Web3: Ethereum leads in developers, falling behind in activity

According to a16z’s 2022 State of Crypto report, Ethereum is maintaining its lead in web3 developers but rivals are overtaking in activity.

The report opens with some history of the various web eras and why web3 has many people excited:

Web1 (~1990-2005) – Based on open protocols, decentralised, and community-governed. However, relatively basic in terms of functionality.Web2 (~2005-present) – Siloed, centralised services with value and content ownership granted to a...

Ethereum 2.0 beacon chain launches with over $400m staked

Decentralised computing platform Ethereum has successfully launched its beacon chain for 2.0 with supporters currently staking over $400 million.

Ethereum 2.0 pivots the world’s most popular decentralised app platform to a faster and more efficient Proof-of-Stake consensus.

https://twitter.com/ethereumJoseph/status/1333746118979702786

Developers are building innovative new applications for just about every industry—but there’s one that Ethereum has become...