The post Cardano (ADA) Is Back As Number 1 Crypto In This Metric appeared on BitcoinEthereumNews.com.

Data shows Cardano (ADA) has reclaimed the number 1 spot in the cryptocurrency sector in terms of development activity. Cardano Has Surged To Number One On Development Activity List In a new post on X, the on-chain analytics firm Santiment has shared an update on the list of top cryptocurrencies based on the “development activity.” The development activity here refers to the total amount of work that the developers of a given project have put in over the past 30 days. The metric makes this measurement through the data of the public GitHub repository of the project. In these repositories, any kind of change a developer makes is counted as a “commit.” Santiment’s development activity, however, doesn’t use the number of these commits for measuring the work done, as it can provide a skewed representation of the actual work. This is due to the fact that many projects are forks of other projects, meaning that up until the point of forking, they have a copy of the previous project’s work. The commits from the previous project naturally carry over, as well, but these commits wouldn’t be relevant to the work done by the new team. To provide a more accurate picture of the team’s work, the development activity indicator makes its measurement in terms of “events.” Anything done on the project, like the push of a commit or the creation of an issue, generates an event. Forking a project also doesn’t lead to an inheritance of its events and the act of forking as a whole generates just a single event. Thus, the problem involved with counting commits doesn’t exist in this case. Now, here is a table that shows the data for the top ten cryptocurrencies in the sector based on their respective development activities: Looks like ADA is…

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Filed under: News - @ December 27, 2023 2:28 pm