Latin American devs favor Ethereum and Polygon over new chains: Report

Latin America’s developer community is increasingly focused on building within established blockchain ecosystems like Ethereum and Polygon rather than launching new base-layer protocols, according to a report by consultancy firm Sherlock Communications.

The study, which included qualitative inputs from 85 developers in Bolivia, Mexico, Brazil and Peru, showed that the region’s builders care about transparency, coordination and compliance. The devs favor intuitive tools, strong documentation and proven track records, making networks like Ethereum and Polygon a good fit.

Luiz Eduardo Abreu Hadad, blockchain consultant and researcher at Sherlock Communications, told Cointelegraph that Latin American devs stand out because they show “strong technical maturity” and focus on real-world issues. 

“Latin America has a growing, increasingly skilled developer community,” Hadad told Cointelegraph. However, while the devs are capable of creating new platforms, he said that the “current reality” is that the region will be a hub for development and adoption within already established ecosystems.