SharpLink CEO Joseph Chalom stated that, according to Electric Capital data, the total number of developers in the Ethereum ecosystem has reached 1,012,824, with approximately 232k active developers in the past 12 months. Chalom believes that Ethereum's greatest moat is not speed or transaction fees, but the network effects formed by long-term accumulation of developers, standards, infrastructure, liquidity, and composability, and he said, "The most important question is not which chain is the fastest, but where the best developers choose to build in the long run."

ETH1.97%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 7
  • 1
  • Share
Comment
Add a comment
Add a comment
ProofOfVibes
· 8h ago
230k monthly active users, can other chains combined compete?
View OriginalReply0
MempoolDrifter
· 8h ago
High transaction fees are indeed annoying, but looking at it from a different perspective, the fact that it can still retain so many people shows that the stickiness is really strong.
View OriginalReply0
FudAlsoNeedsAnImage
· 8h ago
The point about standardization plus composability is well explained; DeFi Lego is not called that for nothing.
View OriginalReply0
NeonMint
· 9h ago
Speed can be optimized, but the ecosystem can't be built overnight.
View OriginalReply0
OffshoreWindOrder
· 9h ago
The most ironic thing is that those who claim to be "Ethereum killers" end up becoming "Ethereum users" in the end.
View OriginalReply0
GateUser-4bd1cc87
· 9h ago
Electric Capital's data has always been reliable; their base of millions of developers is rock solid.
View OriginalReply0
MirrorBallPeeking
· 9h ago
I remembered that old saying: arriving early is not as good as arriving at the right time; arriving at the right time is not as good as staying for a long time.
View OriginalReply0
  • Pinned