You are viewing a single comment's thread from:

RE: EOS Blockchain is LEADER

in #cryptocurrency • 6 years ago

Looking at the transaction volume without regard to the total amount traded might be misleading. The notional amount traded on the btc network seems to be 300x greater than EOS. https://coinmetrics.io/nvt/#assets=btc
Not sure if the above website is correct. I have seen other sources saying notional value of daily transactions on the btc network is closer to $1B. Admittedly I don’t know much about eos and how it works But might be interesting to explore what value is being traded behind this activity number that blockivity provides.

6 years ago in #cryptocurrency by
$0.04
  • Past Payouts $0.04, 0.00 TRX
  • - Author $0.03, 0.00 TRX
  • - Curators $0.01, 0.00 TRX
1 vote
Reply 2
Sort:  
  • Trending
    • [-]
     6 years ago 

    Of course that nominal value of BTC transactions is higher because BTC price is 1000x higher than EOS but I believe that in the future EOS will dominate at that metrics also...

    $0.03
    • Past Payouts $0.03, 0.00 TRX
    • - Author $0.02, 0.00 TRX
    • - Curators $0.00, 0.00 TRX
    2 votes
    Reply
    [-]
     6 years ago 

    Transactions on EOS are not necessarily tokens moving. Transactions on EOS could be anything as it is designed to be capable of hosting other blockchains and countless APPS on it, and handle their transaction loads as well.