A look at Litecoin's 'Coin Days Destroyed'

Coin Days Destroyed (CDD) is a concept introduced in a 2011 Bitcoin Forum thread. While the method was created to measure economic activity on Bitcoin, it could also be used on networks with a similar technological structure to Bitcoin like Litecoin.

To sum up our previous coverage of CDD in Bitcoin, instead of measuring the transaction volume, which can be manipulated by one individual moving the same coins back and forth multiple times, CDD gives more weight to coins that have captured more time prior to being moved.