Ethereum: Is there a way to estimate total number of bitcoin users/wallets? [duplicate]

ETHEREUM ASSEMBLY: A complex and permanent challenge

As one of the most commonly used digital currencies, the Ethereum user base is crucial for its overall growth and development. Although Bitcoin is estimated to have about 60,000 active users based on a rough number of clients related in the last 24 hours, an assessment of the total number of users and wallets of Ethereum is a significant challenge.

Why is it difficult:

  • Network Confectioning : An increasing number of transactions on the Ethereum network creates more connections, which makes it difficult to assess the user activity accurately.

  • A variety of user base : Ethereum has an eclectic combination of users, including developers, investors, traders and consumers, each with different use patterns.

  • Permanent updates

    : How new features are implemented, such as the smart development of the contract and decentralized applications (DAPPS), the number of active wallets can fluctuate.

Estimated range:

Several sources tried to provide estimates for the total number of users and wallets of Ethereum:

* Discussion on Bitcointalk Forum: In the 2017 threads, one user suggested that 100 million users were possible, stating the massive info in the miners in 2016.

* CoinDesk article

Ethereum: Is there a way to estimate total number of bitcoin users/wallets? [duplicate]

: Piece 2020 estimated that there could be up to billion users on Ethereum, although this figure was very speculative and was not based on concrete data.

* EVIDED NUMBERS ETTHEREUM.ORG : The official website Ethereum estimates about 10 million active accounts, but these figures are likely to underestimate for various reasons.

Problem with Ethereum estimated:

Although it may be tempting to try to evaluate Ethereum’s user base using a simple formula or rough number, this approach is full of errors and insecurity. The complexity of the Ethereum network, combined with the diversity of its users, is an accurate assessment of a heavy task.

Conclusion:

Estimation of the total number of users and wallets of Ethereum remains a challenging problem, even for experts on the field. Although we may never know the exact figure, it is likely that the actual number is between 100 million and 1 billion or more, depending on different factors.

As the Ethereum ecosystem continues to develop and grow, continuing research and analysis will be key to understanding its user base and developing effective strategies for its development and growth.

Leave a Reply

Your email address will not be published. Required fields are marked *