China Electronic Information Industry Development (CCID) Blockchain Research Institute has placed EOS as the number one public blockchain projects. Previous Rating shows Ethereum was the number one project. This is their second rating. Now Ethereum holds second position and NEO holds Third position.
Rating was done on the basis of technological capabilities and use cases. Rating EOS number one is quite interesting while the project faces lot of criticism about their security and Decentralization. Account Freezing to Security threat are talking poin of EOS till its launch.
China previously ban Cryptocurrency and ICOs at the end of the last year. Even they have taken stern against any crypto related dealings. Now, It looks like China is excited about blockchain technology. China has taken Blockchain before Bitcoin policy.
Cryptocurrency Market is down now. Almost all coins are in the red zone. As Bitcoin holds the lion share, Market moves with Bitcoin prise. For the first time Bitcoin price reaches below $6k after reaching all time high of $20k. Currently, It is trading at $6.2k
What is your overall prediction and opinion on Cryptomarket? Leave your comment on the best blockchain project rating by China?
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