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

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

Unexpected, yet true. The China Centre for Information Sector Growth (CCID) has released its 4th ‘Crypto task positions’, where the top 3 settings have been taken by EOS, Ethereum and Komodo. Bitcoin goes to the 10th position.

CCID began the ranking procedure in May, where it ranked a total amount of 28 cryptocurrencies. During the following 3 months, it added two, one and also two coins specifically to the listing. The most up to date position that it has launched places EOS and also Ethereum in the leading 2 settings.

However, the biggest shock is Komodo rising to the Third placement from it’s previous position of 10. It is said to be an ambitious job which enables independent blockchain developers to start their own task and also set up an ICO. Also, a decentralized exchange is on the cards of the job.

Ranking Method
China Electronics News Agency, which is governed by CCID, says that the position are given based upon “An extensive examination and also evaluation of the general public chain from 3 facets; standard modern technology, application as well as development”.

Nonetheless, the positions do rule out the monetary perspective, that includes the coin rate, market capitalization and also the trading quantities, which justifies why Bitcoin is not in the top placement.

Besides these, Nebulas is placed 4th, NEO at Fifth as well as Outstanding at Sixth. Remarkably enough, a few of the top coins by market cap, such as Ripple, Bitcoin money and Litecoin, do not showcase in the top 10 of CCID’s positions.

© Copyright 2018. iota fr. Designed by Space-Themes.com.