#比特币 After reading this report on the Bitcoin developer ecosystem, I was somewhat shocked. With 41 people and 8.4 million dollars, they have supported a 17.5 trillion dollar Bitcoin empire. Compared to the 20,000 developers at Meta burning through money, the efficiency of this group from Bitcoin Core is simply outrageous.

But there are hidden dangers behind this number. The sources of funding are highly concentrated—Jack Dorsey alone influences OpenSats, Brink, Btrust, MIT DCI, and Spiral, and this level of reliance is indeed dangerous. Additionally, there are almost no developers from Asia, while 78% of the global population is isolated within the core circle of Bitcoin Core. This is not a technical issue; it is a structural issue.

The most heartbreaking issue is the imbalance between hiring and funding. Many developers say that the grant model feels like "looking for a new job every 1-2 years"; how can this retain talent? A small Polkadot project invested 16.8 million dollars in development in 2024, while Bitcoin has been relying on "powered by love" to sustain itself. When the bear market arrives, the promised donations immediately shrink by 58%, and this fragility is too dangerous for assets of trillion-dollar scale.

What needs to change the most? Institutions like exchanges that have sustainable profitability must step up and not just take advantage without contributing. Especially in Asia, where there are so many top developers yet they remain unheard in this ecosystem, this represents a huge growth gap. It's not that there is a lack of talent, but rather a lack of organization. The problem is here, waiting for someone to solve it.