Ethereum celebrates fifth anniversary with impressive network stats

On the fifth anniversary of Ethereum's 2014 pre-sale, ConsenSys took a look back at the network's history.

Ethereum, the world's second-largest cryptocurrency and one of the most popular blockchain networks on the market, is currently celebrating its fifth anniversary.

Ethereum incubator ConsenSys took a look back at Ethereum's history and highlighted the success the network has seen in 2019.

Around 16 million Ethereum addresses have been created since the beginning of the year-a testament to the network's rising popularity.

There are currently over 70 million unique addresses on Ethereum, but only 616,000 of them were active and engaged in transactions on the network.

With Ethereum being the world's largest blockchain platform, it could become the go-to network for companies looking to enter into blockchain.

To support the ever-increasing number of users and transactions, the Ethereum network needs constant upkeep.

With hundreds of developers working on the network, it's no wonder that Ethereum is also the network with the highest number of code commits.

According to Electric Capital, Ethereum has 8 times more commits than Bitcoin and 20 times more commits than XRP. The work put into Ethereum is what gives companies the confidence to build and host their dApps on the network.

Out of the top 50, 44 exchange dapps and 42 security dapps are built on Ethereum.