Cardano dominates the Blockchain development of Git Commits

Cardano was the most developed currency in 2018 by GitHub. Compared to Bitcoin, the largest cryptocurrency in the world by market capitalization, which ranked 52nd.

More development on Cardano than on Bitcoin

By the end of 2018, a series of interesting statistics on the cryptography industry began to emerge. While some are planned for year endings, others paint a more interesting picture of the digital coin world.

One of those reports came from CoinCodeCap, a website that records all the changes made to the code of cryptocurrencies around the world. The report showed that Cardano was the most developed cryptocurrency in 2018.

Second Money control, Cardano has received more than 46,000 commits in its code repositories during 2018, which means that its main code has been added and reviewed 46,000 times. The second most developed currency of the year, with about 22,000 commissions, was Augur, the 48th in the list of the most quoted cryptocurrencies. Trailing in the fourth and fifth are Ethereum and Lisk.

GitHub is one of the most used version control services with Git, which tracks changes in software and coordinate work between multiple developers.

What do commits mean for the future of a currency

The most recent data from CoinCodeCap have shown that being the most valuable or most frequently traded currency does not necessarily mean that it is the most developed.

The higher the commit number of a cryptocurrency, the more changes are made to the entire project. According to a CoinCodeCap developer, each commit has a unique ID that allows developers to keep a transparent record of all changes made.

These changes are important because they reflect the amount of work done behind the scenes, which could have a huge impact on the value of money, especially in the long run. The attention of Cardano for development has positioned it as a worthy competitor Ethereum in 2019.

Others see Cardano as a clear example of how cryptocurrencies should be developed. Gaurav Agrawal of CoinMonks said that technological development should always precede value creation and adoption in the development of a currency. The money, he pointed out, should ideally come last.

Agrawal also pointed out that many cryptocurrencies follow this backward path, which is creating a problematic environment that is full of volatility and speculation. Holding an ICO, the coins are able to raise funds from investors before providing tangible results. This can disincentivate projects from development as founders are rewarded immediately, rather than when they are successful, as in traditional venture capital finance.

Although Cardano was the most challenging project of 2018, it still lost about 95% of the market capitalization in 2018, which is a major loss compared to coins like bitcoin, ether and XRP. In addition, Git commits can be playable: a developer can repeatedly make insignificant changes to inflate the score. These statistics are meaningful only if the development teams use the judicious function.

All this in consideration, it seems that Cardano is probably one of the most developed cryptocurrencies. In the long run, development usually translates into better features, more users, and ultimately a higher price.