According to a recently compiled report, it was discovered that the Ethereum network has the highest number of developers working on its base protocol, compared to all cryptocurrencies. It is important to note that this report didn’t record the number of community project developers. The report was published by Electric Capital, a popular crypto asset management firm Electric Capital.
Electric Capital Put in Serious Work
According to the report, more than 20 thousand code repositories and 16 million commits were fingerprinted to obtain data. This fingerprinted data made it known that there are about 216 developers contributing to the Ethereum repositories on a monthly basis. The company also stressed that the record “is undercounting the number of Ethereum developers since we do not include ecosystem projects like Truffle.”
The company records also detailed information regarding the number of developers contributing to the number one cryptocurrency—bitcoin (BTC). The record shows that an average of over 50 developers contributed to the network’s repositories per month. The report specifies that this data does not include ecosystem projects.
While taking restrictive data set (contributions to core protocol) into considerations, it was revealed that: “Ethereum is by far the most active at 99 monthly developers on average.” The Ethereum network was seconded by Bitcoin, which on the other hand, has an average of 47 core protocol developers every month.
Other major top ranking platforms like Eos (EOS), Tron (TRX) and Cardano (ADA) boast of an average of 25 protocol developers contributing monthly.
Some projects without developers contributing to them in a while, such as Dogecoin (DOGE) and were also detailed in the report. According to the report, (DOGE) hasn’t had developers for months. Projects which also had a reduction in the number of active developers such as Litecoin (LTC) which developer base fell from 40 developers per month to just three over the last year were also detailed.