{"id":59423,"date":"2022-01-06T04:05:13","date_gmt":"2022-01-06T04:05:13","guid":{"rendered":"https:\/\/pr.asianetpakistan.com\/?p=84848"},"modified":"2022-01-06T04:05:13","modified_gmt":"2022-01-06T04:05:13","slug":"electric-capital-releases-2021-developer-report","status":"publish","type":"post","link":"https:\/\/kuwaitnewsgazette.com\/electric-capital-releases-2021-developer-report\/","title":{"rendered":"Electric Capital Releases 2021 Developer Report"},"content":{"rendered":"
Crypto developer activity reached an all-time high in 2021<\/p>\n<\/div>\n
SAN FRANCISCO, Jan. 5, 2022 \/PRNewswire\/ —\u00a0Electric 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.<\/p>\n
Crypto developer activity reached an all-time high in 2021 Ethereum and Bitcoin continue to grow Which ecosystems are growing the fastest? Polkadot, Solana, NEAR, BSC, Avalanche and Terra are growing faster than Ethereum at the same point in its history.<\/p>\n
\n<\/b>2021 was an exciting year across Layer 1s, DeFi, and the entire blockchain ecosystem. A few key insights:<\/p>\n\n
\n<\/b>Ethereum 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.<\/p>\n
\n<\/b>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 Cardano all more than 2x-ed their ecosystems in 2021.<\/p>\n