Crypto winters really are for building. That's according to a survey crypto developers made by Hiroa toolkit for web3 developers.
The H2 2022 developer survey confirms that when speculative activity around cryptocurrencies cools off, it's time to get down to business. More than half of those surveyed (55%) said that the bear market has increased their desire to work in Web3with the majority focused on NFTs Y DAOs.
Many developers want to see innovation in Bitcoin thrive, with 38% of respondents citing this as their main motivation for developing on Stacks, a programmable layer on top of Bitcoin.
What is the most important characteristic of a block chain? According to 60% of the respondents, decentralization is the key feature of the blockchain trilemma of security, decentralization, and scalability. Another interesting finding from the survey is that 59% of Stacks developers consider the term โBitcoin maximalismโ to be neutral.
Things Get Easier For Crypto Developers
Stacks developers also reported in their Q3 2022 survey that each stage of development has gotten easier since Q1, especially deploying contracts to the network, integrating contracts into applications, and maintaining and monitoring applications and contracts.
While Hiro's developer community focuses on Stacks, they are also involved with other blockchain ecosystems. Ethereum, which recently switched to proof-of-stake after the merger, remains a clear favorite. Cosmos and Lightning experienced the highest growth among the Stacks developer community, with activity increases of 85% and 64%, respectively. Other chains have lost ground among respondents, with Polygon, Binance Smart Chain, Avalanche, and Polkadot seeing declines in popularity.
Methodology
Developers from more than 50 countries responded to the survey, with the largest concentrations from Asia-Pacific (34.5%) and North America (30.3%). The respondents were mostly (85%) men. Three quarters were between 25 and 44 years old. One-third are employed full-time, part-time, or self-employed at Web3.
Read the full report from Hiro.
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