Hive: The Growth And Change In 2021

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(Edited)

Sometimes it is best to do a Year in Review. When we are here each day, it is easy to lose sight of what is taking place. For this reason, it might be best to review a few metrics to see how things changed.

Overall, I would say 2021 was a terrific year for Hive. We obviously had the explosion of Splinterlands and all the sign ups that came with that. There are now around 400K people playing that game daily.

That said, we will look at some of the "core" activities on Hive. How did we progress in that area.

We will start by using @penguinpablo's charts and information. Those charts cover a 6 month period so we will be using a post from early June to reach back to the end of 2020. Obviously, the numbers will be from the left hand side of the older charts.

Daily Users

We can see we were bottoming out in this category a year ago. Let us call the range 10k-12K for that period.

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For the past month, we are basically doing 25K-32K posts per day. The is more than a 100% jump from a year ago.

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Daily Votes

At this time last year, we were fluctuating but we can call it the 225K range.

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Now we are running about 275K votes per day.

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Here we see over a 20% jump.

Daily Accounts Transacting

The starting point for this was around 10,000 accounts transacting each day as we closed out 2020.

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For the past month, our daily accounts are round the 15K area.

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We experienced roughly a 50% jump.

Please note this does not include the Splinterlands' activity which is a Custom JSON transaction

Hive Token Distribution

For a couple years, I did a regular post detailing the changes in Hive token distribution in each category as well as the number of accounts. This was stopped as more people started to focus upon other options such as Hive-Engine tokens. This clouds the wealth distribution on Hive.

Nevertheless, it is a good time to take a look back to see where things were.

As a larger scale comparison, I am putting up some charts from when I started on Hive in August of 2017.

MVests

We start with the MVest distribution on 8/1/2017. For those unaware, this is how the levels of Whale, Orca, etc. are determined. Most often the focus is upon Hive Power but the technical aspect is actually the categories are determined by MVests.

Please note this also included the ninja-mined stake which since was removed from the active Hive circulation and locked in the Decentralized Hive Fund.

mvest812017.png

A year ago, here is what the breakdown looked like:

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Today we see a much different story:

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The Year-over-Year change looks like this:

Whales -19.6%
Orcas +31.35
Dolphins +14.99%
Minnows +10.23%
Planktons -4.89%

This is a rather large change. The Whales category lost a fair bit of influence, down just under 20%. We can see the Orcas really gained as a whole, helping to stabilize that aspect of the ecosystem. The Dolphins and Minnows also showed nice growth.

Accounts

Here again, for reference, we will show the chart from 8/1/2017:

acct812017.png

A year ago, the categories broke down as such:

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Today we also see a different story.

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The Year-over-Year change looks like this:

Whales -15.79%
Orcas +28.51%
Dolphins +12.56%
Minnows +5.73%

We will leave Planktons off this since many of those are accounts related to Splinterlands.

What is interesting is the percentage of MVests exceeds that of the accounts in all categories. For the Whales, we see a drop in accounts of 15.79% yet the MVest decline was over 19%. This means that of the Whales left, their percentage, in terms of the whole, was reduced. The reverse is true for the other three categories. One average, each account in those categories gained strength. In other words, the increase was not due solely to newer accounts joining that category.

In Closing

This is some interesting data, something that I had not focused upon in a long time. When we step back, we see the change that took place. We saw nice growth in user activity, with more accounts participating. While it might not be the growth rate we all would like, it still is a rather large number. If we can duplicate this for a few years, we will be in fine shape by the middle of the decade.

The fact that the token distribution is spreading out is very exciting. Quite frankly, considering all the interest in Layer 2 project, I am a bit surprised it was that dramatic. Nevertheless, based upon this data, it is how it unfolded.

All of this leads to the simple conclusion that even outside Splinterlands, there was growth on the blockchain the past year. When we look at activity, accounts participating, and where the MVests (HP) is ending up, we can see the charts leveling out. This is what the passage of time coupled with consistent activity by a growing number of users does.

Thus, we can say that, in spite of the different spats that arise, the system is working on a collective level. Whales have less influence than a year ago whereas the Orcas, Dolphins, and Minnows have more.

We will see what 2022 holds in this regard.

Posts used for data and charts:

https://peakd.com/hive-133987/@penguinpablo/daily-hive-stats-report-tuesday-june-8-2021

https://peakd.com/hive-133987/@penguinpablo/daily-hive-stats-report-tuesday-december-28-2021

https://leofinance.io/@arcange/hive-statistics-20201227-en

https://leofinance.io/@arcange/hive-statistics-20211227-en

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45 comments
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A while ago going through @dalz Hive transaction analysis and it was great to some astonishing transaction level on Hive...post July the transaction on Hive increased heavenly and only BSC is ahead leaving behind btc and eth....here is the snapshot from the post

July it started to grow, and it reached more then 100M transactions in October and November.
For comparison BTC has around 8M to 10M monthly transactions and ETH is around 30M to 40M. BSC is somewhere around 150M to 200M.

Looking at trend, we can only wish to keep the momentum going in for 2022.

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pixresteemer_incognito_angel_mini.png
Bang, I did it again... I just rehived your post!
Week 87 of my contest just started...you can now check the winners of the previous week!
!BEER
1

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When do we reach such a milestone?
How interesting, quite the data.

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I think 2021 has been an abundant year for HIVE and HIVE blockchain, namely for us :)

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It is not a bad place to be in my opinion. We see a lot coming out.

As good as it was this year, next should even be better.

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For the past month, we are basically doing 25K-32K posts per day. The is more than a 100% jump from a year ago.

Because the price of Hive increased, more people are posting. But when will we see a jump in the number of comments? Some people say that they do not have time to write comments, but they often post twice or more times per day, so they have time for posting, but not for commenting, which would actually take much less time than posting.

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I didnt look at the number of comments now compared to what took place before. However, over the last 6 months they are up.

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I think that most people posting several times a day are doing poor quality content and just aiming to make the most rewards possible. Not the case for all, just look at Taskmaster, a minimum of like 3 posts a day and always good content :')

And few comments per day is indeed not complicated when you make several posts a day. And it could probably be better for everyone to make few comments instead of one more post in the day

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This post has been manually curated by @bhattg from Indiaunited community. Join us on our Discord Server.

Do you know that you can earn a passive income by delegating your Leo power to @india-leo account? We share 100 % of the curation rewards with the delegators.

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I must be honest with myself. I left hive early 2021 before returning back and u must say at the long run the year 2021 was actually great for hive. Was a good year after all.

Definitely 2022 will be greater

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It was a terrific year. While it was hard to see while we were on here each day, a lot did happen. Most focused upon Splinterlands which has an outstanding year.

However, as all this data shows, Hive did well outside of Splinterlands. Hopefully we see at least a repeat in the next 12 month (if not a greater increase).

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Congratulations @taskmaster4450! You have completed the following achievement on the Hive blockchain and have been rewarded with new badge(s):

You received more than 1190000 upvotes.
Your next target is to reach 1200000 upvotes.

You can view your badges on your board and compare yourself to others in the Ranking
If you no longer want to receive notifications, reply to this comment with the word STOP

Check out the last post from @hivebuzz:

Christmas Challenge - 1000 Hive Power Delegation Winner
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This is refreshing! It’s nice to have our progress laid out like this to solidify what we all know. Our success is in progress.

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Yes, once in a while it is good to step back and see what things are looking like. It is easy to get buried in the weeds on a daily basis. Nevertheless, the fact that the token distribution appears to be spreading out is very encouraging.

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What I like about this is how many Dolphins have moved up being Orcas now. They are the ones who are very active on Hive and as these numbers grow will make a huge difference overall. We have grown and know what it means to help others and this will continue to happen

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That is one of the more promising developments. As more people are consistently active, they can move up in category. This helps the overall system since the numbers then start to level out. That is, of course, as long as more are moving up into the Dolphin category from Minnow.

We need a consistent flow of people attaining greater levels. That only comes with activity.

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Nice progress in the project... looking forward for more option n feature in 2022

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It is the result of a united community and good foundations, next year will be better, trust me.

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Not posting is like leaving money on the table and then setting it ablaze.

untitled.gif

!PIZZA

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(Edited)

PIZZA! PIZZA!

PIZZA Holders sent $PIZZA tips in this post's comments:
sharkthelion tipped taskmaster4450 (x1)
@ykretz.leo(3/5) tipped @taskmaster4450 (x1)

You can now send $PIZZA tips in Discord via tip.cc!

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Please note this does not include the Splinterlands' activity which is a Custom JSON transaction

I am glad you included this statement because I was really thinking that was quite a low number at first. It is exciting to see that the middle ranks are growing and that the numbers are increasing for the most part.

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I am excited as well as surprised. With all the focus on the Layer 2, Hive-Engine tokens, it is really good to see some activity in terms of growth with HP. People are not completely overlooking that.

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Very encouraging data! It’s great to know that there are now 400k playing Splinterlands. Though I received only 6 vouchers during the pre-sale, I am satisfied to be included among the top 5k CL purchasers!
01-Purchased CL Packs During Pre-sale.png

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We all have areas of focus. Splinterlands certain is sopping up a lot of money. That is a good thing since many are making a great deal of bank on there.

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It's nice to see the distribution happening. The orcas have definitely increased quite a bit despite some people taking profits.

Also I think the actual name for the plankton stage is redfin.

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Ah well whatever they call it. Hopefully we got a lot more Minnow going. We need thousands to get to the 550 HP level.

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It is really nice to see this progress in a yearly timeframe. Especially for those that are around here everyday for several years now. The number of (active) Plankton and Redfish may be subject to swings, but for all the other accounts it is more likely that they stay on board in the winter, as they have skin in the game and getting it back will take some time. Although I am not really a fanboy this long Powerdown periods it will substantially help to overcome harsher times and start on a higher level into greener periods of time.

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It is also a very strong security measure, both individually and for the chain. Now the exchanges reality what a deterrent it really is.

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Wow! This is alot of work, thanks alot. I like the progress the hive community has made. 2022 looks very pregnant!
untitled.gif

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Good analysis bro!
I like to see that there are new faces and more active people!

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(Edited)

I like these charts because they show how we have experience slow and steady growth for a year straight, I think this community will continue to do so as we can all expect 2022 to be the best year ever for $HIVE.

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I think the slow and steady growth is going to explode on us, very soon.

We get a couple things rolling and it is a totally different ballgame.

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It was really smart leaving Splinterlands off of this data collection. Splinterlands is new fun and exciting, thus drawing a lot of headlines.
It is great to learn that even with out Splinterlands Hive has seen significant growth in just a years time :-D

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Splinterlands is in a league of its own right now. What that team did is very impressive.

However, we need to focus upon what is taking place outside of that game. We need to grow in other areas.

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When you say "we need to grow in other areas" were you speaking to a diverse Hive portfolio or did you have specific areas in mind.
From your other posts I know you have explained the importance of HBD so I have been using it more and trying to develop a savings scheme, I am thinking 30% of my total earned HBD to savings... or should we just be holding it liquid?
Seriously I could talk about Hive all day long 😉

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This explains everything in detail. I am glad to witness this great move in hive. More are coming sooner than we expected.

Thanks so much for sharing

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Very informative. Hive is going to skyrocket, the ecosystem is there, the developers are all over it. I’d like to see what the annual round up is this time next year - I think we’re all in for a nice surprise. 💕💕💕💕💕💕

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There is a lot going for it. We are going to see a lot of demand over the course of the next 12 months. It is amazing to watch all that is taking place.

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Love Hive. 2022 is going to be a great year for Crypto . Investing in Hive and Splinterlands is the best decision I've made so far. "Happy New Year Hive Community!!!"

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In the number of account section, what are the grey numbers ? And how is that possible to have less accounts in total than last year since you can't delete accounts ?

Really interesting data, I'm really glad to see a better distribution of Hive between the smaller accounts and a little less for the whales ! !PIZZA

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Yeah I am often confused by some of what is on these charts. But it is what it is.

Gives the overall essence of what is taking place.

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