Hello, fellow Blurtians!
As per our monthly tradition, it’s time once again to delve into the depths of the Blurt blockchain. I apologize for the delay in publishing my monthly analysis but, as you may have seen in my post from yesterday, A French expat in a Thai Hospital, I encountered some issues. Nevertheless, I did provide you with some important information about the Blurt blockchain to chew on during this time 🤣 Like The Efficiency of the Blurt Blockchain, Active Accounts & Total Supply
Since 3 months, a lot has happened on the Blurt blockchain. The preparation of the Blurt HF09 Candidates, The upgrade of Blurt's official frontend and wallet to Blurt Nexus (communities), Currently in open testing, more info here, and other things we'll see as we go along in our analysis.
We’ve seen months that were hot, lukewarm, and everything in between. Now, I invite you to join me as we take a deep dive into the key figures and trends of the past four months, uncovering the state of the Blurt blockchain from October 2023 to January 2024. No need to worry, as usual, I'll do my best to make it easy to understand, and this month, you'll even get a few new additions!
Blocks
In January 2024, the block producers, who are also known as "witnesses" on the Blurt blockchain, had the responsibility of generating 877,406 blocks.
Transactions & Operations
Let's analyze the transactions and operations on the Blurt blockchain over the past four months:
October 2023: There were 246,989 transactions resulting in 251,201 operations. This indicates a high level of activity on the blockchain.
November 2023: The number of transactions slightly decreased to 244,868, leading to 249,354 operations. Despite the slight decrease, the blockchain activity remains robust.
December 2023: The activity slightly increased with 245,599 transactions resulting in 250,356 operations. This shows a consistent level of activity on the blockchain.
January 2024: There was a noticeable decrease in activity with 237,905 transactions leading to 241,996 operations. This could be due to various factors such as seasonal trends or changes in user behavior.
From this data, we can observe that the Blurt blockchain has maintained a consistent level of activity over the past four months, with minor fluctuations. The slight decrease in January could be an area to explore further to understand the underlying causes.
As a reminder, here's what the graph looked like in the previous analysis
New Accounts
Let's analyze the creation of new accounts on the Blurt blockchain over the past four months:
October 2023: There were 79 new accounts created. This sets the baseline for our four-month analysis.
November 2023: The number of new accounts increased significantly to 114. This suggests a growing interest in the Blurt blockchain.
December 2023: There was a decrease in new accounts to 60. This could be due to various factors such as seasonal trends or changes in user behavior.
January 2024: The number of new accounts rose again to 106. This is a positive sign and indicates a renewed interest in the Blurt blockchain.
From this data, we can observe that the creation of new accounts on the Blurt blockchain has been fluctuating over the past four months. Despite the decrease in December, the overall trend shows a growing number of new accounts, which is a positive sign for the Blurt community. It's also worth noting that the number of new accounts in January is higher than the numbers in October and December, indicating a promising start to the new year.
In my previous posts, we observed that 7,194 accounts have been created since the launch of the Blurt blockchain, indicating a 1.47% increase in created accounts for the month of January.
Exciting Developments on the Horizon
In my previous analysis post, I shared about the development of a new module for the Blurt Nexus. This module, which allows every new account to be associated with a marketing campaign and a referrer account, is designed to enhance onboarding campaigns organized on Blurt. The referrer can benefit from a portion of the author’s curation of their affiliate, incentivizing the growth of the Blurt community.
Importantly, this development does not require a Hardfork and can be utilized by any Blurt frontend or dedicated Blurt onboarding page, meaning it’s not exclusive to BeBlurt. I am also available to assist any developers interested in integrating or implementing it.
Now, I am thrilled to share that the official Blurt frontend, which includes the Nexus module and the affiliation system, is currently in testing and will be released soon (thanks to @saboin & @symbionts). This is an exciting development that is expected to significantly increase the number of new accounts being onboarded to the Blurt blockchain. Stay tuned for more updates on this front!
With these developments, we can look forward to seeing a surge in the number of new accounts in the coming months. This is indeed a promising time for the Blurt community.
Active Accounts
Let's analyze the active accounts on the Blurt blockchain over the past four months:
October 2023: There were 1,254 active accounts. This sets the baseline for our four-month analysis.
November 2023: The number of active accounts increased significantly to 1,481. This suggests a growing activity on the Blurt blockchain.
December 2023: There was a slight decrease in active accounts to 1,423. This could be due to various factors such as seasonal trends or changes in user behavior.
January 2024: The number of active accounts decreased again to 1,308. This is still higher than the number in October, indicating a net increase over the four months.
From this data, we can observe that the number of active accounts on the Blurt blockchain has been fluctuating over the past four months. Despite the decrease in December and January, the overall trend shows a growing number of active accounts, which is a positive sign for the Blurt community.
In my previous post, we noted that there were 12,915 unique active accounts since the start of the Blurt Blockchain. This implies that approximately 10.13% of users are consistently connecting each month. This percentage serves as an indicator of user retention, illustrating that a substantial portion of users who have previously been active on the Blurt Blockchain continue their engagement on a monthly basis. While a 10.13% retention rate is commendable, there is always potential for further growth.
As a reminder, here's what the graph looked like in the previous analysis
it's clear that the Blurt community has been growing steadily.
Distinct Authors
What about the number of unique authors on the Blurt blockchain? Let's analyze the distinct authors on the Blurt blockchain over the past four months:
October 2023: There were 734 distinct authors. This sets the baseline for our four-month analysis.
November 2023: The number of distinct authors increased significantly to 828. This suggests a growing number of contributors on the Blurt blockchain.
December 2023: The number of distinct authors slightly increased to 831. This shows a consistent growth in the number of contributors.
January 2024: The number of distinct authors decreased to 732. This is nearly the same number as in October, indicating a cyclic pattern in the data.
From this data, we can observe that the number of distinct authors on the Blurt blockchain has been fluctuating over the past four months. Despite the decrease in January, the overall trend shows a growing number of distinct authors, which is a positive sign for the Blurt community.
It's also worth noting that the number of distinct authors is a good indicator of the diversity of content on the Blurt blockchain. A higher number of distinct authors means a wider variety of content, which can attract more users to the platform.
As a reminder, here's what the graph looked like in the previous analysis
it's clear that the Blurt community has been growing steadily.
Posts & Replies
Let's analyze the posts and replies on the Blurt blockchain over the past four months:
October 2023: There were 12,593 posts and 14,416 comments made by 380 distinct accounts. This sets the baseline for our four-month analysis.
November 2023: The number of posts increased to 13,050 and comments to 16,528, made by 393 distinct accounts. This suggests a growing activity on the Blurt blockchain.
December 2023: The number of posts slightly decreased to 12,409, but the comments increased to 15,129, made by 349 distinct accounts. This shows a consistent level of activity on the blockchain.
January 2024: Both the number of posts and comments decreased to 12,161 and 13,799 respectively, made by 338 distinct accounts. This is still higher than the numbers in October, indicating a net increase over the four months.
From this data, we can observe that the number of posts, comments, and distinct authors on the Blurt blockchain has been fluctuating over the past four months. Despite the decrease in January, the overall trend shows a growing number of posts, comments, and distinct authors, which is a positive sign for the Blurt community.
As a reminder, here's what the graph looked like in the previous analysis
But who are the 338 unique accounts responding to the post if we exclude the bots? Here is a concise list of 30 accounts among them.
Communities Posts & Authors (Blurt Nexus)
Blurt Communities have shown significant growth, with a total of 50 Blurt Communities created as of today, which is an increase of 23 communities compared to October. Let's analyze the posts and authors in these communities over the past four months:
October 2023: There were 302 posts made by 35 distinct authors. This sets the baseline for our four-month analysis.
November 2023: The number of posts decreased slightly to 271, but the number of distinct authors increased to 37. This suggests a growing diversity of contributors in the Blurt Communities.
December 2023: The number of posts increased to 352, made by 39 distinct authors. This shows a consistent growth in the number of contributors and posts in the communities.
January 2024: The number of posts increased significantly to 421, made by 42 distinct authors. This is the highest number of posts and authors in the past four months, indicating a strong start to the new year.
From this data, we can observe that the number of posts and distinct authors in the Blurt Communities has been increasing over the past four months. This is a positive sign for the Blurt community as it indicates a growing level of engagement and diversity in the communities.
If you're interested in learning more about Blurt communities in general, and why not create your own Blurt Community, I invite you to read this post: COMMUNITIES Have Arrived on the Blurt Blockchain or this one Blurt Blog Communities | Public Testing
Frontends / dApps
Let's take a look at how the posts are distributed by Frontends / dApps.
In the electrifying world of Blurt, the past four months brought a rollercoaster of trends among our top frontends! 🚀
👉 Blurt's Official Frontend:
- October 2023: There were 9,024 posts.
- November 2023: The number of posts increased to 9,294.
- December 2023: The number of posts slightly decreased to 9,238.
- January 2024: The number of posts decreased to 8,997.
Like a phoenix rising, we witnessed a stunning surge in posts in November and December! This breaks the monotony of consecutive monthly declines and sets a thrilling tone for the Blurtverse! 🌐 Explore more
🏃♂️ Actifit:
- October 2023: There were 1,330 posts.
- November 2023: The number of posts slightly increased to 1,333.
- December 2023: The number of posts decreased to 1,293.
- January 2024: The number of posts decreased to 1,276.
Caught its breath with a slight dip, clocking in at 1,276 posts in January. A small hiccup, but fitness enthusiasts are known for their stamina! 💪 Get Active
📉 Blurtlatam:
- October 2023: There were 1,018 posts.
- November 2023: The number of posts significantly increased to 1,160.
- December 2023: The number of posts decreased to 530.
- January 2024: The number of posts decreased to 461.
Unfortunately, it faced a cosmic dip, with 461 posts in January – a decline compared to previous months. A brief interstellar setback, but the stars may align differently next month! 🌌 Discover
🎥 Dtube:
- October 2023: There were 239 posts.
- November 2023: The number of posts decreased to 209.
- December 2023: The number of posts increased to 212.
- January 2024: The number of posts decreased to 192.
Experienced a more dramatic drop, hitting 192 posts in January. Lights, camera, action – a script rewrite might be in order for Dtube! 🎬 Lights, Camera, Dtube!
🚀 BeBlurt:
- October 2023: There were 705 posts.
- November 2023: The number of posts decreased to 672.
- December 2023: The number of posts increased to 749.
- January 2024: The number of posts decreased to 665.
The rising star! With an exhilarating increase, BeBlurt soared to 665 posts in January. It's not just a frontend; it's a rocket ready for liftoff! 🚀 Blast Off
As the Blurtiverse continues its cosmic journey, these trends paint a dynamic picture of diverse user preferences and frontend flavors. Stay tuned for more adventures in the coming months! 🚀🌌✨
Because this metric alone isn't sufficient for accurately defining the popularity of a frontend, it's time to examine a graph representing the distribution of authors for each frontend.
Now let's see what's happening on the financial side
Authors Rewards
How much did content creators earn in rewards last month? We'll soon find out.
You don't understand the significant decrease in author rewards, allow me to rephrase it then. If I say, "A big thank you to the authors who have chosen to partially burn their rewards by adding the account null to the list of beneficiaries in their posts", is it clearer? 🤣
Top 10 accounts that received the highest Authors Rewards:
- 22,796 BLURT : @rubelynmacion with 286 posts & replies
- 16,594 BLURT : @offgridlife with 185 posts & replies (up 2 positions)
- 14,971 BLURT : @cjsdns with 31 posts & replies (up 2 positions)
- 14,254 BLURT : @powerego with 31 posts & replies (up 5 position)
- 12,391 BLURT : @hangin with 112 posts & replies (down 2 position)
- 11,685 BLURT : @parkname with 63 posts & replies (up 8 position)
- 10,973 BLURT : @cleanenergygarro with 128 posts & replies (down 5 position)
- 10,896 BLURT : @jstory with 26 posts & replies (up 5 position)
- 10,833 BLURT : @oneray with 69 posts & replies (up 8 position)
- 10,377 BLURT : @baiboua with 51 posts & replies (up 10 position)
Curators Rewards
A graph far to be similar to the Authors Rewards 🤣
Why? Why it's not similar to the authors rewards?? You don't understand, allow me to rephrase it then. If I say, "A heartfelt thank you to the authors who have opted to partially burn their rewards by adding the null account to the list of beneficiaries in their posts. As a curator, this has absolutely no impact on my rewards.", is it clearer? 🤣
Top 10 accounts that received the highest Curators Rewards:
- 338,712 BLURT : @blurtbooster with 3,914 upvotes
- 151,922 BLURT : @upvu with 1,592 upvotes
- 127,372 BLURT : @ctime with 2,439 upvotes
- 46,664 BLURT : @mmmmkkkk311 with 2,027 upvotes
- 42,202 BLURT : @primeradue with 5,323 upvotes
- 37,705 BLURT : @beblurt with 1,109 upvotes
- 35,898 BLURT : @saboin with 602 upvotes
- 26,933 BLURT : @mariuszkarowski with 2,060 upvotes
- 25,595 BLURT : @mk-int-token with 569 upvotes
- 24,080 BLURT : @sagarkothari88 with 3,688 upvotes (up 1 positions)
Thanks to all 61 delegators of the BeBlurt's MyDelegation program it's now 5,221,075 BLURT POWER dedicated to manual curation 🎊
If you'd like to join the BeBlurt Delegation program and help us distribute even more rewards next month via 100% manual curation, I invite you to read this post: BeBlurt's MyDelegation program with 85% Rewards Back.
I would also like to invite you to upvote BeBlurt's curation comment on your posts. The author's reward of the comment will be given to the curators in the following way:
- 45% of the author's reward for the curator requesting the curation
- 35% of the author's reward for the curator validating the curation request
- 20% of the author's reward for @beblurt
Beneficiaries Rewards
The Beneficiary Rewards on the Blurt blockchain refer to a system where a portion of the rewards generated from a post or comment on the platform is allocated to a designated beneficiary account. This beneficiary account can be any account on the Blurt blockchain that the author of the post or comment chooses to support.
And we can clearly see the difference in rewards reflected in the null account.
BLURT burned
While we're at it, how about creating a graph for the burned BLURT?
January 2024: 464,127.204 BLURT were burned
- Fees: 43,292.872 BLURT were burned
- Beneficiary: 141,804.032 BLURT were burned
- Proposal: 278,565.3 BLURT were burned
- Transfer: 465 BLURT were burned
Power Up / Down
Power Up / Down Analysis
Let's analyze the Power Up and Power Down activities on the Blurt blockchain over the past four months:
October 2023: There was a significant Power Up activity of 13,588,544.96 and Power Down activity of 11,802,059.332 due to transfers between alias accounts.
November 2023: The Power Up activity decreased to 2,940,076.181 and Power Down activity also decreased to 3,132,496.536. Despite the decrease in both activities, the net staked Blurt remained positive.
December 2023: The Power Up activity increased to 4,242,174.31 and Power Down activity also increased to 4,739,765.93. This shows a consistent level of activity on the blockchain.
January 2024: Both the Power Up and Power Down activities decreased to 3,328,084.427 and 4,364,833.088 respectively. This is still higher than the numbers in November, indicating a net increase over the four months.
Top 10 Power Up are:
521,000 BLURT: @symbionts
433,670.441 BLURT: @bluesniper
365,800 BLURT: @robroy-delegate
306,000 BLURT: @blurtbooster
301,824 BLURT: @blurtify
198,143 BLURT: @hanley03
161,000 BLURT: @csafu
140,150 BLURT: @robroy-blurt
100,000 BLURT: @sagarkothari88
66,300 BLURT: @r2cornell-curate
Before listing the Top 10 Power Downs, a little clarification, doing a power down does not necessarily mean selling your BLURTs but simply putting them in liquidity ;)
Top 10 Power Downs are:
832,767.731 BLURT: @blurtbooster
753,752.733 BLURT: @saboin
559,723.597 BLURT: @globetrottergcc
325,437.983 BLURT: @offgridlife
294,307.04 BLURT: @r2cornell
222,158.995 BLURT: @dsc-r2cornell
120,119.474 BLURT: @rycharde
88,785.279 BLURT: @initblurt
75,689.837 BLURT: @upvu
69,835.228 BLURT: @priyanarc
Transfer from & to Exchanges
As a reminder: Only Probit and PancakeSwap (BBLURT) are recognized as an exchange for BLURT by CoinGecko and CoinMarketCap and only the values of this exchange determine the value and volume of exchange on these 2 major websites of the crypto world!
To Exchanges
Top 5 Accounts transfers to Exchanges are:
- 559,727.073 BLURT: @globetrottergcc
- 266,989 BLURT: @jferdous
- 155,700 BLURT: @alikhan9700
- 148,464.69 BLURT: @blurtopian.bank
- 100,000 BLURT: @world-travel-pro
From Exchanges
Top 5 Exchanges transfers to Accounts are:
- 450,136.872 BLURT: @bluesniper
- 265,902.612 BLURT: @jferdous
- 161,179.166 BLURT: @csafu
- 147,686 BLURT: @alikhan9700
- 125,439.17 BLURT: @blurtopian.bank
Delta from/to Exchanges
Witnesses votes
Let's take a look at the witness votes over the past four months:
October 2023: The month saw 193 votes from 61 unique accounts. This was the lowest voting activity among the four months.
November 2023: There were 305 votes from 72 unique accounts. Despite the decrease in total votes, the number of participating accounts increased, indicating a wider distribution of votes.
December 2023: The number of votes was similar to January, with 320 votes. However, these votes came from a larger pool of 57 unique accounts, suggesting a broader participation.
January 2024: There were 319 votes cast by 37 unique accounts. This indicates a high level of engagement from a relatively smaller group of accounts.
From this data, we can observe that there are really only a minority of voters for Blurt's governance and witnesses, which is really sad and not motivating for those investing their time to make this blockchain evolve, seeing it as a lack of recognition.
A witness node in the Blurt blockchain verifies incoming transactions, produces blocks when scheduled, and participates in governance. There is also a formal expectation that witness nodes will defend the Blurt blockchain, review the software, and foster the Blurt community. If you want to know more I invite you to read my old post: One Year as a Witness: A BLURT Block Producer's Journey.
It's important to carefully consider and analyze before voting for a witness. It's a significant responsibility given to every Blurtian, as it greatly impacts the quality of the Blurt blockchain network.
Similarly, it's important to remove votes from deactivated or inactive witnesses, especially if the inactivity is due to an outdated blockchain version, leading to block collisions or delays.
As a reminder, you can manage your witness votes via:
Conclusion
In conclusion, the Blurt blockchain has experienced various ups and downs over the past four months, but overall, it's evident that the community is growing and evolving. The introduction of new features, such as the Blurt Nexus module and affiliation system, holds great promise for the future, especially in terms of onboarding new users.
The consistent activity in terms of posts, comments, and distinct authors reflects a vibrant and engaged community. While there may be fluctuations in certain metrics, the overall trend is positive.
The growth in the number of Blurt Communities and the increasing activity within these communities further demonstrate the diversity and richness of content on the platform. The development of various frontends and dApps adds to the dynamic nature of the Blurt ecosystem.
On the financial side, the burn of BLURT and the distribution of rewards to authors, curators, and beneficiaries showcase the economic activity on the platform. The Power Up and Power Down activities indicate the ongoing commitment of users to stake and utilize their BLURT.
Witness voting, while showing a relatively low number of voters, is a critical aspect that the community should actively engage with to support and recognize the efforts of witnesses contributing to the Blurt blockchain's stability and growth.
Overall, the Blurt blockchain is on a positive trajectory, and with continued community involvement and development efforts, it can further solidify its position in the decentralized social media space.
Thank you for joining me on this journey through the Blurt blockchain, and I look forward to sharing more insights in the future. If you have any questions, feedback, or specific topics you'd like me to cover in the next analysis, feel free to let me know in the comments.
Happy Blurtian journey! 🚀
How to support my work on Blurt
- Backing my Witness:
It only takes a click since you're entitled to 30 witness votes with your Blurt account. Even if I'm already in the top 20 and it won't generate more BLURT for me, it will secure my position, and it's always appreciated.
via BeBlurt: https://beblurt.com/@nalexadre/witness
via Wallet: https://blurtwallet.com/~witnesses?highlight=nalexadre
- Endorsing my Proposal:
This would allow me to surpass the burning proposal and regain the additional 1,000 BLURT from my proposal.
via BeBlurt: https://beblurt.com/proposals
via Wallet: https://blurtwallet.com/proposals
- Making a Difference with a Donation:
This blockchain is our community, and your donation, via a transfer to my @nalexadre account with "donation" in the memo, helps fuel ongoing initiatives.
Your active participation fuels these initiatives and ensures the continued growth of our Blurt community. Let's make a difference together!
Original background photo of this post by Choong Deng Xiang on Unsplash
We have still christmas in the BlurtBlog-Logo.....very innovative!
...the blurt token IS THE PRODUCT - not social media content.
When hopium and 'feel good narratives' conflict with the empirical evidence - I.E. the PRODUCT losing over 50% of it's value in 12 months- it raises many questions...at least, it does to the thinking individual.
Posted from https://blurtlatam.intinte.org
I think there's something screwy with how your script calculates power down.
It shows my alts as having powered down, but that is not the case. The power down was from my main account, and it transferred the Blurt Power to my alts via vesting withdrawal routes.
That means that my alts should show as powered up, while my main account should show as powering down.
Alright, corrected it! Seems like my painkillers led me to choose the wrong field of the answer of my request, I selected
to accountinstead offrom account😅 Thanks for catching that mistake! 👍 I should have stuck with my initial instinct, paused before delving into the financial details, and tackled it tomorrow.Great information… what is the “Proposal” shown here ?
Nice to see so much Blurt being burned every day. 🔥
Happy to be burning a little Blurt.
Proof-of-Burn
Source: https://www.investopedia.com/tech/cryptocurrency-burning-can-it-manage-inflation/#:~:text=This%20is%20usually%20compared%20to,demand%2C%20causing%20a%20value%20increase.