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China reveals its new assessment of blockchain networks for early 2020, and EOS leads

Posted on November 1, 2022 by admin

China reveals its new assessment of blockchain networks for early 2020, and EOS leads

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Answer China reveals its new assessment of blockchain networks for early 2020, and EOS leads

The China Center for Information and Industry Development has published its latest classification of blockchain networks and crypto projects.

This center periodically evaluates blockchain projects and networks. We have already touched on some of its previous evaluations on the Arab Bitcoin website.

In the new evaluation, a total of 37 crypto projects were evaluated, meaning two more projects than the previous ranking.

EOS project tops the list

The Center for Information and Industry Development (CCID), under the Ministry of Industry and Information Technology of China, released its first ranking list of blockchain networks and crypto projects for this year on Friday.

Read:EOS Corporation Signs Memorandum of Understanding with Busan to Promote Blockchain Investments

Prior to that, the latest assessment list was published in December, categorizing 35 crypto projects.

This month, two more projects were added, bringing the total of the classified projects to 37.

In addition to the overall ranking, the center evaluated crypto projects based on their core technology, applicability, and creativity.

The list order is updated every two months and this month is the 16th update.

EOS is still at the top of the overall rankings, followed by Tron and Ethereum.

In December, Tron took third place with Ethereum in second place.

This month, Bitcoin fell from the ninth place to the eleventh place while Bitcoin Cash fell from the 27th place to the 34th place.

Meanwhile, the Nuls project dropped from the fourth to the tenth position, the Bitshares from the eighth to the twenty-fourth, the WAVES project from 12 to 22, the Zilliqa network from 13 to 25, as well as the Tezos project from 26 to 33.

Some projects like the Ripple blockchain, which rose from the eighteenth to the thirteenth position, and the COSMOS project from 24 to 14, have improved.

Read:The Governor of the British Central Bank: Regulations will not open their doors to the digital currency “Facebook”

Add IOST and GXS to the list

Two projects have been added to the rating list this month, IOST and GXS.

The “IOST” project describes itself as a super decentralized blockchain network that is based on the next generation consensus algorithm and relies on the Proof of Belief (PoB) mechanism.

While the “GXS” project, also called Gxchain, is a basic template for the global data economy, designed to build a trusted Internet of value, according to its definition on its official website.

IOST debuted at number six in the overall standings.

While Gxchain was pre-rated but was removed in the October update.

It is now back in seventh place in the overall standings.

Etron is ahead of Ethereum

In the top three rankings, EOS ranked highest in the core technology category, followed by Tron, IOST, GXS, and Steem.

In the application category, Ethereum tops the rankings, followed by Tron, and Neo.

Read:The co-founder of PayPal stated: If you are only a supporter of the blockchain, this is an anti-Bitcoin approach

In the creativity category, Bitcoin scored significantly higher than other projects.

The Center for Information and Industry Development (CCID) is an entity that carries out evaluation work in cooperation with various organizations, such as the China Software Evaluation Center.

CCID previously explained:

The result of this assessment will allow CCID Group to provide better technology advisory services to government agencies, commercial enterprises, research institutes and technology developers.

In January, male Source The CCID released a report indicating that there were more than 33,000 companies registered in the blockchain space in December.

Read also:

Top 10 Crypto projects in terms of the most active developers over the past 12 months… Get to know them

An ICO Project Closes Its Doors and Returns 27,000 Ethereum (ETH) to Shareholders


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