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Home»Blockchain»Basic Network sets record high in contract implementers and reaches 21.7K
Blockchain

Basic Network sets record high in contract implementers and reaches 21.7K

2024-04-23No Comments3 Mins Read
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The Base Network recently reached a record number of contract implementers. Chinese crypto reporter Colin Wu shared an

According to Token Terminal, the number of contract implementers on the Base network recently reached 21,700 in a single day, an all-time high. Contract implementers refer to the number of EOAs for transactions that initiate the creation of smart contracts. Formerly head of the Basic Protocol…

— Wu Blockchain (@WuBlockchain) April 22, 2024

In a recent X-post, Token Terminal reflected on Base protocol head Jesse Pollak’s previous public statement, in which he alluded to Base’s vision of 1 million developers. As Token Terminal echoed Pollak’s words that echoed “one million developers,” “one billion users” and “onchain,” Pollak reposted the thread. Token Terminal further stated that just after 10 months of launch, the Base network has 22,000 developers launching apps every day.

BUILDERS, BUILDERS, BUILDERS@jessepollak’s publicly stated goal for @base is to:

1. a million developers, and
2. one billion users
3. on a chain

Where is Base today?

~10 months after launch ~22,000 developers* launch apps on Base every day. pic.twitter.com/MlJaLIkvmL

— Token Terminal (@tokenterminal) April 21, 2024

The term ‘contract implementers’ is used to refer to “the number of EOAs for transactions that initiate the creation of smart contracts.” Token Terminal’s contract implementers graph shows a substantial increase in numbers over the past week, especially on April 20, which marked an all-time high.

Source: Token terminal

Previously, during the launch of the Ethereum Layer 2 network, Base, protocol head Jesse Pollak publicly stated that Base’s ultimate goal is to attract 1 billion users into the economy. His words are:

“Our goal with Base is to make onchain the next online and engage one billion users in the crypto economy. In pursuit of this goal, Base will serve as both a home for Coinbase’s onchain products and an open ecosystem where anyone can build.”

According to Token Terminal, the network’s active daily users are also showing a positive pattern. The number of daily active users has increased by more than 45% to 352.70,000, while the number of monthly active users has reached 3.8 million with an increase of 63.1%.

See also  Ethereum is facing a make-or-break moment as pressure for scaling, quantum and AI increases

Disclaimer: The information in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses arising from the use of said content, products or services. Readers are advised to exercise caution before taking any action regarding the company.



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21.7K Basic contract high implementers Network Reaches Record sets
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