China’s Electronic Information Industry Development Research Institute and the China Software Testing Centre has announced this months digital currency ranking in the country.
As per the previous rankings report released in the country, EOS was on top of Ethereum and Bitcoin acknowledged for its best blockchain network within the digital currency sector. This months rankings by CCID and CSTC (independent funded firms by the Chinese government) has marked EOS on the top of the global blockchain hierarchical within the global blockchain network.
According to this months report, China listed Ethereum at second position while Bitcoin at the tenth, even putting another altcoin’s above other major cryptocurrencies. This months list published is as under:
Komodo, Nebulas, NEO, Stellar, Lisk, GXChain, and Steem all surpassed Bitcoin, with robust points in flexibility and technology.In the previous months report Bitcoin was listed on 7th position while now its been shifted to even a lower rank.
Smart contract protocols and blockchain networks designed to support decentralised applications (dApps) can forever rank higher within the rankings of CCID, as a result of the factors utilized in the establishment of technology and application as the two main sections.
Nebulas has secured the 6th place within the ranking list as a result of its extended support to nearly more than 6500 dApps employing more than 33,000 transactions per second on its network.
Rather than this, stability and security are also one among the important vital parameters which should be considered in this very ranking that represents a good blockchain network.