EOS to Top China Government Cryptocurrency Rating List

July 23, 2018

The government of China has released the third report with cryptocurrency rating. The list was topped by EOS for the second time in a row while Bitcoin was ranked 16th.

The report prepared last week by the China Electronic Information Industry Development (CCID) to assess three criteria of cryptocurrency projects (technology, applicability, innovation), with total score drawn at the end.

Just like in the second report EOS became the leader of the rating and made 145.6 points with the first positions taken in “technology” and “innovation”.

Among the chief advantages of EOS the CCID experts mentioned the underlying Delegated Proof-of-Stake (DPoS) algorithm as well as high rate of transactions. It is to be noted that these features were the key ones when forming this list and all the top-10 projects have it except for Ethereum ranked 2nd which now enables Proof-of-Stake (PoS) algorithm.

The gap between EOS and Ethereum when compared with the last report has decreased a little: earlier the total score for EOS was 161.5 unlike Ethereum with the same 137.3 points. In addition, remember that Ethereum topped the crypto rating list in the first report by CCID.

The top-10 list includes Nebulas, GXChain, NEO, Stellar, Steem, Lisk and Waves with Komodo that shared the nineth position. As for Bitcoin, it took 16th having received 44.3 points in “technology” which is the worst score of the list.

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