Flow vs Other L1s Pt (II)
How does Flow compare to other L1s in terms of user retention? Is a user who made a transaction previously likely to make another transaction a week or a month later? Compare and contrast this type of activity vs other L1s like Solana and Ethereum.
the following chaty is about Total NFT buyers on Flow-Ethereum-Sol , well in this chart we want to analyze or compare total nft buyer on flow and ETH and sol well according the chart the total ntf buyer on ETH are more than flow and sol the total nft buyer 1.12612M after that the high total nft buyer is related to sol the total number is 507.828k .And finally, naturally, flow is the last total nft buyer the the number of buyer is 92.465k
the following chaty is about Total Swappers on و Flow-Ethereum-So , well in this chart we want to analyze or compare total swapper on flow and ETH and sol well according the chart the total swapper on sol are more than flow and ETH the total swapper 1.46085M after that the high total swapper is related to ETH the total number is 1.31501M .And finally, naturally, flow is the last total swapper the number of buyer is 1124
the following chaty is about Total Transactors on Flow-Ethereum-Sol well in this chart we want to analyze or compare total Transactors on flow and ETH and sol well according the chart the total Transactors on ETH are more than flow and sol the total Transactors 23.34806M after that the high total Transactors is related to sol the total number is 8.703241M .And finally, naturally, flow is the last total Transactors the number of buyer is 4.078079M
In the chart below, we will check which of the networks have the highest amount of NFT purchases? As you can see, Flow has the lowest percentage of NFT purchases, and SOL is the highest, and the ETH network is also average, because its gas fee is very high, and buying and selling will be more difficult.
In the chart below, we will check the percentage of exchangers of these networks, in this chart, FLOW has the lowest percentage of exchange, SOL is the highest percentage, and ETH is average and has a normal percentage.
the last chart is about How many addresses are transaction in a week we compare flow and ETH the number of addresse of flow is 2.935462M and the number of addresses of ETH is 3.254592M
Flow is a recent blockchain from the same developers who created CryptoKitties. It is designed to create consumer applications that are cryptographically capable. This includes games and digital assets used in games. Because Fallow understands that these games can potentially have tens of millions of users, they have focused on creating a platform with high speed and throughput.
When comparing Flow to other layered blockchains, there are three distinct features:
- A new, four-node architecture that allows for improved speed and power without crunching, layer-two solutions, or compromising decentralization.
- Cadence, a new programming language designed with smart contracts in mind.
- Built-in payment, reward and distribution mechanism to help Flow applications engage their communities, find new users and build network value.
How can Flow be different from other blockchains?
> Traditional blockchains require every node to store the entire state of the blockchain, which makes them slow and lack resources. These nodes are also responsible for processing each transaction on the chain.
Flow has improved on this structure by creating a pipeline architecture that separates the jobs typically performed by a single node into five different node types.
This significantly improves the productivity of nodes as it significantly reduces redundant efforts. In order to make this approach work, the Flow team has developed a new and unique cryptographic technique called Expert Proof of Secret Knowledge (SPoCK), which solves the verification problem.
The Flow blockchain also rethinks many design options to improve the usability of the blockchain, not only for developers, but also for consumers. These new design features include scalable smart contracts, human-readable security, and more. The protocol itself is proven by a type of proof-of-stake consensus algorithm originally developed by VMware Research.
The result of all these changes and improvements is a single country common to all smart contracts. This ensures that every transaction carried out by the blockchain has full ACID guarantees. Using this approach, Flow has made it possible for developers to easily and safely reuse other developers' code.
This method allows developers to produce new products more quickly, because the code base is always growing and improving. This feature is known as "combinability". This software is similar to open source software that enables faster innovation and ultimately gives consumers better and better options.
In the graphs below, we will examine the percentage of NFT purchases in each network
- Flow: 2.27
- Ethereum: 4.82
- Sol: 5.83
In the individual graphs below, you will see the swap percentage of each token:
- Flow: 0.0276
- Ethereum: 5.63
- Sol: 16.79