I don’t know where else to ask this question, so I’m asking here.
Recently there was a post on r/cardano that shows Cardano transacts more value in 24 hrs than Ethereum. Here’s a link to the post.
The post is basically just a screenshot of this messari.io page.
I’ve seen quite a few criticisms about this stat, mostly stating that utxos somehow inflate the transaction amounts, and/or something about the sending wallet amount being included in the amount. I looked at a few of the transactions I’ve made over the years, and I am able to see the “sent” utxo and the “return” utxo, so clearly there is a way to distinguish.
So, I’m inclined to believe messari got it right. But, I’ve tried to verify this by looking at all of the different blockchain explorers to see what transaction value stats they have, and none of them seem to be reporting that data. If this data is simple to derive, why isn’t it more readily available? Is there a way to verify messari’s data? Is there a way to see this info on any blockchain explorer? I think this transaction value metric is very interesting and as the Cardano ecosystem grows, this will be a metric that can/will be used to compare and distinguish Cardano from other blockchains. I think it’s important that we get this metric right.