Polkadot (DOT) is one of the blockchain networks that could eventually take on Ethereum (ETH). They are both smart contract platforms, but approach this from different sides. Although Ethereum is currently the largest, Polkadot is seeing significant growth! This is evident from figures from GitHub.
500 contributions every day on Polkadot
From this dates turns out that as many as 500 contributions were made to Polkadot’s GitHub every day in September. That’s a record for the network. For example, a contribution means that developers add improvements to the code. In other words, the more contributions made, the healthier the network is.
In the previous month, a total of 14,930 contributions were made. So the Polkadot ecosystem looks vibrant. And this is also apparent from other figures.
Over 25,000 posts between Polkadot sidechains
Polkadot is a so-called multichain network in which side chains run parallel to each other, called Parachains. The idea behind this is that each chain can serve a specific purpose and at the same time continue to communicate with the other chains. Thus you get a web of blockchains.
Currently, 66 blockchains are part of the Polkadot ecosystem. In total, 140,000 messages were sent between them. In September, there were 26,250 messages. Another sign that there is a lot of life in the ecosystem.
Polkadot continues to grow as an ecosystem
It can be concluded from the above developments that Polkadot is making good progress. The latest crypto news also stated that the largest stablecoin Tether (USDT) was launched on the network at the end of September.
Another interesting development was the launch of non-fungible tokens (NFT) on the network by the creator of Final Fantasy VII. The NFTs were launched by Enjin, which runs on Polkadot. Enjin originally launched on Ethereum but made the switch due to rising transaction costs at the time.