If devs are a leading indicator of value creation, Polkadot is a leading future-centric-vision blockchain

Let’s dive into developer report by Electric Capital.

Polkadot has 7.5% more full-time Devs than Ethereum. This demonstrates that Polkadot has an aggressive long-term vision as full-time Devs join the development team in full capacity.

• 37.5% of Polkadot developers are Full time Dev.
• 30.4% of Ethereum developers are Full time Dev.

Full control, Better communication, self sufficiency, more potential for growth and greater efficiency; High costs.

Another important factor to highlight is that the reduction in the number of full-time Devs on Polkadot is 9% below the total average. This demonstrates a higher retention of full-time Devs on Polkadot than the average for other chains.

When we analyze the Devs monthly activity graph, we see a linear and constant growth of Established Developers, which aligns with the long-term vision and commitment to the project of Polkadot’s full time Devs.

Although Polkadot has 25,037 repositories (7% of the total) and 22,232,604 commits (10.5% of the total), there is an exponential increase in commits from full-time developers compared to others. When Commit Frequency is high, teams are highly productive, continuously merging code into the main branch and might be in active phases of product feature development and delivery.

Coretime sales, Asynchronous backing, BEEFY, Snowbridge... are just some reasons for the exponential growth in the number of commits on Polkadot. Yes, development does not stop in the bear market, not when we are talking about Polkadot.

https://twitter.com/0xgoku%5F/status/1748422048768983457

The report reveals that 30% of Devs support more than one chain and that EVM chains share up to 87% of their Devs. Polkadot has a symbiotic relationship between its Devs and Kusama and some parachains – This reveals the intrinsic relationship/loyalty of Substrate Devs with Polkadot.

The emerging growth in the number of Devs in Asia, Latin America and Eastern Europe is in line with the events held by Polkadot aimed at Devs.

• Polkadot Decoded 2023, Shanghai, China.
• Polkadot Hackathon Vietnam 2023.
• Polkadot Hackathon LATAM 2022.
• Polkadot Decoded 2022 Buenos Aires, Argentina.
• Polkadot Decoded 2022 Hangzhou, China.
• Polkadot Decoded 2022 Berlim, Germany.
• Sub0 Asia 2024 Bangkok, Thailand.
• PolkadotNow 2023 Banglore, India.
• HackaDOT2023 Yonsan-Gu, Seoul, Korea.

Therefore, if Devs are a leading indicator of value creation, Polkadot is leading innovation with a long-term focus!