China Published its 20th Blockchain Assessment Report

  • It is observed in the report that 37 well known public chains were ranked in three different aspects
  • As the previous report or the 19th blockchain assessment report, EOS, Ethereum, IOST, Tron, and NEO were in the top five among the projects’ list

Chinese government-sponsored the research institute of China Electronic Information Industry Development (CCID) and published its 20th blockchains assessment report. According to the report, the top five virtual currencies are EOS (EOS), Ethereuem (ETH), IOST (IOST), Tron (TRX), and Dash (Dash).

The projects were ranked in different categories

It is observed in the report that 37 well known public chains were ranked in three different aspects. The three elements were necessary technology, creativity, and applicability. The basic technology is based on the features, performance, safety, and decentralization of each token. Applicability is based on application implementation. Creativity checks the code update influence on the developer’s scale.

Comparison of First Five projects with the previous report

As the previous report or the 19th blockchain assessment report, EOS, Ethereum, IOST, Tron, and NEO were in the top five among the projects’ list. However, several crypto tokens maintained their position in the list. Comparing the latest report and previous report, we observed that EOS held its position by ranking number one in the list with a total index of 145.5. Ethereum maintained its position by ranking as the second in the list with a comprehensive index of 138.8. IOST is observed holding its rank by staying at the third position in the list with the total index of 134.4. At the fourth position in the list, TRON also maintained its level according to the previous report, with a total index of 132.2. Though it is observed that NEO is unable to maintain its rank in the list, as Dash takes the fourth position with the total index of 114.9. 

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Source: CCID Blockchain research institute 2020.10

In the last report, NEO took the fourth position, and now Dash took its place, after which NEO was seen at the 8th position in the list. However, in the 19th report, Neo has a total index of 110.1, whereas current shows that NEO’s total index has decreased to 107.8.

Concerns about Bitcoin and Ethereum’s position in the list

Compared to the previous evaluation, crypto tokens like Dash, Litecoin, Bitcoin, and Ethereum Classic have significantly inclined in the list. If we compare the position of such tokens in the list, it is observed that Bitcoin jumped three steps and reached to 11th position. Ethereum Classic jumped three steps and took its position at 19th place. Litecoin jumped six steps to take its position at 26th place. Dash jumped five steps to the 5th position.

However, the last five crypto tokens were IOTA with the total index of 71.1, Bytecoin with 77.2, Decred with 79.4, Cardano with 79.5, and the previous Stratis the total index of 82.3.

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