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The development activities of Eos, Tron and Bitcoin Cash are declining

June 14, 2020

A report published by the blockchain investment company and IA Outlier Ventures has a Decrease in developer activity On average, almost 20% in 12 leading blockchain and crypto projects.

The company stated this in the blockchain development report from Outlier Ventures for the second quarter of 2020 Development halved for the main markets of Bitcoin Cash (BCH), Eos (EOS) and Tron (TRX).

Despite the retreat from construction, the company notes that There are some signs of strong development activity on various crypto projectsTheta (THETA) and Cardano (ADA) report a 931% and 580% increase in core code updates, respectively.

Large crypto projects show declines in development

The development activities of Eos, Tron and Bitcoin Cash are decliningThe development activities of Eos, Tron and Bitcoin Cash are declining

Eos saw the fastest decline in developmentWith the launch of the project’s main network in June, ongoing construction work fell 86%.

Bitcoin Cash saw the second largest decline in activitywith a 63% decline in development. Outlier Ventures attributes much of the decline to the Bitcoin SV (BSV) fork, which took place in November 2018.

Tron also showed a strong setback in developmentwith an activity decrease of 53%.

Monthly active development of Tron, Eos and Bitcoin Cash: Outlier Ventures

Monthly active development in Tron, Eos and Bitcoin Cash: Outlier Ventures

Cardano, Bitcoin (BTC), Ethereum (ETH) and Corda showed a nearly 20% decrease in activity, while Ripple (XRP), Hyperledger and Stellar (XLM) experienced a year-on-year decline in their development.

Polkadot and Cosmos (ATOM) were the only projects in which the overall development increasedby 15% and 44%, respectively.

The code update has increased for most cryptos

The report also measured the number of weekly confirmations and code updates. for the top 30 open source protocols by market capitalization as well as Corda and Hyperledger.

The weekly code updates for Eos, Tron and MakerDAO (MKR) were huge Update is decreasing 94%, 96% and 98% respectively, with VeChain (VET), Stellar, BSV, Neo (NEO), (CRO), Cosmos, IOTA (MIOTA) and Polkadot also experiencing general declines.

However, Over 50% of the projects reviewed saw a significant increase in code updates, including Ethereum Classic (ETC), Chainlink (LINK) and Bitcoin.

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