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 Growth (CCID) has actually released its 4th ‘Crypto job rankings’, where the leading 3 positions have actually been taken by EOS, Ethereum as well as Komodo. Bitcoin is at the 10th setting.

CCID started the ranking process in May, where it rated an overall of 28 cryptocurrencies. Throughout the complying with 3 months, it added 2, one and also 2 coins respectively to the listing. The most up to date ranking that it has actually launched places EOS and Ethereum in the top two placements.

Nonetheless, the most significant surprise is Komodo rising up to the Third placement from it’s previous position of 10. It is stated to be an enthusiastic task which permits independent blockchain designers to begin their own task as well as installed an ICO. Also, a decentralized exchange gets on the cards of the task.

Ranking Methodology
China Electronics News Agency, which is regulated by CCID, says that the position are offered based on “A detailed investigation and assessment of the public chain from three facets; fundamental modern technology, application and also innovation”.

However, the positions do not consider the monetary point of view, which includes the coin cost, market capitalization and also the trading quantities, which validates why Bitcoin is not in the top position.

Apart from these, Nebulas is ranked 4th, NEO at Fifth and Excellent at Sixth. Surprisingly sufficient, a few of the top coins by market cap, such as Ripple, Bitcoin cash money and also Litecoin, do not feature in the top 10 of CCID’s positions.

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