LTONetwork Adoption Report 30/09/2019

in en •  5 years ago 


🚨 This report is generated by https://lto-lease.com. This is not an official report from LTO.Network but more a community effort to make the progress of $LTO even more transparent. This report presents only facts that can be verified on-chain if you have a node and manage your own statistics. This report is 100% generated to prevent human errors and misinformation. If you see any mistakes or would suggest some improvements, contact us directly on telegram.

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LTO.Network Mainnet is live since 17th of January. The service is now running for 225 days flawlessly.We will review the following subjects in this document:

  • Adoption through transactions
  • Adoption through nodes
  • Adoption throught leasing
  • Adoption through Bridge (SWAPS)
  • Adoption through community (WIP)
  • Adoption through wallets (WIP)

Adoption through transactions

In this section we will focus our analysis on transactions including transfers to mainnet and transfers to ERC20,leases,cancel leases and mass transfers.
The majority of the transactions are from integrators that have implemented LTO.Network solutions.
An increase of tranactions number over time means that LTO.Network product is been used more and more and adoption progressing.

Adoption through transactions: Daily



This chart represents the evolutions of transactions numbers on a daily basis. This is the volume of transactions. Mass transfers is considered as 1 transaction.

Adoption throught transactions: Monthly



This chart represents the evolutions of transactions numbers on a monthly basis. This is the volume of transactions. ass transfers is considered as 1 transaction.
Last month, LTO Mainnet network as managed over 799964 transactions.
Previous month, 766156 transactions were recorded.
Transactions over a month have increased by 4.41%. Transactions has increased contiuously during the last 7 months.
.

Adoption through Nodes

In this section we will check the adoption through LTO.Network nodes including the growth of nodes over time and the activity of the nodes. This analysis includes all nodes that have forged a block, even if they are not anymore active. Nodes adoption is divided within the spread of the nodes over the word from Community nodes and integrator nodes. The chart bellow represents the growth of the LTO Network over time

LTO Nodes Growth: Monthly


Last month, 0 nodes were registered.
Previous month, 131 nodes were registered.
This is a decrease by -100% of the node network on a monthly basis.

The chart bellow represents the node engagment. It counts how many transactions a node has initiated. Integrators do a lot of transactions when public leasing nodes perform a bunch of transactions a month (payouts). Moreover; if there is more integrators, this means that the LTO.Network will not depend on few clients for it's network to be adopted.

Nodes Engagment: Monthly


Last month, 798745 transactions were registered by 13 different nodes.
Previous month, 764661 transactions were registered by 13 different nodes.
This is a decrease by 4.46%.

Geographical spread

Country #

Adoption throught leasing


Adoption through leasing: Monthly


Last month, 38792821.99380274 LTO leases (new - cancel) were registered.
Previous month, 37489214.32924705 LTO leases (new - cancel) were registered were registered.
LTO leased has increased by 3.48%. Leasing has increased contiuously during the last 2 months.

Adoption through Bridge Troll


Work in progress

Adoption through community


Work in progress
In this section we will gather telegram growth activity and engagment. We will also gather some metrics on hashtags such as #LTO / $LTO or @LTONetwork

Adoption through wallets


Work in progress
In this section we will check the growth of Mainnet wallet LTO holders and LTO ERC20 wallet holders.

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