THORName

    THORName Shipped. Cross-Chain Wallet Name Service is now live. Let's dive into some interesting insights

    What can users do on THORName?

    1. Register a new name with a registration fee (10 RUNE) + fund fee (number of years registered, 1 Year = 1 RUNE)
    2. Extend existing names for a funding fee (1 RUNE = 1 Year)
    3. With a registered name, add a wallet from other chains under the THORName (no additional fund/registration fees required)

    Questions of interest

    Let's explore the following questions

    • How many names are registered? What type of names are registered?
    • Who spent the most registering? How many names did they register? Are there differences in those who register more/less names?
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    At the time of writing, 444 names were registered.

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    Over 80% of all registered addresses were strings(character).

    The majority of names were registered for 1 year. This was followed by 10, 2, and 10 years.

    The outliers (< 1.0) were transactions completed in mid-June, presumably when registration was under beta.

    Overall, the numbers registered were shorter compared to string names.

    Most number names had a character length of 2 (e.g. 10, 77). For character names, most were between 3-4 characters.

    The longest character registered at the moment is 18 characters.

    Names Registered

    What chains did users add/register their Names with?

    After registering their address with a name, users can add additional chains to their registered name.

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    After THOR Chain itself, it appears that BTC and ETH address were the most commonly addressed address.

    Who are our biggest spenders?

    Which users spent the most amount of RUNE registering and funding (extending years) to THORNames?

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    Over 1/3 of all RUNE spent on registration and funding came from 10 users. The top user spent a total of 455 RUNE and created 40 unique addresses.

    A lot of stuff, short names, numbers.. weird stuff.

    There was 1 address that only bought numbers... Why?... I have no idea.

    The list of unique names registered is available in the table below for exploration! (so long that it got truncated).

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    Most of the RUNE spent appeared to be from registration fees. Interestingly, we see the proportion difference in Fund vs Registration fees.

    • For users who only registered 1 distinct name, the % of Fund is greater than those with more names registered.
    • This suggests that users who register for 1 name tend to register them longer, compared to those who register for multiple, with the intention to flip (likely) it later

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    What names cost the most and were registered for the longest duration?

    The list above shows the names that were registered for the longest duration. The name 'jono' was registered for a total of 50 years and cost the most.

    What type of names did users register?

    What differences do we see between numeric vs character names?

    Users can register a combination of numbers, alphabets and symbols (e.g. -).

    How long did users register their THORNames?

    Users count select up to 100 years upon registration.

    RUNE collected across unique names register per user

    What names did the top spenders register for?