Josh Stark
@0xstark.eth
What do you think are the most important metrics to track the health / growth / utility / "success" of a blockchain ecosystem? (and bonus points: how can they be measured?)
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spuddy
@spuddy
Number of unique IP addresses signing blocks. Can be monitored using power data from a few geographically distributed nodes probably.
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chinmay.eth
@chinmay.eth
For me, it's the combination of these 3 matrics. 1. How many new applications are being built? 2. How much total liquidity available to those applications? Let's assume, An ecosystem has 100B in assets; * 40% in Liquid Assets (LA) -- moved in the lats 12 months * 60% in Saving Assets (SA) -- haven't moved in the last 12 months Assuming that Liquid Assets move 5 times a year, so it's 5x more valuable to applications than Saving Assets. Now, the application being built; 500 apps are being built for LA. So, that's 500*5 (=2500) points. 1000 apps are being build for SA. So, that's 1000 points. Add them up (3000 points). I'm making a lot of assumptions here, but with 3 months of research and fine tuning this can be developed as a long term health metric for any blockchain ecosystem.
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dionysuz.eth
@dionysuz.eth
one important metric for L1 cohesion is the ratio of contract deployments on L1 vs execution equivalent L2s. (upwards is better) to agree with this, you have to believe in realtime proving, based sequencing, and L1 / L2 composability. most of this work is done by @brechtpd on booster rollups / gwyneth.
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Garrett
@garrett
TVL Unique Active Wallets New Addresses created Average transaction # per wallet per week Transaction volume - value Transaction volume - # of txns
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