Decentralized apps on Polygon hit 37,000, rocketing 400% this year.
The number of decentralized applications (DApps) on Ethereum-scaling-platform Polygon has topped 37,000, marking a 400% increase since the start of 2022.

The Polygon team shared the figures via a Wednesday blog
post, which was sourced from partnered Web3 development platform Alchemy, noting that the figure represents the cumulative number of applications ever launched on both the testnet and mainnet.

It also noted that the number of monthly active teams — a measure of developer
activity on a blockchain — reached 11,800 at the end of July, up a whopping 47.5% from March.
The project team also highlighted a breakdown of DApp projects which notably showed that “74% of teams integrated exclusively on Polygon, while 26% deployed on both Polygon and Ethereum.
The blog post stated that DApp usage on Polygon has seen more than “142 million unique user addresses and $5 billion in assets secured,” with around 1.6 billion transactions processed on the network to date.
#epns #push #techhelpinhindi #cryptowithrehan

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More from @cryptowithrehan

Aug 13
How do I use the IBC?
For most individual uses, such as swapping, staking, and providing liquidity with the tokens of IBC‐enabled chains, the Osmosis protocol’s decentralized exchange will be the most direct use of the IBC. It is also possible to complete IBC transfers manually
(as was done pre‐Osmosis‐launch) by using the Keplr wallet and selecting the channels to transfer assets between. The fees for conducting IBC transactions are set by each individual blockchain’s parameters, but are currently either very low or entirely free.
Developers who want
to build using IBC can find the full IBC implementations and developer documentation in the protocol’s website. The public GitHub repository for the development and documentation of IBC is also open for contributions here. Those building applications that interact with IBC can
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