Latest Chinese crypto rankings released, with EOS hanging on to the top spot

20 Sep, 2018
by David Robb
News
Latest Chinese crypto rankings released, with EOS hanging on to the top spot

China's Center for Information Industry Development (CCID) has released the fifth edition of its crypto/blockchain index. EOS came top of the rankings again, with some smaller projects like BitShares and Komodo also placing well.

The CCID's index ranks projects primarily according to the basic level of technology that has been reached in the project's publicly-available chain. The functions, performance, safety and decentralization of the blockchain are all assessed, with 65 percent of the total score being based on how technically accomplished the project is.

Applications of the project, and its level of innovation/creativity are also factored into its ranking, weighted at 20 and 15 percent of the total score, respectively.

EOS finished in first place for the third time since the launch of its mainnet, with previous leader Ethereum coming in just behind in second place. Third place was the relatively unknown BitShares project, with NEO, Steem, Nebulas, and GXChain not far behind.

After shooting up to third place in last month's index, Komodo was ranked 8th this time around. Bitcoin was down in 16th place, although it ranked first for the creativity metric.

Read more: Latest China cryptocurrency index released, and EOS still holds the crownEOS, Ethereum and Nebulas take the cake in China's blockchain assessment

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Read more about:EOS (EOS)Komodo (KMD)

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