Ultimate magazine theme for WordPress.

EOS, Ethereum and Komodo as the Top Blockchains in Latest Chinese Index


The Chinese government’s China Electronic Information Industry Development (CCID) department has released its 4th round of public blockchain index rankings.

This round of rankings was notable as it added 2 notable projects to the list: Tezos (XTZ) and Nuls (NULS).

Tezos is a blockchain platform that boasts a number of next-generation features, including the ability to essentially self-evolve by upgrading itself over time without having to hardfork and cause a divide in the community.

- Advertisement -

Nuls, which launched its mainnet in early July, is an open-source project with a highly customizable modular blockchain infrastructure that supports smart contracts and parallel expansion.

According to the index scoring, which is broken out by technology (left column), application (middle column) and innovation (right column), South Korea-based EOS (EOS) grabbed the top spot for the 3rd consecutive time.

EOS is well-known for its delegated proof-of-stake (DPoS) consensus model which works to speed up transactions and block creation at the expense of some level of decentralization. The project recently released EOSIO Version 1.2.0, which brought MongoDB enhancements and a simple way for external extensions to integrate with a blockchain node.

Ethereum (ETH) has been steadily ranked 2nd over the previous months while Bitcoin (BTC) moved up to the 8th spot after ranking it 16th last time. Komodo (KMD), a blockchain platform that recently achieved 20,000 transactions per second, was perhaps the biggest riser, jumping from 9th to grab the third-ranked spot.

Ethereum and EOS are additionally ranked 2nd and 5th, respectively, in the AltDex 100 Index (ALT100), a benchmark index for large-cap cryptocurrencies and tokens.


Leave A Reply

The team of DiaryCoin would like to keep you updated with the lastest crypto-news

Would you like to?