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Canton reaches 908,000 transacting parties in The Tie’s data
ECOSYSTEMANALYSIS

Canton reaches 908,000 transacting parties in The Tie’s data

The cumulative number of distinct parties that have transacted on Canton has risen from 20,000 a year earlier to 908,000.

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Canton has reached 908,000 distinct parties that have made a transaction, up from 20,000 a year earlier in The Tie’s latest data.

That is more than 45 times the earlier count, an increase of about 888,000. The September 30 update tracks parties that have ever transacted, giving a cumulative measure of participation over the network’s history.

The distinction matters when reading the chart. A party is an identifier used on Canton, so this is a count of transacting parties rather than verified individual people. It also measures participation over time, rather than how many parties were active on a particular day.

On that basis, the figures show a substantial expansion in the set of parties with recorded transaction activity over the past year.

See The Tie’s chart and comparison.

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