How Does Bitcoin Network Work? What Are BTC Nodes?
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2019-03-01 | Eddy Morgan
In line with a recent monthly '10th crypto-ranking report' published by CCID [China’s Centre for information and Industry Development], the major cryptocurrency Bitcoin [BTC] is placed at the 13th position, while Eos [EOS] is highlighted at the 1st position again.
Operating beneath China’s Ministry of Industry and Industry Technology, CCID 1st 'revealed' its monthly crypto ratings report, earlier in May last year, and was 'awarded' top altcoin position out of the original 28 coins including Ethereum [ETH].
In its new crypto rankings report, CCID has listed new entrants to their list, analysing 35 crypto coins rather than 34 crypto’s like in their 'previous report'. Having entered the rating list, TRON [TRX] has replaced Ethereum [ETH] from its 2nd position.
Previously 'listed' at the 15 position, the major cryptocurrency Bitcoin [BTC] has come up to 13th position within the CCID’s rankings.
NEM [XEM] has been placed with a lowest position at 35th position, having lost its higher position to another major altcoin Litecoin [LTC].
Since June last year, the CCID has been 'highlighting' Eos [EOS] as the top 'cryptocurrency' in terms of three main aspects: basic technology, application and innovation. Eos [EOS] is presently listed at '4th position' by market cap at the reporting time, accounting for $3.2 Bln of the entire market of around $130 Bln, in line with CoinMarketCap.
As recently 'reported', hackers managed to stole around $7.7 Mln in Eos [EOS] from a hacked account due to an alleged update failure by one of the EOS block producers. Earlier in Feb., the EOS team was 'reported' to have handled over a number of $10,000 USD bounties for major vulnerability reports.
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