BitShares Forum

Main => General Discussion => Topic started by: speedy on August 05, 2015, 10:21:58 pm

Title: BTS transaction volume vs Litecoin
Post by: speedy on August 05, 2015, 10:21:58 pm
Litecoin averages about 4000 transactions per day:
http://www.coindesk.com/data/litecoin-daily-transactions/

For BTS its a bit more complicated, you have to turn off delegate feed updates. I dont think they are an accurate measure of adoption as they are continuous and from users that are payed from inflation.

BTS Tranfers = ~200
Asset transactions = ~250
http://bitsharesblocks.com/charts/transactions

So we average about 500 transactions/day compared to Litecoin's 4000.

Speculation:
-Easily double to 1000/day when the bond market arrives. Loads of users will want to earn interest by lending.
-Faster 2.0 wallet will double us again to 2000/day.
-Banx integrates into BitShares and trades UIAs - double to 4000.
-Then we will be as established as Litecoin - a great first step!
Title: Re: BTS transaction volume vs Litecoin
Post by: Akado on August 05, 2015, 10:26:41 pm
Quote from: speedy on August 05, 2015, 10:21:58 pm
Litecoin averages about 4000 transactions per day:
http://www.coindesk.com/data/litecoin-daily-transactions/

For BTS its a bit more complicated, you have to turn off delegate feed updates. I dont think they are an accurate measure of adoption as they are continuous and from users that are payed from inflation.

BTS Tranfers = ~200
Asset transactions = ~250
http://bitsharesblocks.com/charts/transactions

So we average about 500 transactions/day compared to Litecoin's 4000.

Speculation:
-Easily double to 1000/day when the bond market arrives. Loads of users will want to earn interest by lending.
-Faster 2.0 wallet will double us again to 2000/day.
-Banx integrates into BitShares and trades UIAs - double to 4000.
-Then we will be as established as Litecoin - a great first step!

Does banx have 2000 transactions per day?
Title: Re: BTS transaction volume vs Litecoin
Post by: speedy on August 05, 2015, 10:36:00 pm
Quote from: Akado on August 05, 2015, 10:26:41 pm
Does banx have 2000 transactions per day?

Good question - I was speaking optimistically/out my arse. Doesnt seem too high a figure for a small exchange.
Title: Re: BTS transaction volume vs Litecoin
Post by: sudo on August 06, 2015, 04:36:52 am
A good view of comparation
 +5%
Title: Re: BTS transaction volume vs Litecoin
Post by: karnal on August 06, 2015, 12:59:47 pm
May the moon be with us.