4 ms·
Address != user and we both know it's trivial to generate as many addresses as you want. Here's another chart: https://etherscan.io/chart/active-address https
by kkielhofner 4y ago
Address != user and we both know it's trivial to generate as many addresses as you want.
Here's another chart:
https://etherscan.io/chart/active-address https://etherscan.io/chart/active-address
All time high is 1m addresses actually used in any 24 hour period, which is a significant outlier. The average is closer to 400k-500k.
And another:
https://etherscan.io/chart/tx https://etherscan.io/chart/tx
1.7m ATH daily transactions with the average being around 1m. I'm not exactly a statistician but a simple breakdown could be 500k people doing two transactions per day. Factoring in adoption is likely heavily weighted towards individual users (in the DAU sense) transacting with multiple addresses I think it's safe to assume the mapping between active addresses and users is some fraction - 1/2, 1/3, 1/4, etc.
Being conservative and favoring Ethereum in this 250k DAUs for total on-chain activity encompassing all activity across the entire platform.
You can look at cheap and "high" traffic sidechains, L2s, etc and pretty quickly determine that the number of DAUs across the entire ecosystem is in the low single digit millions at best. To be really fair let's say it's 10m - that's .02% of internet users daily.
Even if we use your total addresses and assume each address is a user 210m users across the 5b people on the internet represents an adoption rate of 4.2% of internet users ever transacting with the network across the seven years of existence.
In my original comment I said 99% of internet users wouldn't notice if it all disappeared. Looking at the numbers I think this was charitable.
So yeah, abysmal.