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Solana Surpasses Ethereum As The Top Ecosystem For New Developers
The post Solana Surpasses Ethereum As The Top Ecosystem For New Developers appeared on BitcoinEthereumNews.com. For the first time in nearly eight years, Solana has overtaken Ethereum as the leading ecosystem for new developers. A report by Electric Capital on December 12 revealed that more developers are now flocking to Solana than Ethereum. It marks a significant shift in the blockchain space. Solana’s rapid rise has captured the attention of developers worldwide, particularly in Asia, where the platform has experienced massive growth. 1. New Developers, New Trends The rise of blockchain technology and cryptocurrencies has significantly impacted industries beyond traditional finance, including online gambling. New technologies offer players a secure, fast, and efficient way to deposit and withdraw funds. Rising platforms are recognizing these trends and are taking advantage of the new crypto tech offers. The benefits of using crypto in online casinos include lower transaction fees and greater privacy. In particular, the emergence of no KYC crypto casinos, most of which editor-in-chief Philip mentioned in his article, has become a trend in the iGaming space. These platforms allow players to wager without the need for traditional Know Your Customer (KYC) procedures. These are often a hurdle for players seeking anonymity. No KYC crypto casinos offer users the freedom to engage in online gaming while protecting their identity. Thus, they further fuel the appeal of cryptocurrencies in the gambling industry. 2. Solana Overtakes Ethereum in New Developer Growth Solana’s developer ecosystem has experienced substantial growth this year, onboarding 7,625 new developers. It marks a notable increase compared to Ethereum, which onboarded 6,456 new developers in the same period. It is the first time since 2016 that Solana has surpassed Ethereum in terms of new developer activity. That signals a shift in developer preferences. Solana’s rise is attributed to various factors, including its technical capabilities, lower transaction fees, and faster processing speeds. Solana saw a major…
The post Solana Surpasses Ethereum As The Top Ecosystem For New Developers appeared on BitcoinEthereumNews.com.
For the first time in nearly eight years, Solana has overtaken Ethereum as the leading ecosystem for new developers. A report by Electric Capital on December 12 revealed that more developers are now flocking to Solana than Ethereum. It marks a significant shift in the blockchain space. Solana’s rapid rise has captured the attention of developers worldwide, particularly in Asia, where the platform has experienced massive growth. 1. New Developers, New Trends The rise of blockchain technology and cryptocurrencies has significantly impacted industries beyond traditional finance, including online gambling. New technologies offer players a secure, fast, and efficient way to deposit and withdraw funds. Rising platforms are recognizing these trends and are taking advantage of the new crypto tech offers. The benefits of using crypto in online casinos include lower transaction fees and greater privacy. In particular, the emergence of no KYC crypto casinos, most of which editor-in-chief Philip mentioned in his article, has become a trend in the iGaming space. These platforms allow players to wager without the need for traditional Know Your Customer (KYC) procedures. These are often a hurdle for players seeking anonymity. No KYC crypto casinos offer users the freedom to engage in online gaming while protecting their identity. Thus, they further fuel the appeal of cryptocurrencies in the gambling industry. 2. Solana Overtakes Ethereum in New Developer Growth Solana’s developer ecosystem has experienced substantial growth this year, onboarding 7,625 new developers. It marks a notable increase compared to Ethereum, which onboarded 6,456 new developers in the same period. It is the first time since 2016 that Solana has surpassed Ethereum in terms of new developer activity. That signals a shift in developer preferences. Solana’s rise is attributed to various factors, including its technical capabilities, lower transaction fees, and faster processing speeds. Solana saw a major…
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