US Losing Lead in Web3 Development to Russia and India - BitcoinEthereumNews.com
TeknolohiyaNawawala ng US ang Pangunguna sa Web3 Development sa Russia at India05 / 11 / 2022Balita ng Ethereum ng Bitcoin The United States is losing overall market share in terms of Web3 developers, according to data from crypto venture capital firm Electric Capital. Since 2017, the absolute number of Web3 developers increased 200% in the U.S., while during that same period this figure increased 300% for the rest of the world, according to Electric Capitals 2021 Developer Report. Using open-source data, analysts estimated that there were nearly 18,500 Web3 developers as of Dec 2021, up 75% from roughly 10,500 in Jan that year. As the report drew exclusively from open sources, it acknowledged that it likely undercounted the total number. Pamamaraan ng ulat The report used two methods to infer the location of developers, code submission timestamps during U.S. working hours, defined as 9 am EST to 10 pm EST, and social profiles linked with developer profiles on platforms like GitHub. A plot of the historical share of code submissions that occurred during U.S. working hours showed that the U.S. share declined from 65% in 2012 to 55% in 2022 YTD. For reference, the report noted that the historical U.S. market share in well-established open-source projects using the