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.
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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…