Most Transactions on XRP, EOS and Tezos Don't Transfer Any Value

[SRShanuka2020]

Most Transactions on XRP, EOS and Tezos Don't Transfer Any Value

Research has found the vast majority of transactions on EOS, Tezos and XRP do not transfer any value.

According to a research paper released on pre-print site arXiv, only 2% of transactions on the XRP ledger and 18% of transactions on Tezos (XTZ) lead to value transfers. They found that during the period of October 1, 2019 to December 31, 2019, 95% of transactions on EOS were related to the airdrop of a currently worthless token.

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[ShadowCrypto]

The researchers concluded that although it was clear these three blockchains have the ability to carry out high throughput, their potential “has thus far not been fully realized for their intended purposes.