Combing ConsenSys' six major product lines from the annual report, these data are more worthy of attention
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In the 2020 review report, the current 6 business lines of ConsenSys are completely sorted out, as well as the relevant achievements and data in 2020. These data can also well explain the explosive growth of Ethereum in this year, whether it is Ecological infrastructure, applications, users, miners, or enterprise-level applications.
As the largest business organization in the Ethereum ecosystem, ConsenSys has undergone drastic reforms this year to become a single comprehensive software company. And separated the previous investment and portfolio management activities from the software business to form a new organization called ConsenSys Mesh, which is a supplementary entity to the independent ConsenSys software business.
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Investment-focused ConsenSys Mesh
But in fact, at the beginning of the year, ConsenSys also suffered from the impact of the epidemic, and twice announced the layoff of about 14% of its employees. Joseph Lubin, founder of ConsenSys and co-founder of Ethereum, announced the news in an internal plenary meeting, saying, "I think we can use many tools to deal with this crisis, and layoffs are inevitable."
In addition to layoffs, news that ConsenSys is financing has also been revealed. In August of this year, overseas media broke the news that ConsenSys was conducting a round of financing, raising US$50 million in the form of convertible bonds. People familiar with the matter said that JPMorgan Chase (JPMorgan) plans to ConsenSys made a $20 million investment. At the same time, the merger of Quorum, the blockchain division of JP Morgan Chase, and ConsenSys is also in progress.
Towards the end of the year, ConsenSys continued to complement its existing product line through several acquisitions. For example, in November, it acquired the team and technology behind the smart contract development tool Truffle, and in December, it acquired the Ethereum transaction relay service any. sender, two engineers will join the Infura team. At the same time, Infura also announced that it will add the Infura Transaction (ITX) function, which will simplify the transaction process sent by Ethereum and eliminate the complexity of developers dealing with gas fee management.
So far, the six product lines of ConsenSys have gradually become clear, namely:
- Codefi that provides a suite of blockchain applications for business and finance
- Diligence providing security audits for Ethereum smart contracts
- MetaMask, the most popular wallet in the Ethereum ecosystem
- Quorum, an open source blockchain platform for business
- Ethereum smart contract development tool Truffle
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Financial app suite Codefi: $350 million real estate fund tokenized
Codefi is a blockchain application suite for business and finance. Its applications and tools include:
Orchestrate: an enterprise-level solution
Workflow: Blockchain-Driven Business Process Management and Automation
Assets: Tokenization and issuance of assets or securities
Markets: Provides over-the-counter trading for digital securities
Payments: Funds transfer processing for cryptocurrencies and stablecoins
Networks: Tools for launching decentralized networks
Compliance: Provide anti-money laundering and other compliance solutions for digital assets on the Ethereum network
Data: Provide data and risk analysis for digital assets and DeFi protocols
Annual figures: more than 167 million Skale project tokens SKL pledged in Codefi Activate; $350 million real estate funds tokenized on Codefi.
Security Audit Diligence: Audited 55 projects and found 350 defects
Annual data: 55 projects audited; 350 flaws in smart contract code found.
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Some customers
API service Infura: more than 130,000 registered developers
Annual data: The highest number of API calls in a single day is close to 2.4 billion; Infura's IPFS service stores 9.7 TB of data and transmits 170 TB of data; more than 130,000 registered developers.
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Companies using Infura services
Wallet MetaMask: MAU breaks through 1 million
MetaMask is the most popular wallet on the Ethereum platform. It used to be a browser plug-in wallet. This year, it released the official version of the mobile terminal.
Annual data: monthly active users exceed 1 million; in the Swap transaction function launched by MetaMask, the transaction success rate is 92.77%.
Quorum, a commercial blockchain platform: more than 200 projects have been built
Annual data: There are more than 200 projects based on Quorum; the GoQuorum project library on Github has been favorited more than 3,800 times.
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Supporters of Quorum
Developer tool Truffle: 4 million downloads
Truffle (truffle chocolate) is an Ethereum smart contract development tool, which was acquired by ConsenSys in November this year. It has always been one of the developers' favorite ecosystem tools in the process of smart contract and front-end application development.
Annual data: The Truffle project repository on Github has been favorited more than 9,000 times; the number of downloads has exceeded 4 million times.
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The overall growth of the Ethereum ecosystem: more than 3,000 decentralized applications
In addition, ConsenSys also collected some data related to the Ethereum network, from which we can also see the growth of Ethereum in 2020:
127 million addresses already exist on the Ethereum network
Ethereum is the first blockchain network to settle $1 trillion in a year
There are more than 10,000 Ethereum nodes worldwide
Ethereum holds 65% of all stablecoins in circulation ($24 billion)
Generated over $500 million in on-chain transaction fees in a year







