The Top Blockchain Projects Ranked by June Github Activity

Voyager
Voyager

DPRating, an independent research firm that strives to become the “Moody’s in the digital currency sector,” recently released its June Github rankings, where it analyzed 218 projects’ activity on the popular open-source software development platform.

To conduct its review, DPRating used four different ranking criteria:

  • Popularity of the Library is defined as the mean number of Watch, Star and fork.
  • Number of Contributors: The number of contributors that have committed code in the last month.
  • Release Frequency: The team took the version release frequency of Bitcoin and Ethereum, 14.31 days for a new release, as a reference value and divided the number of average days spent for a new release by that number to get a release frequency score.
  • Type of Commit: Categorical ranking ranging from “Continuously, steadily developing new features” to bug fixing and undefined commits.

Based on the above ranking system, the top five projects include EOS (EOS), Loom Network (LOOM), Cardano (ADA), TRON (TRX) and Lisk (LSK).

EOS outpaced the rest of the market with 635 commits in June, with a ‘Very High’ popularity rating, in addition to a high number of contributors and release frequency. It is notable that when comparing the development activity and market cap, Loom Network, Particl (PART) and Status (SNT) show large, positive differentials.

Based on its review, DPRating provides the following warning:

Alert: In this month’s audit, we have found that BYTECOIN, ICON, WAX haven’t had any code uploaded in nearly a month. Investors should be aware of the risk.

Bitcoin (BTC) and Ethereum (ETH), the top two projects by market cap, were ranked eighth and seventh, respectively.

DPRating

You can view the full rankings that include 200+ projects here.

More: [DPRating] Github Audit for 200 Blockchain projects — June 2018 | Who is still coding in the Bear Market?

Disclaimer: This article’s author has cryptocurrency holdings that can be tracked here. This article is for informational purposes only and should not be taken as investment advice. Always conduct your own due diligence before making investments.

 
Leave a Reply

Your email address will not be published. Required fields are marked *

Related Posts