As Cardano readies for the Alonzo hardfork, it has already beaten its competition with the most average commits per month (CPM) in the past year. Outlier Ventures’ report pointed out a 24% growth in Cardano’s commits compared to the previous 12-month period.
While it ranked number one on average commits, Cardano was also “555% more active compared to the general average across protocols.”
But, in terms of active developers, Cardano stands second to Ethereum with 165 active developers per month. It is noteworthy that Cardano is also closely competing with the Ethereum blockchain on its smart contracts feature.
The Alonzo hard fork is a much-anticipated upgrade that brings in a range of features to the Cardano blockchain. It will include the deployment of smart contracts, making way for decentralized applications (dapps), tokenization, and NFT support among other features.
According to Cardano founder, Charles Hoskinson, Alonzo will bring Cardano an edge in terms of adoption. He stated in an interview,
“It means that Cardano now supports programmability. That’s like when JavaScript came to the web browser. So, you go from static boring web pages, to Facebook and Google and YouTube.”
As far as the competition is concerned, Cardano is trying to harness its network capabilities to include more transactions per second. Currently, it stands at around 250 TPS while ETH is behind at 15 TPS.
The Input Output Global (IOG) CEO also spoke about his project’s governance when compared to the upcoming ETH 2.0. He said,
“One of the big things ETH 2 has bowed out on is governance. It’s not clear how do you evolve and update the system after the founders retire or lose prominence. And the bigger these systems get, the slower they evolve, look at Bitcoin…”
However, some critics have spoken against Cardano’s progress to handle a high number of transactions per second. Temporary disruption reported on Cardano’s decentralized exchange last week, had also attracted fingers in Hoskinson’s direction.
Despite the short-term FUD, names like Binance have put their weight behind the Cardano network upgrade.
Even the market confidence is returning as can be seen on ADA’s price chart. The coin was priced at $2.66 at press time after a crash to around $2 on September 7. Additionally, ADA had reflected high volatility of over 100% before its Hark Fork Combinator (HFC) event.
It is noteworthy that Github commits can be one of the many indicators to look at a project’s fitness and developer changes. But, over the years, some experts have pointed out the metric’s shortcomings as mature projects might not need many upgrades. Having said that, this is what Cardano’s commits look like in the past week on Github.
