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"Why Supporting Developer Growth Was Crucial to Ethereum's Success
In the early days of Ethereum, focusing on developer growth was one of the best strategic decisions made by the Ethereum Foundation. Hosting and sponsoring hackathons, alongside developer conferences like Devcon, laid the foundation for Ethereum’s success as the leading platform for decentralized applications (dApps). Here’s why this move paid off:
1. Building a Strong Developer Community
Hackathons united developers globally, fostering a collaborative and passionate community. This helped create a foundation for Ethereum as more than just a cryptocurrency — it became a platform for decentralized innovation.
2. Accelerating dApp Development
By providing spaces for experimentation, hackathons sped up the creation of decentralized applications (dApps). Early hands-on development demonstrated the power of Ethereum’s smart contracts and inspired further projects.
3. Attracting Talent and Expanding the Ecosystem
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