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Transaction Value Stats Suggest Dash, Bitcoin Cash, Doge Used Most for Small Payments

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Mark Mason

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Transaction Value Stats Suggest Dash, Bitcoin Cash, Doge Used Most for Small Payments

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Transaction values for top cryptocurrencies show Dash, as well as Bitcoin Cash and Dogecoin, used most frequently in small transactions, which could indicate real-world use as money.

Data from BitInfoCharts of several major cryptocurrencies shows statistics and trends that can be used to infer the nature of economic activity across the networks. The networks sampled were Bitcoin, Bitcoin Cash, Litecoin, Dash, Zcash, and Dogecoin. These were chosen based on availability of data and on a purpose for use as money (Ethereum’s extremely low median transaction value indicates non-monetary purposes such as smart contracts). Monero was excluded due to the unavailability of public network data, and Dogecoin was included due to its historical significance and persistently high network use.

Read more - https://www.dashforcenews.com/trans...tcoin-cash-doge-used-most-for-small-payments/
 
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