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EOS - A Flatlining Blockchain?

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eroche
@eroche2 years ago
1 min read

If you follow my blog you will know I am always digging around in the data to see if there are any interesting trends to find. Coinmetrics proivdes some great sources of data for digging into the Blockchain and today I couldn't help be struck by the picture of EOS active addresses.

Is this was a Blockchain that is flatlining looks like?

image.png

  • In contrast Bitcoin has a much healthier pulse

image.png

Transactions

Other Metrics that you can look at for activity of course are daily transactions.

Again EOS has a worrying trend

image.png

  • But its worth noting here that there are still significant volumes of transactions, averaging 1m per day.

But a healthier Blockchain such as BTC has the following trend in transactions

image.png

  • Albeit from a much lower base averaging 283k per day.

So what do you think about the future of EOS?

Posted Using LeoFinance Beta

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