Etherium News

DappRadar Discovers “Hidden Activity” on Ethereum (ETH) Network

© Reuters.   DappRadar Discovers “Hidden Activity” on Ethereum (ETH) Network
© Reuters. DappRadar Discovers “Hidden Activity” on Ethereum (ETH) Network

The (ETH) network carries significant hidden volumes, found the latest research from the DappRadar monitoring service. Token transfers on the Ethereum network are not all accounted for, and DappRadar recently changed its methodology to account for additional activity.

DappRadar will now track activity for distributed apps not only based on users, but on the tokens passing through their smart contracts. This activity shows that the Ethereum network actually has higher value than expected.

At the moment, Ethereum activity is based on address activity, measuring the number of users. But accounting for tokens will measure the economic activity of the network based on the value of d…

This article appeared first on Cryptovest

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Source: investing.com
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