The Chinese Government agency, the Center for Information and Industry Development (CCID) has released its ranking of the public blockchain on the basis of their technical prowess. Thirty-Five cryptocurrencies were technically evaluated: the three most popular Dapps platforms EOS, Tron and Ethereum attained the top three positions.
According to the press release by CCID, it is reported that the CCID Global Public Chain Technology Evaluation Index is released by CCID (Qingdao) Blockchain Research Institute. The evaluation work is organized and implemented by CCID Blockchain Research Institute, CCID Think Tank and China Software Testing Center participate.
CCID Rankings are released every month, this was the 11th release of the ranking since its beginning in May 2018. The evaluation model is consistent with the previous issue and is still evaluated in three main areas: basic technology, application, and innovation.
Ethereum has risen to the third place after the Constantinople update and also gained three positions concerning the Basic Technology Index (a sub-Index of the rankings) of the CCID rankings.
On the innovation front, Bitcoin is still ranked first followed by Ethereum (ETH), EOS, Litecoin, and Application Chain. According to CCID, Innovation focuses on the continuous innovation of the public chain. The survey points include developer size, code update, and code impact. Bitcoin’s Lightning Network (LN) has developed enormously since 2018.
The Public Evaluation Index forms an authentic reference for the people around the world as its independent evaluation confirms their authenticity and also provides a scale of comparison for the developers.
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Nivesh from Engineering Background is a full-time Crypto Analyst at Coingape. He is an atheist who believes in love and cultural diversity. He believes that Cryptocurrency is a necessity to deter corruption. He holds small amounts of cryptocurrencies. Faith and fear are two sides of the same coin. Follow him on Twitter at @nivishoes or mail him at nivesh(at)coingape.com