This Year in Monero – 2021

This article was first published on Monero
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Introduction

As a way to celebrate and show the growth that has happened for Monero across the past year on this, the 7th anniversary of the Monero project, I wanted to take a snapshot of statistics and social media posts to highlight this growth.

This is by no means an exhaustive list of ways in which Monero grew, and some of the most important growth came in increased acceptance and adoption of Monero for donations and payments:

Statistics

One of the most important ways we can deduce what has been happening in Monero is to look at the (thankfully, sparse) blockchain data available publicly.

Each section will highlight the previous year (04/2019 through 04/2020) as well as the current year (04/2020 through 04/2021) to give year-over-year comparisons and perspective.

Transactions

04/2019 through 04/2020:

  • Monero transactions grew from ~7,000tx per day to ~10,000tx per day
  • There were 2,811,244 total transactions, for an average of 7,702 transactions per day for the year.

04/2020 through 04/2021:

  • Monero transactions grew from ~10,000tx per day to ~23,000tx per day
  • There were 5,868,096 total transactions, for an average of 16,076 transactions per day for the year

Year over Year Growth

Monero's on-chain usage grew 208% YoY! Every one of these transactions was done via private-by-default transactions that protect sender, receiver, and amounts.

Blockchain Growth

04/2019 through 04/2020:

  • Monero's blockchain grew 7.41GB in a year.
  • There were 292,651 total blocks, for an average size of 29.56KB per block for the year.
  • There were 2,811,244 total transactions, for an average of 2.76KB per transaction....

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Monero

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