90% of altcoins code is 80% copied from other projects

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90% of altcoins code is 80% copied from other projects

And now a small portion of the evening tar. After reviewing the results of studies of the Chinese University Xian Jiaotong (technological research centre in Shaanxi province in Northwest China), conducted jointly with specialists of the company Netta Lab, it becomes clear skepticism of cryptocratic.

It turns out that 90% of all existing altcoins is plagiarism. Of course, the study could not cover all the alternative projects, which only on Coinmarketcap 1935 pieces. But 488 were analyzed algorithms, not too little. 25% is a normal sample.

So, nine out of ten projects code to steal. Not completely, but nearly 80%. So in fact all altcoins are forks twenty platforms with open source.

83% of altcoins identity code is at 90-100%, 66% platforms this indicator is at 95-100%. Only 8% of altcoins indicator of identity is less than 80%.

The founder of Netta Lab CE Shown not surprised by the results of this study. The vast majority Andonov invest in marketing and not in the development of unique products, she said. This situation leads to the appearance of clones.

“Now the industry lacks technologies that can make the next breakthrough, says Xie. We have to get back to nature and finally to solve practical problems blockchain systems to create tools that use such services will be convenient and easy. Solutions that will lead to the development of the industry.”

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