2018-6-24 20:34 |
The second round of China’s state-backed monthly ratings of cryptocurrencies and blockchain projects has been released, Cena News reported June 21.
Dubbed the “Global Public Chain Technology Evaluation Index,” this latest round was announced at the Shanghai Science Hall on June 20, and ranks EOS 1st, Ethereum (ETH) 2nd, and Bitcoin (BTC) 17th, out of a total of 30 analyzed cryptocurrencies.
EOS’ top ranking is attributed to the “outstanding technical advantages in transaction confirmation efficiency, network throughput, and transaction costs” of the protocol.
It was first announced in May to compensate for what the Chinese government considers to be the “lack of completely independent assessment” for crypto and blockchain projects.
CCID has said that the new monthly Index demonstrates “the confidence of the Chinese government” in blockchain, and will serve as a “guide” for the country’s technological vanguard.
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