Rate Currencies by Number of Github Commits
I explain often ways to choose what to invest into by some triggers. Today i want to share another one - number of Github commits.
To newbs, what is github ?
So based on this there is a site doing ratings - https://cryptomiso.com/
By commits they are:
- KMD
- ADA
- LSK
- ZRX
- WAVES
- EOS
- BTC
Does it mean its good? It may mean many things are being fixed or many dont work. Withotu context you dont know if this is a good rating or bad one.
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Even if we assume every commit is equally useful, these stats are misleading because Cryptomiso only counts one Github project per currency. Openhub, which counts all of an account's projects, lists 15,823 commits for Bitcoin instead of 1,773 and 12,688 commits for Monero instead of 1,141 (but more years of effort for Monero).
I think the activity in an open source project is a very useful metric, but unfortunately it's non-trivial to measure "activity" - it is indeed needed with manual work here, for many reasons ...
Some developers may spend ten commits doing what other developers do in one commit - and there may be different reasons for that.
GitHub is a commercial company, their services are great, but they do not have some kind of monopoly when it comes to hosting open source products. There is gitlab and bitbucket, for instance ... and people may forego such services at all, hosting the necessary infrastructure themselves.
The assumption "one currency one open source project" may be wrong.
Without knowing the context, you can not realize is it good or bad.
Absolutely! However, you can at least see at a glance which coins are scam coins
BCC as BitConnect or BCC as Bitcoin Cash?
Bitcoin Cash has at least three clients, all of them open source. BitcoinABC does not have it's official repo on GitHub, but I wouldn't hold that against them (and there is a mirror of it at GitHub).
At one point I decided to go have a look at the source code of the 5 top crypto currency projects according to CoinMarketCap. At that point, BitConnect was among those 5. I did find a code repo at GitHub, but it did not take me long time to conclude ... "stay away from BitConnect" based only on what I saw on GitHub. :-)
I am happy to see that BCC doesn't automatically mean Bitconnect but unfortunately I am referring to the Scam
ConCoin.I would have never expected these results. Nice work :) Maybe ADA isn't a giant scam :P
Well, if you want to scam and you know someone is looking at this stats, you would purposefully bloat the number of commits.
I never had a positive feeling about EOS till we had EOS Hangout yesterday with @ejemai. He talked about it and made me understand more about it. He went further to tell us how to buy it with SBD cos that's one of the problems newbies like us encounter cos Steemit just introduced us to the Cryptocurrency world. Though buying it with SBD is a long process since no exchange site accepts SBD but I must do that..
You may love to read the full details of the yesterday EOS Hangout here https://steemit.com/eos/@udembahenry/steemit-uyo-eos-hangout-with-ejemai
Yeah Bittrex accepts SBD so its where I go to sell SBD to buy other currencies.
I think the number of commits should be only one parameter when analyzing the development of a coin!
a nice list of coins
Sure but does that mean that the commits are meaningful? I already made 3 commits for the same thing because I was being entirely dumb. Shit happens.
You should also have a look at the number of devs that do commits every month. If there is only one Dev , doing 10 commits every day , this is also really bad , because if that 1 person does stop working at the project , it will stop improving.
Github is a very helpful for us