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Being the most actively traded or most valued cryptocurrency does not mean it will also be the most actively developed. Bitcoin, the most traded cryptocurrency in the world, is a distant 52ND cryptocurrency more actively developed in the last 12 months, according to coincodecap.com, which maintains a log.
Cardano, which is not even among the top 10 most appreciated currencies, is by far the most developed. In the last 12 months, it has received approximately 46,000 commits in its code repositories. Augur, ranked 48th In the list of the most valued currencies, it was the second most actively developed currency in the last 12 months with around 22,000 commits.
The ox, the ethereum and the lisk are the next most developed cryptocurrencies, in the same order.
What is a commit?
Commits are like a record of all changes / updates made to a project. In the words of the CoinCodeCap developer:
"A commit, or" revision ", is an individual modification to a file (or series of files) .It's like saving a file, except with Git, every time you save it, it creates a unique ID (that is," SHA " or "hash") that allows you to track what changes have been made when and by whom Commits usually contain a commit message that is a brief description of what changes have been made. "
| Engage the rank | First name | No. of commits | Ranking (in terms of market capitalization) |
| 1 | Cardano (ADA) | 45,758 | 11 |
| 2 | Augur (REP) | 21644 | 48 |
| 3 | 0x (ZRX) | 18,095 | 32 |
| 4 | Ethereum (ETH) | 15,617 | 2 |
| 5 | Lisk (LSK) | 14,754 | 35 |
| 6 | Status (SNT) | 13,534 | 63 |
| 7 | TRON (TRX) | 12,283 | 10 |
| 8 | Komodo (KMD) | 12,173 | 52 |
| 9 | Skycoin (SKY) | 12,068 | 215 |
| 10 | Waves (WAVES) | 11,732 | 21 |
The first 10 cryptocurrencies most developed in the last 12 months. Data source: CoinCodeCap, CoinMarketCap
Flashback 2018: 10 cryptocurrencies that lost more in 2018
Why are commits important?
Commits reflect how much work is being done on a project. Just as the price of ordinary shares is generally calculated on the current performance of the company, the value of a currency should ideally be based on behind-the-scenes work.
Generally, the technological project represented by a coin or currency is not discussed every time the cryptocurrencies are discussed. But when someone buys a currency or a cryptocurrency, he or she is actually investing in the project that the currency or currency represents. Commits show how much the developers are investing their work on the project.
Technology Development -> Value Creation -> Mass Adoption -> Money
"Above is normal growth path for any industry, but in terms of crypts this is flowing backwards and this is problematic," said Gaurav Agrawal of CoinMonk in his Medium article.
However, in the long run, the general order of growth can be identified. Ethereum and Bitcoin, both excellent technological products, have seen the value of their respective currencies increase dramatically since their inception. This is even if we measure them on their current out-of-pocket price. The same is true of many other currencies.
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