A statistical examination of utilization trends in decentralized applications

Frontiers in Blockchain

Blockchain

Mathias Bärtl¹ 

[1] null;

关键词: decentralized applications;    dApp;    statistical analysis;    trends;    trend analysis;    blockchain;    dApp popularity;   

DOI  :  10.3389/fbloc.2023.1206330

 received in 2023-04-15, accepted in 2023-08-02,  发布年份 2023

来源: Frontiers

【 摘 要 】

Decentralized applications (dApp) have proliferated in recent years, but their long-term viability is a topic of debate. However, for dApps to be sustainable, and suitable for integration into a larger service networks, they need to attract users and promise reliable availability. Therefore, assessing their longevity is crucial. Analyzing the utilization trajectory of a service is, however, challenging due to several factors, such as demand spikes, noise, autocorrelation, and non-stationarity. In this study, we employ robust statistical techniques to identify trends in currently popular dApps. Our findings demonstrate that a significant proportion of dApps, across a range of categories, exhibit statistically significant positive overall trends, indicating that success in decentralized computing can be sustainable and transcends specific fields. However, there is also a substantial number of dApps showing negative trends, with a disproportionately high number from the decentralized finance (DeFi) category. Furthermore, a more detailed inspection of time series segments shows a clearly diminishing proportion of positive trends from mid-2021 to the present. In summary, we conclude that the dApp economy might have lost some momentum, and that there is a strong element of uncertainty regarding its future significance.

【 授权许可】

Unknown   
Copyright © 2023 Bärtl.