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RE: Churn Rates on STEEM 2018 Review
I think it's interesting to try and separate historical accounts which have social media activity from those which are purely wallet-activity focused, and that is an absolutely useful metric to go by.
On calculating churn, are we filtering out the new accounts which have had no social media activity? Just for clarity. I only ask because to be active even a little via a posting and voting, an account must be staked, which is much more expensive right now than creating the account in a real sense.
yes I have filtered out new accounts which have no social media activity. some of these may have wallet activity, some also might have steemmonster activity (json) and some may have never logged in.
I'm not fully sure how to treat steemmonster activity. I'm not so convinced I should have excluded these?
Its looks a lot better filtering out accounts this way and I feel its a little more accurate.
I suppose that depends entirely on how you think of Steem Monster activity.
Myself, I am hesitant to class it in with the rest of social media activity on the blockchain because it is only good and only really readable for Steem Monsters. Which is sort of the opposite of how I envision a digital application which can really grow a distributed database solution. From the perspective of someone who doesn't play and who only engages with the steem blockchain via the social media sides of things, it increases the traffic and the load on the servers that I use without providing me even incidental use or interest. From the perspective of someone like me, it's a pure cost.
Compare to one of the other major digital applications on the platform like a video solution which might not particularly carry a video that I want to see you right this moment but I could, at any time, just by going to look and it doesn't require that I play a specific game or get involved at a specific level.
At some point were probably going to have to create a new class of "filterable item" which involves digital applications which encrypt their data payload or otherwise create content which is not intended to involve user interaction outside the specific provenance of that singular application. Steem Monsters won't be the last to play around in that space.
that steemdice thiny is another one, it only uses wallet transactions. Steemmonsters uses json and I have seen many other projects also looking to use JSON. I agree, a new class of filterable items will be the way forwards as the blockchain develops more