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

Shocking, yet real. The China Centre for Info Industry Development (CCID) has launched its fourth ‘Crypto job positions’, where the leading 3 placements have actually been taken by EOS, Ethereum as well as Komodo. Bitcoin goes to the 10th position.

CCID started the ranking process in May, where it ranked an overall of 28 cryptocurrencies. During the adhering to 3 months, it added 2, one as well as 2 coins respectively to the listing. The most recent ranking that it has actually released puts EOS as well as Ethereum in the leading two settings.

However, the biggest shock is Komodo rising to the Third setting from it’s previous ranking of 10. It is stated to be an enthusiastic project which enables independent blockchain designers to start their own project and also put up an ICO. Likewise, a decentralized exchange gets on the cards of the task.

Ranking Approach
China Electronic Devices News Agency, which is governed by CCID, states that the position are supplied based upon “A comprehensive investigation and also examination of the general public chain from 3 aspects; basic innovation, application as well as advancement”.

Nonetheless, the rankings do rule out the monetary point of view, which includes the coin rate, market capitalization and the trading quantities, which warrants why Bitcoin is not in the leading placement.

Besides these, Nebulas is rated Fourth, NEO at Fifth as well as Stellar at 6th. Surprisingly enough, several of the leading coins by market cap, such as Ripple, Bitcoin money and also Litecoin, do not feature in the leading 10 of CCID’s rankings.

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