According to a report by crypto asset management firm Electric Capital, Majority of the developers are working on Ethereum, It has the most developers working on its base protocol of all cryptocurrencies, not counting community project developers. The report was published in a Medium post on March 7.
As per the post, It revealed that on average 216 developers contribute code to ETH repositories every month, as the company fingerprinted over 20,000 code repositories and 16 million commits to obtain data. The company also specifies that this data “is undercounting the number of Ethereum developers since we do not include ecosystem projects like Truffle.”
You can also visit our Group to know more about it in details and for Free Crypto signal and Free Crypto Trading Bot - https://t.me/cryptosignalalert
Bitcoin on the other hand is the largest among all the Cryptocurrencies by market capitalization, has a healthy developer base as well, averaging over 50 developers per month. The report specifies that this data does not include ecosystem projects. After Ethereum, the 2nd place goes to Bitcoin, it has an average of 47 core protocol developers every month
There are other Cryptocurrencies which are not very far, he data also reveals that big platforms such as Eos (EOS), Tron (TRX) and Cardano (ADA) all have over 25 monthly core protocol developers on average.
According to the company’s global data, over 4,000 developers per month contribute code to over 2,800 public coins. As the study notes, this data does not consider private, not yet launched or non-coin projects, such as the Lightning Network.
As it's recently reported, Vitalik Buterin, Ethereum co-founder has mentioned that he was trying to solve Bitcoin’s limited functionality with the creation of Ethereum.
Follow us on https://t.me/cryptosignalalert and be the part of leading Crypto Group.