Steemit: +93,000 Average Daily Transactions with and without the noise..!!steemCreated with Sketch.

in #steemit8 years ago

CHART 2 - Without the Noise


CHART 1 - With the Noise


Earlier I posted a chart of the Daily Transactions on Steemit and decided just to do a little bit more digging.

Above you will see two charts and in order to drill down into the Daily Transactions I have excluded all the early Transactions before 1st July 2016.

CHART 1 is all days after 1st July and CHART 2 is all days after 1st July with the exception of a few "High/Low Days" which I call noise.

By taking out just a few "Noise Days" you get a better picture and with CHART 2 what is very encouraging is that we are seeing higher highs and higher lows.

It is these higher highs and higher lows that are exciting to see.

With an average Daily Transaction exceeding +93,000 per day I doubt it will be long before we see the average of +100,000 Daily Transactions in our rear view mirror..!!

I am looking forward to reviewing this in the coming weeks/months ahead.


Thanks again for reading.

Stephen

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where are these charts coming from?

From the Blockchain. Stephen

but how did u generate the charts above

All the data is readily available on the Blockchain for anyone to see. It's what makes Steemit so unique and is the envy of all the competition. I just knocked up a quick sql script. Anyone can do it. Stephen

This post has been ranked within the top 50 most undervalued posts in the second half of Feb 07. We estimate that this post is undervalued by $7.02 as compared to a scenario in which every voter had an equal say.

See the full rankings and details in The Daily Tribune: Feb 07 - Part II. You can also read about some of our methodology, data analysis and technical details in our initial post.

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Comparing bitcoins transaction statistics with Steem:

This is copy-pasted from https://blockchain.info/stats

Mining Cost
Total Miners Revenue 1,865,448.41 USD
% earned from transaction fees 8.96 %
% of transaction volume 0.7 %
Cost per Transaction 7.10 USD

not to think about the amount of transactions stuck in the void:

https://blockchain.info/unconfirmed-transactions

78311 Unconfirmed Transactions

Transactions Per Second 4.37

Usage is dropping.

There are reasons for this and they are both logical and emotional.

I have to disagree. I see the usage growing. Stephen

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