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Polygon Dominates 2023 Developer Scene: ElectricCapital Report Reveals Insights

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ElectricCapital’s 2023 Developer Report spotlights Polygon’s Proof-of-Stake (PoS) protocol as the top choice for first-time developers.Polygon bitcoin PoS emerges as a significant cross-pollinator, fostering collaboration with Ethereum and defining the landscape of multichain development.Despite an overall decline in developer numbers, the report brings forth a positive narrative with 22,000 monthly active developers.In a pivotal move, the development team behind Polygon, Polygon Labs, delved into the dynamic world of blockchain development, unveiling intriguing insights from the 2023 ElectricCapital Developer Report. In a recent X post, the platform disclosed a thorough examination involving more than 485 million code commits across 818,000 open-source repositories. This analysis unveiled a rich tapestry of trends and behaviors that intricately mold the ever-evolving landscape of blockchain development.A standout revelation from the data is the dominance of Polygon’s Proof-of-Stake (PoS) protocol, which is emerging as the preferred choice for first-time developers. Second only to Ethereum, this preference stands as a testament to the chain’s exceptional speed, cost-effectiveness, and compatibility with the Ethereum Virtual Machine (EVM). The report highlighted Polygon zkEVM, underlining its significance in the developers’ toolkit.Read full article at CryptoTale.

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