Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.
Polkadot, the Web3 interoperability platform, has seen new releases since the start of the week. In a Twitter announcement, Gavin Wood, Polkadot's creator, says that after exactly 15 months in development, Polkadot XCM version 3 has emerged.
THREAD - @Polkadot #PolkadotDigest 19 Jan 2023#Polkadot News
— Bill Laboon | W3F (@BillLaboon) January 19, 2023
Polkadot 0.9.37 has been released with MEDIUM upgrade priority. https://t.co/w8H7pDLelN
This enables bridges, cross-chain locking, exchanges, NFTs, conditionals and context-tracking. It also aims to enhance interoperability across chains, smart contracts and NFTs.
Likewise, the Polkadot 0.9.37 release, which contains changes from v0.9.36 to v0.9.37, has been launched. Ink 4.0.0-beta has been released to build contracts that use ink.
Polkadot takes lead in development activity
Last year, in 2022, Polkadot had the second largest developer community. Polkadot's developer activity remains one of the strongest in the crypto industry, according to an annual report by Electric Capital.
According to the report, Polkadot added full-time developers more quickly than any other blockchain at a comparable point in its existence.
1/ The @ElectricCapital annual report is out - and once again Polkadot is hitting all the right notes in terms of development activity!
— Polkadot (@Polkadot) January 18, 2023
Check out this 🧵for the highlights.https://t.co/gE5p99EyZn
Polkadot grew to more than 200 full-time developers in just two years and two months, although it generally takes an ecosystem four or more years to reach that point. Additionally, Polkadot was the first to surpass 1,000 developers.
Since January 2018, Polkadot has seen an exponential increase in the number of full-time developers; today, the network has more than 16 times as many as it did five years ago. Additionally, the overall number of Polkadot developers — including those who contribute on a part-time basis — is 10 times higher than the benchmark set at the beginning of 2018.
Alex Dovbnya
Vladislav Sopov
Dan Burgin