Crypto developers plummet 22% despite increasing prices

Despite the positive price movement in recent weeks, the software development aspect of the crypto industry is trending in the opposite direction.

According to a report by venture firm Electric Capital, the number of active developers working on open-source crypto projects has declined by 22 percent over the past year.

In June, there were 21,300 active developers, compared to 27,200 the previous year. This decline may be attributed to developers finding more enticing...

10 July 2023 | Blockchain

Ethereum still has the most Web 3.0 developers, but rivals are growing faster

Decentralised app platform Ethereum still has the most Web 3.0 developers, but it’s all to play for with rivals growing faster.

The data comes from research firm Electric Capital which released a report this week into the Web 3.0 development ecosystem.

Electric Capital found that more than 4,000 developers actively work on Ethereum per month. 

For comparison, just 680 developers actively work on Bitcoin per month. It’s a huge disparity, but it’s...

6 January 2022 | Blockchain