Daily Active Addresses (DAA)
By Cryptomcmillan1 | Updated on May 24, 2020
On a blockchain, users interact with one another through their addresses, and daily active addresses (DAA) refers to the number of addresses which fulfills the defined activity parameter on a given blockchain. DAA is useful to measure how active a given blockchain is, and can be more representative compared to tracking number of transactions.
Related Terms
cc0 NFT
A cc0 NFT is a piece of digital content where the IP rights have been relinquished.
Masternodes
Computers that are responsible for processing blockchain transactions and receive a reward when a block is mined.
Circulating Supply
An approximation of the number of coins or tokens that are currently not locked and available for public transactions.
Ledger
A record of financial transactions that cannot be changed, only appended with new transactions.
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