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Sometimes it seems like people just don't realize how far ahead of everything ( #Bitcoin
$BTC notably included) that #Ethereum ⟠ $ETH really is.
Thus I've compiled some metrics from the recent @ElectricCapital Developer Report:
Sometimes it seems like people just don't realize how far ahead of everything ( #Bitcoin

Thus I've compiled some metrics from the recent @ElectricCapital Developer Report:

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300+ new developers per month commit to the #Ethereum ⟠ $ETH ecosystem
67% increase in monthly active developers in Decentralized Finance ( #DeFi) since January 2020
300+ new developers per month commit to the #Ethereum ⟠ $ETH ecosystem
67% increase in monthly active developers in Decentralized Finance ( #DeFi) since January 2020

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We can benchmark 2020 Q3 team size against 2019 Q3 to assess developer growth
No crypto project comes even close to #Ethereum ⟠ $ETH.
We can benchmark 2020 Q3 team size against 2019 Q3 to assess developer growth
No crypto project comes even close to #Ethereum ⟠ $ETH.

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Looking at top 10 gainers across all top 200 ecosystems... #Ethereum ⟠ $ETH gained the most developers
Looking at top 10 gainers across all top 200 ecosystems... #Ethereum ⟠ $ETH gained the most developers

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There are now almost as many developers working in #Ethereum ⟠ $ETH as other layer 1 ecosystems combined
There are now almost as many developers working in #Ethereum ⟠ $ETH as other layer 1 ecosystems combined

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Infrequent contributes increased 22% while frequent contributors increased 13% in #Ethereum ⟠ $ETH since Jan 2020
Infrequent contributes increased 22% while frequent contributors increased 13% in #Ethereum ⟠ $ETH since Jan 2020

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We can compare growth by looking at developers from the day of the first commit
Again, #Ethereum ⟠ $ETH is in a league of its own entirely. No ecosystem comes even close.
We can compare growth by looking at developers from the day of the first commit
Again, #Ethereum ⟠ $ETH is in a league of its own entirely. No ecosystem comes even close.

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Conclusion:
The #Ethereum ⟠ $ETH ecosystem is in a league of its own, with other crypto ecosystems operating comparitively in the margin.
And this applies both for current numbers and growth rates.
Full report: https://medium.com/electric-capital/electric-capital-developer-report-2020-9417165c6444
Conclusion:
The #Ethereum ⟠ $ETH ecosystem is in a league of its own, with other crypto ecosystems operating comparitively in the margin.
And this applies both for current numbers and growth rates.
Full report: https://medium.com/electric-capital/electric-capital-developer-report-2020-9417165c6444
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Besides what is exposed in this report, there are other metrics indicating #Ethereum ⟠ $ETH's overwhelming dominance.
A notable one is block space demand in the form of fees paid for using the network: http://cryptofees.info
Besides what is exposed in this report, there are other metrics indicating #Ethereum ⟠ $ETH's overwhelming dominance.
A notable one is block space demand in the form of fees paid for using the network: http://cryptofees.info
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Another notable metric is amount of value locked in #DeFi applications, which is also completely dominated by #Ethereum ⟠ $ETH:
http://defipulse.com
Another notable metric is amount of value locked in #DeFi applications, which is also completely dominated by #Ethereum ⟠ $ETH:
http://defipulse.com