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
Directed Acyclic Graph (DAG)
Directed acyclic graphs refers to a data structure that is built in one single direction, yet branches out and never repeats.
Decryption
The process of decrypting data that was previously encrypted (made unreable) back to a readable form.
IEO
Initial Exchange Offering (IEO) is a spin-off of Initial Coin Offering (ICO), where the sale of tokens are conducted on an exchange rather than by the coin team themselves.
Block Confirmation
Refers to the number of confirmation a particular block has. Each block ahead of the referenced block adds one block confirmation to it.
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