New data provided by Coincodecap, Cardano (ADA) was the most developed virtual currency in 2018. The data has been gathered between January and December 2018. Contrary to what most of the crypto enthusiasts think, Ethereum (ETH) was not the most developed digital asset and network the last year.
Cardano (ADA) Continues its Developing Path
Although Cardano is not part of the top 10 most valued virtual currencies, this digital asset is the most actively developed. According to Coincodecap.com, Cardano received around 46,000 commits in its code repositories. At the same time, Augur (REP), which is a top 50 virtual currency, has been the second most actively developed coin. Augur had 22,000 commits in the last 12 months.
Ethereum, the second largest virtual currency in the market is ranked fourth in terms of developing activity. It registered 15,617 commits in 2018. There are only two top 10 currencies in this ranking, Tron (TRX) is the second one. Tron was the seventh most actively developed virtual currency in the last 12 months with 12,283 commits.
Surprisingly, the largest digital asset in the market, and perhaps the most popular, Bitcoin (BTC), was the 52nd most actively developed virtual currency in the last 12 months.
A Coincodecap developer commented about commits:
“A commit, or ‘revision,0 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. “
These commits show how much work has been performed by a project during a certain period of time. In general, when individuals and enthusiasts talk about a specific coin, the development behind them is not generally taken into account. Most conversations are focused on scalability, transactions per second, speed, fees or just price.
At the time of writing this article, Cardano is the 11th largest digital asset. It has a market capitalization of $1.12 billion and each ADA coin can be purchased for $0.043016.