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RE: What is Network Valuation? (And the only chart that matters long-term)

in #bitcoin6 years ago

Hi @evilmonkey, you seem to be confusing tx volume with # of users:
Tx volume:
https://bitinfocharts.com/comparison/transactions-btc-eth-eos.html#1y
Unique active addresses:
https://bitinfocharts.com/comparison/activeaddresses-btc-eth.html

Also, as noted in my comment to "blowmywhistle", the only chain doing more is ETH and there are subnetworks that use the ETH chain that have their own valuation. It's backwards to consider all tx on ETH to go towards the ETH network value and therefore ETH price when there are countless other on chain currencies that dilute the value. To get a good idea of the ETH network valuation, you'd have to total the value of ALL on chain currencies.