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    Home » China released its official cryptocurrency rating for October 2019

    China released its official cryptocurrency rating for October 2019

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    By BlockchainJournal on October 29, 2019 News
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    The China Information Technology Industry Development Center (CCID) has published the 14th cryptocurrency rating. The composition of the three leaders remained the same, but not without a small, but quite remarkable rotation.

    The traditional leader in the ranking is EOS . This time the coin received 151.8 points for manufacturability, practical value and innovativeness.

    TRON cryptocurrency overtook Ethereum , taking second place. Chinese experts lowered Ethereum's grades for manufacturability, which is why the coin lost 13 points.

    Bitcoin received a slight increase to its previous assessment and retained its 11th position in the CCID rating.

    The most noteworthy jump in the Qtum cryptocurrency is that it has risen from 18th to 10th place. The founder of the Qtum blockchain platform, Patrick Dai, in his Twitter commented that the coin “looks better than last time,” although the standards for evaluating it remained unclear to him.

    Note that on October 17, as a result of the Qtum blockchain hard fork, the functionality and performance of smart contracts were improved, which could lead to high marks from Chinese experts for innovation.

    Publication date 10/29/2019
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