• Contact
  • Privacy Policy
  • Advertise With Us
  • Login
  • Register
Your Trading Edge Magazine
Advertisement
  • Home
  • Feature
    • Market Commentary
    • Expert Advice
    • Columns
  • Trading
    • Shares and Trading
    • Technical Analysis
    • Trading Mindset
  • Crypto News
  • Finance
  • Subscribe
No Result
View All Result
  • Home
  • Feature
    • Market Commentary
    • Expert Advice
    • Columns
  • Trading
    • Shares and Trading
    • Technical Analysis
    • Trading Mindset
  • Crypto News
  • Finance
  • Subscribe
No Result
View All Result
Your Trading Edge Magazine
No Result
View All Result

Cardano With Most Commits per Month in the Past Year: Report

September 12, 2021
in Crypto News
Reading Time: 3 mins read
A A
0
Cardano With Most Commits per Month in the Past Year: Report
0
SHARES
4
VIEWS
ShareShareShareShareShare

It goes without saying that the past 12 months have been an absolutely wild ride in the cryptocurrency industry in terms of price. This also makes it easy to forget that there’s a lot of work being done on the most popular networks to fuel this massive growth.

We take a closer look at Outlier Ventures’ Blockchain Development Trends report, examining the period between July 2020 and June 2021.

Cardano Lead by Commits Per Month (CPM)

First things first, the report outlines that Cardano ranks the highest when it comes to the average commits per month on its blockchain. The total is 702 CPM, which represents a growth of 24% to the previous 12-month period.

The second network following Cardano is, somewhat expectedly, Ethereum with an average of 447 CPM – a growth of 10.5%. After that, there’s IOTA, with 394 CPM, Filecoin, with 368 CPM, and Flow – the NFT-centric blockchain with 305 CPM.

It’s also worth noting that the report found out the average of all commits across the examined protocols is 107 CPM, meaning that Cardano and Ethereum are 555% and 317% more active compared to the general average.

For reference, here are the other blockchains from the top 10:

Blockchains With Increasing Commits

The document reveals that Avalanche is the clear winner when it comes to the overall increase in the commits on its blockchain. It went from 1,553 commits per year (CPY) in the previous period to 12,575 CPY in this period. This is a massive growth of 709.72%.

Somewhat not surprisingly, the price of its native token, AVAX is up tremendously over the past 12 months, reaching upwards of $50 just a few weeks ago.

Second in line is Ocean Protocol, with a 354% increase, followed by Terra with 186%. After that is Cosmos with 115% and IOTA with 98%.

Blockchains With Decreasing Commits

And while there are some networks that enjoy an increasing developer’s activity, there are these that suffer from the opposite.

Aion saw a decrease of about 95%, followed by Energi with 94%. Nuls is in third place with 80%, and Ethereum Classic (ETC), which was also hacked on a few occasions during this period, saw 65% of its activity gone.

What About Developers?

In terms of active developers, Ethereum is in the lead with an average of 168 active developers per month, followed by Cardano with 165, Hyperledger with 157, and Filecoin with 112.

Again, Avalanche saw a massive growth of 299% in the monthly active developers on average.

To compare with the previous period, here’s how the table looks like:

img2

SPECIAL OFFER (Sponsored)

Binance Futures 50 USDT FREE Voucher: Use this link to register & get 10% off fees and 50 USDT when trading 500 USDT (limited offer).

PrimeXBT Special Offer: Use this link to register & enter POTATO50 code to get 50% free bonus on any deposit up to 1 BTC.

Credit: Source link

ShareTweetSendPinShare
Previous Post

Cities With the Biggest Increase in Construction Jobs

Next Post

Unvaccinated and vaccinated people ‘are not in the same ballpark’ of risk, doctor explains

Related Posts

Ripple Co-Founder Donates $5M to Environmental Campaign Against Bitcoin Mining
Crypto News

Growing Complexity in Bitcoin Mining Landscape Amidst Centralization Risks: Coin Metrics

September 28, 2023
4
Veteran iGaming Team Launch Crypto Casino Portal
Crypto News

Veteran iGaming Team Launch Crypto Casino Portal

September 28, 2023
6
Bitcoin holds steady as DXY advance hurts stocks
Crypto News

Bitcoin holds steady as DXY advance hurts stocks

September 28, 2023
5
Cloud Mining Made Easy with TopHash Hashpower Marketplace
Crypto News

Cloud Mining Made Easy with TopHash Hashpower Marketplace

September 28, 2023
5
Could Pepe Coin See Another Bull Run? These Traders Are Backing Meme Kombat Instead After Presale Raises $100k
Crypto News

Could Pepe Coin See Another Bull Run? These Traders Are Backing Meme Kombat Instead After Presale Raises $100k

September 28, 2023
7
Next Post
Unvaccinated and vaccinated people ‘are not in the same ballpark’ of risk, doctor explains

Unvaccinated and vaccinated people 'are not in the same ballpark' of risk, doctor explains

Recommended

Bitcoin Price Analysis: Bulls Eyeing Return to 29514 – 24 September 2023

Bitcoin Price Analysis: Consolidation of 2023’s Gains Continues – 25 September 2023

September 23, 2023
5
Ripple Lawyers Oppose SEC’s Appeal

Ripple Lawyers Oppose SEC’s Appeal

September 2, 2023
5
ATOM Surges 13% in 1 week; Can QUBE & ATOM Be September’s Top Earners?

ATOM Surges 13% in 1 week; Can QUBE & ATOM Be September’s Top Earners?

September 24, 2023
6
Ethereum-based Milady NFT project exploited, $1M lost

Crypto exchange CoinEx reportedly hacked for nearly $28 million

September 13, 2023
5
House of Lords Agrees on Amendments to Bill to Seize Stolen Crypto

House of Lords Agrees on Amendments to Bill to Seize Stolen Crypto

September 20, 2023
6
Your Trading Edge Magazine

This is an online news portal that aims to share the latest news about trade, finance, crypto and much more. Feel free to get in touch with us!

What’s New Here!

  • Biden administration rumored to be working on executive order requiring disclosure of outsized power consumption
  • Growing Complexity in Bitcoin Mining Landscape Amidst Centralization Risks: Coin Metrics
  • NiceHash becomes latest crypto firm to leave U.K.

Subscribe Now

Loading
  • Contact
  • Privacy Policy
  • Advertise With Us

© 2021 - ytemagazine.com - All rights reserved!

No Result
View All Result
  • Home
  • Feature
    • Market Commentary
    • Expert Advice
    • Columns
  • Trading
    • Shares and Trading
    • Technical Analysis
    • Trading Mindset
  • Crypto News
  • Finance
  • Subscribe

© 2021 - ytemagazine.com - All rights reserved!

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?