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RE: Steem transaction volume already crashed by 90%, we are only 2 days into HIVE!

in #steem5 years ago

Any statistics on Hive ?
Did all the activity is now on Hive or has the activity dropped for both blockchains ?
This information would be needed to have a clear view on this matter. Maybe the hardfork just made people wait for the dust to settle before coming back.

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you could ask the @blocktivity account on STEEM if he would also include HIVE into the list. I don't know any other source that is counting up the daily transactions.
HIVE transactions technically cannot really drop as there is not even a 7-day average yet, to compare it to.

Yeah, need a little more time for everything to stabilize and really see how the activity split between the two chains and how it plays with time.
It will be really interesting to follow.
But if the development only continues on Hive (and it seems it will be the case), it won't be a surprise to see activity on Steem decline while Hive's increase.
I think some of the people doing statistics posts will do some Steem/Hive statistics and comparisons.

Hive has very little tx/s right now. Even less than Steem now. This is because people switching between nodes, updating libraries etc.
Need few days (weeks) until we get serious stats.

Yes, and also Splinterlands / Steem-Engine. I don't remember statistics on Steem, but I think it must be like 40% (or more) of all transactions on the blockchain.
I think those two apps migrating will be the "flippening" regarding activity on the two blockchains.
It's gonna be really interesting to see all this unfold in the next weeks ! And also the prices on exchanges as Hive will get listed on Binance or on exchanges used by "easterners".