Ethereum by Numbers Looking More Bullish Than Ever

[cheezcarls]

"There is no doubting that Ethereum has been the shining star this week. There is a glimmer of hope that it may finally be decoupling from its big brother and starting to move independently as it should. New research indicates that the Ethereum ecosystem is strengthening in more ways than one.

Ethereum: Greater Than The Sum …

The latest report from blockchain industry leaders ConsenSys has broken down the current state of the Ethereum network to provide more insight on its status. There has been no end of ETH bashing this year, from Bitcoin maximalists to leaders of rival platforms, all have taken a swipe at the world’s second largest crypto asset.

Most of this angst revolves around its stagnant market action in terms of price, and delays in rolling out updates to improve scalability. The price argument is really unjustified as all altcoins have been on the floor and there has been only one dominant digital asset this year.

The technical aspect however is currently being addressed and just like Rome, Ethereum cannot be built in a day. The report has highlighted some of the key numbers for the Ethereum ecosystem and includes live mainnet nodes which is currently over 8,930, unique addresses which tops 75 million, and average hash rate which is over 100 TH/s."

Source: https://www.newsbtc.com/2019/09/20/ethereum-by-numbers-looking-more-bullish-than-ever/