Electric Capital Releases 2021 Developer Report By DailyCoin
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Electric Capital Releases 2021 Developer Report
Electric Capital today released their 2021 Developer Report, the industry standard for understanding the landscape across crypto developer ecosystems. We analyzed nearly 500K code repositories and 160 million code commits to create the 2021 Electric Capital Developer Report.
Crypto developer activity reached an all-time high in 20212021 was an exciting year across Layer 1s, DeFi, and the entire blockchain ecosystem. A few key insights:
Ethereum and Bitcoin continue to growEthereum and Bitcoin added developers in 2021, growing by 42% and 9% respectively. Ethereum continues to have the largest ecosystem of tools, apps, and protocols, with a developer community 2.8x the size of the 2nd largest ecosystem. Ethereum draws 20% of total new crypto developers, and has the best retention of developers who stayed beyond year 4.
Which ecosystems are growing the fastest? Ethereum, Polkadot, Cosmos, Solana, and Bitcoin were the 5 largest developer ecosystems in 2021. Solana broke out with 5x growth, while NEAR moved up to the 6th largest ecosystem with 4x+ growth. Polygon, Binance Smart Chain and all more than 2x-ed their ecosystems in 2021.
Polkadot, Solana, NEAR, BSC, and are growing faster than Ethereum at the same point in its history.
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Electric Capital Releases 2021 Developer Report
Electric Capital today released their 2021 Developer Report, the industry standard for understanding the landscape across crypto developer ecosystems. We analyzed nearly 500K code repositories and 160 million code commits to create the 2021 Electric Capital Developer Report.
Crypto developer activity reached an all-time high in 20212021 was an exciting year across Layer 1s, DeFi, and the entire blockchain ecosystem. A few key insights:
Ethereum and Bitcoin continue to growEthereum and Bitcoin added developers in 2021, growing by 42% and 9% respectively. Ethereum continues to have the largest ecosystem of tools, apps, and protocols, with a developer community 2.8x the size of the 2nd largest ecosystem. Ethereum draws 20% of total new crypto developers, and has the best retention of developers who stayed beyond year 4.
Which ecosystems are growing the fastest? Ethereum, Polkadot, Cosmos, Solana, and Bitcoin were the 5 largest developer ecosystems in 2021. Solana broke out with 5x growth, while NEAR moved up to the 6th largest ecosystem with 4x+ growth. Polygon, Binance Smart Chain and all more than 2x-ed their ecosystems in 2021.
Polkadot, Solana, NEAR, BSC, and are growing faster than Ethereum at the same point in its history.
EMAIL NEWSLETTER
Join to get the flipside of crypto
Upgrade your inbox and get our DailyCoin editors’ picks 1x a week delivered straight to your inbox.
[contact-form-7]
You can always unsubscribe with just 1 click.
Continue reading on DailyCoin
Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.
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