Periscope has over 10 million users, and is growing quickly

“We hold ourselves accountable to Time Watched as an organizational measure because it reflects the kernel of our product, and our core values”.

While answering user questions he also hinted at some upcoming features that the Periscope team had been working on.

But that’s all ancient history. (Meerkat last reported 2 million users in May.). Though Periscope naturally spiked when Twitter acquired it, it has also risen steadily in popularity. Since then, the once blazing-hot live-streaming app Meerkat has largely been quiet in terms of user chatter on Twitter (at least compared its beginnings).

Where that will leave small upstarts, like Meerkat, and more recently Blab, will likely be determined by which platform hosts the next unexpected, live streaming social media phenomenon. “Success for broadcasters and their audience means success for Periscope”.

According to a blog post by the team on Wednesday, the service hit that milestone on August 2 after only four months of service. That total only counts iOS and Android; streams on the Web are not counted in the stat. Viewing of replays is not counted, either. (It did share “daily active users” thought.) For now, Periscope is sticking to total accounts created and how much time people are spending watching streams every day, a metric the company believes is more indicative of its “success”. “There’s no better metric that illustrates that people like and are using Periscope”. It does not suffer from the limitations of metric like daily active users or monthly active users, he claims.

Periscope and Meerkat, considered the two breakout apps of 2015, started out neck and neck, but Periscope, benefiting from its association with Twitter, as well as its distribution on the social network, quickly pulled ahead and has continued racing forward.