Cardano’s Milestone in July, Hence the Top Ranking
The past month was a busy month in the Cardano ecosystem. One major milestone attained by the blockchain project was the Shelley hard fork, which brought about the full decentralization of the Cardano network.
The daily activities of blockchain developers on Github between July and August 2020 and other possible measures were used as factors to rank several blockchain projects, where Cardano came notably on top, followed by Kusama and Ethereum.
TOP Blockchains by Average Daily Developers Activity on Github between July and August 2020
This welcoming attainment was reported by an independent crypto news updater, identified on Twitter as CryptoDiffer.
According to CryptoDiffer, the data used in the ranking was provided by Santiment, a comprehensive market intelligence platform for cryptocurrencies. Each blockchain project was sorted by the average daily developers’ activity from the month of July to August.
After proper consideration, Cardano was ranked as the blockchain with the highest development activity on Github, beating the competition from top blockchains such as Ethereum.
Cardano Ranked As the Best Technology in the Industry by Weiss Crypto Ratings
According to Weiss Crypto Ratings, the provider of independent ratings of cryptocurrencies, the journey to Shelley has made Cardano blockchain the project with the best technology in the industry.
Weiss Ratings stressed the model of rating Cardano as follows:
Shelley is already reflected in our technology model, because we had full confidence that it would come out with this (fork). We’re also reflecting on that same model that Cardano is capable of running smart contracts and dApps because we think these things will come out eventually. So, when Cardano pushes a code update, it doesn’t really reflect on our ratings, unless it’s something new on the roadmap that wasn’t there before.
So the way Shelley would lead to an upgrade in our model would be increased usage through Shelley. Basically, if usage metrics for Cardano improve in a significant way post-Shelley, you will see that reflected in our ratings, but it’s not going to be overnight. As the fundamentals for the blockchain, i.e. Cardano, improves over time, it will be reflected in our ratings.
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