Well Tron already crossed daily transacationsin number from ethereum.And still growing at a vicious rate.
TRON and IOST share a number of similarities. They’re both based in Singapore, the Lion City, with offices in Beijing and San Francisco, and led by an ambitious young man in his 20s.
More importantly, both networks are on a mission to claim the title of most-used public blockchain in the land—and blockchain gaming is crucial to each of their campaigns. Now, as TRON prepares to launch the testnet for its second-layer scalability solution, the Sun Network, in late May, IOST has eclipsed Ethereum to clinch the third spot among blockchain networks as measured by daily transactions.
In less than two months since launching its mainnet, IOST now has close to a quarter million wallets registered on its network and processed nearly 30 million transactions. Earlier this month, a spike in activity saw the IOST network process more transactions than Ethereum within a single day. While IOST was quick to celebrate its triumph, the metric was based on a 24-hour snapshot that could be easily dismissed as an anomaly.
But then a funny thing happened.
On April 11, the “anomaly” repeated itself. And then again. And again. According to data from the Tokenview blockchain explorer, IOST has processed more daily transactions than Ethereum for five consecutive days —with the gap widening over the weekend. In terms of average over the last week, the Ethereum network is pumping out 616,000 transactions every day. IOST? 707,000.
IOST CEO and Cofounder Jimmy Zhong tells Decrypt it all points to IOST entering a period of “exponential growth.”
“We are thrilled that IOST has managed to grow at an exponential rate since the launch of our mainnet, especially as we’ve only just started!” says Zhong. “Prior to launch, the core team and developers worked tightly with one another, as preparation involved continuous balancing, testing and adjustments to the protocol.”
Zhong says that IOST’s early success can be attributed to having “doubled down” on efforts to engage its community of nodes and more than 200 developers and global partners. “Our improvements and adjustments to the network to make it more application-friendly has inevitably given us a successful first month,” he says.
And to keep that pace going, IOST’s frontman says it all comes down to developing decentralized apps with “the mainstream user in mind”—and that means a continued focus on gaming.
But it still has a ways to go to claim the throne.!!!
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