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EOS Retains Lead in China’s First Blockchain Ranking of 2019

By Katelyn James | February 1, 2019
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EOS Retains Lead in China’s First Blockchain Ranking of 2019

China’s Center for Information and Industry Development (CCID) has released (Jan 24) its first ranking of public blockchains for the year which rates 34 different projects. EOS and Ethereum “still firmly” occupy the top two positions on the list, CCID noted.

Three sub-indices are used to rate the projects as part of determining their ranks: basic technology, applicability, and creativity. CCID was reported by media as explaining last month that “public blockchains with high performance and support for general application development are generally ranked high”.

Of the latest survey, CCID said “the average value of the underlying technology index has decreased from the previous period” although the applicability index is still roughly the same. CCID first began publishing the ranking in May 2018 with a list of 28 projects, and has updated it on a monthly basis since.

In this month’s list, EOS is ahead of the pack – and has been since June 2018 – followed by Ethereum, and Ontology to round out the top 3. Ontology is a customizable blockchain project from China, and first made its debut last month in joint 4th place with Komodo. Since December, Bitcoin and Bitcoin Cash have also made some progress – improving from 18th to 15th, and from 30th to 28th places respectively.

Meanwhile, CCID said Ethereum Classic has been downgraded from 15th to 19th place primarily due to concerns over its alleged 51% attack, which Ethereum Classic has denied before. Also, CCID shared that Ethereum’s Constantinople hard fork upgrade is expected to be considered in the next evaluation cycle.

CCID is a scientific research institution operating under the administration of the Ministry of Industry and Information Technology of China.

 

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