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    NEAR - 33. Evaluating NEAR Social Metrics

    User engagement: How many users are actively using the platform, and how frequently are they posting, commenting, and sharing content? User retention: How many users continue to use the platform over time, and how often do they return to the platform after their initial visit? Network effects: How quickly is the user base growing? Provide any other metrics that may be useful in this analysis. NEAR Horizon: How much of NEAR social transactions/activity is being used for NEAR Horizon? Percentage? Number of users? Please provide a detailed breakdown of these metrics, including any significant trends or changes observed over the past two years. Graphs, charts, or visual representations are encouraged to enhance the clarity of the analysis

    NEAR

    Near Protocol is a layer 1 blockchain network. It provides a platform on which developers can build decentralized applications (dapps). The most successful layer 1 blockchain is Ethereum, so protocols like Near are seen as challengers. The key yardsticks for layer 1 networks are transaction costs, speed and the ability to maintain those features as transaction volumes grow. These factors are the focus for layer 1s like Near to improve upon Ethereum, which has encountered issues with costs and speed over the last few years. Near Protocol is faster and cheaper than Ethereum. More importantly, it promises to be faster than some of the other largest challengers. When fully implemented, Near is expected to be able to process up to around 100,000 transactions per second (TPS). Ethereum’s largest rival, Solana, averages less than 3,000 transactions per second, according to its own blockchain explorer. Ethereum averages double-digit transactions per second. Bitcoin does less than 10. Outside the crypto sphere, an important comparison is Visa’s (V) capacity. The global payments giant processes around 7,000-8,000 TPS, based on its claim of 232.5 billion transactions over a 12-month period. Near Protocol could eclipse that, though it has not yet realized its theoretical potential as of July 2022. “Near has built technology to enable transactions that are fast (~1 second), quick to finality (~1-2 seconds), cheap (less than a penny), and secure,” crypto research firm Messari noted in March 2022.

    Social - Horizon
    Resources

    NEAR Social is a space that brings together the brightest minds in the NEAR ecosystem. It enables anyone to try their idea on a small scale and provides dApps ways to explore how they can integrate with DeSo.

    The spacetime geometry of a black hole or black brane close to the horizon is called its near-horizon geometry. Accordingly, the geometry far from the horizon might be called its far-horizon geometry. One commonly says that the black hole/brane solution interpolates between its near and far horizon geometry.2

    Social
    Horizon
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    Intro

    On this Analysis you will get enough informations about Socila network on NEAR blockchain and Also their activities on Near Horizon too.

    Things you will know at the end:

    Number of Users.

    Transactions.

    User Interactions

    tables: decoded_actions , Profile_changes, posts ,and a table on Horizon dataset.

    Based on user-selectable timeframes

    Deafult timeframe: weekly