All Ravecoin(RVN) are fairly issued and mined publicly using POW X16R, X16Rv2 and KawPoW algorithms. These algos are specifically created for the RVN blockchain and prevent immediate dominance by ASIC mining equipment as well as mining pools. KawPow is the latest algo to get hard forked on the RVN blockchain. 

Ravencoin uses a block reward time of one minute for its POW mining and is open to development to the public while allowing simple additional features for users. That fairness is further mirrored in the fact that there is no private, public founder or developer allocation set aside-users have to “work” to be rewarded. Furthermore, the blockchain is made to enable other developers to leverage its suite of products to build their projects as well as transfer non-native assets between different networks.

Number of Contributors

As earlier mentioned, Ravencoin is an open-source blockchain meaning that virtually anyone can contribute to the network’s code development from anywhere as well as access the blockchain design publicly. Given that the network’s code base is forked on the Bitcoin blockchain, developers enjoy a secure, decentralized and tamper-resistant network. 

According to data from Github, “RavenProject ” is the only project under development. The project features 11 repositories with six of them being the most popular. However, Ravencoin-which is the Ravencoin Core integration/staging tree, 2 Raven wallet repos-for ios and android as well as the Ravenproject.github.io repo- for the Ravencoin.org project website are the most popular among the six. 

As of 10th June 2022, excluding merge commits and bot accounts, there were 41 contributors to the “Ravencoin” repo, 32 on Ravens Project.github.io,  16 for the android wallet and 8 for the ios wallet. The most used programming language for the Ravenproject is C at 69.2%. Java comes second at 27.1% followed by C++ at 1.9%.

Issues, Pull Requests, Forks and Commits

The Issue, pull request, fork and commit count on any blockchain project is crucial to determining that network’s health. Over the years Ravencoin’s developers have put up a considerable effort in keeping the network atop, a fact that can be seen in the level of engagement. 

Currently, Ravencoin which is the most-watched repo has had 339 issues closed with 133 remaining open. 16 pull requests remain open while 701 have been closed. This particular repo has had 609 forks since being launched. 

The Ravenproject.github.io has 5 open issues, 38 closed ones; 4 open pull requests, 192 closed ones; 454 commits and 93 forks. 

See more metrics on the other repos here.

Number of Releases

While some of those releases have been, as per Github, “very simple” some of the most vital ones have been KAWPOW in April 2020. Others include the Raven wallets for ios and android in 2019. 

Currently, the  Ravencoin community is working on a suite of projects while running testnets on some. These include Atomic swaps, The Electrum Ravencoin wallet which is meant to be an alternative to Ravecoin’s native wallets and the RVNFT  which is a full NFT tokenization platform for the network among others. That said, Ravencoin remains to be a work in progress with the capabilities of the network being rolled out in phases which are done through planned hard forks. 

You can track Ravencoin’s project development here.

Ravencoin Website: https://ravencoin.org/

Ravencoin Github: https://github.com/RavenProject

PN: “This data is not final and may be updated from time to time” 

The post Ravencoin-Protocol Built on the Bitcoin UTXO Model appeared first on CoinTest.com.

There are only 21,000,000 Bitcoins that will ever exist.

Number of Contributors

Contributors to the Bitcoin Core project are welcome to contribute in the form of peer review, testing and patches. 

A system of meritocracy is embraced on the network’s open-source model allowing contributors to earn trust from the developer community. This eliminates the idea of “privileged” contributors giving a chance to everyone to work their way up the hierarchy.

More than 750 contributors are listed on Bitcoins source code repository on Github including Marco Falke and W. J. van der Laan who are some of the most prolific Core Developers considering the number of individual changes to the project.

Accordingly, the number of contributors has risen considerably since August 30, 2009, with the largest number of contributions to Bitcoin Core (Master) being witnessed in Mid 2020.

Number of Issues

Out of the 6 currently open projects, developers of Bitcoin Core have been able to close 5,968 issues since Bitcoin’s debut. 

610 issues are still on the working table. According to statistical data, the rate of issue resolution has risen in the past years and currently, an average of 10 issues is resolved weekly.  

Further, 403 pull requests remain open while 15,909 have been closed so far.

Number of Commits

The first Bitcoin commit was written back in August 2009 by Satoshi Nakamoto. It remains unclear if Satoshi Nakamoto used any kind of source control before the source codes were available to the public. 

However, evidence that the original source files were distributed privately through email remains undisputed. The source code was originally hosted in a rar file on Bitcoin.org. It did not use any Source Control Management. 

Later, when more people began working on it, one of the earliest developers, Sirius, moved everything to SVN on Sourceforge. That was later moved to the current Github repository and switched to using Git.

Since then developers have managed to increase their commits. An average of 50 commits per week is pushed to the master code. May 2020 saw the largest number of commits in the last 2 years on the network at 105 based on Github data. 

Number of Releases

Since 2009, over 55 Bitcoin cores have been released, some being major and others being minor. 

Whereas Satoshi created the bitcoin network on 3rd January 2009 mining the genesis block of the chain,  it was not until 27th April, 2011 that the first notable release from other developers, the Bitcoin Core version 0.19.1, went mainnet.

 The upgrade was mainly aimed at enabling Universal Plug and Play support thereby  Enabling automatic opening of a port for incoming connections 

Fast forward to 2021, the latest release is the Bitcoin Core 22.0. This release includes new features, various bug fixes and performance improvements, as well as updated translations.

Read more about Bitcoin core releases HERE.

Number of Forks

Bitcoin is one of the largest blockchain networks and boasts countless repositories.

So far there have been 100 forks, 74 of which have remained intact. A Bitcoin hard fork, which denotes the process by which a node is onboarded on the network to upgrade. It was created to solve the disagreements within the Bitcoin community over speed, fee of transactions among other issues.

To date, some of the most notable upgrades have been the 2017 Segregated Witness( SegWit) hard fork which was designed to help increase the block size limit on a blockchain.

On 14th November 2021, the Taproot upgrade went live introducing  Bitcoin to the smart contract era as well as enhancing security, privacy and efficiency on the network.

PN: “This data is not final and may be updated from time to time” 

The post Bitcoin’s Long Road to Smart Contracts appeared first on CoinTest.com.

Ethereum’s uniqueness underlies in its being the pioneer of the blockchain smart contract platforms concept. Its interoperable features allows it to work as a base platform for launching numerous other cryptocurrency networks,  and also support the execution of various decentralised smart contracts such as NFTs and DeFi contracts.

Number of Contributors

Ethereum is an open source network with thousands of community contributors globally. Currently,  around 168 energetic code builders are actively engaged in building and updating code per month. 

Number of Issues

Issues let the community track work on the Ethereum network. Once an individual mentions an issue in another issue or a pull request, the issues timeline brings out all the work that is related to it, helping engineers keep track of related work.

Currently, there are 188 open issues on go-Ethereum  with 5801 issues having been closed. There are also 89 open pull requests with 6731 having already been acted upon.

Number of Commits

Commits help track staged changes being along a timeline to a code. Its simply points at a projects underlying health by showing how aggressive or committed the dev team is at updating their projects (a key consideration for the projects supporters) 

Ethereum has about 447 commits per month on Github code repositories and over 12,800 commits so far in 2021. Devs also have  an over 83% backlog clearance uptake which is great score when it comes to resolving bug and code problems on any particular blockchain network

Number of Releases

So far there are 88 core released working executables which mainly aim at lowering gas fees and streamlining the launch and execution of smart contracts on the Ethereum network. 

9 projects are in the “last call”  which is the final review window for an EIP before moving to FINAL. 15 projects are still under the community’s review, 208 stagnant while 22 have been withdrawn for various issues. To view more click here

Number of Forks

A number of forks have been implemented on the Ethereum enroute to transitioning Ethereum into a full Proof of Stake network. EIPs describe standards for the Ethereum platform, including core protocol specifications, client APIs, and contract standards. 

Currently there are 766 EIPs in total, and whereas some are still pending, in August 2021, the most notable upgrade, the EIP-1559 better known as the London Hard Fork went live on mainnet  resolving delay and fee problems experienced by miners.

In late October 2021, Altair, the first beacon chain network upgrade was also launched on the network and will later be merged with other smaller upgrades in moving Ethereum from a POW to POS consensus once all the work is completed. 

Ethereum Staking

Staking is the act of depositing a minimum of 32 ETH to activate validator software.These coins will be locked up on the network until the  Ethereum 2.0 upgrade is over.

Validators/Stakers are responsible for storing data, processing transactions, and adding new blocks to the blockchain. This keeps Ethereum secure for everyone as validators earn you new ETH in the process. This process, known as proof-of-stake, is being introduced by the Beacon Chain. 

Staking rewards on the Ethereum network are based on the participation of stakers. Whereas early stakers would rake in as much as 20% in rewards, this is set to be lowered annually to sit in the 7%-4% range. 

PN: “This data is not final and may be updated from time to time”

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