Let’s Look at the Top Crypto Assets with Developer Activity and Are Blockchain Ghost Towns

2019-1-2 19:31

As many of our readers may already know, CoinCodeCap is a service that keeps an active track of the development activities of hundreds of cryptocurrencies in real-time.

In this regard, it may come as a bit of a surprise that premier altcoin ‘Bitcoin’ is currently the 52nd most active cryptocurrency in terms of development (despite it being number one in terms of daily trade volume). Not only that, Bitcoin also possesses the largest market cap in the industry today as well as offers a high degree of liquidity when compared to many of its fiat counterparts (across the globe).

According to the above mentioned website, the top 10 most actively developed crypto-coins currently include: Cardano (ADA), Augur (REP), 0x (ZRX), Ethereum (ETH), Lisk (LSK), Status (SNT), TRON (TRX), Komodo (KMD), Skycoin (SKY), Waves (WAVES).

More On The Matter

Data available on CoinCodeCap seems to suggest that Cardano currently has “more than twice the number of commits” than second placed Augur (with the number currently touted to be over 45,000). In addition to this, it should also be remembered that every commit does not necessarily indicate a change/alteration “of substance” to a project— since external metrics presented on Github cannot be taken to be true indicators of how much work a particular project has seen over a set period of time.

While Cardano(ADA) currently is on top of the dev rankings, the token is placed on the #11 spot in terms of total market capitalization.

Market Performance Does Not Equate To Strong Development Efforts

As things stand, it appears as though Tron (TRX) is currently 6 places below Cardano on the development activity list— even though it is a top-10 altcoin by total market capitalization. To be even more specific, TRX currently possesses a 24-hour trading volume of more than $65 million as well as a market cap that is 25% higher than Cardano’s.

With that being said, it is worth pointing out that development teams for projects such as Monero and ZCash have their work spread “across multiple repositories”. As a result of this, their true dev quotient cannot be tracked effectively by CoinCodeCap.

Final Take

In rounding out this article, it can be useful for our readers to check out the top ten cryptocurrencies by market capitalization along with their CoinCodeCap rankings:

Bitcoin (52) Ethereum (4) Ripple (113) Bitcoin Cash (143) EOS (15) Stellar (54) Litecoin (195) Tether (not ranked) Bitcoin SV (not ranked) Tron (7) Cardano (1)

It is worth noting that Tether has not been tracked since it is not an actively developed cryptocurrency (while Bitcoin SV currently has just two commits to its name).

Similar to Notcoin - Blum - Airdrops In 2024

origin »

Theresa May Coin (MAY) íà Currencies.ru

$ 0.0003238 (-0.36%)
Îáúåì 24H $0
Èçìåíåèÿ 24h: 1.48 %, 7d: -31.15 %
Cåãîäíÿ L: $0.0003238 - H: $0.0003238
Êàïèòàëèçàöèÿ $32.384k Rank 2065
Öåíà â ÷àñ íîâîñòè $ 7.8E-5 (315.13%)

may active development regard come bit real-time

Èñòî÷íèê: bitcoinexchangeguide.com

may active → Ðåçóëüòàòîâ: 38


Ôîòî:

Bitmain Reportedly Will Sack More Than Half of Workforce

The Chinese crypto mining company Bitmain has apparently been hit hard by the bear market and is looking to sack more than half of their entire workforce. Credible rumors of this story first began to circulate on Maimai, China’s equivalent to LinkedIn, as anonymous sources on a site frequently used by Bitmain employees began reporting that the company was looking at massive layoffs in the next several days.

2018-12-29 21:20


Ôîòî:

Bitmain Reportedly Will Sack Up to 85 Percent of Workforce

The Chinese crypto mining company Bitmain has apparently been hit hard by the bear market and is looking to sack more than half of their entire workforce. Credible rumors of this story first began to circulate on Maimai, China’s equivalent to LinkedIn, as anonymous sources on a site frequently used by Bitmain employees began reporting that the company was looking at massive layoffs in the next several days.

2018-12-27 21:20


Ôîòî:

NASAA Investigating 200 ICOs for Fraud in “Operation Cryptosweep”

According to an August 28, 2018, report by NASAA, the North American Securities Administrators Association (NASAA) has taken its anti-fraud drive to the next level within the ICO space. Operation Cryptosweep and the ICO Market Since beginning a crackdown on fraudulent ICO’s with “Operation Cryptosweep” in May 2018, the body has engaged in 200 active ICO fraud investigations, up from...The post %%POSTLINK%% appeared first on %%BLOGLINK%%.

2018-8-30 13:00


Ôîòî:

Proposed Regulations Could Cause Major Shifts in Canadian Crypto Businesses

Canada’s government has released draft regulations for “virtual currencies” with a consultation period of 90 days, saying that proposed regulatory changes could mean a loss of $60 million over 10 years for businesses that deal in cryptocurrencies but will improve Canada’s international reputation and make it easier for crypto businesses to deal overseas.

2018-6-13 20:24


Ïàðòíåðû Currencies.ru

Àíàëîã Notcoin - Blum - Èãðàé è çàðàáàòûâàé Ìîíåòû



Ðåêëàìà íà Currencies.ru

Ñàìîå ñâåæåå íà Currencies.ru

Worldcoin surges 14%: How Ecuador, Kenya helped WLD's rise

Worldcoin expands to Ecuador and prepares for Kenya's comeback. WLD surged 14.44% on the back of the positive news. Worldcoin [WLD] has faced a rough market environment of late. Its strategiThe post Worldcoin surges 14%: How Ecuador, Kenya helped WLD's rise appeared first on AMBCrypto.

AVAX plunges amidst suspicious whale transactions: What now?

AVAX plummeted by 10% due to massive shady whale transactions. Despite the sharp decline, the derivatives market showed a bullish inclination among traders. Avalanche [AVAX] has experienced The post AVAX plunges amidst suspicious whale transactions: What now? appeared first on AMBCrypto.

Arbitrum, Starknet vie for L2 domination despite falling prices

Starknet and Arbitrum led the pack in user fees, surpassed only by zkSync Era. The price of both tokens declined despite positive protocol performance. After the Dencun upgrade, the competitThe post Arbitrum, Starknet vie for L2 domination despite falling prices appeared first on AMBCrypto.

XRP shows bullish signs: Will the altcoin finally cross $0.50?

XRP hinted at a price increase amid decreasing blockchain transactions. Demand for the token by new investors remained low. XRP seems determined to strike out some of its losses, if signals The post XRP shows bullish signs: Will the altcoin finally cross $0.50? appeared first on AMBCrypto.

Ethereum to $4K? Spot ETF approvals have analysts thinking...

Market enthusiasm around ETH ETFs might not be as strong as most expected, according to analysts Other market observers believe ETH could cross $4K after ETF launch Doubts about market demanThe post Ethereum to $4K? Spot ETF approvals have analysts thinking... appeared first on AMBCrypto.

'Fight isn't over,' despite SEC closing Ethereum 2.0 probe - Exec

SEC concluded its 14-month Ethereum 2.0 probe without charging Consensys Consensys asserts that the fight continues, with two more SEC probes being contested The long-standing legal battle bThe post 'Fight isn't over,' despite SEC closing Ethereum 2.0 probe - Exec appeared first on AMBCrypto.