RE: Steemit Crypto Academy Contest / S17W3 : Onchain Metrics of Steem blockchain
Active users are a key indicator of the blockchain's user base health, indicating the number of individuals consistently using its features.
Active user metrics are indeed vital for assessing the vibrancy and engagement level of any blockchain platform. It reflects the ongoing interest and interaction within the community, providing insights into the platform's overall health and growth trajectory.
Well, in short, this procedure offers a thorough grasp of how community emotions and user interactions change over time on the Steem blockchain, pointing out areas where user engagement and community management techniques may be strengthened.
It shows how looking at on-chain data helps us understand how users behave and how communities change over time. It's important because it helps us use data to improve how we manage communities and get people more involved.
A more decentralized distribution is characteristic of a healthy ecosystem, which lowers the possibility of bias or manipulation in decisions about governance and content curation.
I think making sure that power and influence are spread out more evenly is a big part of how blockchain works fairly. Platforms like Steem aim to build trust and openness among users by doing this, which helps make the whole system stronger and more long-lasting.
Thanks alot for in deep analysis and shared your valuable feedback. It's appreciated. Stay blessed you too more success.