Author Topic: Chinese Government Ranks Ethereum 1st, Bitcoin 13th in Crypto Index Rating (Read 1938 times)

Henrikbliss · « **on:** May 17, 2018, 07:19:21 PM »

The Ministry of Industry and Information Technology of China has published its ranking of blockchain networks, evaluated according to three criteria: technology, application and innovation.

The list rates types of projects in the cryptocurrency sector and puts Ethereum at the top (not very surprisrising as ETH is considered the mother of tokens). Steem came in as second followed by Lisk, NEO and Komodo. However, the most surprising aspect of the aspect of the ratings was that Bitcoin, the first blockchain project was placed at the 13th position.

Read More: https://news.bitzamp.com/chinese-government-ranks-ethereum-1st-bitcoin-13th-in-cryptocurrency-rating/

Altcoins Talks - Cryptocurrency Forum · « **on:** May 17, 2018, 07:19:21 PM »

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cowz · « **Reply #1 on:** May 20, 2018, 12:43:17 PM »

Not really all that surprising, bitcoin doesn't do anything special. Just something to collect whereas the other coins can let you run ICOs and do other functions as well

Bitcoinjambi · « **Reply #2 on:** May 31, 2018, 11:41:09 PM »

wow. . it turns out that many Chinese citizens prefer tokens rather than coins, it is beyond the belief that bitcoin is actually rated below

mrbitcoin · « **Reply #3 on:** June 18, 2018, 10:17:47 AM »

excited for the Komodo Platform's future

altcoingamer · « **Reply #4 on:** June 18, 2018, 09:29:24 PM »

I think the market shows what is fair.. people are willing to pay what they perceive it to be worth, so any sort of price index should be looked at on the charts over some usefulness factor.. A swiss army knife may be more useful on a deserted island but that does not mean its more valuable than a Mona Lisa painting.

fulled · « **Reply #5 on:** June 20, 2018, 02:58:35 PM »

I agree with Chinese goverment, Ethereum is futuristic and revolutionaire, i think almost every aspect on social life can handle by Ethereum technology soon