In the latest cryptocurrency news, we are showing an analysis submitted to GitHub which shows that only 5% of the crypto developers are women. Microsoft’s code-sharing site has received an analysis in which the results are not scientific – in fact, they assumed a coder’s gender based on their username without actual verification on whether the user was male or female.
However, the results of the survey show that there is no gender balance in the crypto developers world – and that the trend of the tech industry being male-dominated is still a thing. According to the journalist Corin Faife who is featured in the altcoin news for this analysis posted on Medium, only 4.6% of “female” names were used for the blockchain projects where coders were needed.
The journalist used the criteria to draw conclusions about the gender disparity in the crypto industry, stating:
“I scraped data on 1,026,804 code commits across 100 projects. Of these, 691,134 were made by developers with male-identified names, and only 47,678 were made by people with female-identified names.”
He went on to clarify the number of female crypto developers based on their usernames, stating:
“In total, GitHub users with female names account for less than 5% of the commits to the top 100 cryptocurrency projects — 4.64% to be exact.”
There is a debate about why there are so few female coders in crypto. According to some, it is because women are being discriminated against – and others believe that it is more subtle in that women find the male oriented tech industry simply uninviting.
“Women are more likely than men to encounter language or content that makes them feel unwelcome (25% vs. 15%) as well as stereotyping (12% vs. 2%) and unsolicited sexual advances (6% vs. 3%),” GitHub’s research notes.
The crypto industry is full of male crypto developers. Still, as cryptocurrencies become more mainstream, more women are entering the field. Another Google Analytics survey proved this, stating that men comprise 90.9% of the entire Bitcoin community while women make up only 9.91%.
All in all, there is a big interest in the crypto developers world – and women are expected to step in with greater share of the pie in the future.
Gold-Backed Russian Crypto Could Crush The USD Standard
“As for mutual settlements, we will consider, of course, a proposal on a cryptocurrency that is tied to gold. But, in my opinion, it is more important to develop settlements in national currencies.”Nabuilna explained that CBR is still unsure whether to use cryptocurrencies and how they could be launch into Russia’s monetary system but the idea of a zero-volatility digital asset is inviting:
“The CBR, in principle, is opposed to cryptocurrencies being launched into our monetary system. We do not see the possibility that cryptocurrencies fulfill the function of monetary surrogates. We have prepared an analytical report and will soon present it which will analyze what cryptocurrency is, what is happening in the world, what approaches different countries to have, and what regulation is envisaged. And, if the phenomenon of cryptocurrency in any perspective may cause risks to our macroeconomic stability, we need to understand that.”As noted in one of the best cryptocurrency sites, Russia is under significant economic sanction from the United States.
Crypto Trading In The US Becomes A Nightmare, What’s The Solution?
TRON Community Aims To Get The Token Listed On Coinbase
Hottest Cryptocurrency Is Up 330% This Year (And It’s Not Bitcoin)
“Every time we’ve seen a halving event in Bitcoin or Litecoin, the price has risen astronomically,” is what Mati Greenspan believes, who is a senior market analyst at the trading platform eToro. “So if that pattern continues, what we’ve seen so far is small potatoes in comparison,” he said. “This is quite normal for the crypto market.”Right now, cryptocurrencies are undergoing a major renaissance. While Litecoin is reported as the hottest cryptocurrency this year by many best cryptocurrency news sites, Bitcoin is also triggering a new rally and Facebook with its expected crypto project is additionally fueling up the space. All of the developments happening this year have managed to push the price of Bitcoin by 120% since the beginning of the year - and the price of Ether close to 100% this year. Litecoin remains the hottest cryptocurrency - going from $30 at the end of last year to $130 right now.
Join us on Facebook
- Bitcoin Hash Rate Reaches New High As Price Reclaims $9,000
- Indian Central Bank Denies Knowledge Of Proposed Crypto Ban Bill
- Gold-Backed Russian Crypto Could Crush The USD Standard
- Crypto Trading In The US Becomes A Nightmare, What’s The Solution?
- TRON Community Aims To Get The Token Listed On Coinbase
UPCOMING EVENTS RECOMMEND BY DC FORECASTS
Regulation4 days ago
Financial Action Task Force Wants To Turn BTC Exchanges Into Banks
Ethereum News2 days ago
Ethereum Will Skyrocket By 70% Against BTC: Analyst Prediction
Bitcoin News2 days ago
Bitcoin Tax Evasion Will Be Criminally Punishable: IRS Warns
Bitcoin News2 days ago
Weiss Ratings Upgrades Bitcoin From B- To B: Report
Altcoin News3 days ago
Bitcoin Wraps Around $8,200: Consolidation Could Happen Soon
Blockchain News4 days ago
Erik Finman Will Bring Crypto To The Masses With The Help Of CoinBits
Altcoin News5 days ago
Coinbase VISA Card Is Now Live In Six European Countries
Altcoin News2 days ago
Crypterium Launches A Global Crypto Payments Card