2022 Q3 Web3 Developer Report: The deployment of Ethereum smart contracts surged by 40%

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特邀专栏作者

2022-10-14 12:30

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Despite the crypto winter, Web3 developers are more active than ever.

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Despite the crypto winter, Web3 developers are more active than ever.

Original title: Web3 Developer Report (Q3 2022)

Original Author: Alchemy Team

Original source: alchemy

Original compilation: Ruohua, MarsBit

Despite the sluggish market, Web3 developers are developing faster than ever.

Despite crypto winter, with Bitcoin and Ethereum down roughly 70% from their November 2021 highs, web3 developers are more active than ever. In fact, 2022 is by far the most important year.

With the help of some friends over at Etherscan, DappRadar, Github, NPM JS, CoinMarketCap, and the Internet Archive, we dug into the data to see if we could paint a clearer picture of web3 developers' exposure to wild swings in the macro market. prospect.

We first analyze the usage of two crucial web3 libraries. Ethers.js and Web3.js. These libraries allow developers to read blockchain data through providers like Alchemy and send transactions on behalf of users to facilitate deposits to DeFi protocols, create NFTs, and more. They are an essential tool for building web3 products.

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Weekly downloads of ethers.js and web3.js since 2018

This metric alone shows a surge in interest in building applications on Ethereum, but we didn’t stop there.

Smart contracts represent the core logic of DeFi protocols and NFT minting contracts, similar to the server logic of many Internet products today that determine the behavior of applications and databases. In other words, an increase in smart contract deployments indicates healthy developer activity and growth.

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Monthly Verified Smart Contract Released Q3 2022

Finally, another indicator of ecosystem health is the number of dapps, or end-user applications with decentralized backends, deployed in the ecosystem. DappRadar estimates that 12,495 dApps currently exist across all locks, up from about 1,000 in 2018. What’s more, roughly 2,500 of these dapps had at least one active user in the last 24 hours.

Some other highlights of the report include:

36% of all deployed and verified smart contracts will be deployed in 2022.
In the 2 weeks following the merger, smart contract deployments increased by 14%.
Smart Contract Deployments Surge 40% to All-Time High Despite Ethereum Price Drop of 62%
The Alchemy University platform is a new platform for learning how to build on web3. In less than a week, more than 16,000 people signed up on the waiting list.

Alchemy has seen a 3x increase in the number of developer teams building on its platform since early 2022, but for us, stepping out of our own ecosystem has a broader, more objective view of the health of web3 developers Very important.

Research methods

This report strives to provide an accurate and useful representation of web3 development. To collect data, we used the following sources: Etherscan (verified smart contracts), DappRadar (dapp counts), Github and NPM JS (SDK installations and source data), CoinMarketCap (token prices), and Internet Archive (get the above webpage to provide a time-stamped data source). Weekly downloads of the web3 Javascript library represent developer activity. This metric is useful, but not perfect, because the library can be downloaded multiple times by the same user, intentionally or accidentally. However, it provides a signal for directional guidance. Furthermore, the growth of the various blockchains on Alchemy is purely relative; some chains are significantly larger as measured by active teams and daily requests.

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How to measure web3 developer activity?

There are three main ways to measure web3 developer activity:

1. Library:Develop tools to easily read and write blockchain data

2. Smart contract:Computer programs stored and executed on the blockchain

3、dapps：Decentralized end-user available applications running on the blockchain

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How much has Ethereum fallen since Q3 2021?

Since the third quarter of 2021, Ethereum’s native token, ether (ETH), is down 56% year-over-year.The decentralized finance and NFT markets were also heavily impacted by the market crash. Since 2021, the total value locked (TVL) in DeFi applications has dropped by 69% (year-over-year), and the NFT market transaction volume has dropped by 88% year-on-year.

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How often do web3 developers download Ethereum libraries?

In the third quarter of 2022, web3 developers downloaded Ethers.js and Web3.js libraries more than 1,536,548 times per week, a year-on-year increase of 178%.The number of weekly developer installs of both libraries has increased every year since 2018, and in 2022, this figure is already a 10-fold increase from the 2018 high of 145,799 weekly downloads.

Total combined downloads

2018: 145,799
2019: 180,231 (+24%)
2020: 325,056 (+80%)
2021: 552,272 (+70%)
2022: 1,536,548 (+178%)

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Ethers.js vs Web3.js: Which Ethereum library is more popular in 2022?

In 2022, web3 developers downloaded the Ethers.js library 948,981 times, an increase of 212% since 2021, while web3.js downloaded 587,567 times, an increase of 137% since 2021.

Web3 developers can choose to use esthers.js or web3.js as their library for sending and receiving data from the blockchain. Because Ethers.js has more downloads and is growing faster than web3.js, it is the more popular Ethereum javascript library for developers in 2022.

Downloads of Web3.js

Web3.js is the original library used by Ethereum developers, as evidenced by its higher total downloads than ethers.js between 2018 and 2020.

2018: 91,936
2019: 113,272 (+23%)
2020: 161,257 (+42%)
2021: 247,999 (+54%)
2022: 587,567 (+137%)

Downloads of Ethers.js

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2018: 53,863
2019: 66,959 (+24%)
2020: 163,799 (+145%)
2021: 304,273 (+86%)
2022: 948,981 (+212%)

smart contract

How many smart contracts were released in Q3 2022?

48,689 verified smart contracts were issued in Q3 2022, a 143% year-on-year increase compared to 20,040 verified smart contracts issued in Q3 2021.

Over the past three months, smart contract deployments on Ethereum hit consecutive all-time highs:

July: 14,615 smart contracts
August: 16,698 smart contracts
September: 17,376 smart contracts

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How many smart contracts have been released in 2022?

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2022 is the year with the most verified smart contracts deployed so far

Here are the raw numbers:

323,749 smart contracts ever deployed
117,922 smart contracts deployed in 2022 alone
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How much have smart contracts grown since 2015?

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Proven smart contracts deployed since 2015

Here are the raw numbers:

2015: 0
2016: 808 (∞)
2017: 9,438 (+1068%)
2018: 44,023 (+366%)
2019: 24,281 (-45%)
2020: 48,471 (+100%)
2021: 78,806 (+63%)
2022: 117,922 (+50%)

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Smart contract development has nothing to do with cryptocurrency prices

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Unlike DeFi and NFT markets, large drops in token value will not affect smart contract development growth

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dapps

How many dapps are there in 2022?

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Developers Continue to Build and Launch Blockchain Apps Despite Falling Cryptocurrency Prices

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NFT development statistics for the third quarter of 2022

According to data from Alchemy’s NFT API (https://www.alchemy.com/nft-api), the total number of NFT API requests has increased 10-fold so far this year, indicating that there is more in user-facing products and analytics Use NFTs freely.secondary title

Enhanced API Statistics Q3 2022

In Q3 2022, year-to-date, Alchemy has seen a 10x year-over-year increase in enhanced API requests, confirming the expansion of DeFi, DAOs, and gaming as well as from core node APIs to more advanced infrastructure.secondary title