LTONetwork Adoption Report 14/06/2019
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LTO.Network Mainnet is live since 17th of January. The service is now running for 117 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 through transactions: Weekly
This chart represents the evolutions of transactions numbers on a weekly basis. This is the volume of transactions. Mass transfers is considered as 1 transaction.
Last week, LTO Mainnet network managed over 74419 transactions.
Previous week, 136292 transactions were recorded.
Transactions over a week have decreased by -45.4%.
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: Weekly
Last week, 123 nodes were registered.
Previous week, 122 nodes were recorded
This is an increase by 0.82% of the node network on a weekly basis. Node network has increased contiuously during the last 20 weeks.
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: Weekly
Last week, 127567 transactions were registered by 8 different nodes.
Previous week, 113863 transactions were registered by 8 different nodes.
This is an increase by 12.04%. Node engagment has increased contiuously during the last 14 months.
Geographical spread
| Country | # |
|---|---|
Adoption throught leasing
Adoption through leasing: Weekly
Last week, 35127933.48990746 LTO leases (new - cancel) were registered.
Previous week, 35580865.17443196 LTO leases (new - cancel) were registered were registered.
This is decreased by -1.27%.
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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