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In the sixth global blockchain technology rating index in China, EOS and Ethereum are still at the top and remain the favorites for being "undoubtedly the preferred platforms for Dapp development in the world", while Bitcoin goes down to nineteenth place with a special mention to "NULS", Iota Chains and Incrocature. "
China publishes the sixth index of the classification of crypts
The Chinese Center for the Development of the Information Industry (CCID), under the Ministry of Industry and Information Technology of the country, has released another of its cryptocurrencies. This sixth update which was announced at the start of this week evaluates 33 cryptos.
EOS remains the favorite since China started its crypto ranking as the fifth largest cryptocurrency by market capitalization has been at the top of the list. This time, too, he earned the highest points for basic technology and applicability.
Another preferred digital resource is Ethereum (ETH), the second largest cryptocurrency in the world, which also ranks second in the worldwide rating index of public blockchain technology in China. Subsequent commercials have been acquired by Bitshares (BTS), Nebulas (NAS) and NEO.
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Evaluation index of global public chain technology
"At the moment, EOS and Ethereum are undoubtedly the preferred platforms for Dapp development around the world, and EOS is showing a stronger momentum.The data show that EOS Dapp is highly active and user increases are wide. "
A special mention is given to "From the current complete index, the most important rankings are the NULS, IOTA and Ripple chains, classified for 11, 9 and 8" respectively. Furthermore, "Compared to the previous index, the public chain with the biggest increase in the innovation index is Ripple Chain, NULS, IOTA, Nebula Chain and Bit Cash."
Meanwhile, Bitcoin (BTC) remains low in the list. This time the Bitcoin has further lowered to the nineteenth place compared to the 16th place last season. With the highest point of creativity, BTC lacks in the basic technology department and applicability according to the index ranking.
"The global public chain technology evaluation work has been organized and implemented by the CCID (Qingdao) Blockchain Research Institute and has been jointly implemented by a number of units including the Think Tank CCID under the Research Institute on development of the information industry in China and the Software Test Center in China. "
The website also provides,
"The aim is to scientifically evaluate the level of global technology development of the public chain and accurately capture the trend of blockchain technology innovation, so as to provide more professional consulting services."
Summary
Item name
Bitcoin Degrades & Ripple receives a special mention while EOS and Ethereum remain favorites of China
Description
In the sixth global blockchain technology rating index in China, EOS and Ethereum are still at the top and remain the favorites for being "undoubtedly the preferred platforms for Dapp development in the world", while Bitcoin goes down to nineteenth place with a special mention to "NULS", Iota Chains and Incrocature. "
Author
Anjali Tyagi
Publisher name
Coingape
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The content presented may include the personal opinion of the author and is subject to market conditions. Do your market research before investing in cryptocurrencies. The author or the publication has no responsibility for personal financial loss.
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