Steem Beats Blockchain World Record: 646,711 Transactions In One Day

in #steem7 years ago (edited)

On Tuesday 20th of June, Steem beat the world record for number of confirmed transactions in a 24 hour period.

Credit to @stephenkendal

As far as I can determine, the previous record was just above 600k transactions, and it was held by our sister network BitShares.

In comparison, Bitcoin has never broken 400,000 transactions in one day.

Ethereum managed to beat Bitcoin recently, but it's record is lower still.

Can anyone find another blockchain being used in production making more transactions in a day?

Edit: On further information, it seems the record we broke was Operations Per Day. Transactions per day is a fair bit lower on BitShares than the graph suggests.

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for the last week it only continues to grow. Awesome!! thnx to all of you out there!

Steem blockchain continue to clib against all odds reteem

Great news thank you for stats resteem

That is fantastic. On our way to being up their with FB and the boys for sure. :D

Woow thats good news

Are this only transaction with Steemcoin in it or what is included in this?

This is every kind of transaction on the Steem blockchain.

You can see a pie chart with distribution of transaction types on this page

The comparison is not exactly like for like across all blockchains. It means something different on every network. But only Bitcoin and the straight clones are limited to 'transfer' type transactions.

Steem blockchain is creating history by handling such a huge volume of transactions....

Hurray for us :) STEEM NATION CELERATION !! :)

At some point youd think the big media companies will be buying steem power to get eyes on their content. So many ways Steemit can grow.

thanks for this amzing post and the stats you always help of all steemian thanks again , upvoted

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