The new ranking prepared by the CCID (China Center for Information and Industry Development) with regard to the different blockchain has been published and, as reported by the CEO of Block.one himself, Brendan Blumer, EOS is once again confirmed as the best.
Congratulations #EOS for once again being recognised as the top #blockchain technology by China’s Center for Information and Industry Development, under China’s Ministry of Industry and Information Technology. Much deserved credit from an unbias 3rd party. pic.twitter.com/OZ8azlEuqz
— Brendan Blumer (@BrendanBlumer) June 19, 2020
This ranking examines different elements of a blockchain such as technology, applicability and creativity. A score is given and, based on the sum of these parameters, a ranking is produced, determining the best blockchain.
Over time, this ranking has accustomed us to see different projects rise and fall, while the only project that has never changed position is EOS, which is always in first place, demonstrating how this blockchain can provide everything that a user may want in this sector:
- fee-free system,
Going into detail about the other positions in the ranking, in second place there is TRON (TRX) which, apparently, has benefited from the latest news such as the stablecoin launched a few months ago and the upcoming phase 4.0 to integrate new systems such as on-chain privacy.
In third position, a few points away from TRON, there is Ethereum (ETH). For its part, Ethereum has an ace up its sleeve: the PoS (Proof of Stake) upgrade, and when it is implemented there will perhaps be a turnaround of positions.
Interestingly, the IOST blockchain, which uses PoB (Proof of Believability) as a consensus protocol, is in fourth place.
IOST is a good alternative system to the more famous blockchains, with much lower costs and the possibility to create different types of tokens (from normal to NFT). They recently launched an event in Japan, during which the blockchain was chosen also in the medical field.
Meanwhile, Bitcoin (BTC) has to settle for position 12. This ranking sees the first cryptocurrency for capitalization showing signs of time and a standstill despite the various advances and improvements that have been made.
Shifting to the end of the ranking, we find Decred (DCR) which uses a hybrid PoW/PoS consensus system with the aim of becoming a DAO (Decentralized Autonomous Organization).
In the penultimate positions, we find IOTA and then Tezos (XTZ). Apparently, XTZ’s new reward and staking system were not enough to get a higher score.
Even Cardano (ADA) is still stuck at the bottom of the ranking, despite the numerous recent updates.