Ethereum’s Development Activity Ranks At The Top With 401 Projects

Ethereum is at the top position among the projects with the most development activity in the last 30 days. With a total of 401, ETH rules the roost followed closely by open-source blockchain platform Polkadot [DOT] and Kusama [KSM] occupying the second and third, respectively, each recording 400 development activities.

Coming in the fourth place is Cardano [ADA] with 389 projects, while Status finishes off the top five spot at 324. 

The network’s development activity coincides with the highly-awaited Merge upgrade that will transition the network to the Proof-of-Stake [PoS] protocol. This would certainly act as an impetus for the growth of several projects on the platform looking to invest in the new version of the blockchain. 

It is also believed that the number of projects might also increase during the post-Merge period since the network is deemed to be in much better shape compared to its earlier version. 

As reported by TronWeekly, Ethereum 2.0 client, Teku released the version 22.8.1 update, which consists of a Merge configuration and an upgrade to the Bellatrix network. This is undertaken to prepare for the upcoming merge on September 15.

According to the document published by the client, all mainnet users must complete the update before September 6.

The update is pivotal for Teku as well as the execution client. Without it, Teku will display a message either “Execution Client is offline” or “Merge transition configuration issue.”

Ethereum PoW Receives A Crucial Update

As stated on the official Github page of Ethereum PoW, the project received the second code update, with EIP-155 being enforced. The main update is carried out in the Chain ID, which would come with a compulsory signature for all the transactions on the network.

This would add a layer of extra protection to the PoW version of the second biggest cryptocurrency on the market as it would protect the asset from a replay attack of other forks.

A replay attack is a form of network attack where a bad actor maliciously or fraudulently repeats or delays transactions on many blockchains by intercepting a secure network communication.

Lipika Deka: Lipika is a crypto-journalist at TWJ. A graduate in economics and finance, she has a keen interest in the political and socio-economic facets of blockchain technology and the cryptocurrency industry.