The last 48 hrs has proven to be a full blown experiment on the #Litecoin blockchain with the announcement of the RPG game @litebringergame
It has shown how the use of every move in the game affects #LTC in various ways (cont...) 2/ #Litecoin's daily numbers are fairly consistent, from hashrate, trx fees, volume, etc.
But after the announcement yesterday that #Litebringer was live & built on the #LTC blockchain, those numbers changed drastically in some areas.
Was that good or bad? Let's find out...👇
May 28, 2020 • 10 tweets • 8 min read
A thread:
Non-monetary inputs are an important indicator of actual usage on a blockchain. #Litecoin's NMO% is 2% or lower. Many times 0%.
This chart below shows #LTC is 99% used for monetary trx's.
Others use it for sending weather, info, etc.
Know what you are investing in.
Over the past 24 hrs, there were 30,559 #Litecoin trx's worth $83,876,422. With a median trx value of $58.93 & median trx cost of $0.00081.
The last 24 hr non-monetary output % was 1%.
That means 99% of all #LTC trx's involve actual monetary trx's between wallets. Continued...