Coinbase launches h-index to accurately track blockchain adoption

Coinbase pointed out in a research report on Friday that traditional network indicators such as total transaction volume or daily active addresses may be biased due to fake coin attacks and airdrop activities. To solve this problem, Coinbase has launched a new blockchain analysis indicator: the h-index, which looks at the number of addresses that have received at least the same number of transactions. An h-index of 100 means that 100 different receiving addresses have received at least 100 unique sending address transactions within a certain period of time.When applying the h-index, Ethereum and Base had the most extensive user activity in the week ending June 6, followed by Arbitrum and Polygon. Coinbase acknowledges that the indicator is imperfect, but believes that the h-index can "provide a new perspective for comparing the adoption of chains by mitigating the excessive influence of Sybils and measuring growth more broadly".