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
Ponzi Scheme
A Ponzi scheme is also referred to as pyramid scheme, and typically takes the form of an investment scheme which pays existing investors with funds collected from new investors.
Yield Farming
Yield farming involves putting cryptocurrency into a DeFi protocol to collect interest on trading fees.
Wallet
Software client that handles storage of cryptocurrencies and allows users to send cryptocurrencies.
Byzantine Fault
A byzantine fault is where an error has occured, yet a computer system does not know due which component/what failed to the lack of information and continues to iterate on a given instruction.
Hungry for more knowledge?
Back to Glossary or Subscribe to our newsletter.