EOS, Ethereum and GXChain remain in the Top-3, while Bitcoin is in 18th place

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BEIJING, 21 December 2018 / PRNewswire / – The Chinese Center for the Development of Information and Industry (CCID), under the Ministry of Industry and Information Technology of the Country, has announced a new update of its GlobalBacchain Technology Assessment Index (GPBTAI) on December 20, 2018. This is the eighth update of the Center. EOS is at the top of the list with a total score of 156.1 points. Ethereum in second place, with an evaluation index of 136.4. The two indices are still in first place. GXchain replaced BitShares in third place with a score of 117.5 in this assessment, while BitShare dropped five in the current rating, ranking eighth. Komodo, Ontology, NULS, Nebulas, BitShares, NEO and Steem shared the fourth to 10th place. The bitcoin rating index remained at the center of the list with a score of 96.1, ranked 18th.

Ontology, a new addition to this evaluation, is a new generation of high-performance public blockchain and distributed trust-based collaboration platform developed independently by the ontology technology team, which supports a comprehensive general ledger network and contract system intelligent. Based on the new VBFT consent algorithm, the public ontology chain can issue locks on demand to obtain second level transaction confirmations. Its main network has been launched in June 2018. In this evaluation, Ontology has outstanding performance in basic technology and application, with a composite index of 112.6, ranked fourth in the list.

The index of this problem has two exceptional features. Firstly, high-performance public blockchains and general application development support are generally ranked high. Among the top 10, four public chains have adopted a graphene architecture with better performance, six public chains use the dPOS consensus mechanism and seven public chains support the development of Dapp. Secondly, the "new generation" public chain has exceptional results. Four of the top 10 chains are new public chains launched on the main network in 2018. From the specific index, NULS, Komodo, GXchain, Waves and Zcash are those that have made rapid progress. The main NULS network was updated in November and the new main network can support the development and implementation of smart contracts. Compared to the previous index, the composite index average increased by 2.5.

Technology

In terms of basic technology, the top five are EOS, BitShare, Steem, GXChain and Ontology. From the perspective of grade changes, NULS jumped quickly. Statistics show that the average of the basic technology index has slightly increased compared to the previous period. The basic technology mainly examines the level of technical implementation of the public chain, including function, performance, security and decentralization.

Application

The first five applications are Ethereum, NEO, Ontology, Nebulas and Qtum. Ontology came into play and replaced Dash in the top 5. Similarly to the core technology index, the NULS application index improved rapidly with the upgrading of the core network. Statistics show that the average application index has slightly increased compared to the previous period. Applicability primarily evaluates the full level of public chain support for practical applications, including node deployment, wallet application, support for development and implementation of the application.

Innovation

Compared to basic technology and applicability, the innovation index undergoes a major change based on the updating of the public chain code. The index shows that the top five are Bitcoin, EOS, Ethereum, Komodo and Cardano. Compared to the previous index, the public chains with the largest increase in the innovation index are Komodo, Sia, GXchain, Bytecoin and Nebulas. Among these, the Komodo code update data has been recalculated and Sia's reference data has been transferred from Github to Gitlab. Innovation focuses on continuous innovation in the public chain, including developer size, code updates and code impact.

SOURCE China Center for the development of information and industry

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