Blockchain News

EOS and Ethereum remain at top of Chinese blockchain technology rankings

The latest blockchain technology rankings from the China Electronics
and Information Industry Development Research Institute (CCIDI) have come in –
placing Bitcoin in 15th while EOS and Ethereum remain top of the pile.

The findings appear in the ninth index from CCIDI, with EOS
having maintained its position at the summit since June. Ontology, GXChain and
BitShares rounded off the top five, with NULS, NEO, Nebulas, Komodo and Steem
completing the top 10.

Each blockchain technology is ranked based on the basic
technology, its applicability, and creativity. This can be seen as something of
a vague analysis, but to give an idea of which blockchains fared best, EOS top
scored on the tech side with 102.2, Ethereum polled highest on applicability
with 29.3, while Bitcoin came top in creativity with 34.9.

Despite Bitcoin’s relatively poor showing outside of
creativity – it scored 44.1 and 17.3 for basic tech and applicability
respectively – the latest figures showed an improvement from the previous index
where it placed at #18.

Many of the blockchains in the CCIDI analysis will be
familiar to readers of this publication. Ethereum Classic, which was suspended
from Coinbase earlier this month
over irregularities including alleged
double spends, placed at #19. Ripple, positioned one place beneath Ethereum
Classic, last
partnered with the Institute for Fintech Research at Tsinghua University
in Beijing for a scholarship program.  

IOTA, meanwhile, was placed at #13 breaking 100 with its
total score of 100.4 thanks to solid scores across all three disciplines. In
April, Suren Arustamyan, COO at JeraSoft, reviewed
IOTA for this publication
and said that while its main advantages were the
absence of commissions, the possibility of conducting micro-transactions and
the high speed of operations, security still needed to be ironed out.

EOS scored 146.9 to finish in the top position, with a significant gap to Ethereum (134.1) before an even wider gap to Ontology (112.7), GXChain (110.8) and BitShares (109.4). You can take a look at last month’s results here.

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