Altcoin News: China Has Published Another Cryptocurrency Rating

August 1, 2019, by Marko Vidrih on ALTCOIN MAGAZINE

According to the new rating published by the Chinese government, Bitcoin remains outside the top 10 cryptocurrencies, while EOS, ETH, and TRX took the first three places in the list.

The Center for Information Technology of China (CCID) issued another cryptocurrency rating, in which Bitcoin was ranked 11th, and EOS took the leading position again. Note that CCID began issuing ratings of basic cryptocurrencies in 2018 and currently evaluates only 37 crypto active assets.

Each cryptocurrency receives points in three categories: “Basic technology”, “Applicability” and “Creativity”. The rating results have long been controversial, since the CCID seems to have preferred Chinese blockchain projects over more decentralized alternatives, including Bitcoin.

Image credit: CCID

Judging by the results of the last rating, the position of the CCID has not changed. First place went to the domestic EOS platform, gaining a total of 153.1 points. Bitcoin at the same time received only 103 points. The second line was ETH, which scored 148.6 points. The remaining three places in the top five went to Tron, NULS and GXchain.

Recall that in the March ranking Bitcoin took the fifteenth place, and EOS, ETH and TRX were also the three most highly appreciated cryptocurrencies.

Author: Marko Vidrih