Size estimation of read.cash

8 360
Avatar for Read.Cash
4 years ago
Topics: read.cash

Reddit asked us: "How big is read.cash compared to other similar sites?"

Well, here's our best estimate on the 53rd day of existence of read.cash:

The Mediumular System (It's like "solar", but around "Medium", get it?)

[BREAKING NEWS: Due to the late discovery, publish0x.com was added to the first slide, but not to the rest]

Hard to see, let me show you our proud little dot a bit closer:

How did we come up with this estimate? Well, like you do all science - by googling!

(Actually, we're typically ducking, but you get it)

This guy ducks! (Credit: "Silicon Valley")

In this case, we had to google, because DuckDuckGo doesn't show the estimate of the results count.

Whenever you google something - you get this thing:

It's not perfect and changes constantly (seemingly it's more of a random guesstimate, rather than an exact number), but it should suffice in comparison of the sizes.

We took a few common words: "bitcoin", "fact", "reason", "uses", "presence" (just some random words) and compared the results count in Google for most popular article sites (well, Medium doesn't pay anything to the authors, but it's the biggest of them all, so included for comparison)

Just for fun we can calculate the "market share" for each word:

"market share" - divide each result by a sum of all results in a row

Ok, it seems reasonably within range. read.cash isn't exactly zero... but close to it.

Now we can "normalize" the results by dividing each result by the smallest one (read.cash):

The number in a cell shows "how many times more Google results were there for each particular word than on read.cash", so for example honest.cash had 17 times more pages with the word "bitcoin" than read.cash and medium had 306000 times more pages about "fact" than read.cash.

Lots of growing to do!

After that, we have averaged each column and took a square root to find out the side of a square to draw.

It's not an ideal method, but it should get some feeling of the sizes...

...and that's what you see:

Just for fun, as cubes:

The good news is that we only have 99.996% left to grow to be as big as Medium! Hold my beer...

And here's the timeline of all of the projects:

Sponsors of Read.Cash
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2
$ 1.40
$ 1.00 from @btcfork
$ 0.25 from @YouKnowMyName
$ 0.10 from @majamalu
+ 1
Avatar for Read.Cash
4 years ago
Topics: read.cash

Comments

Yes i don't no

$ 0.00
4 years ago

Yes, read.cash is still very small, but also very young. But you have something the others don't. You react very quickly to user requirements and are constantly getting better. Keep it up, then you will overtake the others.

$ 0.10
4 years ago

Thanks! Here's hoping! :)

$ 0.00
4 years ago

Though for us this comparison is not to fee small or bad, it's to have a real feel of the real situation. If you don't analyze your business, you have no idea what's going on :)

$ 0.00
4 years ago

Looks like this comparison is in terms of content on the sites, right?

Another interesting comparison would be daily active users. I think there the comparison between read.cash and Yours / Honest might not show such a large difference as the diagram currently suggests.

Guess what I'm saying is, keep going, I think read.cash has excellent improvement velocity and is my current favorite such site. More of the BCH community that's currently publishing on Medium should use it, imo.

$ 0.10
User's avatar btcfork
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4 years ago

Yes, you are technically correct - the best kind of correct.

Alas, we don't have the numbers to do the comparison. The best guess we can get is from similarweb (which is also a "guesstimate") https://www.similarweb.com/website/medium.com?competitors=steemit.com It shows that medium is about 23 times more popular than steemit and we have no idea how more popular than read.cash, since we don't have Google Analytics (tracking, yuck!)...

BTW 23 times is pretty close if we compare the word "fact" on steemit (17K results) and Medium (306K) results = 306/17 ≈ 18.

$ 0.10
4 years ago