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

Unexpected, yet real. The China Centre for Information Sector Development (CCID) has actually released its fourth ‘Crypto job positions’, where the top 3 positions have been taken by EOS, Ethereum and Komodo. Bitcoin goes to the 10th placement.

CCID started the ranking process in May, where it placed a total of 28 cryptocurrencies. Throughout the following 3 months, it included 2, one as well as 2 coins specifically to the listing. The most recent ranking that it has launched places EOS as well as Ethereum in the leading 2 settings.

Nonetheless, the largest shock is Komodo rising up to the Third placement from it’s previous ranking of 10. It is claimed to be an ambitious job which enables independent blockchain programmers to begin their own task and set up an ICO. Additionally, a decentralized exchange gets on the cards of the task.

Ranking Technique
China Electronic Devices News Agency, which is governed by CCID, says that the position are given based upon “An extensive examination as well as analysis of the general public chain from 3 facets; basic technology, application and also development”.

However, the rankings do rule out the monetary perspective, which includes the coin cost, market capitalization and also the trading quantities, which warrants why Bitcoin is not in the leading setting.

Besides these, Nebulas is rated 4th, NEO at Fifth and also Stellar at Sixth. Remarkably sufficient, several of the top coins by market cap, such as Surge, Bitcoin money and Litecoin, do not feature in the top 10 of CCID’s rankings.

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