EOS, Ethereum and Komodo are the top 3 coins according to the Chinese Government

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August 20, 2018 by
EOS, Ethereum and Komodo are the top 3 coins according to the Chinese Government

Surprising, yet real. The China Centre for Details Industry Advancement (CCID) has actually launched its fourth ‘Crypto project rankings’, where the leading 3 positions have been taken by EOS, Ethereum and also Komodo. Bitcoin goes to the 10th position.

CCID started the ranking procedure in May, where it ranked a total of 28 cryptocurrencies. Throughout the following 3 months, it added 2, one and two coins specifically to the listing. The latest ranking that it has actually released places EOS as well as Ethereum in the top 2 positions.

Nonetheless, the most significant surprise is Komodo rising to the Third position from it’s previous ranking of 10. It is claimed to be an enthusiastic task which permits independent blockchain designers to begin their very own job and installed an ICO. Additionally, a decentralized exchange gets on the cards of the task.

Ranking Methodology
China Electronic Devices News Agency, which is governed by CCID, states that the ranking are provided based on “A thorough investigation and analysis of the public chain from 3 aspects; standard technology, application as well as innovation”.

Nonetheless, the rankings do rule out the financial viewpoint, which includes the coin cost, market capitalization and also the trading quantities, which validates why Bitcoin is not in the leading setting.

Aside from these, Nebulas is rated 4th, NEO at 5th as well as Outstanding at Sixth. Remarkably enough, some of the leading coins by market cap, such as Ripple, Bitcoin cash as well as Litecoin, do not showcase in the top 10 of CCID’s positions.

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