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 ofEthereum and Bitcoin acknowledged for its best blockchain networkwithin thedigital currency sector. This months rankings by CCID and CSTC (independentfundedfirms by the Chinese government) has marked EOS on the top of the global blockchainhierarchical within the global blockchain network.
According to this months report, ChinalistedEthereum at second position while Bitcoin at the tenth, even puttinganother altcoin’s above other major cryptocurrencies. This months list published is as under:
Komodo, Nebulas, NEO, Stellar, Lisk, GXChain, and Steem allsurpassedBitcoin, withrobustpoints inflexibilityand 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 supportdecentralisedapplications (dApps)can foreverrank higherwithin therankings of CCID,as a result ofthe factorsutilized in the establishment of technology and application as the two main sections.
Nebulas has secured the 6th placewithin theranking listas a result ofits extended support to nearly more than 6500 dApps employing more than 33,000 transactions per second on its network.
Rather than this,stabilityand securityare alsoone among the important vital parameters which should be consideredin this veryrankingthat representsa good blockchain network.