ProtocolReportingApril20,2023Polkadot(DOT)StateofPolkadotQ12023QuarterlyCommunityReportNickGarcia•ResearchAnalyst(@NickDGarcia)MikeKremer•DataEngineer(@mikeykremer)KeyInsights●TheadoptionandusecasesofXCMareexpanding.InQ1,theusageofXCMexpandedbeyondtransfers,andthenumberofXCMchannelsincreased60%.XCMV3,whichprovidesadvancedfunctionality,wasmergedintothePolkadotcodebaseandispresentlyundergoingtheauditandapprovalprocess.●Polkadotremainsoneofcrypto’slargestdeveloperecosystems,accordingtotheannualElectricCapitaldeveloperreport.Withover750full-timedevelopersand2,000totaldevelopers,Polkadothasseenitsfull-timedevelopercountgrowbyover16timessince2018.●Polkado...
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