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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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How Coil Could Impact XRP Price After Recent Pump

XRP holders have been incredibly excited as of late due to the cryptocurrency’s overwhelming performance over the past week, leading the crypto markets as it rose from $0.25 all the way up to nearly $0.80 before stabilizing at its current price of $0.45. XRP investors may now have another use-case to be excited about: Coil. Coil To Accept XRP Payments The reasons behind this meteoric rise have been somewhat unclear, but things like the upcoming Swell conference, hosted by Ripple, and the potential release of Ripple’s XRP based settlement system, xRapid, have been floated as reasons behind the price rise. In addition to being used for Ripple’s xRapid product, investors may be excited to hear that the upcoming launch of a new company, called Coil, may provide even more use-cases for the cryptocurrency. Coil is a recently founded company headed by a former Ripple executive, that allows the internet’s largest companies to effectively accept XRP as a form of payment, expanding its use from simply a settlement vehicle to an effective currency. Coil was launched earlier this year by Ripple’s former Chief Technology Officer, Stefan Thomas, with the goal of using micro-payments to fix the issues that currently exist with online advertisement placement. Coil currently has trial partnerships with sites like YouTube, Wikipedia, and Twitch. Thomas spoke about Coil’s mission, saying: “For decades, people have discussed the potential of micropayments to support content creators that would move us away from the broken ad-supported web… Others have created subscription services that bundle content. But micropayments and subscriptions have always been built as closed systems, which fail to capture the huge variety of content on the web.” Coil is a direct competitor with the Brave web browser, which utilizes BAT tokens in order to facilitate micro-payments for internet content. Coil is also similar in concept to ChangeTip, an internet tipping app that was popular on social media before it burned through its funding and closed its operations. Coil Could Affect XRP’s Price Because XRP’s recent price spike can be largely attributed to speculation regarding the xRapid being released during the Swell conference occurring in the coming weeks, it is clear that investors are looking to see just how practical XRP is as a cryptocurrency, with many detractors claiming that there simply aren’t enough use-cases that make it a better alternative to Bitcoin or other competing altcoins. That being said, investors may take note of the use of XRP for Coil’s upcoming launch, which could positively affect XRP’s price. Currently, one of the most popular and widespread methods for tipping influencers and content creators on Twitter and Reddit is through the XRP Tip Bot, which has facilitated over 55,000 XRP tips totaling at 72,684 XRP sent in total. Coil would take the concept of micro-payments using XRP to the next level, and, if successful, could prove that XRP is efficient for transferring both large and small quantities of value. Featured image from Shutterstock The post How Coil Could Impact XRP Price After Recent Pump appeared first on NewsBTC.

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