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Author: Adeola @ Contributor of PermaDAO

Reviewer: Xiaosong HU @ Contributor of PermaDAO

everPay is celebrating crossing the 20 million transactions mark, a feat it achieved a little more than one month after hitting 10 million transactions, everVision, the project’s parent company announced saying it marks a new chapter in the world of blockchain and Web3.

Reaching the 20 million mark surpassed the expectation of the project who before August 2023, had just crossed one million transactions and expected to at least touch the eight million transaction bar by the end of this year if its 10 million transactions target was not achieved.

“Thank you to our users and supporters for making this milestone possible. Together, we’re redefining the future of digital assets,” everVision stated.

Although everPay, which has been in development for the last two years,the project did not reveal what helped it achieve what many in the Arweave ecosystem would refer to as an incredible feat, but an article published in September 2023 when it crossed 10 million transactions gives a hint. The collaboration with 4everland on Arseeding project which boosts greater adoption of Arweave in network hosting and data utilization may have contributed to the surge in transaction.

Twitter: https://x.com/everVisionHQ/status/1713349844855914802?s=20

4everland is an infrastructure project that facilitates seamless transition from Web2 to Web3. Arseeding is a lightweight Arweave data seed node which is used to synchronise, cache and broadcast transaction and data.

From hitting 100,000 transaction in just six months in July 2022 to 360,000 in January 2023 and now counting transactions in millions in the fourth quarter of 2023, everPay’s growth may be seen by many as sheer luck but behind every successful tech product is a team with eyes on its objective and tenacity to achieve it.

Beyond collaboration with 4everland, the everPay team has been consistent with innovation. Software updates and features development are guided by the philosophy that the project should be able to be integrated into any product or platform. everPay’s DeFi service has successfully proven that there is more that can be done with Arweave than being a storage platform.

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