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Top 5 Cryptocurrencies: Developer Activity Edition- November 2018

Cryptocurrencies

In these series of reports, we are going to examine 5 cryptocurrencies with the most impressive developer activity this month. For this month’s report, we are going to look into all the developer activity done between 28th October – 25th November. The idea of these reports is to show you the projects which are attracting a lot of developers into their ecosystem.

Top 5 Cryptocurrencies: Developer Activity Edition- November 2018

For this month, we are looking into these cryptocurrencies:

  • 0x Protocol
  • Zilliqa
  • Waves
  • Lisk
  • Monero

All the graphs that we will use will be taken from:

#1 0x Protocol

Top 5 Cryptocurrencies: Developer Activity Edition- November 2018

0x has had a pretty productive month with a monstrous 735 commits.

Top 5 Cryptocurrencies: Developer Activity Edition- November 2018

Introducing The 0x Launch Kit

The biggest dev update of the month is definitely the introduction of the 0x Launch Kit. According to the article,

“The Kit includes a simple, extensible 0x relayer codebase that can be forked or used as reference material as you create your own marketplace. If you’re new to working with Ethereum, developing on 0x from scratch can be challenging and time-consuming. The Launch Kit addresses these issues and simplifies 0x integration by dramatically reducing the effort needed to add decentralized token trading to your project.”

A very simple way of understanding the 0x Launch Kit is to draw a comparison to WordPress. While WordPress is a free open-source software that can be used to easily set up a blog, however, it is impractical for large publishers like The New York Times, which may need more functionalities than what WordPress provides.

Similarly, the 0x Launch Kit is perfect for dApp developers who want simple functionalities, however, for a more sophisticated dApp, they will need to build their own custom solutions.

Lake Trade Launch

Lake Trade is a zero-fee trading platform built on top of 0x. The features of the platform are as follows:

  • Zero-fees trades
  • Millions of dollar in volume
  • User-friendly interface
  • Metamask support with Ledger and Trezor support coming soon
  • Proper customer support

Exchange Volume Over the Last Month

As per coinmarketcap, the exchange volume of 0x over the last month was $378,401,200.

0x’s exchange volume, in the top 15 exchanges, over the last 24 hours was:

Top 5 Cryptocurrencies: Developer Activity Edition- November 2018

The top 3 exchanges with the most 24-hour volume (as of writing) are:

  • Coinbase Pro: $2,298,529 volume for ZRX/USD
  • BitMart: $2,069,971 volume for ZRX/ETH
  • Binance: $1,943,640 volume for ZRX/BTC

Social Volume

According to Solume, the social volume graph over the last 30 days for 0x looks as follows:

Top 5 Cryptocurrencies: Developer Activity Edition- November 2018

It looks like 0x Protocol is always pretty popular when it comes to social media discussions. They saw peak social media engagement on 1st November when they revealed the “first steps towards 0x community governance at Devcon 4. On 2nd November they also achieved a good amount of social volume thanks to the release of the Relayer Report #13.

#2 Zilliqa

Top 5 Cryptocurrencies: Developer Activity Edition- November 2018

The flag-bearers of sharding come second with 571 commits.

Top 5 Cryptocurrencies: Developer Activity Edition- November 2018

Race Towards Mainnet

Almost all of the development work going on in Ziliqa is towards their mainnet launch. The team confirmed on 9th November via Telegram that their mainnet launch is on schedule. According to their roadmap, the mainnet is scheduled for launch by the end of January 2019.

Top 5 Cryptocurrencies: Developer Activity Edition- November 2018

CEO Xinshu Dong said:

On the topic of mainnet launch: yes, we are on track and the team are committed to launching by Jan 31, 2019. We were originally planning on sharing more details during our AMA, but decided to answer the question of mainnet ahead of time given the concerns from this community.
It has taken us a while to give you a more concrete answer on the exact dates because we want to be fully transparent with you on where exactly our progress has been, and how we realistically expect to launch the mainnet. It’s going to be a large-scale distributed network, so it’s something really complicated with many moving parts. As scientists and engineers, we always aspire to implement as many new features as we can, and test and calibrate as thoroughly as possible. We have wanted to ensure that we were not making any major trade-offs instability and security in order to deliver on this timeline.

NOTE: The testnet will be open to external miners end of November 2018.

15th November AMA Session

Zilliqa held an AMA session on 15th November to address some of the more pressing concerns of the community. Questions were asked on the following topic:

  • The mainnet launch
  • How the token swap will work post-launch
  • How mining will work on Zilliqa
  • Differences between Ethereum 2.0 and ZIlliqa

Exchange Volume Over the Last Month

Zilliqa has had $250,728,344 worth of exchange volume over the last 30 days:

Top 5 Cryptocurrencies: Developer Activity Edition- November 2018

As of writing, the exchange volume, in the top 15 exchanges, over the last 24 hours was:

Top 5 Cryptocurrencies: Developer Activity Edition- November 2018

The 24-hour exchange volume in the top 3 exchanges are as follows:

  • Binance: $1,780,031 volume for ZIL/BTC
  • Upbit: $1,644,850 volume for ZIL/KRW
  • BitMart: $880,524 volume for ZIL/BTC

Social Volume

Zilliqa doesn’t have a social volume graph on Solume.

#3 Waves

Top 5 Cryptocurrencies: Developer Activity Edition- November 2018

Waves have had a pretty busy month as well with 307 commits.

Top 5 Cryptocurrencies: Developer Activity Edition- November 2018

Smart Assets Released on TestNet

Waves have started testing Smart Assets on their TestNet. Smart Assets will allow Waves users to apply scripts to their tokens. Whenever a transaction for the Smart Asset is created, it is validated by the script before being confirmed by the blockchain. As of right now, the community needs to audit the Smart Assets and make sure that they act as intended. Once that is done, they will be released on the Waves mainnet.

Smart Assets will be extremely useful for various blockchain use-cases like gaming. Smart Assets will help game developers create assets which can only be used by players with certain attributes. Eg. When you play RPG style games, there are certain weapons that you can wield only after you reach a certain level right? Smart assets will help developers to create those kinds of in-game assets.

Introducing Tokenomica

Tokenomica is a new cryptocurrency trading platform based on the Waves blockchain. It will be located in Malta and will support trading pairs with both digital assets and fiat currencies while being regulated under the Maltese Virtual Financial Assets Act.

Tokenomica will provide the following services:

  • Framework utility tokens on DEX to security token offerings
  • Compliant STO (Security Token Offering) platform
  • Decentralized KYC (Know Your Customer)

Waves Keeper – The Waves Chrome Extension

Waves Keeper is a browser extension which manages your keys and confirms transactions online without compromising the user’s privacy. This will make Waves much more user-friendly and increase its appeal with the general mainstream.

Since the private keys are stored securely within the extension, allowing the user to confirm transactions and engage with Waves-enabled web services and dApps without entering their private keys or passwords.

New Waves Client Update

Waves tweeted the following, “#Waves Client update is out! You can now enable advanced mode, allowing you to download JSON for any transaction and use it in the RIDE IDE. Best of all, you can share a link to a multi-sig tx! Read more here.”

Exchange Volume Over the Last Month

Waves has had $138,394,700 worth of exchange volume over the last 30 days:

Top 5 Cryptocurrencies: Developer Activity Edition- November 2018

As of writing, the exchange volume, in the top 15 exchanges, over the last 24 hours was:

Top 5 Cryptocurrencies: Developer Activity Edition- November 2018

The 24-hour exchange volume in the top 3 exchanges are as follows:

  • Tidex: $2,056,487 volume for WAVES/BTC
  • Binance: $292,622 volume for WAVES/BTC
  • Exmo: $215,634 volume for WAVES/BTC

Social Volume

The social volume graph of Waves looks something like this:

Top 5 Cryptocurrencies: Developer Activity Edition- November 2018

As you can see, the social volume graph had a peak on 19th November. That’s because the Waves Keeper announcement was made on that day.

# 4 Lisk

Top 5 Cryptocurrencies: Developer Activity Edition- November 2018

Narrowly coming behind Waves with 305 commits is Lisk.

Top 5 Cryptocurrencies: Developer Activity Edition- November 2018

Bi-Weekly Dev Update For November 15

Lisk releases a bi-weekly developer update which you can read here. Between November 1 and November 15, development work was done in the following categories:

  • Lisk Core
  • Lisk Elements and Commander
  • Lisk Hub
  • Lisk Mobile

The biggest news of the month is definitely the release of List Core 1.2.0 on the mainnet which happened on November 8th, 2018. This release brings a update to Node.js 8.12.0 requiring node operators to update their nodes.

The Lisk Improvement Proposal Process

Lisk announced the introduction of Lisk Improvement Proposals, also known as LIPs. LIPs are a form of proposal systems which allows transparent and open discussion on how we develop the Lisk network and all the objectives disclosed on the new roadmap.

As they state in the article, “The LIPs themselves are thoroughly researched technical documents which are designed to be robustly debated. LIPs follow in the tradition of blockchain improvement proposal systems pioneered by the Bitcoin Improvement Proposals in 2011.

The New Lisk Development Roadmap

Lisk unveiled a new development roadmap:

Top 5 Cryptocurrencies: Developer Activity Edition- November 2018

The Discontinuing of Lisk Nano

Lisk Nano was first announced in August 2016. It was the first official standalone wallet which managed LSK tokens.

However, the company announced that going forward from November 14 at 12:00 PM CET, Lisk will remove it from their website and officially stop maintaining the code. Lisk’s focus will be solely on Lisk Hub and Lisk Mobile.

On November 14, the following were announced via Lisk’s twitter:

Lisk Bug Bounty Program

On November 1, Lisk announced their bug bounty program.

According to the announcement:

From today, we will start offering rewards for bugs or security flaws identified on Lisk Core and reported to us according to the guidelines included in this blog post. Bug bounty tiers will be assessed and rated by our security team.

Exchange Volume Over the Last Month

As per coinmarketcap, the exchange volume of Lisk over the last month was $150,421,226.

Top 5 Cryptocurrencies: Developer Activity Edition- November 2018

As of writing, the exchange volume of Lisk, in the top 15 exchanges, over the last 24 hours was:

Top 5 Cryptocurrencies: Developer Activity Edition- November 2018

The top 3 exchanges with the most 24-hour volume (as of writing) are:

  • YoBit: Volume of $1,520,030 for LSK/BTC
  • Binance: Volume of $752,885 for LSK/BTC
  • HitBTC: Volume of $425,645 for LSK/BTC

Social Volume

According to solume, the social volume graph over the last 30 days for Lisk looks as follows:

Top 5 Cryptocurrencies: Developer Activity Edition- November 2018

As you can clearly see, there are two highest peaks in Social Volume are on 2nd November, 5th November, 8th November, 15th November, and 22nd November. The reasons are as follows:

  • 2nd November: The release of the bug bounty program and the development update
  • 5th November: Coingecko released the Beam feature which allows LSK token holders to easily keep up-to-date with Lisk.
  • 8th November: Lisk Core 1.2.0 was released and Ledger Nano S started Lisk Compatibility
  • 15th November: Release of development update and the release of Lisk Hub 1.6.0 and the iOS version of Lisk Mobile 0.5.1
  • 22nd November: The release of the new Lisk roadmap

Monero

Top 5 Cryptocurrencies: Developer Activity Edition- November 2018

Monero rounds off the top 5 with 264 commits.

Monero Bulletproofs: A Cryptographic Breakthrough

One of the important updates to come through Monero this last month was the implementation of Bulletproofs. Up till now, the problem with transactions in privacy currencies such as Monero and ZCash was the size of their transactions. Large transactions led to longer waiting times and bloated transaction fees.

Top 5 Cryptocurrencies: Developer Activity Edition- November 2018

Monero’s bulletproofs are reducing the size of the transactions and fees are getting reduced by as much as 95%. You can see the graph below for comparison:

Top 5 Cryptocurrencies: Developer Activity Edition- November 2018

Trezor adds Monero

Another huge news coming out this month is Trezor’s addition of Monero. Pavol Rusnak tweeted: “Big day today! Pull request adding @Trezor support to #Monero $XMR was just merged into master by @fluffypony!”

Trezor is one of the leading hardware wallet services in the world and this is surely going to increase Monero’s adoption.

Edge Enables Monero Bulletproofs Support

Edge released v1.4.3 which not only gave a big boost in the performance and fixes for Edge but also added support for Monero bulletproofs enabling faster and cheaper transactions. In fact, according to the screenshot below, transaction fees are going as low as $0.02 to fractions of a cent.

Top 5 Cryptocurrencies: Developer Activity Edition- November 2018

Exchange Volume Over the Last Month

As per coinmarketcap, the exchange volume of XMR(monero) over the last month was $519,660,739.

Top 5 Cryptocurrencies: Developer Activity Edition- November 2018

As of writing, the exchange volume, in the top 15 exchanges, over the last 24 hours was:

Top 5 Cryptocurrencies: Developer Activity Edition- November 2018

The top 3 exchanges with the most 24-hour volume (as of writing) are:

  • Bithumb: $77,497,029 volume for XMR/KRW
  • Binance: $4,085,865 volume for XMR/BTC
  • Poloniex: $2,327,236 volume for XMR/BTC

Social Volume

According to solume, the social volume graph over the last 30 days for Monerolooks as follows:

Top 5 Cryptocurrencies: Developer Activity Edition- November 2018

The social media graph hit two peaks on 14th November and 17th November.

Conclusion

So these are the five best cryptocurrency projects with the most GitHub commits over the last month ( 28th October – 25th November). We believe that these reports will give you a good insight into what the most active projects are upto.

Was this valuable for you? Eitherways, do give us your feedback…

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