Thanks for this but we potentially need to think about what to put in this file. I feel like making it a guide on how to make a PR probably isn't what we want, and instead we want something maybe a little more in-depth on how to contribute to the source.

I think things like how to modules work in the VM, how we can add more native functions, how we can add functions to types etc are all things that are definitely worth documenting somewhere (maybe a wiki?) then that can be referenced in this file.

For your effort i'll stick a hacktoberfest accepted on it, sorry probably should have went through it more on the issue

I agree with the synopsis above. The contributors doc should be the guide anyone can use to update tests, docs, modules, etc.