Characterizing Polkadot's Transactions Ecosystem: methodology, tools, and insights

arXiv:2404.10543v1 Announce Type: new
Abstract: The growth potential of a crypto(currency) project can be measured by the use cases spurred by the underlying technology. However, these projects are usually distributed, with a weak feedback schemes. Hence, a metric that is widely used as a proxy for their healthiness is the number of transactions and related volumes. Nevertheless, such a metric can be subject to manipulation (the crypto market being an unregulated one magnifies such a risk). To address the cited …

arxiv can cases crypto cs.cr currency distributed ecosystem feedback growth insights methodology metric polkadot project projects proxy technology tools transactions use cases