Activity on Hive by Category | Posts, Comments, Votes, Transfers and Custom JSONs
The Hive blockchain went live on March 21, 2020. The majority of the community migrated to the new blockchain along with the majority of dApps.
How is the activity doing on the blockchains? Here we will be looking in the numbers and not just in terms of posting but other activities as well, like custom JSONs that are mainly driven by games.
Before we continue with the analysis just a note on the activities. Unlike the good old Bitcoin, that has only one operation (transfer coins), Hive has a lot of them.
Usually when talked about activity on these blockchains a lot of the users have in mind posting and commenting. Here we will be looking in the top 4 activity on the blockchains. They consist the majority of all activity:
- Posts
- Comments
- Votes
- Transfers
- Custom JSON operations
The above consist the majority of all the activities on the blockchain. The claim rewards operation has also a high number of activity, but we will leave out that one.
Number of Posts and Comments
Here is the chart for the number of posts and comments on the Hive blockchain.
At first the number of posts and comments went up, especially during the price pump at the end of April 2020. Then a small drop and a period of steady numbers of posts and comments until the Hardfork in October. A small drop again in October and a semi stable numbers since then.
The overall number of posts and comments on a daily basis has been in the range of 10k to 15k per day.
Number of Votes
The chart for the votes looks like this.
Votes are one of the core operations on the Hive blockchain. That is how the rewards are distributed. The Proof Of Brain mechanism (PoB) 😊.
The number of votes was started with around 150k per day, then reached 250k, followed by a small decrease after the last HF in October to around 220k to 230k votes per day.
Number of Transactions
The chart for the transactions looks like this.
The number of Hive transfers has grown steadily since the creation of the blockchain with the exception of the HF period. It started with around 5k per day and these days is around 15k daily Hive transfers. This means 15k times per day people are sending and receiving Hive. Gas free 😊.
Number of Custom JSONs operations
The chart for custom JSONs operations.
This is an interesting chart 😊. A big jump in the start of June. As mentioned, custom jsons are mostly used from the games on Hive.
Starting from June, Splinterlands migrated from Steem to Hive and increased the numbers of custom jsons operations by a lot. From around 25k per day to 600k per day.The nature of Splinterlands is like that. Its heavy on activity. The numbers have been steady in the last period in the 500k to 600k range.
Overall Activity on Hive
Well not quite overall but most of it 😊.
When we combine all the charts above, we get this.
As we can see the custom jsons operation are now dominating the Hive blockchain. In the last period more than 65% of all the operations on the Hive blockchain are custom jsosn.
Although we should mention that the “weight” of these operations is not the same, so its not totally comparable. Posts have the largest weight, as they require a lot of texts and effort.
Overall, the activity on the blockchain seems quite constant with a small drop. But when compared how much the price has went down the drop in activity is almost none excitant. It shows that the blockchain has a loyal user base that is resilient to the price action 😊. Posts, votes and custom json operation all seems to have a stable number of operations in the last period, off course going up and down in some range. The numbers of transfers have been going up. Usually this is driven by the gambling apps where there is a lot for transfers.
All the best
@dalz
Posted Using LeoFinance Beta
More info why you see this.
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Thanks @onealfa!
Love the visit :)
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wow amazing the number of JSON operations with Splinterlands. thinking about it all the matches and the purchases are really huge.
Doesn't the chart also include the operations of the other games on Hive?
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Yes, hive engine tokens operations as well
I'm surprised there isn't more custom_json seeing how many different things use it.
600k is not a lot :)
I would have say that the number of c'vote would be more constant that comments or posts but I was wrong. That's interesting.
!tan
I think, custom jsons are much more powerful, they can be leveraged to store anything that dapps can utilize. We just need to let the world know.
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Yes custom json has shown to be a very useful thing.
overall positive trend!
Splinterlands hA, Steemmonsters.
I was going through these Json_metadata myself after contacting you and was surprised at how many belong to splinterland alone.
Btw posts and comments data is derives from TxComments table?
Once again thanks for your help.
No its a own thing .... and its eligable for votes...
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