Ethereum Blockchain Killer Goes By Unassuming Name of Polkadot
- Ethereum co-founder Gavin Wood leads development of Polkadot
- Platform sees biggest jump in developers of major protocols
The Ethereum symbol.
Photographer: Ulrich Baumgarten/Getty Images
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While Ethereum has become the blockchain of choice for many of the digital-asset world’s hottest cryptocurrencies, a next generation network is capturing the attention of application developers.
Created by Ethereum co-founder Gavin Wood, the innocuously named Polkadot platform has seen the biggest jump in active developers of all major crypto protocols, according to a recent report from Outlier Ventures. While developer interest in Bitcoin and Ethereum has declined, the number of monthly active developers building on Polkadot increased by 44% in the 12 months ended in May, the report found.