Kaia is a highly optimized, BFT-based public blockchain designed to meet enterprise-grade reliability and performance standards. This overview provides insights into Kaia's architecture, focusing on data and trends from July 2024.
With 45.1 million transactions in July 2024, a 91.7% success rate, and an average transaction value of 152.2, Kaia demonstrates its ability to handle high volumes efficiently. These metrics reflect Kaia's core specifications, particularly its 1-second block generation time and 4,000 TPS processing capability. The high success rate and consistent daily transaction volumes indicate the blockchain's reliability and scalability, making it suitable for enterprise-grade applications across various industries.
The 4K smart contracts created in July 2024 indicate a thriving ecosystem with active development. With 2.7 million blocks generated and an average of 16.9 transactions per block, Kaia demonstrates its ability to handle a substantial transaction load efficiently. The consistent daily contract creation trend suggests a stable platform for continuous development and deployment. The increasing average block size towards the end of July could indicate growing adoption or more complex transactions being processed. These metrics showcase Kaia's potential as a high-performance blockchain platform, allowing developers to build and deploy scalable decentralized applications with confidence in the network's capacity and reliability.