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Thursday, 26 May 2022 10:26
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The State of the Ethereum Network

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After months of intense attention on blockchain technology and the Ethereum blockchain, we pull together statistics from across the network to provide a snapshot of Ethereum today, its past, and its roadmap ahead.

Blockchain technology — and Ethereum in particular — has gained international attention and traction since its release in 2015. In particular, late 2017 and early 2018 saw a massive increase in popular attention due to rapid price increases across the entire crypto-asset ecosystem. 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.

But what has this gradual and acute increase in attention meant for the Ethereum network as a whole? If we pull back the curtain of the much-discussed price of ether, what is happening on the Ethereum network? Let’s take a look.Looking at the Figures: Blockchain Activity

Since its inception, the network has processed nearly 240 million transactions. At its height on January 4, the network processed 1.3 million transactions in 24 hours.

  • Source/ReadMore: A Consensys release
Published in FINTECH TALK
Tagged under
  • fintech talk
  • blockchain
  • mscvoxpops
  • news talk

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