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
Algorithmic Stablecoin
Algorithmic stablecoins are tokens pegged to a fiat currency which is usually the US dollar, purely through software and specific conditions.
Soft Fork
A backward-compatible update to a decentralized blockchain protocol.
Ring Signature
A type of digital signature performed in a group where it becomes impossible to determine which member's key in the group were used for the digital signature.
Impermanent Loss
Temporary loss of funds due to volatility leading to divergence in price between token pairs provided by liquidity providers.
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