Flow daily active users
The intention of this dashboard is to take an overview about daily and monthly active users on Flow, as well as detecting some spiking in activity over the past days.
Flow Blockchain is a popular decentralized network that is designed to enable the creation of high-performance, scalable, and user-friendly blockchain-based applications. It was created by Dapper Labs, the team behind the popular Ethereum-based game, CryptoKitties. The Flow Blockchain offers a unique architecture that separates the validation of transactions from the execution of smart contracts, allowing for greater efficiency and scalability. Additionally, Flow Blockchain supports multiple programming languages, making it easier for developers to create decentralized applications.
One key metric that is often used to measure the success and adoption of blockchain networks is the number of daily active users. Daily active users, or DAUs, are defined as the number of unique individuals who interact with the blockchain network on a daily basis. DAUs are important because they provide a real-time snapshot of the health and adoption of the network. High DAU numbers indicate that there is strong user engagement, which in turn leads to increased usage and adoption of the blockchain network.
With this in mind, the goal of the Flow Blockchain dashboard is to track how the network's daily active users have evolved over time. In addition to tracking DAUs on a daily basis, the dashboard also tracks monthly active users and all-time wallets. This data is important because it provides a more comprehensive view of the network's adoption and usage.
Recently, the Flow Blockchain team has identified some interesting spikes in daily active users. These spikes have occurred in both directions, indicating that there are both positive and negative changes happening in the network. To uncover the reasons behind these spikes, the team has launched an investigation and is working to gather more data and insights.
For this work, an active user is determined for those who have been active for at least half of the days (minimum 4 days a week and 15 days a month depending on the analysis daily or monthly active users). By focusing on active users in this way, the Flow Blockchain team can gain a more accurate picture of user engagement and adoption, which can inform future development and growth strategies.