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 true. The China Centre for Details Industry Advancement (CCID) has launched its 4th ‘Crypto job positions’, where the leading 3 positions have actually been taken by EOS, Ethereum and Komodo. Bitcoin goes to the 10th position.

CCID began the ranking process in May, where it placed a total amount of 28 cryptocurrencies. Throughout the following 3 months, it included two, one and 2 coins specifically to the listing. The latest ranking that it has actually launched places EOS and Ethereum in the top 2 settings.

Nevertheless, the greatest surprise is Komodo rising up to the 3rd position from it’s previous ranking of 10. It is claimed to be an ambitious task which allows independent blockchain designers to start their own job and installed an ICO. Likewise, a decentralized exchange gets on the cards of the task.

Ranking Methodology
China Electronics News Agency, which is governed by CCID, states that the ranking are supplied based on “An extensive examination and also analysis of the general public chain from three aspects; standard innovation, application and innovation”.

However, the rankings do not consider the monetary perspective, which includes the coin rate, market capitalization as well as the trading quantities, which validates why Bitcoin is not in the leading position.

Aside from these, Nebulas is rated Fourth, NEO at 5th as well as Outstanding at 6th. Surprisingly sufficient, some of the top coins by market cap, such as Surge, Bitcoin cash money and Litecoin, do not feature in the top 10 of CCID’s positions.

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