The strong numbers of Ethereum indicate the stable power of the platform in the middle of winter: Consensys

Ethereum "is strong […] it is diversified, growing and receiving attention from individuals and professionals across the globe, "wrote the development company focused on Ethereum Consensys in a comprehensive statistical report.

The quintessence of the company Ethereum (ETH), founded by the first collaborator Joseph Lubin, has published an analysis of the platfrom using a series of quantitative metrics, emphasizing its growth also in the midst of the increase in prices of the cryptoasset in the market – in the case of the now two-digit Ethereum, in line with the predictions of Arthur Hayes last August.

The Ethereum numbers are strong: consensus

The number of single ether portfolios is constantly growing, according to Consensys, citing etherscan.io, which now has around 50 million, compared to around 36 million in June. The age of portfolios – before they become "inactive" – ​​also increases on average, up to 35 days now, three times more than a year ago. Consensys takes this increased user activity as a positive sign of the health of the ecosystem.

However, average monthly value transactions are now declining to around 15 million a month, down from nearly 35 million a month in January. However, in line with a recent digital analysis of Delphi on transactions with Bitcoin, this is not necessarily negative and may reflect a downward sales pressure – although this comparison is superficial and would require further scrutiny to produce more reliable statements.

Finally, Consensys reports the amount of smart contracts – a term that the founder of Ethereum, Vitalik Buterin, has publicly complained – is growing at an impressive rate: 1.5 million smart contracts were distributed on the platform in November, from 200,000 to June.

The ecosystem of the dApp of Ethereum dwarfs its competitors

The report correctly states that most decentralized applications (dApps) are distributed on the Ethereum platform, a whopping 94% of them – 2,190 out of 2,307 – according to StateoftheDapps. However, according to the same source, the relatively small amount of EOS dApps – 103 – requires more daily active users than the whole Ethereum ecosystem.

It is worth noting that 17% of all dApps are listed as abandoned or broken – with the vast majority of those hundreds who are necessarily dApp of etereum death.

The various development tools of Ethereum Truffle, Ganache, Loom and CryptoZombies have been cumulatively downloaded millions of times. The report therefore stated that "It seems that the developers are here to stay, and others are coming".

Consensys said in January, almost a year ago, that Ethereum had 30 times more developers than the next smart contracting platform, according to anonymous reports from a large analytics firm. In this recent report, however, the company does not make similar, directly comparative claims.

Regarding the institutional interest in Ethereum, the Consensys report was somewhat non-specific, instead for the figures and trends related to the entire cryptocurrency sector. He noted – as reported by CryptoGlobe – that risk capital financing in the sector has more than doubled, even if the ICO market was covered with cold water. The report also mentioned an investment of $ 15 million in the MakerDAO project, a decentralized Stablecoin based on Ethereum that was growing rapidly in recent times.

Consensys recent issues

Despite the enthusiasm of the Brooklyn company, based in New York, they have recently hit some difficult areas during the sober collapse of 2018 in the price of Ethereum. The price per ether has decreased by 94% from the January highs of around $ 1,400, far exceeding the bitcoin correction.

The company has started to reform its managerial ethos to be more aggressive in pursuing and starting profitable projects, or more quickly by selecting them. In addition, CryptoGlobe recently reported that the company would have fired 13% of its workforce, presumably in light of the massive fall in the price of the ether.

As if the brutal action of Consensys' tax and fiscal austerity were not enough of a headache for the Ethereum space, CryptoGlobe recently reported that a well known and periodically executed attack is still underway. on vulnerable Ethereum Geth knots. The same attack has yielded tens of millions of dollars of coins stolen in the past.