CryptoMiso – Rank Cryptocurrencies Based on Github Activity
While you can only see so much in terms of Github commits, investors may want to look at this ranking website to find out if projects are being taken care of.
There are a number of ways in which we can rank cryptocurrencies today. The most popular so far is to rank them according to their market volume. Here at Bitpinas, we use Coinmarketcap’s listing when we mention statements such as “the 7th best-performing cryptocurrency”, etc.
One website, however, uses Github activity to rank them.
CryptoMiso – Cryptocurrency Github Ranking
CryptoMiso is a website that ranks cryptocurrencies based on the number of Github commits they have. Github commits are changes, additions, or revisions made to the code of the cryptocurrency project. The number of commits and recency are good signals if the projects are still active or not.
The Top 10 Cryptocurrencies based on Github Commits
Let’s round up the 10 cryptocurrencies with the most recent major Github commits as of January 30, 2019. (CryptoMiso does not track minor commits to the code, only changes to the Core repository). Let’s also post their Coinmarketcap rankings at the time we wrote this article.
Best Cryptocurrencies By Github Activity (January 30, 2018) | |||
Ranking | Cryptocurrency | Coin | Coinmarketcap Ranking |
1. | Cardano | ADA | 5 |
2. | Lisk | LSK | 20 |
3. | Waves | WAVES | 37 |
4. | 0x | ZRX | 36 |
5. | Eos | EOS | 8 |
6. | GlobalToken | GLT | 815 |
7. | Bitcoin | BTC | 1 |
8. | United Bitcoin | UBTC | 1,206 |
9. | Augur | REP | 40 |
10. | Raiden Network Token | RDN | 102 |
How about the current top 10 in Coinmarkecap?
In this section, we look at how the best-performing cryptocurrencies stack up against each other in terms of Github commits.
Coinmarketcap’s Top 10 and their Ranking on CryptoMiso | |||
Coinmarketcap Ranking | Cryptocurrency | Coin | CryptoMiso Ranking |
1. | Bitcoin | BTC | 7 |
2. | Ethereum | ETH | 42 |
3. | Ripple | XRP | 106 |
4. | Bitcoin Cash | BCH | 95 |
5. | Cardano | ADA | 1 |
6. | NEO | NEO | 162 |
7. | Stellar | XLM | 72 |
8. | Litecoin | LTC | 27 |
9. | EOS | EOS | 5 |
10. | NEM | XEM | 239 |
Why is this important?
While you can only see so much in terms of Github commits, investors may want to look at the website to find out if projects are being taken care of. Naturally, there should be a lot of activity on projects that have not yet launch. However, activity on older projects – like in Bitcoin (No. 7 in Github Commits, No. 1 in Coinmarketcap), should help you decide on where to put your investments.
We stress that looking at the number of Github commits is not the only way to judge a cryptocurrency’s value.
Special thanks to bitcoin.com for bringing this website to everyone’s attention.