• blockchain&beyond
  • articles
  • 4 hours

Why Every Blockchain Will Die Except These 3 (Developer Data Reveals All)

A data-driven analysis of developer activity, architecture, and ecosystem growth to identify which 3 blockchains have true long-term survival potential.

0

For years, many in crypto have been claiming that most cryptocurrencies will eventually die out, and only a handful will remain, and given how many coins and tokens there are today (over 37 million unique crypto assets), it is more apparent than ever that this many different assets cannot coexist. So, those who are in it for the long run need to do some research and try to narrow it down to a handful of projects that are more likely to survive.

The same is true about blockchains. While creating them became a novelty for a time, and many have decided to give it a shot by making their own, eventually, the industry will settle and only keep a handful of networks, which will serve as the infrastructure for Web3 and the crypto industry.

But, how can you tell which ones will stick around? One theory is to follow the developer data, as it can cut through the hype better than any price chart. Across the crypto industry, over 18,000 developers are contributing to open-source blockchain projects every month. However, the spread is far from being even.

Ethereum maintains over 5,000 active developers, while Solana has only 1,000, while most other chains can barely manage a few dozen, at best. This is important because crypto dev activity determines whether a chain will continue to evolve, scale, and maintain security. Market cap is important for crypto, but for blockchains, the underlying support is what matters, and what attracts real applications. Tokens can pump on speculations, but ecosystems only survive if blockchain engineers keep working on the code.

When the momentum fades and upgrades stop coming, that’s when the tools start breaking, and eventually, the network becomes insecure, and before long, obsolete.

Why Most Blockchains Will Die (Developers’ Reality)

Source: Pixabay
Source: Pixabay

Let’s start with answering a single question: Why will most blockchains die?

Any incidents, rug pulls, and scams aside, most blockchains die due to simple, measurable reasons - five of them, to be exact.

The main one is simply the absence of developers. As mentioned previously, with only a few or no developers maintaining the chain, upgrades and fixes stop coming, which causes security issues to start emerging. Over time, they stack up, and the chain fails to continue operating due to bugs and security issues. Several mid-tier networks that once had over 100 monthly developers ended up with less than 10 active contributors, and that is just not enough to support a system.

Beyond the lack of devs, blockchains may also die out due to architectural issues. Older monolithic chains struggle under load; they cannot scale new applications, and they use outdated execution models. With blockchains, growing and evolving is necessary to stay alive, and with no redesigns to their core layers, they are bound to stay stuck with bottlenecks that their competitors have overcome long ago.

The third reason why chais die has to do with ecosystem stagnation. Simply put, if blockchains fail to attract new apps, tools, dashboards, and the like, they will be abandoned fairly quickly, and turn into ghost chains. Developer dashboards list countless networks that have seen zero growth in the last year.

Next, the crypto and blockchain industries are evolving constantly, and right now, that means building ties to one another. In other words, interoperability has become the main big goal on the road to developing Web3. Networks that stay isolated and cannot communicate with others will be among the first to die out and fall of the broader ecosystem activity.

Finally, the last issue that leads to blockchain death is centralization. For many in the crypto industry, this is already a major red flag, but it is worth noting that even if the blockchain is not considered strictly centralised, having a small core team of fewer than 20 active devs can make it very fragile. If even a few leave for any reason, the entire chain can collapse.

This is why Bitcoin, Ethereum, and Solana are considered to be chains with the strongest resilience, as each maintains a stable contributor base. If a handful leaves, the chain won’t feel it, despite what happens to prices during market cycles. This is why the “Ethereum killer” era failed to produce a chain that could actually rival Ethereum. Many saw billion-dollar valuations, but only a few monthly developers for each challenger.

Metrics That Predict Blockchain Survival

Knowing how to tell that a blockchain is weak and likely won’t survive is not that difficult, once you know what to look for. On the other hand, how can you tell that a chain is strong enough to have a chance in the unforgiving market?

Here too, it’s all about spotting the right metrics and assessing their strength. For example, check out the project’s GitHub commits. If its code is being regularly worked on by a large number of developers, you can expect to find high-frequency commits, which signal regular maintenance, security fixes, and new development. In other words, it means that the chain is evolving, which suggests interest and real potential.

Next, consider the number of monthly active developers as another powerful indicator, as healthy ecosystems tend to attract a rotating mix of devs, tooling specialists, and even independent contributors who want to help the network evolve. When this number continuous to decline for several consecutive quarters, the chain is typically entering long-term contraction.

Next, there are ecosystem contributors, meaning people building wallets, block explorers, smart contract frameworks, and more. This matters just as much as core devs, as it suggests that there is interest in the ecosystem, that people are working on tooling and SDK, and that the chain could expect to see real-world use.

Another survival metric to keep an eye on is rollup growth, coupled with data availability adoption. For modular chains, rollup growth matters as the more rollups settle on a blockchain, and the more applications depend on its DA layer, the more network effects on the base layer of the chain.

Lastly, consider the security model evolution of a chain, as modern chains need to see constant progress in security development. Whether that’s staking, modular proofs, or new ways to verify cross-chain state, protocols that continue to advance have a larger chance to survive than those that freeze their security and eventually fall behind potential bad actors.

Modular vs Monolithic: Which Architecture Survives Long-Term?

Source: Pexels
Source: Pexels

Next, let’s talk about modular vs monolithic blockchains and how they differ. Starting with monolithic chains, they try to handle execution, data availability, and consensus in one place, which is an approach that is practical and functional at first, but it doesn’t work at well at scale. Solana has suffered multiple outages in the past because of this, which revealed how a single bottleneck can result in the crash of the entire network.

Ethereum suffered from similar limitations before its rollup era, resulting in high fees and long confirmation times, which is what led to the rise of the Ethereum Killer era in the first place.

On the other hand, there is a modular design, which takes a different approach by separating execution from data availability and settlements. This can be seen on chains like Celestia, which provide DA layers optimised purely for data throughput. Meanwhile, Ethereum focuses on secure settlement and verification, where rollups handle execution independently. As a result, the workload can scale horizontally, rather than vertically.

Through this separation, a chain can achieve two major benefits - improved performance thanks to specialised layers, and simpler interoperability, as rollups can use different VMs, get upgrades faster, and share proofs across ecosystems without needing bridges.

As a result, the modular movement is accelerating due to clear benefits, while the monolithic approach, while simpler and more practical at first, quickly loses its perks and becomes more trouble than worth as the chain begins to grow.

Interoperability: The Decisive Factor

As mentioned previously, one of the crypto and blockchain industries’ main goals right now is to create Web3 and enable the evolution of the internet itself. For that, interoperability is crucial, and only those chains that can interact with the rest of the ecosystem can even hope to stay relevant in the long term.

Simply put, blockchains need to be a part of the network, rather than exist in their own isolated pocket. This means that their applications, liquidity, and users themselves will be able to quickly and easily migrate between networks. Old-style bridges are not enough to solve this, as they rely on multisigs, external validators, and weak trust assumptions.

Furthermore, systems that have repeatedly been exploited are clear proof that building a bridge is no longer a good enough plan to achieve interoperability. What chains truly need instead is a verifiable cross-chain state, with cryptographic guarantees that one chain can prove its state to another without requiring signatures from third parties.

Several new systems, such as Lagrange’s ZK state proofs, point in this direction, allowing a chain to produce public compact and trustless proofs that other chains can verify. This also allows apps to read balances, state transitions, and contract outputs from other ecosystems.

Finally, it is worth noting that true interoperability also enables composability. When rollups, appchains, and base layers can reference each other’s state, this enables liquidity to freely move, and developers can build multi-chain apps. This, in turn, allows ecosystems to grow together, increasing their likelihood of surviving in the long term.

3 Blockchains Most Likely to Survive

Source: Pixabay
Source: Pixabay

So, with everything said and done, which blockchains that are live today have a real chance to still be around in 10, or even 20 years from now? While many have recognised the right approach and could survive long-term, this guide will select three that hold the highest potential based on developer activity, architecture, and ecosystem growth - Bitcoin, Ethereum, and Solana.

Bitcoin

Bitcoin is the first blockchain and cryptocurrency that managed to ensure constant growth over the past 16 years. It has its flaws, such as being slow to adapt to the new smart contract paradigm, and it has limited modularity. However, it has maintained a steady contributor base for over a decade and a half, with a resilient core of protocol devs and security auditors.

In terms of architecture, it features a monolithic design, which is simple but also battle-tested, making security and stability a priority, even though that meant sacrificing flexibility and speed. In other words, it may not be the fastest, but to this day, everyone recognises it as the safest network in the industry.

The lack of flexibility also made it less programmable than other, younger chains, but Bitcoin’s developers have introduced workarounds such as the Lightning Network, wrapped tokens, and Layer-2 innovations that made it more modern and addressed some of its core issues.

Ethereum

Then, there is Ethereum, which already secured its place in history by unveiling that blockchain technology can be more than a simple digital ledger. Ethereum invented smart contracts and programmability, enabling every single crypto/blockchain product that the industry uses today, from DEXes to DeFi, NFTs, dApps, wrapped tokens, and much more.

Its chain leads with over 5,000 active developers at all times, and is supported by a rich collection of tools, SDKs, and ongoing L2 rollup deployments. Its greatest weakness lies with the complexity of modular rollups and high transition costs, which can introduce scaling challenges and user friction in the short term.

But, Ethereum continues to lead the industry toward a modular future, where rollups would handle execution, while the base layer focuses more on security and settlement. Its greatest strengths lie with a strong developer network, a shift to modular architecture, and adoption of rollups, which together stand to secure its long-term survival and relevance.

Solana

Finally, there is Solana - initially developed as one of many “Ethereum Killers,” but has since shifted into becoming something bigger. While still considered Ethereum’s rival, Solana maintains around 1,000 active devs, with high engagement in tooling, SDKs, and dApp development.

Despite being much faster and cheaper than Ethereum, Solana is not perfect. As mentioned, it suffered historical outages, which pointed out the risks of using the monolithic design. Its ecosystem’s reliance on centralised validators could also be considered a vulnerability and a potential point of failure.

But, Solana holds strong potential thanks to high throughput and parallelized execution, which support fast transfers and low fees. On top of that, its ecosystem is thriving, with DeFi, NFTs, gaming ecosystems, and more, all supported by strong tooling. This makes it one of the go-to chains for developers who are in it for the long term.

Which blockchain ecosystem has the largest developer base?

Ethereum leads the race with over 5,000 active developers. That includes contributors who work on its network and code monthly, which makes it the most developer-rich chain in the industry.

Which blockchain ranks as the top network overall?

While the answer depends on the exact metrics being considered, the short answer is that Bitcoin remains the most resilient and secure blockchain. It has a long history of over 16 years as of the time of writing, with an excellent track record and a strong, consistent developer community that supports its long-term stability.

Trends: What Developer Data Predicts for the Next 10 Years

Source: Pixabay
Source: Pixabay

To see the future of blockchain, one must only look at the developer activity and similar data, which can provide insights into what is in store next for blockchain ecosystems. Most notable, chains with declining commits and activity - typically including blockchains with 6-12 months of inactivity - are likely to fade away from the scene, while active ecosystems will continue to grow and expand.

Historical data also shows that the majority of blockchains tend to fail within the first few years since launch, as this is when the hype passes and the developer momentum dries up if the project fails to capture interest.

Beyond that, it is clear that modular architectures are on the rise, as separating execution, settlement, and data availability allows rollups and DA networks to scale independently. This, in turn, improves composability and throughput.

Meanwhile, L2 solutions are becoming dominant, especially on Ethereum. They can offload executions from the base layer while allowing it to maintain high levels of security at the same time, meaning that L2s can coexist with the base layer, which is beneficial for the network.

Celestia and other data availability networks are also maturing, and are able to provide trustless and reliable storage, and even a testing ground for new apps. Finally, enterprise adoption is also growing and becoming a major trend. Companies will likely prioritise modular and interoperable chains that can show clear audits, offer transparent payments, and support digital asset projects.

All in all, the next decade will favor modular ecosystems that boast active development and have strong L2 adoption, while isolated chains are likely to start dying out shortly.

Investment Implications

Knowing what is coming can also have significant investment implications. Developer activity, for example, is one of the leading indicators of blockchain’s performance. As a result, projects that see an increase in commit rates and growing bases of regular contributors will likely attract more users, apps, and eventually liquidity. These factors, in turn, drive the value of the chain’s tokens - certainly more in the long run than hype-driven projects with little to no ongoing development.

With that in mind, investors should consider focusing on blockchain metrics, such as active monthly developers, contributions on GitHub, SDK and tooling growth, as well as rollup adoption, more than the market cap.

Early indicators that the chain could be a winner in the future include a consistent increase in contribution, modular architecture, and real interoperability with other chains, rather than just hype and brittle bridges.

Simply put, ignoring developer metrics when investing - especially when it comes to long-term investments - is risky. True, price movements are sharp, coins and tokens are volatile, and many investors tend to follow charts, rather than dev metrics, but charts and coin behavior are misleading.

Developer activity shows if the chain (and its coins and tokens) are truly supported, as dev support means evolution, advancements, and real-world application. If the chain survives, coin prices will eventually catch up, while prices mean nothing if the cryptocurrency’s underlying technology is slowly dying.

Conclusion

If you choose to follow the developer data - whether as an investment guide or simply to predict which chains will survive in the long term and which ones are less likely to stick around - then the answer is clear - most blockchains won’t last. Without consistent developer activity, modular architecture, and a growing ecosystem, chains tend to hit stagnation and are eventually left behind as their security falters and their networks deteriorate.

That means that the chains that aim to survive must attract developers and secure modern architecture. If they can do that, they are more likely to maintain an active stream of contributors, support tool development, and adopt modular and scalable designs. Most importantly, they must achieve interoperability with other networks and abandon the isolation of the early blockchain market.

Based on these indicators, only a handful of blockchains hold long-term potential, led by Bitcoin, Ethereum, and Solana. So, whether you are an investor or a part of a team looking to join a durable network, you should prioritise ecosystems with strong developer engagement and modern architecture, rather than following coin prices.

0

Comments

0