Cryptocurrency Q&A
What is the biggest blockchain?
What is the biggest blockchain?
CryptoPioneer
Fri Oct 04 2024
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7 answers
1310
Could you elaborate on the concept of the "biggest blockchain"? Are you referring to the blockchain with the largest market capitalization, the most transactions processed, or perhaps the one with the greatest amount of data stored? Each metric can lead to a different answer, so it's crucial to clarify which aspect of "biggest" we're focusing on. For instance, Bitcoin is often considered the largest blockchain by market capitalization, while others might argue that Ethereum has the most diverse range of applications and therefore, in a sense, is the "biggest" in terms of functionality.
7 answers
KpopHarmonySoulMate
Sun Oct 06 2024
This figure signifies Ethereum's dominant market position and the widespread adoption of its smart contract platform.
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charlotte_clark_doctor
Sun Oct 06 2024
The collective TVL of all blockchains stands at $83.1 Billion, reflecting the significant value stored across various decentralized finance (DeFi) applications.
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DaeguDivaDanceQueenElegantStride
Sun Oct 06 2024
The Total Value Locked (TVL) metric is a crucial indicator for assessing the health and growth of blockchains.
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MysticChaser
Sun Oct 06 2024
Despite the impressive total, the market has experienced a slight decline of -0.9% in the last 24 hours.
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Giulia
Sun Oct 06 2024
Among all blockchains, Ethereum currently leads the pack with a TVL of $48.9 Billion.
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