AdrActCnt
Addresses, active, count

Definition

The sum count of unique addresses that were active in the network (either as a destination or source of a ledger change) that day. All parties in a ledger change action (source and destination) are counted. Individual addresses are not double-counted if previously active.

Dictionary

IDCategorySubcategoryTypeUnitInterval
AdrActCntAddressesActivitySumAddresses1 day

Details

Examples

In a given day:

  • Address A mines 10 coins
  • Address B sends 2 coins to each C and D
  • Address D delegates 20 coins to E
  • Address A burns 1 coin
  • Address F votes on a protocol change We would count as active: A, B, C, D, E and F. The value of the metric would therefore be 6.

Resource history

Interpretation

Active addresses is a popular measure to proxy the number of users on a blockchain, since it is typically less sensitive to stress-tests (which often focus on transaction count). However, active addresses inherit idiosyncrasies from the structure of the particular blockchain, and care must be taken to understand structural differences in active address counts. In blockchains where address creation is cheap or free, and transacting is cheap or free, active addresses can still be trivially forged.

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