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

Former Twitter CEO Jack Dorsey demos LDK for supporting fast Bitcoin payments

Former Twitter CEO Jack Dorsey has demonstrated the Lightning Development Kit (LDK), a solution to help developers support fast Bitcoin payments via mobile and point-of-sale terminals.

Dorsey stepped down from Twitter to focus his efforts on Block (formerly Square) which, as a group, is aiming to boost the adoption of Bitcoin as a payment method.

The company’s Square Crypto project was rebranded to Spiral. The company is developing the LDK to enable developers to...

7 December 2021 | API

Niantic gets additional support for building the metaverse as valuation hits $9B

Niantic is emerging as a key player in building the metaverse and investors are keen to get in on the action.

Tech-focused investment firm Coatue has invested $300 million in Niantic, bringing the company’s valuation to $9 billion.

Matt Mazzeo, a General Partner at Coatue, said:

“Niantic is building a platform for AR based on a 3D map of the world that we believe will play a critical role in the next transition in computing.

We are excited to partner...

23 November 2021 | Gaming

Cardano tops blockchain dev activity for second year, Avalanche witnesses explosive growth

Outlier Ventures has released its blockchain development trends report for Q2 2020/21 and it highlights growing interest around the “Ethereum killers”.

Ethereum is the original smart contract platform and, to this day, hosts the largest number of decentralised applications. With a market cap of $408.3 billion, it’s the second-largest cryptocurrency behind Bitcoin ($893.5 billion).

However, Ethereum continues to be plagued by slow transaction speeds and high fees....

17 September 2021 | Blockchain

Charles Hoskinson, Founder, Cardano: On the opportunities for decentralised apps

Blockchain platform Cardano aims to disrupt unfair legacy centralised systems and distribute power to individuals around the world, but it needs your help.

The decentralisation movement really started when Bitcoin was released in 2009 as a global digital currency with a fixed supply that’s immune to inflation, has no central bank, and cannot be shut down.

However, Bitcoin has its limitations. While it’s arguably the ultimate “store of value” asset – which is...

22 February 2021 | Blockchain

Q&A: Nicolas Hourcard, QuestDB: The advantages of a time-series database

Developers need higher performance databases to unlock the full potential of exciting but ever more data-hungry applications.

IDC forecasts that the global datasphere will grow from 45 zettabytes in 2019 to 175 zettabytes by 2025. Furthermore, the analysts expect that around 30 percent of the world’s data will need real-time processing.

"Today, more than five billion consumers interact with data every day — by 2025, that number will be six billion, or 75 percent of...

3 December 2020 | Databases

Ethereum 2.0 beacon chain launches with over $400m staked

Decentralised computing platform Ethereum has successfully launched its beacon chain for 2.0 with supporters currently staking over $400 million.

Ethereum 2.0 pivots the world’s most popular decentralised app platform to a faster and more efficient Proof-of-Stake consensus.

https://twitter.com/ethereumJoseph/status/1333746118979702786

Developers are building innovative new applications for just about every industry—but there’s one that Ethereum has become...

1 December 2020 | Blockchain

Ethereum 2.0 nears launch with deposit contract expected this week

The long-awaited new version of Ethereum’s decentralised platform is close, with its deposit contract expected to launch this week.

Ben Edgington, a developer at Ethereum-focused software company ConsenSys, posted a blog post this week in which he said: “As I understand it, we are good to go: deposit contract in the next few days; beacon chain genesis 6-8 weeks later.”

Edgington adds the disclaimer that it’s not an official statement.

Ethereum 2.0 is...

20 October 2020 | Blockchain

Elon Musk is not ‘for or against’ decentralised platform Ethereum

Elon Musk says he's not "for or against" decentralised platform Ethereum, following rumours of using it for a project.

Musk was responding to a tweet from cryptocurrency proponent William Shatner, of Captain James T. Kirk fame from Star Trek. The tweet from Shatner was originally posted back in May, but Musk took time off from launching shuttles to respond this week:

https://twitter.com/elonmusk/status/1278730873999949824

Unlike Bitcoin, Ethereum is designed to be...

3 July 2020 | Blockchain