ThunderCore Protocol Growth: It’s Still Day 1

Peter Abilla
Apr 17 · 3 min read

To steal a concept from Jeff Bezos, it’s still Day 1 at ThunderCore. What that means is that we’re pioneers, trying new things, seeing new vistas, and we’re learning along the way. Each of us will have setbacks, but that’s par for the course for pioneers. In to shareholders in 1997:

But this is Day 1 for the Internet and, if we execute well, for Amazon.com. Today, online commerce saves customers money and precious time. Tomorrow, through personalization, online commerce will accelerate the very process of discovery. Amazon.com uses the Internet to create real value for its customers and, by doing so, hopes to create an enduring franchise, even in established and large markets.

The Blockchain Industry is exactly at the same point: we’re accelerating the process of discovery. If we approach the unknown with a Day 1 attitude, it helps us to focus on the long-term and allows us to also take joy in the small victories along the way.

Which brings me to the real point of this article.

We’ve seen a lot of growth in the last month-and-a-half and I wanted to share some of that with you today. So, let’s get to it.

Here are the top-level metrics as of today:

  • 39,061 Addresses
  • Block Height is at 4,243,788
  • And 177,604 transactions
March 1 — April 16, 2019

One exciting metric we are seeing is the number of new wallet addresses. This is important because it’s a positive indicator of how secure the network is — the more token holders there are, then the likelihood of any single group controlling the network is reduced. This metric can be gamed, so the indicator isn’t perfect, but the growth in wallet addresses is directionally correct.

Because we’re not listed on an exchange yet, the number of wallet addresses isn’t as a large as it can be. Once we are listed, then I expect this number to balloon as we give more people the opportunity to own Thunder Tokens:

March 1 — April 16, 2019

Our promotion and and the launch of 8 Dapps was likely the cause of that huge spike at the beginning of April. Which tells us that as we get more Dapps, wallet support, and as the ecosystem grows, we’ll continue to see corresponding growth like the chart above.

As we improve our internal dashboard and make solid progress on ecosystem growth, we’ll be sharing more blockchain metrics. For now, know that we are growing and that our team is laser-focused to meet the needs of developers, their users, and community members.

It’s still Day 1.

ThunderCore

Decentralized Future. Today.

Peter Abilla

Written by

Hardest worker in the room. ThunderCore. Advisor to EximChain, Wanchain; consulted Zilliqa, Arweave, Gems, and others. PhD dropout, University of Chicago.

ThunderCore

Decentralized Future. Today.