Since its launch on February 25, 2019, the IOST mainnet has grown rapidly in all significant facets: DApps, mainnet accounts and mainnet transactions. Thanks to this rapid growth, IOST has become one of the world’s big 4 leading DApp platforms alongside Ethereum, EOS and Tron.
IOST has seen strong growth in 2019 — the team has achieved great results in terms of technical development, ecosystem expansion, market development and introduction of new partner nodes.
Mainnet Transactions
By Feb 6, 2020, the number of transactions on the IOST blockchain officially exceeded 200 million, reaching 213,976,140 as of the time of writing.
Thanks to the unique PoB consensus mechanism, the IOST mainnet can provide high scalability while maintaining high levels of decentralization & security, allowing thousands of transactions to be performed in a single second. This provides a solid technical background and credentials for IOST to expand its business development with governments and enterprises.
Block Height
There is a correlation between the block height and the speed with which the blockchain processes transactions. In the same time period, the higher the block height and the more transactions contained in one block, the faster the transaction processing speed is.
On February 6, 2020, the IOST mainnet block has exceeded block height of 60 million, reaching 60,503,420 as the time of writing.
The actual block height of IOST has far surpassed the block height of other mainnets in the same period after mainnet deployment.
Contracts Deployment
As of February 6, 2020, the number of on-chain contract deployments on IOST mainnet reached 670, a five-fold increase compared to 6 months ago.
With this significant increase of deployments, it is safe to say that IOST has gained popularity in the industry and that developers are keen to join the IOST ecosystem.
With the passage of time, the indicators of the IOST mainnet mentioned in this article will undoubtedly continue to grow. IOST will continue to work hand in hand with developers and our community to jointly build the world’s leading decentralized, high-speed blockchain network for global adoption.
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