero.
- During that same interval, Address B received funds from an exhange for the first time. Its balance is 0.002.
If the above was the only activity observed in the network during that interval, AdrNewCnt would showcase a value of 1. This value only aggregates activity that is economically relevant (Address B), and excludes non-monetary activity (Address A).
- Release Version: 5.0 (August, 2021)
- Like Active Addresses, New Funded Addresses is a popular measure to proxy the number of new users on a blockchain. Unlike New Addr Cnt, this only showcases addresses with a non-zero balance .