It's been 2 weeks since the launch of SmartBCH Sidechain. It is time to take stock of its use. The total of contract actions has risen steadily and is now around 40000. However, there are still very few transactions per block. The number is around 3 to 4. There were a maximum of 6 transactions per block. A lot of blocks are still empty. It's no wonder, the smartBCH sidechain is still hardly known. The statistics of the locked BCH are interesting. Initially, 20,000 BCH were brought into the smartBCH sidechain in one go. On 5 September, a second push with 20,000 BCH took place. Presumably it was the creators of the sidechain who fed it with some BCH. We will see in a few weeks how the use of SmartBCH continues to develop. (The drop in the statistics to zero is caused by the failure of the SmartBCH and should be ignored) Source: https://smartbch.fountainhead.cash/grafana/d/GUnTOBGnz/smartbch?orgId=1&refresh=5s&from=now-30d&to=now #SmartBCH #usage
7 comments
It looks exponential.
Indeed, however, in total there are only 40,000 contracts transactions in 2 weeks. Bitcoin Cash Blockchain has 100000 per day. The gradient still has to increase.
Yes but you are so early into smartBCH and probably expect things to happen quickly. I would buy flexcoin, which I think Coinflex plan to use on smartBCH. It also didn't react to the crypto crash that just happened.
Flexcoin is only traded on very few exchanges, probably why it has not reacted. There are probably no BTC/FLEX or ETH/FLEX pairs either.
Only USD
That is why it remains standing. Everything that is attached to BTC goes down.
Cool, I like.