Ethereum Network Statistics: 240 Million Transactions, 250,000 Engineers – ConsenSys Report

Blockchain, Innovation, News | June 1, 2018 By:

Ethereum development studio ConsenSys has released a report on the state of ethereum, along with speculation on what lies ahead for the blockchain as new challengers to its dominance emerge from contenders like EOS.

“To date, 35 million unique addresses exist on the Ethereum blockchain,” the report claims. ‘On January 4, 2018, the number of active (i.e. transacting) addresses on Ethereum surpassed 1 million for the first time. On January 4, 2018 over 350,000 new addresses were created — the most addresses generated within a 24 hour period to date.

Ethernodes reports just under 17,000 nodes running the Ethereum blockchain across six continents, making it the most decentralized blockchain platform in existence.”

Among other findings:

  • In two years, the word “Ethereum” has been included in over 110 million Google searches. The hashtag #ethereum is tweeted, on average,20,000 times a day.
  • Since its inception, the network has processed nearly 240 million transactions.
  • MetaMask, the browser extension that allows people to access the distributed web, has 1.1m users.
  • The Ethereum blockchain is, without a doubt, the most active smart contract platform in existence. Of the top 100 tokens by market cap, 94% are built on top of Ethereum.
  • The Ethereum developer community is estimated to be the largest in the world, with over 250,000 engineers. 

    The full report can be found here.