Despite the little funding, Bitcoin is one of the most developed projects

Key facts:

• The Bitcoin repository on GitHub registered more than 2,900 commits this year.

• In the first places are projects with financial support for their development.

The Bitcoin repository on Github is in sixth place among those with the highest activity in the year 2021, despite being a collaborative project that does not have financial support from venture capitals.

According to the data collected by the CryptoMiso website , the developers contributing to the Bitcoin repository generated 2,950 consolidations , also known by its English term “commits”. This expression denotes the confirmation or integration of a set of changes or optimizations of the code.

At the top of The list includes projects with institutional financing or with the contribution of investors or risk capital providers. For example, the first place is held by the project Trust Wallet , a multi-currency wallet that was acquired by Binance in 2018. The GitHub repository of this project records more than 8,000 consolidations in 2021 .

The ranking continues with the Solana and Avalanche projects. The first managed to raise capital by USD 335.8 million between 2019 and 2021 , through a type A financing round and two Initial Coin Offerings (ICO). Solana, a blockchain focused on transaction speed, shows 4,478 consolidations on its GitHub activity this anus.

As for Avalanche, another project focused on offering a high-speed blockchain, in June of this year a private sale of its AVAX token for USD 230 million . Later, in November, he received another capital injection of USD 200 million, by forming its own venture capital company and incubation fund focused on AVAX. The GitHub repository for this project exhibits 3,026 consolidations in 2021 .

Bitcoin advances with direct grants to its developers

Bitcoin, for its part, as a collaborative project With more than 100 collaborators contributing to its code, it maintains its activity thanks to voluntary work and direct grants that some companies or institutions give to some developers.

Currently, projects such as Brink , founded in 2020 by Bitcoin Core programmer John Newbery, are dedicated to seeking sponsorship for Bitcoin developers . As reported by CriptoNoticias, Brink is focused on financing the security and stability of the base protocol, as well as research and development to expand its functionality. The project has received input from Kraken, Gemini, Square Crypto and the Human Rights Foundation.

In June This year, the Gemini Opportunity Fund, the Winklevoss Brothers Exchange, allocated USD 1.5 million to support Bitcoin Core developers. Also the development fund of the Human Rights Foundation reported that it had distributed 4 BTC , more than USD 190 thousand at the current price, among some Bitcoin collaborators .

Other companies that operate in the cryptocurrency ecosystem, such as Digital Marathon and exchanges FTX and Okoin , Come in others , also made financial contributions to Bitcoin developers in 2021 .