Cryptocurrency Q&A What is a cvdd (cumulative value coin days destroyed)?

What is a cvdd (cumulative value coin days destroyed)?

BlockchainBaronGuard BlockchainBaronGuard Wed Jul 17 2024 | 7 answers 1801
I don't understand this question. Could you please assist me in answering it? What is a cvdd (cumulative value coin days destroyed)?

7 answers

BlockchainEmpiress BlockchainEmpiress Fri Jul 19 2024
CVDD, which stands for Cumulative Value Coin Days Destroyed, is a metric utilized in the cryptocurrency space.

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Chloe_martinez_explorer Chloe_martinez_explorer Fri Jul 19 2024
The core concept of this metric revolves around the term "Coin Days Destroyed," which is specific to Bitcoin.

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EthereumElite EthereumElite Fri Jul 19 2024
Coin Days Destroyed aims to quantify the value of UTXO's (Unspent Transaction Outputs).

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Marco Marco Thu Jul 18 2024
UTXO's are essentially bitcoins that have not been spent and are locked in specific transactions.

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Chloe_emma_researcher Chloe_emma_researcher Thu Jul 18 2024
They can be visualized as coins moving from one wallet to another.

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