CHINA FAVOR TRON AND EOS IN NEW CRYPTO RANKING BUT DOWNGRADES BITCOIN
China’s Center for
Information and Industry Development has released its latest crypto project
ranking. Tron and EOS top the list out of the 35 crypto projects evaluated
while Bitcoin has been downgraded slightly. The center also evaluated the
projects independently based on basic technology, applicability, and
creativity. The Center for Information and Industry Development
(CCID), under China’s Ministry of Industry and Information Technology, released
the 11th update of its crypto project ranking report on Friday. The number of
crypto projects evaluated this month was 35, unchanged from the previous month.
“The results has show that the world’s three major Dapp platforms — EOS,
Tron, [and] Ethereum — still rank in the top three, [and] the scores are 155.7,
146.7 and 142.8, respectively,” the center wrote. Tron debuted last
month, replacing Ethereum as the second highest ranked project. EOS has been in
the top spot since it started being ranked in June last year. This
month, BTC ranks 15th, down two places from the previous month. BCH also fell
slightly from the 27th spot to the 31st spot
The basic technology “sub-index accounts for 64% of the total index,” the
center described, noting that this category “mainly examines the technical
realization level of the public chain, including function, performance,
security, and decentralization.” The top projects are EOS, Tron, Bitshares,
Steem, and Gxchain. “Since the Constantinople upgrade, the efficiency of the Ethereum
network has improved, and the Ethereum basic technology index has also risen
from the 9th [place] to the 6th,” the CCID pointed out. Nonetheless, it found
that on average “the basic technology index has slightly decreased from the
previous period.”
The applicability “sub-index accounts for 20% of the total
index,” the CCID continued, adding that this category mainly evaluates “the
comprehensive level of public chain support for practical applications.” The
top five projects are Ethereum, NEO, Nebulas, Tron, and Ontology. Unlike the
basic technology category, the center said that on average “the applicability
index has increased from the previous period.”
The creativity “sub-index accounts for 16% of the total index,” and the
top five projects are Bitcoin, Ethereum, EOS, Litecoin and Lisk. This category
focuses on “continuous innovation in the public chain,” the CCID explained,
adding that “The innovation sub-indices of Litecoin, Bytecoin, EOS, Nebulas and
Hcash have increased significantly from the previous period.” However, the
center concluded that overall “the average value of the innovation sub-index
has declined to a certain extent compared with the previous period, indicating
that the activity of global public-chain technology innovation is decreasing.”
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