2 ms·
The upper bound would be over 1 billion for Bitcoin (1+ billion unique addresses)[0]. The number of daily active addresses is around 1 million[1]. And that does
by olalonde 4y ago
The upper bound would be over 1 billion for Bitcoin (1+ billion unique addresses)[0]. The number of daily active addresses is around 1 million[1]. And that doesn't account for second layer transactions. Where do you get the "few thousand" from?
[0] https://studio.glassnode.com/metrics?a=BTC&category=Addresses&m=addresses.Count https://studio.glassnode.com/metrics?a=BTC&category=Addresse...
[1] https://studio.glassnode.com/metrics?a=BTC&m=addresses.ActiveCount https://studio.glassnode.com/metrics?a=BTC&m=addresses.Activ...