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

Unusual, yet real. The China Centre for Information Industry Advancement (CCID) has launched its fourth ‘Crypto job positions’, where the top 3 settings have been taken by EOS, Ethereum as well as Komodo. Bitcoin goes to the 10th setting.

CCID started the ranking procedure in May, where it placed a total of 28 cryptocurrencies. During the following 3 months, it added 2, one and two coins specifically to the listing. The most up to date ranking that it has launched places EOS and Ethereum in the top 2 placements.

However, the greatest surprise is Komodo rising to the 3rd setting from it’s previous ranking of 10. It is claimed to be an ambitious project which allows independent blockchain programmers to start their very own task as well as installed an ICO. Additionally, a decentralized exchange is on the cards of the task.

Ranking Methodology
China Electronic Devices News Agency, which is controlled by CCID, states that the ranking are supplied based on “An extensive examination and evaluation of the general public chain from 3 elements; fundamental technology, application and also advancement”.

However, the positions do rule out the monetary perspective, that includes the coin rate, market capitalization as well as the trading quantities, which warrants why Bitcoin is not in the leading placement.

Besides these, Nebulas is rated Fourth, NEO at 5th and Stellar at Sixth. Surprisingly enough, a few of the leading coins by market cap, such as Surge, Bitcoin cash and Litecoin, do not showcase in the leading 10 of CCID’s positions.

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