Polkadot development activity peaked in Q3: Report

The latest data also indicates that approximately 14,930 developer contributions were logged on GitHub on Polkadot for the month of August, creating a new monthly ATH by a wide margin.

Polkadot crossed the margin again, but for the first time in September, it ended the month with 15,433 contributions, the highest number recorded on any network, including Ethereum.

New records for Polkadot

The launch of new parachines continued on a regular basis, bringing the number of actives to 40 on the Kusama canary network and 26 on the main network itself. Many of these take advantage of Polkadot’s multi-consensus interoperability standard.

Data from Polkadot Subscan revealed that September broke the previous record for fetching the ATH number of 26,258 messages sent between parachains. In total, more than 140,000 messages were exchanged between chains using 135 channels.

Polkadot and Kusama’s treasury bonds have cumulatively distributed 9.6 million DOT and 346,700 KSM (about $72.8 million in total) to fund the ecosystem’s spending proposals.

From now on, Polkadot and Kusama’s scalability will take center stage. As such, founder Rob Habermeier has published a roadmap highlighting an upgrade called “Asynchronous Backing,” which aims to increase the block space five to ten times while reducing the block time for parachute from 12 seconds to six.

Without affecting security, the upgrade is also expected to increase the network’s transaction capacity per second (TPS) to between 100,000 and 1 million. Kusama’s asynchronous support upgrade is scheduled to be deployed early in the year, followed by Polkadot.

Paraheads is another column that is expected to be ready for launch early next year. These pay-as-you-go deals are designed to make it easier to build on the Polkadot ecosystem.

decentralized polkadot

In addition, Messari data indicates that Polkadot is the most decentralized network among its peers. The blockchain intelligence platform stated that it has a high Nakamoto coefficient, which indicates a large number of nodes that must be compromised in order to affect the blockchain and prevent it from functioning properly.

The report stated:

“A relatively equal distribution of auditor efforts enhances Polkadot’s level of decentralization. Polkadot’s Nakamoto coefficient averages 99, giving it the highest level compared to its peer base layers.”

Next was Solana with a Nakamoto coefficient of 31, followed by Avalanche at 30, NEAR at 9, Binance Chain at 8, Cosmos at 7 and Polygon at 4.

Notably, Polkadot reported consistent network usage and developer activity in the second quarter as well, despite a 66% drop in the rating.

Polkadot development activity peaked in Q3: The report first appeared on CryptoPotato.

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