Hive has over 2 million user accounts (2,469,489 exactly as I write this), however the vast, vast majority of those have not made any transactions in months or years. Among this huge number of dormant accounts, the majority were created before the split from Steem in March 2020.
Where are all these users? The following chart was created by searching for the top locations among Hive user accounts. I then removed meaningless results, merged the top duplicates (eg. US and USA, Venezuela and Caracas etc.) until I had a top 30 without duplicates. Since I did not merge duplicates below the top 60 results, the data is not comprehensive but gives a general idea.
The chart also shows the dormancy rate - what percentage of accounts with these locations have been inactive for at least 30 days. Pretty much everywhere has a dormancy rate above 90%.
Recall that the vast majority of accounts do not have a location in their profile set, and of those that do, many are set to unidentifiable locations such as "Hive", "On the blockchain" or "The World", so these represent a small portion of all past users.
Here is the same chart in the form of a world heatmap.
It's worth noticing that pre-fork, Steem had a much larger presence in the US, Indonesia, South Korea and Bangladesh.
User experience was even more complicated back then. Maybe they just gave up as soon as they managed to get their account created.
Indeed the vast majority did. 1,766,454 accounts never made a post or comment, and 1,544,433 never made a vote, post or comment.
How many of the accounts with no posting/commenting transactions have hive/hp in their wallets?
22,167 of the accounts that never voted or commented have between them 18,894,678,137.668556 Vests and 155,724,081.734 liquid Hive. Not accounting for HBD, savings and other balances.
This is huge, Lol can't we unlock those accounts and get these amounts out?😂
It's probably for the best that we leave them alone 😜😅
Lol no we can’t leave them, I wish I could hack each and everyone of them and return everything back to the ecosystem but sadly I don’t know jack about hacking😂
Some of those are long term savings for people, would you have them robbed by the devs?
Not at all
I was just kidding😃
How much of that is in the top 1000/100?
Good question!
Is there a chance they stayed on steem and never bothered with hive?
Some of them did, but that's a very small number of users, out of the millions of accounts that we're talking about overall. Although nobody keeps accurate statistics on Steem any more, as best I can determine it has about half the active users and posts per day as Hive. However, it still has one thing going for it, it ranks much better on search engines and get far, far more organic traffic than any Hive website due to the heights it reached in 2017/2018. Those users don't actually interact with Steem though beyond landing on the page and then moving on with their lives.
weird thing how it turned out. I remember being on steem and suddenly while I was inactive it split into two networks. I remember that I've got twice as tokens as I had, so it was great :D
Curiously how countries in need is from where more users join (Active or not). Those with strong economy are the apport less users.
Indeed. We have a much better chance of success in the regions where Hive is genuinely beneficial to the people who live there, where money functions not as well as it could.
Your're right.
I'm from Venezuela and here isn't economía estable for that we must take advantage of these Blockchains
I wonder how many of those accounts won't ever be accessible again due to lost keys, even in the events of users finding out about hive eventually and figuring out they have an account.
I know a friend who lost their account, got a new one and then lost that too. Had a non-trivial amount of Steem/Hive on it too.
Makes me wonder how common this is across the whole crypto space.
Obviously we can't extract this from @hivesql, but if we ever manage to fund a proper user survey with the DHF, that could be included in the questions and we could maybe get a rough idea.
Great analysis! I think most of the people came here to make easy money and when they found that it was not possible, they become inactive. This may be the major cause of the problem.
Interesting stats. Do they hold much Hive Power? I think Dalz produced something showing non voting accounts with Hive Power for example. I guess this would be included in your stats if they inactive.
daily stats report.@arcange reports the amount of HP held among both active and inactive users on his
Thanks, I'll check it out
A lot of users from Korea stuck with the legacy platform. Some people created loads of accounts for their own use, but so many people got an account and did little or nothing.
We really need a lot more active users to make Hive more attractive. It needs diversity and good engagement. There should be something for every interest. Not that I know how to make that happen.
It is the responsibility of all of us to take this platform to the people who will work on it daily in the way we are doing and then it will be popular all over the world. You are doing your job very well.
Things were tough those days. that's the reason they left. hopefully they will return back.