{"id":99461,"date":"2019-03-17T22:50:08","date_gmt":"2019-03-18T05:50:08","guid":{"rendered":"https:\/\/cryptoslate.com\/?p=99461"},"modified":"2026-04-16T11:20:26","modified_gmt":"2026-04-16T10:20:26","slug":"ethereum-leads-in-active-developers-bitcoins-developer-count-healthy-litecoin-and-dogecoin-being-abandoned","status":"publish","type":"post","link":"https:\/\/cryptoslate.com\/ethereum-leads-in-active-developers-bitcoins-developer-count-healthy-litecoin-and-dogecoin-being-abandoned\/","title":{"rendered":"Ethereum Leads in Active Developers, Bitcoin\u2019s Developer Count Healthy, Litecoin and Dogecoin \u201cBeing Abandoned\u201d"},"content":{"rendered":"<p><a href=\"http:\/\/cryptoslate.com\/coins\/ethereum\/\">Ethereum<\/a> is strongly leading in the total number of active developers working on both its core protocol and in total development; <a href=\"http:\/\/cryptoslate.com\/coins\/bitcoin\/\">Bitcoin<\/a> boasts a strong developer ecosystem 10 years after launch, while <a href=\"http:\/\/cryptoslate.com\/coins\/litecoin\/\">Litecoin<\/a> and <a href=\"http:\/\/cryptoslate.com\/coins\/dogecoin\/\">Dogecoin<\/a> are \u201cbeing abandoned,\u201d according to an analysis by one crypto venture capital firm.<\/p>\n<p>One often criticized method for comparing cryptocurrency projects is through GitHub commits\u2014the number of times new code is added to a repository. One venture capital firm analyzed over 3,000 different blockchain projects, in-depth, to identify other development metrics to better evaluate technical progress. And, the firm\u2019s analysis provided some interesting insights on Ethereum (ETH), Bitcoin (BTC), Litecoin (LTC), Dogecoin (DOGE), and on the developer ecosystem overall.<\/p>\n<h2>Background on Electric Capital and the Report<\/h2>\n<p><a href=\"https:\/\/www.electriccapital.com\/\">Electric Capital<\/a> is a crypto venture fund based out of Palo Alto, California, that performs programmatic due diligence. The fund claims to \u201ccompile code, do security audits, run nodes to programmatically inspect the blockchain,\u201d and use other methods to gain intelligence on projects.<\/p>\n<p>On Mar. 6th Electric Capital<a href=\"https:\/\/medium.com\/electric-capital\/dev-report-476df4ff1fd2\"> released a report<\/a> that examined the codebases of 3,000 different blockchain projects. According to the fund, its analysts indexed 21,000 code repositories, \u201cde-duplicated\u201d (factored-out) 16 million code commits to identify original code authors, and analyzed 130,000 developer profiles.<\/p>\n<h2>Ethereum Leads in Number of Developers<\/h2>\n<p>Based on the <a href=\"https:\/\/medium.com\/@ElectricCapital\/dev-report-476df4ff1fd2?fbclid=IwAR2mGoYFPUBbBkwr6v12azITktoFeXeQWy-e6AQD_xL8N0k8SIUbq-mATHY\">report<\/a>, Ethereum has the largest number of monthly active developers working on both its core protocol and for all projects under its umbrella when compared to all top 200 projects by market capitalization.<\/p>\n<p>Between Jan. 31st, 2018 to 2019, Ethereum had an average of 99 active developers per month for its core protocol and 216 for all repositories. This does not include ecosystem projects such as <a href=\"https:\/\/truffleframework.com\/\">Truffle<\/a>, meaning the figure is still underrepresented.<\/p>\n<p>Ethereum has also demonstrated strong and consistent developer growth over the bear market. Overall, Ethereum performed 8 times more commits than Bitcoin and 20 times more commits than <a href=\"http:\/\/cryptoslate.com\/coins\/xrp\/\">XRP<\/a>.<\/p>\n<h2>Bitcoin Development Ecosystem Healthy After 10 Years<\/h2>\n<p>Meanwhile, Bitcoin had more than 50 active monthly contributors participating in Bitcoin development, on average. This undercounts the number of Bitcoin developers because it does not include ecosystem projects like wallets.<\/p>\n<p>The report describes Bitcoin\u2019s development activity as \u201cvery healthy,\u201d especially considering that the cryptocurrency is over 10 years old.<\/p>\n<h2>Litecoin and Dogecoin \u201cBeing Abandoned\u201d<\/h2>\n<p>Other projects weren\u2019t as successful in maintaining active developer communities. Electric Capital described Litecoin and Dogecoin as \u201cbeing abandoned,\u201d with both experiencing precipitous drops in development activity.<\/p>\n<p>Litecoin fell from 40 monthly active developers to 3 developers within the year. Meanwhile, Dogecoin has had 0 active developers for consecutive months, an indicator that the open-source project is becoming obsolete.<\/p>\n<p>Other projects which had fewer than 5 active monthly developers include <a href=\"http:\/\/cryptoslate.com\/coins\/ethereum-classic\/\">Ethereum Classic<\/a>, <a href=\"http:\/\/cryptoslate.com\/coins\/nem\">NEM<\/a>, <a href=\"http:\/\/cryptoslate.com\/coins\/neo\/\">NEO<\/a>, <a href=\"http:\/\/cryptoslate.com\/coins\/bitcoin-gold\/\">Bitcoin Gold<\/a>, and <a href=\"http:\/\/cryptoslate.com\/coins\/bitcoin-diamond\">Bitcoin Diamond<\/a>. Note, a small number of developers does not necessarily mean that the amount of development performed by those developers is insubstantial.<\/p>\n<h2>Problem with GitHub Commits<\/h2>\n<p>Ranking projects by GitHub commits, like seen on <a href=\"https:\/\/www.cryptomiso.com\/\">CryptoMiso<\/a>, is easily gameable and has many other flaws that do not make it comparable from project to project, as many software developers have <a href=\"https:\/\/hackernoon.com\/measure-a-developers-impact-e2e18593ac79\">criticized<\/a>. However, by performing different calculations to control for overlapping, double-counted, or frequently reused code, Electric Capital is able to gain a clearer view of which projects are making genuine software development progress.<\/p>\n<p>The <a href=\"https:\/\/medium.com\/@ElectricCapital\/dev-report-476df4ff1fd2?fbclid=IwAR2mGoYFPUBbBkwr6v12azITktoFeXeQWy-e6AQD_xL8N0k8SIUbq-mATHY\">report<\/a> was also able to differentiate between \u201ccore\u201d protocol activity\u2014which counts development on a blockchain protocol itself\u2014and total activity, which includes website changes, documentation changes, wallet fixes, and other ecosystem-related development.<\/p>\n<h2>Number of Developers Growing Overall<\/h2>\n<p>According to the report, over the last two years, the number of developers working on public cryptocurrencies has more than doubled, going from 1,800 to 4,000 active monthly developers.<\/p>\n<p>Again, this is \u201cundercounting\u201d the number of developers in the overall crypto ecosystem, as \u201csome of the most active projects are private (e.g. <a href=\"https:\/\/cryptoslate.com\/coins\/bnb\/\">BNB<\/a>), un-launched (e.g. <a href=\"https:\/\/www.corda.net\/\">Corda<\/a>), or not a coin (e.g. <a href=\"https:\/\/lightning.network\/\">Lightning<\/a>).\u201d<\/p>\n<p>That said, the bear market did have a marginal impact on the number of active developers. While market capitalization fell approximately 80 percent from January 2018 to 2019, monthly active developers fell a modest 4 percent over that same time.<\/p>\n<p>The number of monthly active developers provides another useful data point for assessing which cryptocurrency projects are making meaningful technical progress. Overall, it seems that the cryptocurrency space has successfully weathered the bear market, and come the next sustained bull market the number of developers will once again grow.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Ethereum is strongly leading in the total number of active developers working on both its core protocol and in total development; Bitcoin boasts a strong developer ecosystem 10 years after launch, while Litecoin and Dogecoin are \u201cbeing abandoned,\u201d according to an analysis by one crypto venture capital firm. One often criticized method for comparing cryptocurrency [&hellip;]<\/p>\n","protected":false},"author":29,"featured_media":99463,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[35,37],"tags":[],"post_folder":[],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v21.9 (Yoast SEO v21.9.1) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Ethereum Leads in Active Developers, Bitcoin\u2019s Developer Count Healthy, Litecoin and Dogecoin \u201cBeing Abandoned\u201d<\/title>\n<meta name=\"description\" content=\"Ethereum is strongly leading in the total number of active developers working on both its core protocol and in total development; Bitcoin boasts a strong developer ecosystem 10 years after launch, while Litecoin and Dogecoin are \u201cbeing abandoned,\u201d according to an analysis by one crypto venture capital firm.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptoslate.com\/ethereum-leads-in-active-developers-bitcoins-developer-count-healthy-litecoin-and-dogecoin-being-abandoned\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Ethereum Leads in Active Developers, Bitcoin\u2019s Developer Count Healthy, Litecoin and Dogecoin \u201cBeing Abandoned\u201d\" \/>\n<meta property=\"og:description\" content=\"Ethereum is strongly leading in the total number of active developers working on both its core protocol and in total development; Bitcoin boasts a strong developer ecosystem 10 years after launch, while Litecoin and Dogecoin are \u201cbeing abandoned,\u201d according to an analysis by one crypto venture capital firm.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/cryptoslate.com\/ethereum-leads-in-active-developers-bitcoins-developer-count-healthy-litecoin-and-dogecoin-being-abandoned\/\" \/>\n<meta property=\"og:site_name\" content=\"CryptoSlate\" \/>\n<meta property=\"article:published_time\" content=\"2019-03-18T05:50:08+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2026-04-16T10:20:26+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2019\/03\/development-in-review-social.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"630\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Mitchell Moos\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"Ethereum Leads in Active Developers, Bitcoin\u2019s Developer Count Healthy, Litecoin and Dogecoin \u201cBeing Abandoned\u201d\" \/>\n<meta name=\"twitter:creator\" content=\"@cryptoslate\" \/>\n<meta name=\"twitter:site\" content=\"@cryptoslate\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Mitchell Moos\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/cryptoslate.com\/ethereum-leads-in-active-developers-bitcoins-developer-count-healthy-litecoin-and-dogecoin-being-abandoned\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/cryptoslate.com\/ethereum-leads-in-active-developers-bitcoins-developer-count-healthy-litecoin-and-dogecoin-being-abandoned\/\"},\"author\":{\"@type\":\"Person\",\"@id\":\"https:\/\/cryptoslate.com\/author\/mitchell-moos\/#person\",\"name\":\"Mitchell Moos\",\"url\":\"https:\/\/cryptoslate.com\/author\/mitchell-moos\/\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/cryptoslate.com\/author\/mitchell-moos\/\"},\"image\":{\"@type\":\"ImageObject\",\"@id\":\"https:\/\/cryptoslate.com\/author\/mitchell-moos\/#authorimage\",\"url\":\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2018\/11\/author-mitchell-moos.jpg\",\"contentUrl\":\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2018\/11\/author-mitchell-moos.jpg\",\"caption\":\"Mitchell Moos\"},\"jobTitle\":\"Contributing Analyst\",\"description\":\"Mitchell is a software enthusiast and entrepreneur. 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His first startup built algorithms for optimizing cryptocurrency mining. Prior to CryptoSlate, Mitchell was a project manager at a firm that built distributed software on Hyperledger. 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