With its growing popularity, it comes as no surprise that many people have been searching for it. With the significant impact Ethereum has had on blockchain technology since its launch in 2015, it is difficult to tell what blockchain and cryptocurrency would be like without it.
A blockchain venture production studio developing decentralized applications on Ethereum, ConsenSys, has provided a tally of the cryptocurrency’s impact to the blockchain. Here is a short detail.
“Ethereum” has been seen in an estimated 110 million Google searches over the past two years. On a daily basis, the #ethereum gets tweeted 20,000 times.
An estimated 240 million transactions have been processed by the Ethereum network. A new record was set on January 4, with 1.3 million transactions in a day.
With 17,000 nodes, running the Ethereum blockchain on six continents, this, makes it the most decentralized blockchain platform, with 35 billion unique addressed being one of this sign. For the first time in January, the number of active addresses surpassed 1 million and established a record of over 350, 000 new addresses within a day.
The platform is also the most involved with smart contracts, which are beyond doubt one of the most dynamic tools presently in technology. 94 percent of the major 100 tokens according to market cap is established on Ethereum, as are 87 percent of the leading 800 token. The tokens established on Ethereum are greatly responsible for the $5.5 billion raised in 2017 token sales and $6.5 billion raised in this year’s first quarter.
Furthermore, Ethereum’s estimated 250,000 developers are also part of the largest blockchain developer community. In 2017, Truffle, an Ethereum development framework, surpassed 200,000 downloads. Github mentions 220,000 Ethereum commits and 14,000 sources.