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6 Blockchain Projects With The Fewest Developer Commits in 90 Days

As the cryptocurrency industry continues to evolve, it is evident things will continue to improve overall. The activity on GitHub of some projects can tell a lot about how things are progressing. In the case of the following currencies, they are ranked by low commit activity over the past 90 days. It is a worrisome trend, although there are many reasons why these numbers may be so low. Statistics are provided by OnchainFX.

#6 Numerai

Although there has never been much buzz regarding Numerai, it is an altcoin some people tend to keep a close eye on regardless. In terms of GitHub activity, it is not seeing too much excitement, with just one commit in the past 90 days. Rather unusual for a currency positioning itself as a data science competition platform. It will be interesting to see if things pick up as the year progresses further.

#5 Ark

There are numerous cryptocurrency enthusiasts who have high hopes for the Ark project. It was one of the hottest altcoins, albeit things have calmed down significantly With just one commit in 90 days, the currency is not undergoing too many changes as of right now. The quest to build interoperable blockchain products is far from over, though.

#4 Ardor

The self-professed blockchain-as-a-service platform is facing a lot of stiff competition from other similar projects. Even so, Ardor is solidifying its position in this market, as the project recently celebrated its second birthday. On the GitHub side, it seems the project has seen just one commit in the past three months, which is not all that promising.

#3 Storj

Anyone who has been involved in cryptocurrency and blockchain over the past few years will know what the Storj project is all about. The project mainly focuses on decentralized and private cloud storage to both consumers and corporations around the world. It has seen one commit in the past 90 days, which confirms the development of this ecosystem is still ongoing. Even so, one would expect a bit more activity from such a prominent project.

#2 Monacoin

The Monacoin project is primarily popular in Asia, by the look of things. That makes it a bit different from traditional cryptocurrencies, although it remains to be seen if Monacoin can achieve similar success in the rest of the world. With just two commits in 90 days, no drastic changes are being made to this currency, although there may not necessarily be a need for change either.

#1 Litecoin

No one will be really surprised to learn Litecoin has not seen a tremendous amount of commit activity over the past three months. Although three commits are still better than every other project on this list, Litecoin will simply not see any major developmental changes for the foreseeable future. That hasn’t hindered its potential price growth yet, nor will it impede future gains, by the look of things.

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Bitcoin Cash Price Gets Skewed due to Exchange Trickery

A lot of confusing action is taking place where the Bitcoin Cash price is concerned. Although its actual decline in value is quite obvious for everyone to see, the real price of BCH is not necessarily what people can see on Coinmarketcap. This is primarily because numerous exchanges treat BCHABC as Bitcoin Cash already despite nothing being decided in terms of which chain will be the longest. Bitcoin Cash Value Fluctuates Heavily Depending on where traders look at, the price of Bitcoin Cash will be either close to the $400 level or down to $250-ish. That is quite a large gap between prices, yet one that is also very easy to explain. Bitcoin Cash, as people knew it before the fork, no longer exists. Most professional exchanges have also retired this price ticker, for the time being. As the hash war rages on, there are still a lot of unknown factors waiting to be addressed. Despite this ongoing kerfuffle, there is a net 5.76% decrease in the Bitcoin Cash price, and a 5.4% decline over Bitcoin. More specifically, that is what CoinMarketCap reports at this time, although this is not necessarily the case whatsoever. In fact, some exchanges are clearly jumping the gun by labeling BCHABC as BCH and thus dragging the Bitcoin Cash price down a bit more. Exchanges currently engaging in this activity include Bittrex and Coinex, neither of which plays a big role of importance when it comes to trading. However, based on the current value of BCH on Bitfinex and Gate.io, it seems a similar incident is taking place. One also has to keep in mind Bitcoin Cash was getting battered ahead of the network split as well. Most exchanges have halted trading of BCH indefinitely, primarily because the currency no longer exists. It is evident either BCHABC or BCHSV will take over that name in the future, but nothing has been decided at this point. As such, any trading referring to just “Bitcoin Cash” or “BCH” should be avoided, as most users can never be sure which currency is effectively being traded under this name. All of this skews the picture pertaining to Bitcoin Cash altogether. Coinmarketcap reports there is still $392m in trading volume for BCH, even though that is virtually impossible right now. With so many exchanges freezing deposits and withdrawals, it is evident actual BCH trading is no longer possible whatsoever. Virtually all platforms have deposits of BCHSV and BCHABC frozen as well, which only makes this market trend more confusing. It is safe to say the entire network split has been a bit of a mess first and foremost. In the case of Bitcoin Cash itself, that name will – under the current circumstances- not be used across exchanges for much longer. Instead, the two separate camps need to be treated as such first and foremost. Until things settle down – with might not necessarily happen anytime soon – the Bitcoin Cash price itself is pretty much irrelevant for most traders and speculators. Disclaimer: This is not trading or investment advice. The above article is for entertainment and education purposes only. Please do your own research before purchasing or investing into any cryptocurrency. The post Bitcoin Cash Price Gets Skewed due to Exchange Trickery appeared first on NullTX.

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