Unique Users refers to the distinct individual entities interacting with a particular decentralized application, protocol, or network over a specified period. This metric provides a measure of actual adoption and engagement, distinguishing individual participants from repeated actions by the same user. In blockchain contexts, it often relates to distinct wallet addresses or verified identities. Tracking unique users is essential for assessing the true reach and utility of a digital service.
Context
Measuring Unique Users accurately in decentralized environments presents challenges due to pseudonymous addresses and the potential for a single user to control multiple wallets. However, it remains a critical metric for understanding the growth and health of blockchain ecosystems. Improvements in on-chain identity solutions aim to provide more precise data on unique user activity and network participation.
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