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rockatanescu | 3 years ago

> The combined brainpower working on Web3 is unprecedented.

The data that I have seen indicates that there are roughly 20.000 developers [1] actively working in the web3 space. Only Microsoft has roughly 100.000 software engineers.

[1]: https://cointelegraph.com/news/web3-developer-growth-hits-an...

> That rate of innovation pales in comparison to what’s happening around Web3; it’s nowhere near it. There are about 18.5K cryptocurrencies in existence (12K with a whitepaper), out of which about 10K are active in 2022, and the rate is increasing exponentially (about 50% of all cryptocurrencies on Coinmarketcap were listed in the last year).

So the allegedly unprecendented combined brainpower working on Web3 was able to come up with 18.000 different ways to market a distributed database, out of which only 12.000 could be bothered to even write a document describing how their database works and only 10.000 are still active, even with huge financial incentives.

That's a lot of innovation.

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