Bitcoin Drops to 17 As EOS Ranks First In Chinese Gov’t Blockchain Index

[Henrikbliss]

The Chinese government has just released its second monthly Global Public Blockchain Assessment Index, ranking EOS as the best among the rated projects.

The index, created by the Chinese Electronic Information Industry Development (CCID) , considers 3 factors in its assessment: technological capability, usefulness of application, and innovativeness. Out of the 30 evaluated projects, EOS topped the list with an overall score of 161.5.

Ethereum, which came first in the previous ratings, dropped to the second position with a total index of 138.4. NEO, Stellar, and Lisk respectively took the spots following Ethereum. Nebulas, the only new project in the index other than EOS, ranked 6th on the list.

Bitcoin, the father of all cryptocurrencies and by far the biggest project in terms of market cap, came in at 17th, a drop from its previous position as 15th. The CCID evidently found Bitcoin lacking in its technological capability and usefulness despite its innovativeness.

See the full rating here: https://news.bitzamp.com/bitcoin-drops-to-17-as-eos-ranks-first-in-chinese-govt-blockchain-index/

[cortanababy]

Thanks your news and I know it now.

[btyco]

EOS doesn't even have a working product, how can it be ranked number 1! I bet they are just shilling because they are invested in it. NEO and Ethereum should be one and two

[CryptoZenWorld]

That's a great news for EOS supporter. The reason behind of being in no 1 rank might be due to its functionality and good perspective in future. Also, it is also in number 3 in coin capital market.