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    Home » Chinese cryptocurrency rating lowered Bitcoin to 18th place

    Chinese cryptocurrency rating lowered Bitcoin to 18th place

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    By BlockchainJournal on December 24, 2018 News
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    The Chinese Information and Industry Development Center (CCID) creates ratings of digital assets that were first published in May of this year. In total, the rating includes 34 top cryptocurrencies, which compete on the basis of such indicators as "basic technologies", "applicability" and "creativity". But the results of these ratings often cause controversy, especially regarding the consistently low Bitcoin cryptocurrency rates.

    EOS, starting from June, always in the first place, and Ethereum (ETH) cryptocurrency took the second place. Domestic Chinese startup GXchain also ranked third. Bitcoin this time dropped to 18th place.  

    CCID representatives wrote the following in the accompanying comments:  

    Publicly available Blockchain projects with high performance and support for general application development are usually rated higher.  

    It is worth noting that CCID awarded BitShares seventh place (BTS), a project in which the same creator as EOS, Daniel Larimer participates.

    And what do you think about this?  

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