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

Unusual, yet real. The China Centre for Info Industry Growth (CCID) has released its fourth ‘Crypto job positions’, where the leading 3 placements have been taken by EOS, Ethereum as well as Komodo. Bitcoin is at the 10th setting.

CCID began the ranking procedure in May, where it placed a total amount of 28 cryptocurrencies. During the following 3 months, it added 2, one as well as 2 coins respectively to the listing. The most recent ranking that it has released puts EOS and Ethereum in the leading two placements.

Nonetheless, the greatest shock is Komodo rising up to the 3rd setting from it’s previous ranking of 10. It is claimed to be an ambitious task which allows independent blockchain developers to start their very own task and also installed an ICO. Also, a decentralized exchange gets on the cards of the job.

Ranking Technique
China Electronics News Agency, which is controlled by CCID, states that the ranking are offered based upon “A comprehensive investigation and also analysis of the public chain from three elements; fundamental modern technology, application and technology”.

Nevertheless, the rankings do rule out the financial perspective, which includes the coin cost, market capitalization as well as the trading quantities, which validates why Bitcoin is not in the leading placement.

Besides these, Nebulas is placed Fourth, NEO at Fifth and also Excellent at Sixth. Remarkably enough, several of the top coins by market cap, such as Surge, Bitcoin cash and also Litecoin, do not include in the leading 10 of CCID’s positions.

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