How does Flow compare to other L1s in terms of user retention? Is a user who made a transaction previously likely to make another transaction a week or a month later? Compare and contrast this type of activity vs other L1s like Solana and Ethereum.

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What Is Layer 1 in Blockchain?

Layer 1 refers to a base network, such as Bitcoin, BNB Chain, or Ethereum, and its underlying infrastructure. Layer-1 blockchains can validate and finalize transactions without the need for another network. Making improvements to the scalability of layer-1 networks is difficult, as we’ve seen with Bitcoin. As a solution, developers create layer-2 protocols that rely on the layer-1 network for security and consensus. Bitcoin's Lightning Network is one example of a layer-2 protocol. It allows users to make transactions freely before recording them into the main chain.

Flow

Flow (FLOW) is a high-performance blockchain specifically for creating NFTs, massive crypto games, and apps. Unlike general-purpose blockchains such as Ethereum, Flow is built to efficiently scale for potentially billions of people interacting with NFTs like in-game items

Total weekly flow over the last week

These charts show the total weekly Flow users.

According to these charts:

• The total weekly Flow not retention users was nearly 78.9K that consist of 91.2%.
• The total weekly Flow retention users was about 7.6K that consist of 8.8%.

Total monthly flow over the last month

These charts show the total monthly Flow users.

According to these charts:

• The total monthly Flow not retention users was nearly 1.7M that consist of nearly 95%.
• The total monthly Flow retention users was about 91.2K that consist of about 5%.

Total weekly Ethereum over the last week

These charts show the total weekly Ethereum users.

According to these charts:

• The total weekly Ethereum not retention users was almost 2M that consist of 93.3%.
• The total weekly Ethereum retention users was about 148K that consist of 6.7%.

Total monthly Ethereum over the last month

These charts show the total monthly Ethereum users.

According to these charts:

• The total monthly Ethereum not retention users was about 3.7M that consist of nearly 71.6%.
• The total monthly Ethereum retention users was about 1.4M that consist of about 28.4%.

Total weekly Solana over the last week

These charts show the total weekly Solana users.

According to these charts:

• The total weekly Solana not retention users was almost 7M that consist of 98.5%.
• The total weekly Solana retention users was nearly 110K that consist of only 1.5%.

Total monthly Solana over the last month

These charts show the total monthly Solana users.

According to these charts:

• The total monthly Solana not retention users was nearly 27M that consist of nearly 92%.
• The total monthly Solana retention users was about 2.3M that consist of about 8%.

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Sources:

https://academy.shrimpy.io/post/what-is-flow-the-nft-gaming-blockchain-explained#:\~:text=Flow (FLOW) is a high,NFTs like in-game items.

This dashboard was written with help Masi :slightly_smiling_face: