09:42:18 <midipoet> What is the best way/site for comparing on-chain volume of different cryptocurrencies/networks (txs or $)? For Monero, obviously $ is difficult, so what is the next best parameter? Is it amount of transactions, or active addresses? I am guessing that obtaining a good estimate for active addresses is difficult, given the use of stealth addresses? 
09:43:56 <midipoet> I found this site: https://www.tradingview.com/markets/cryptocurrencies/prices-most-transactions/
09:46:13 <midipoet> It seems relatively legit, but i am trying to understand why DOGE would have double the amount of on-chain txs and LTC has 7 times as many. any ideas?
09:49:29 <sech1> https://bitinfocharts.com/
09:50:21 <m-relay> <o​frnxmr:xmr.mx> same reason bitcoin volume changes by 90% when the bots stop botting
09:50:41 <m-relay> <o​frnxmr:xmr.mx> Spam and arbitrage
09:51:01 <sech1> https://bitinfocharts.com/comparison/monero-transactions.html and you can add more coins to the chart there
09:54:26 <midipoet> thank you!
09:54:38 <midipoet> > Spam and arbitrage
09:55:12 <midipoet> would arbitrage opportunities be that high? seems a lot of transactions (assuming its 24 hours)
12:49:42 <m-relay> <r​ucknium:monero.social> midipoet: AFAIK, bitinfocharts is the best for a quick look. LTC has had some "interesting" things put on its blockchain. A game: https://www.litebringer.com/ . And "We present results from UWeb experiments with writing 268.21 MB of data into the live Litecoin blockchain, including 4.5 months of live-feed BBC articles, and 41 censorship resistant tools." https://petsymposium.org/p<clipped mess
12:49:42 <m-relay> <r​ucknium:monero.social> opets/2022/popets-2022-0011.php
12:50:13 <m-relay> <r​ucknium:monero.social> On arbitrage:
12:50:14 <m-relay> <r​ucknium:monero.social> > We show that the vast majority of Bitcoin transactions between real entities are for trading and speculative purposes. Starting from 2015, 75% of real bitcoin volume has been linked to exchanges or exchange-like entities such as on-line wallets, OTC desks, and large institutional traders.
12:50:18 <m-relay> <r​ucknium:monero.social> Makarov, Igor, and Antoinette Schoar. 2021. “Blockchain Analysis of the Bitcoin Market.” Working Paper 29396. Working Paper Series. National Bureau of Economic Research. https://doi.org/10.3386/w29396.
14:35:21 <midipoet> Thanks rucknium. I guess it's pretty difficult to differentiate "real value transfer" transactions on chains that have other uses. Maybe set some threshold of tx value, under which can be presumed to be related to some other purpose. Pretty crude heuristic though. 
14:37:00 <m-relay> <r​ucknium:monero.social> What's the research question? Or the hypothesis?
17:58:37 <midipoet> on this matter, there isn't a defined one. i am just trying to understand how Monero compares to other "pure" cryptocurrencies with regards to on-chain transfers. 
19:42:16 <m-relay> <r​ucknium:monero.social> midipoet: Maybe my table "UTXO-based cryptocurrency usage as payment by percent (payment processors and merchants)" on page 69 may be useful:
19:42:16 <m-relay> <r​ucknium:monero.social> https://github.com/Rucknium/OSPEAD/blob/main/CCS-milestone-1/pdf/PRIVATE-OSPEAD-Fully-Specified-Estimation-Plan.pdf
19:48:12 <m-relay> <r​ucknium:monero.social> Around 2016-2017, the Survey of Consumer Payment Choice had questions about which coins people used to make payments. I don't think they ever asked about XMR. https://www.atlantafed.org/banking-and-payments/consumer-payments/survey-and-diary-of-consumer-payment-choice
19:48:54 <m-relay> <r​ucknium:monero.social> Those years, the survey had one of my favorite survey questions:
19:48:56 <m-relay> <r​ucknium:monero.social> > Please describe where you deposit or store your virtual currency.
19:48:58 <m-relay> <r​ucknium:monero.social> > [open ended text box big enough to write a few sentences]