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Ariana Grande’s “7 Rings” is a massive hit, but as it turns out, she’s not seeing most of the profits.
How to describe Edda Goering? She “was a sort of Shirley Temple of Nazi Germany,” writes the Telegraph , while the New York Times calls her “practically a princess of the Third Reich.” Both provide a sense of the media attention the daughter of Hitler henchman Hermann Goering received upon her…
A report published by Electric Capital has estimated that the number of developers working on public cryptocurrencies has doubled since January 2018. The research found that Ethereum has the largest development team of all established crypto assets, with 216 developers contributing to its codebase each month on average.
Report Studies Active Monthly Development Across 3,000 Crypto Assets
The report’s authors indexed more than 21,000 code repos, analyzed 16 million commits, and examined 130,000 developers across approximately 3,000 crypto assets to identify the scale of development regularly taking place among prominent cryptocurrencies.
Electric Capital highlights that the study ignores “commits from integrating open source libraries,” “projects built on Ethereum,” and “code and developer activity from merging changes from the original, forked codebase” with regards to forked cryptocurrencies.”
The report also notes that its findings comprise an under-representation of total development occurring within the sector, as “some of the biggest repos are private, not yet shipped, or not a coin.”
Monthly Development on Crypto Projects Doubles in Two Years
The analysis found that the number of developers contributing to public cryptocurrencies has doubled in approximately two years, with the number of monthly developers growing from 2,190 in Jan. 2017 to 4,352 today.
However, the report shows that the cryptocurrency bear trend has had a slight cooling effect on active development, with monthly active developers falling by 4 percent since the markets’ peak during Jan. 2018. The analysis estimates that more than 4,000 developers currently contribute to approximately 2,800 public on a monthly basis.
Bitcoin Forks Among Projects Witnessing Greatest Decline in Developer Activity
The report finds that forks of the Bitcoin protocol have seen among the greatest recession in active development.
During the last 12 months, monthly Litecoin development fell from 40 to three developers, while Bitcoin Diamond and Bitcoin Gold have both had less than five active developers each month since Oct. 2018.
Dogecoin has had no active developers working on its code for five of the last 10 months.
Ethereum Comprises Most Actively Developed Crypto Asset
When looking at the number of developers contributing to core protocol, Ethereum has the most active development with 99 active developers contributing to the protocol on a monthly basis. BTC ranks second with 47 core protocol developers per month, followed by Cardano and Status.
When analyzing contributions to total code, Ethereum again leads with 216 active developers per month. BTC has the fourth most active development when looking at the total code, with 51 active developers each month, following Cardano and Status.
Are your surprised by the recession in development that has taken place since Jan. 2018? Share your thoughts in the comments section below!
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A growing list of Democratic presidential contenders want the US government to legalize marijuana, reflecting a nationwide shift as more Americans look favorably on cannabis, the AP reports. Making marijuana legal at the federal level is the “smart thing to do,” says California Sen. Kamala Harris, a former prosecutor whose…
Several Indian crypto exchanges have shared data with news.Bitcoin.com on the most traded cryptocurrencies on their platforms so far this year. Crypto enthusiasts in India have been buying and selling a wide range of cryptocurrencies despite the central bank’s roadblock which stops crypto exchanges from accessing banking services.
The most-traded cryptocurrency year-to-date on Indian exchanges Wazirx, Coindcx, and Instashift is BTC. On Bitbns exchange, it is the third most-traded cryptocurrency this year. Wazirx facilitated $ 6.5 million worth of BTC trades between Jan. 1 and March 7. Coindcx swapped 792 BTC for its users in the same time period, while Instashift’s BTC trades accounted for 77.76% of its total buy volume and 67.58% of its total sell volume.
The price of BTC has risen 4.28% year-to-date from $ 3,742 at the beginning of the year to $ 3,902 at the time of this writing. Its market cap currently stands at approximately $ 68.59 billion, which is roughly 51.65% of the total market cap of over 2,000 cryptocurrencies listed on Coinmarketcap.
ETH currently has the second-largest market cap of approximately $ 14.21 billion. The cryptocurrency is the second most-traded coin on Wazirx, with $ 2 million worth changing hands between Jan. 1 and March 7. It is the fourth most-traded coin on Instashift but did not make the top five coins by trading volume so far this year on Coindcx or Bitbns, according to data supplied to news.Bitcoin.com by the exchanges.
The price of ETH only climbed 0.86% from $ 134.49 since the beginning of January to $ 135.64 at the time of writing.
XRP, the native coin of Ripple, is one of the top five cryptocurrencies with largest trading volumes on Wazirx, Coindcx, Instashift, and Bitbns so far this year. It is the third most-traded on Wazirx, with approximately $ 2 million worth of XRP changing hands since the beginning of the year. It is the fourth most-traded coin on Coindcx, with 456 BTC worth traded during the same time period. XRP is also the most-traded coin on Bitbns and the second most-traded one on Instashift, accounting for 9.31% of the latter’s total buy volume and 9.74% of its total sell volume.
The price of XRP has fallen 12.78% from $ 0.354949 on Jan. 1 to $ 0.309570 at the time of this writing. The coin’s market cap is currently around $ 12.83 billion, which ranks it third highest of all cryptocoins.
Tron (TRX) ranks among the top five most-traded coins year-to-date on Wazirx, Coindcx, and Bitbns. Since the beginning of the year, around $ 1.7 million of TRX has changed hands on Wazirx and 423 BTC worth of the coin traded on Coindcx. In addition, another crypto exchange, Koinex, revealed on March 5 that TRX was the most popular digital asset of the week for its recently launched service, Express, which is an instant converter for over 200 crypto trading pairs.
The price of TRX has surged 17.71% since the start of the year, from $ 0.019096 to $ 0.022477. Its market cap is currently $ 1.50 billion.
Last month, China’s Center for Information and Industry Development (CCID), under the country’s Ministry of Industry and Information Technology, began evaluating Tron’s blockchain and ranked it second among the 35 crypto projects it reviewed.
Newcomer Bittorrent token (BTT) is already among the top five coins traded on Wazirx and Coindcx. The former traded approximately $ 800,000 worth of the coin so far this year and the latter the equivalent of 559 BTC.
BTT began trading on Wazirx last month and quickly became a favorite among traders, the exchange revealed. A factor contributing to its popularity is likely the coin’s monthly airdrop for TRX holders on the 11th of every month, which Wazirx supports. Koinex also announced on Feb. 1 its support for the BTT airdrops.
The BTT token is expected to be integrated into the Bittorrent platform as a way to incentivize faster downloads. Although the integration has not taken place, BTT’s price has climbed 43.02% from its $ 0.000516 price on Jan. 31 to $ 0.000738 at the time of this writing.
Coindcx also noted that its third most-traded coin this year is THETA and the sixth most-traded is BNB. On Bitbns, ADA, EOS, and NEO also top the list of most traded coins during the same time period.
Currently, the Indian crypto community is waiting for the government to announce its first set of crypto regulations and hoping for the banking ban by the central bank, the Reserve Bank of India (RBI), to be lifted. The supreme court, on Feb. 25, gave the government four weeks to come up with a regulatory framework for cryptocurrencies before it sets a date to hear the petitions against the RBI ban.
Which cryptocurrencies do you like? Let us know in the comments section below.
Disclaimer: This article is for informational purposes only and should not to be considered as trading or investment advice, as an offer or solicitation of an offer to buy or sell, or as a recommendation, endorsement, or sponsorship of any products, services, or companies. Neither Bitcoin.com nor the author is responsible for any losses or gains, as the ultimate decision to conduct a trade is made by the trader.
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The post Most Popular Cryptocurrencies in India According to Exchanges appeared first on Bitcoin News.
A blackout swept across Venezuela on Thursday, leaving many states without power.
CNN.com – RSS Channel – Regions – Americas
Venezuela has been plagued by confusion and violence over the past few weeks, and now a new problem is exacerbating things: power outages across most of the country. The AP reports that blackouts have hit 22 of the country’s 23 states, slamming the capital of Caracas at rush hour on…
Jerry Merryman, one of the inventors of the hand-held electronic calculator who’s described as “the most brilliant man that I’ve ever met,” has died. He was 86. Merryman died Feb. 27 at a Dallas hospital from complications of heart and kidney failure, said his stepdaughter, Kim Ikovic. She said he’d…
Sen. Bernie Sanders on Saturday returned to Brooklyn, his birthplace, for the first rally of his second presidential campaign and sought to tie his working-class background to his populist views that are helping reshape the Democratic Party, the AP reports. He predicted he would win the nomination in a field…