The Daily Dive #050 - An Examination Of Coin Days Destroyed
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The topic of today's Daily Dive will be coin days destroyed, and examining the recent trends surrounding this metric. The metric coin days was first brought up as “bitcoindays destroyed” by Bytecoin on the forum BitcoinTalk back in 2011. “Coin days” refers to the total number of days that a coin has remained dormant. If one bitcoin has not moved in exactly one year, then that coin would have accumulated 365 coin days. Similarly, if 365 bitcoin last moved one day ago, this would also be worth 365 coin days.
The Daily Dive #050 - An Examination Of Coin Days Destroyed
The Daily Dive #050 - An Examination Of Coin…
The Daily Dive #050 - An Examination Of Coin Days Destroyed
The topic of today's Daily Dive will be coin days destroyed, and examining the recent trends surrounding this metric. The metric coin days was first brought up as “bitcoindays destroyed” by Bytecoin on the forum BitcoinTalk back in 2011. “Coin days” refers to the total number of days that a coin has remained dormant. If one bitcoin has not moved in exactly one year, then that coin would have accumulated 365 coin days. Similarly, if 365 bitcoin last moved one day ago, this would also be worth 365 coin days.