China Releases New Crypto Rankings

2019-5-27 11:56

China’s Center for Information and Industry Development has released its latest rankings of 35 crypto projects that were evaluated over the past two months. While several top positions remain unchanged, Bitcoin has climbed up the overall ranking.

Also read: Indian Supreme Court Postpones Crypto Case at Government’s Request

New Rankings From China

The Center for Information and Industry Development (CCID), under China’s Ministry of Industry and Information Technology, released the 12th update of its crypto project rankings Thursday. The number of projects evaluated was unchanged from the previous rankings published in March. The center also announced that starting this month the rankings will be adjusted every two months instead of monthly.

In addition to the overall ranking, the CCID published three others based on basic technology, applicability, and creativity sub-categories. EOS tops the list overall, followed by Tron, and Ethereum. The center started ranking Tron in February, debuting at number two overall and has remained at that position ever since. BTC now ranks 12th, up three places from the 15th place in the previous ranking. BCH has also improved, currently occupying the 29th spot overall, up from the 31st place previously.

“The results show that the world’s three major Dapp platforms — EOS, Tron, and Ethereum — remain ranked in the top three, [and] the scores are 148.5, 144.1 and 136.6,” the CCID wrote.

The center describes itself as “a first-class scientific research institution directly under the administration of the Ministry of Industry and Information Technology of China.” The first crypto ranking was released in May last year. The assessment is carried out by the CCID (Qingdao) blockchain research institute, an entity established by the CCID, in collaboration with multiple organizations such as the CCID think tank and the China Software Evaluation Center. “The result of this assessment will allow the CCID group to provide better technical consulting services for government agencies, business enterprises, research institutes, and technology developers,” the center previously explained.

Sub-Rankings

The overall ranking is based on the total index scores of 35 crypto projects. The total index of each crypto project is the weighted average of its three sub-indices: the basic technology index, the applicability index, and the creativity index. The basic technology sub-index accounts for 64% of the total index, while the applicability sub-index accounts for 20% and the creativity index 16%.

“The basic technology sub-index mainly assesses the level of technical realization of the public chain,” the center described, adding that the key areas evaluated under this category “include the function, performance, safety and decentralization of the public chain.” The top five crypto projects in this category are EOS, Tron, Steem, Bitshares, and Gxchain.

The creativity sub-index “focuses on continuous innovation in the public chain, including developer size, code updates, and code impact,” the center detailed. In this category, the top five crypto projects are Bitcoin, Ethereum, Lisk, EOS and Tron.

The applicability sub-index “mainly evaluates the comprehensive level of public chain support for practical applications,” the center continued. “The assessment includes four aspects: node deployment, wallet application, development support and application implementation.” For this category, the top five crypto projects are Ethereum, Neo, Nebulas, Tron, and Ontology, which are unchanged from the previous ranking for this sub-category. “However, the data shows that the applicability indices of only 11 of the 35 public chains have increased, and the overall index has declined compared to the previous period,” the CCID noted.

What do you think of these rankings? Let us know in the comments section below.

Images courtesy of Shutterstock and the CCID.

Are you feeling lucky? Visit our official Bitcoin casino where you can play BCH slots, BCH poker, and many more BCH games. Every game has a progressive Bitcoin Cash jackpot to be won!

The post China Releases New Crypto Rankings appeared first on Bitcoin News.

Similar to Notcoin - TapSwap on Solana Airdrops In 2024

origin »

Emerald Crypto (EMD) на Currencies.ru

$ 0 (+0.00%)
Объем 24H $0
Изменеия 24h: 0.00 %, 7d: 4.67 %
Cегодня L: $0 - H: $0
Капитализация $0 Rank 99999
Цена в час новости $ 0.0086961 (-100%)

rankings crypto china new center releases bitcoin

Источник: news.bitcoin.com

rankings crypto → Результатов: 80


Фото:

Bitcoin Places 15th In Chinese Crypto Rankings, EOS Takes Top Spot

In an interesting take, China’s Center for Information and Industry Development (CCID) has released its latest cryptocurrency rankings on March 22, 2019, to mixed reviews. Making the List When most people think of ranking cryptos, they would think of judging them by their market capitalization, market value or simply popularity, though this isn’t the casewithRead MoreRead More.

2019-3-25 20:00


Tron Dethrones Ethereum In New Chinese Crypto Rankings

Tron made its first debut in the Ministry of Industry and Technology Development China’s ranking and came close to the top of the list, displacing Ethereum and other cryptos except for EOS. Due to the troubling condition of the crypto market, which sent some cryptos prices rising and others falling in price, the CCID China […] The post Tron Dethrones Ethereum In New Chinese Crypto Rankings appeared first on ZyCrypto.

2019-2-28 20:59


Despite the successful mainnet launch, Zilliqa (ZIL) dropped in the crypto rankings. Why?

There is a famous investing adage: “buy the rumor, sell the news.” If you observe crypto markets for a certain amount of time, this advice has been proven true more times than not. Markets are typically driven by emotion and because of this when a rumour with expected positive sentiment comes out, it generally means […] The post Despite the successful mainnet launch, Zilliqa (ZIL) dropped in the crypto rankings. Why? appeared first on CaptainAltcoin.

2019-2-10 17:13


Фото:

Markets Update: Top Crypto Assets Open 2019 With Slow Month of Trading

The leading cryptocurrency markets have seen a slow start to the year, with the top three markets by capitalization shedding between 10% and 37% since early January’s local highs. January has also seen volatility in market cap rankings, with XRP and ETH competing for the second largest crypto asset capitalization, and EOS, USDT, and BCH […] The post Markets Update: Top Crypto Assets Open 2019 With Slow Month of Trading appeared first on Bitcoin News.

2019-1-30 11:45


Ripple’s XRP Retakes Second Position From ETH in Crypto Rankings Despite Descending Triangle Breakdown

Ripple’s XRP has retaken the position of second largest cryptocurrency by market cap after overtaking Ethereum’s cryptocurrency ether for a second time within the last two months. XRP overtook Ethereum for the first time around mid-November amid bearish drops across the market where XRP held its value better than Ethereum.

2019-1-10 18:19


What will be a success for Litecoin (LTC) in 2019? Probably just staying alive.

Litecoin has been in existence since 2011. The market was swept with new altcoins (shitcoins?) in the last two years which saw Litecoin drop behind in media coverage and buyer’s attention. Once second largest cryptocurrency, Litecoin got pushed down by new projects one by one to its current 7th position in the rankings of crypto […] The post What will be a success for Litecoin (LTC) in 2019? Probably just staying alive. appeared first on CaptainAltcoin.

2018-12-24 03:45


Фото:

Ripple Opens Swell With Another Flip and Another Release

Say what you like about the folks at Ripple Labs, but they sure know how to organize a party. The creators of the XRP token are expected to open the annual Swell conference in San Francisco with several major deliveries, including a keynote speech from a former president, another jump in market cap rankings and new […] The post Ripple Opens Swell With Another Flip and Another Release appeared first on Crypto Briefing.

2018-10-2 17:44


дальше еще 31 новостей →

Партнеры Currencies.ru

Реклама на Currencies.ru

Самое свежее на Currencies.ru

Spanish City Lebrija Launches Local Virtual Currency ‘Elio’

The city council of Lebrija has created a virtual currency ‘Elio’ that can only be used for payments made to small and medium businesses, according to a report by Diario de Sevilla. Read more: Spain’s Second-Largest Bank Will Soon Launch Crypto Services: Sources

Bitcasino Announces XRP Support, Bringing Fast Transactions and Low Fees to the Game

Bitcoin Press Release: Leading bitcoin casino Bitcasino has added support for the third largest cryptocurrency XRP, allowing all platform users to bet with ripple.    16 April 2020 – The world’s first licensed Bitcoin-led casino operator, Bitcasino, now accepts Ripple payments, making XRP the next cryptocurrency to enjoy the casino’s wide range of games.