RATE Group | Bitcoin Falls to 19th[!] in China’s Latest Blockchain Rankings
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Bitcoin Falls to 19th[!] in China’s Latest Blockchain Rankings

04 Nov Bitcoin Falls to 19th[!] in China’s Latest Blockchain Rankings

Posted at 16:16h in Bitcoin News by

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China bitcoin



A latest blockchain ranking report has put Bitcoin behind the new blockchain projects like EOS and Ethereum.

The 6th Global Public Blockchain Technology Assessment Index, published by the China Electronic Information Industry Development (CCID), a government organization, listed bitcoin at the 19th position according to technological merits. At the same time, blockchain projects that surfaced after bitcoin took prime spots, with EOS topping and Ethereum, Nebula, Ripple, NEO, IOTA, amongst others, following closely.

The index judged a total of 33 public blockchain projects based on their underlying technology, applicability, and creativity. While Bitcoin has been unable to beat many of its closest blockchain peers on all the mentioned parameters, it still has managed to stay ahead of its forked version, Bitcoin Cash, which stands at the 31st spot on the index.

Interestingly, the same index report from August had put Bitcoin among the top ten…

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