CCID: BTC Not in The Top 10 Cryptocurencies




This has been revealed by China’s Centre for Information and Industry Development (CCID) on its 18th CCID Global Public Chain Technology Evaluation Index. This index ranked 37 well-known global cryptos using technical specifications.

Bitcoin (BTC) was placed in the 12th place with 106.2 points. The criteria used to evaluate cryptocurrencies include basic technology, applicability, features, performance, safety, creativity, and decentralization.

EOS remains leading the ranking with 156.1 points, followed by TRON with 138.43 points and Ethereum (ETH) with 136.4 points. The leading cryptocurrency scored 20.4 points in applicability and 24.7 in creativity, while the second place had 28.4 and 15.5 points, respectively.

It is an improvement for BTC as it has scaled up from previous ranking of the 17th place

The fourth and fifth places are IOST and LSK with 130.3 and 119.3 points, respectively, highlighting that XRP is in 14th place with only 105 points.

Bitcoin was even lower down the list in a previous ranking, at 17th place. At that time, it had a rating of only 43 points in terms of innovation and 19.9 for applicability.

Tron leads the ranking despite a tense relationship with Chinese authorities

Tron’s founder and CEO, Justin Sun, warned that Chinese authorities raised suspicions over the platform’s legal status. This has led to a tense relationship with Chinese authorities for Sun in recent days.

In 2019, an incident involving Tron led to Chinese police surrounding the project’s office in Beijing. New media at the time claimed that Tron’s office was raided by police.

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