Developers - The most important factor of Blockchain?

[Bitcoin Miners]

What I give analyse below are basing on tweet of @Fiskantes and I hope will give you a insight about Developers in this market.

When we come with this market, almost we just concern about the price and products how they are used and what they solve. But first of all, Blockchain needs developers (devs) to creat products.

1. The importance of Devs
- Devs are the first users and creators for the system. Because of this, Devs become the most important factor, who decide to succeed of any blockchain network.
- If you pay attention that the core reason make the later platforms are less attractive with devs and usually lead to failure because the platform is increasingly devoid of devs.
- According to the report of Electric Capital, the amount of Devs take part in developing in the Crypto segment for the first time has increased continuously for more than 3 months since the peak of 2017 and has increased by more than 15% since the beginning of 2020

(Source: Electric Capital)
However, among them, almost devs focus on top 200 networks. This thing make a closed cycle: More devs--> More good products--> More users--> More devs. And as a result, the top networks grow more and the weaker networks have more difficulties.

(Source: Electric Capital)
The networks don't focus on devs almost be removed, underdeveloped, and can't be attracted to users and investments

2. The factors that be attracted devs
 

• The friendly working enviroment
• Tool for devs
• Money

- Let's look at some good networks now, we can see they all have 3 above factors such as Ethereum with Ethereum Foundation and the programming language Solidity, or Polkadot with Web3 Foundation and the Substrate tool...Beside that, some promised names who attracted more and more devs come to their networks like Solana, Near, Flow, Avalanche.

-->So, for the final, understanding the importance of Devs may be the best key for developing of any project.

[Eco_111]

We have more developers but less good projects  , it shows that many developers aren't real developers, there is no way to know who is qualified to be a developer or not since it's easier to lie about everything in crypto space, I'm guessing that 80% of those new developers are scammers or pump and dump team, everyone wants to create his or her own token this days to make money

[irixo10]

To be frank, developers are very important in a project, and the most important aspect of them is their experiences and skills towards that particular project; that is, a project developer with experiences and skills in games, should create projects towards that angle and this can be the only way the project will work and last long term. But nowadays, what we are witnessing is a different thing altogether, we see projects with successful public sale not even working as expected nor the team actually developing something that is worth it. Also, many shit projects we have today were developed by developers, who are these developers? Hence my reason for saying that the most important aspect of a developer of a project is the experiences and skills in that particular project. Nevertheless, few developers are ready for development and a whole lot are here for the money.

[FaucetKING]

Developers are human beings, they need to feel confortable and to get paid in full in order to create and deliver the requested tasks. You can't expect that someone which has a skill in developing apps to remain with a project that is under estimating his efforts, not paying for his work or maybe having less and less chance to succeed. It's a true factor when talking about money and available tools and i'm with the developers decision if they ever decided to leave.

[terrific]

Of course they are important. No blockchain will work if there's no developer.
Like for bitcoin, if it's not because of satoshi. We don't have bitcoin and blockchain that's becoming popular today.
It has made a lot of jobs and developers post are becoming in-demand. It's like having a car with a driver. The driver is the developer.

[bitmover]

Off developers are very important,  but let's not think they can make miracles.

The whole project idea, the economics of the ecosystem, the market, the use case of the token/blockchain
. ... developers can make a wonderful code, but if the project is going into the wrong direction it will fail.

Development is an important part of the job  but It is just a part of it.

[AmoreJaz]

Off developers are very important,  but let's not think they can make miracles.

The whole project idea, the economics of the ecosystem, the market, the use case of the token/blockchain
. ... developers can make a wonderful code, but if the project is going into the wrong direction it will fail.

Development is an important part of the job  but It is just a part of it.

exactly! a developer can create an impressive project but actual implementation is another thing.
 this is why even if we are seeing a lot of great projects here but they still fail. why? because cant successfully manage to get customers. the lifeblood of a project is their customers that will actually use their platform. without them, basically the project can't sustain its operations. so for me, each part has its own role in achieving success in this industry, and yes, devs are one part only.

[sgenuine]

Developers make a lot of dummy tokens and offer to exchange them for real money, bitcoins or altcoins. After the project is closed, developers do not care what happens to the tokens. However, if they offer something worthwhile, then no one will sell tokens cheap.
Normal projects live and are interested in the price and development of the token.

[doctor877]

Developers are the first layers of activating any project to reality. It's when a developer swings into action then the next phase begins and so on till it gets to the final stage. They major issues with the devs is to to get a sound one and then the final implementation of the ideology into reality. This is where many projects are stucked today.

[hatshepsut93]

The most important part is actually having a feasible idea. If you idea is unrealistic, then even hiring the best devs in the world won't help you. And altcoin field is full of projects that just can't succeed - medical blockchain, VR blockchain, renewable energy blockchain, etc. This is just the famous "garbage in - garbage out" principle. I think overwhelming majority of altcoins have both bad devs and bad ideas, rather than good ideas that suffer from having bad devs.

[poodle63]

The defi craze has attracted so many people into switching their career and becoming blockchain developers, the emergence of massive government backed stablecoins also contribute much more to it. It's not a secret that senior blockchain developers who works at big company usually have a really high salary.
I guess people just want to jump in because the market for these developers still not as saturated as any other field.

[JeotQ]

The defi craze has attracted so many people into switching their career and becoming blockchain developers, the emergence of massive government backed stablecoins also contribute much more to it. It's not a secret that senior blockchain developers who works at big company usually have a really high salary.
I guess people just want to jump in because the market for these developers still not as saturated as any other field.

It would have been great if all the developers are professionals, many come here to take advantage of crypto because of huge amount of money that's involved, most especially DeFi projects which are mostly scam and dubious projects, not all developers are real blockchain devs

[devollito]

Developers is important thing but the most important is investor, you can make shitty project look very good if investor have a lot of money and also he can hire good developer and hacker to solve some problem. Good project is about idea not developer. My big brother is a programer he is working as system engineer. But he syill does not enter this crypto world.

[Bitcoin Miners]

Developers is important thing but the most important is investor, you can make shitty project look very good if investor have a lot of money and also he can hire good developer and hacker to solve some problem. Good project is about idea not developer. My big brother is a programer he is working as system engineer. But he syill does not enter this crypto world.

It's hard to say that your point is right. It's like the story " Chicken comes first or the egg comes first?". But in my opinion, if that project is not good enough, whether investors will want to invest on it? Anyway, every aspect all has its reason and I respect your opinion.

[sulis sudibyo]

yes devs are an important factor. but we don't need those who are lazy or just want money. Currently, crypto is only filled with greedy people, rather than developing platforms and innovating. they just want investors' money. look at the market today how many projects released from 2017 are still surviving and still developing. maybe only less than 10% and the rest disappears with the investor's money with him.

is it good for the future?
no, they will only reduce people's trust. in the end blockchain technology was only used as a promotional tool. there is no real development in this technology.

[cryptomaniac_xxx]

^^ That's one of the problems really, there are good developers, but more in crypto space are just lazy to code and then didn't test it as well before going live and into production. That's why there are a lot of hacks, because everything is open source and hackers can really see projects that have lazy developers and they can quickly spot loopholes. So I agree that developers are very important as to lessen to attacks on crypto projects.

[el kaka22]

I highly doubt the developer part is the most important part. Do you know where they become important? When you are building something brand new that nobody has seen before.

For example, DeFi was something and DEX was something right? It has been a thing for over 1 year now, but when did it become a huge deal? When Uniswap type of places started to exist. Even binance sort of has a DEX part of their exchange as a side deal, their binance blockchain helps them and so forth, but in reality before uniswap there were nothing this important at all, but nowadays we have something major thanks to it.

This is the type of developer we need, that developer is the most important factor because he took something nice and made it a sensational product, if you are a developer like that you are very important. However if you are building just another same type project, developer just copy pastes and changes the names and logos.

[Yey09]

Devs and adoption are two main factors of blockchain grow. This makes almost any industry valuable

[Gunday_07]

The fact is I've seen projects with great use cases but they got ruined because of the developers themselves and also there are few projects with not too good use cases but they are blessed with great developers, in this case things are vice versa, there is no way to know what team or devs will be capable of untill they prove some worth

[TastyChillySauce00]

The fact is I've seen projects with great use cases but they got ruined because of the developers themselves and also there are few projects with not too good use cases but they are blessed with great developers, in this case things are vice versa, there is no way to know what team or devs will be capable of untill they prove some worth

The developers were the main factor. The brain of project was the developer and any decision that will have taken by the developers. The blockchain itself will not be alive without the developers.
Just look at how satoshi was creating bitcoin and he was a developer for bitcoin at the same time the creator of bitcoin too.
The developers are the most important factor in blockchain development.