The weird behavior of Daily Transacting Accounts on HIVE

avatar

For weeks I keep observing the weird behaviour of our beloved blockchain by reading the daily Hive Stats reports from posts @penguinpablo .
I have to admit that besides the bad performing of Hive in the marketing, also seems that number of new content (post and comments) in the blockchain is also in a downward trend.
Perhaps, one indicator that keeps being steady is the Number of accounts transacting that is weirdly moving between 11000 and 13000.

image.png

But, this chart looks really weird IMO, since the week of May 25th, HIVE is following exactly the very same behaviour on that variable.

A sudden Peak of transacting accounts at the beginning of the week reaching Max 13000 and a steady downtrend towards the end of the week reaching again and gain the bottom of the range, around 11000.

I mean, What the F*ck is this?

A 'transacting account' is a Hive account that made at least one transaction on the Hive blockchain. This can be a vote, post, comment, transfer, power up or HBD conversion. Users who only read from the Hive blockchain without interacting are not included. The actual number of 'Active users' is therefore much higher than the accounts transacting.

What happens here? are we all starting the week being active and then we relax towards the end or what?
What are those account who acts only on mondays?

It looks like an automatic process, not human triggered...

Can anyone explain this?

It could be nice to read any analysis from @dalz for instance, who does really good work with such investigations

@toofasteddie



0
0
0.000
8 comments
avatar
(Edited)

Indeed this is also to me the biggest puzzle on Hive. I have not the slightest clue. I hope others have...

0
0
0.000
avatar

Hope anyone can explain it. Thanks for passing by!

0
0
0.000
avatar

Its basicly Spliterlands. Most likley :)
The spikes are the end of the season.

0
0
0.000
avatar

I don't think it is for the seasons. They take 15 days and this is a weekly pattern. Any thoughts?

0
0
0.000
avatar

It's maybe due to curation trails that have some sort of a schedule to curate content.

0
0
0.000
avatar

My best guess is that it's the weekly limit on auto votes - the spikes are when more accounts are voting on everything, the dips when most accounts have reached their 4/5/6/7/ whatever the weekly limit is on their votes.

When the 'peak weekly limit' is over, it kicks back up again.

i guess if we get more users who set their AVs at different times, so there's more variation in when the weekly cycle starts you'd see less pronounced dips and troughs.

Posted Using LeoFinance

0
0
0.000