Research: Developers are leaving EOS, Bitcoin Cash, and Tron

06/14/2020

ForkLog

Over the past year, significantlydecreased developer activity immediatelyseveral blockchain projects. EOS (85%), Bitcoin Cash (63%) and Tron (51%) were anti-leaders in terms of the number of developers who left projects, according to a study by Outlier Ventures.

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According to researchers, decreased activityEOS developers can be attributed to a drop in interest in the project since the launch of its mainnet. Along with the exodus of developers, the number of updates to the project's codebase on GitHub dropped by 94%.

The main factor for Tron, which code is updated 96% less often than a year ago, is the negative market dynamics.

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New players in the decentralized application (Dapps) space have seen growth. The Polkadot project is supported by 44% more developers, and their number in the Cosmos ecosystem has grown by 15%.

Researchers are also paying attention to the Theta and Cardano projects &#8212; the source codes of these two projects began to be updated more often by 930% and 580%, respectively.

Block.One raised over $ 4 billion to launch the EOS network. Since mid-2018, when the year-long ICO of the project was completed, developers have launched 326 functioning decentralized applications, which is only 9% of the total number of Dapps in the blockchain industry. Ethereum remains the leader in this indicator, accounting for 80% of Dapps.

Recall that in May, researchers at UCL Blockchain and Imperial College London concluded that most of the transactions in Ripple, EOS and Tezos are devoid of economic sense.