According to data available on coincodecap.com, the 11th largest Cryptocurrency by market cap, Cardano (ADA), that was founded by Charles Hoskinson is the most developed cryptocurrency in the year 2018.
Many within the crypto community might think that the performance of coins, could be tied to their developments, hence a lot of piques against Litecoin founder Charlie Lee and ethereum creator, Vitalik Buterin. Both founders have come out clean to show their plans and achievements in the course of last year for their respective projects.
This data is for coins commit from Jan 2018 to Dec 2018. Cardano(ADA) that is presently trading at about $0.0427 and with a market capitalization of about $1.107 billion recorded over 45,000 commits in its code updates in the past 12 months which makes cardano the most actively developed cryptocurrency in the last 12 months.
Augur has been the second most actively developed currency in the last 12 months with over 21,000 commits. Also, Argur(REP) and Ox(ZRX) that are presently on the 48th and 31st position in terms of coin market cap respectively took the second and third positions with 21,644 and 18,095 commits sequentially.
According to CoinCodeCap developer, commits is a word used for all the changes and updates that had been made in a given project at a particular period. CoinCodeCap developer stated that:
“A commit, or “revision”, is an individual change to a file (or set of files). It’s like when you save a file, except with Git, every time you save it creates a unique ID (aka the “SHA” or “hash”) that allows you to keep a record of what changes were made when and by who. Commits usually contain a commit message which is a brief description of what changes were made.”
The ranking below shows the position and commits for the first five most developed coins in 2018.
Tech Development —> Value creation — > Mass adoption —> Money
According to Gaurav Agrawal of CoinMonks, the right path for a coin development should be the path above. Gaurav said that in a Medium post that: “Above is normal growth path for any industry but in terms of crypto this is flowing backward and this is problematic.” Bitcoin the first crypto in terms of market capitalization is in the 52nd position in terms of commits. Ethereum is in the 4th position with 15,617 commits.