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The objective of this challenge is to generate a comprehensive report that assesses the degree of decentralization in the crypto asset project.
- Choose any cryptocurrency project, whether it is a native coin or a token.
- Create a list of metrics that would help you evaluate how decentralized a project is. Below are a few examples that can help guide you in the right direction. While this list is a good starting point, it is not exhaustive. And it would be advantageous for your submission to include a more comprehensive list of quality metrics.
1. GitHub metrics
- contributor commit activity (number of contributors, percentage of commits from top contributors, etc.)
- number of pull requests
- ...
2. Operational metrics
- allocation/distribution of assets at the initial launch
- profit mechanism
- ...
3. Blockchain metrics
- cost of 51% attack
- ...
4. ...
- Create a report that includes the metrics with values for the project you chose. Don't forget to include a brief 1-2 sentence explanation of each metric.
Note: Some metrics might be quantitative, while others - qualitative.
To participate, submit a pull request to the challenge repo. To make sure your submission doesn't get lost, please also email your pull request link along with your resume and the link to this challenge to challenge-submission@blockshop.org.