I saw this today online:
China’s Center for Information and Industry Development, or CCID, revealed on June 18 that its 18th CCID Global Public Chain Technology Evaluation Index. This index ranked 37 well-known global cryptos using technical specifications.
According to the table published by local media Chainnews, 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.
At the top of the table, EOS leads the ranking with 156.1 points, followed by TRON with 138.43 points and Ether (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.
How can China's CCID deem Bitcoin in such a low standing on this chart? Their very central bank proclaims that Bitcoin is the future practically. I don't get this.
Technically Bitcoin cannot compete with the top three cryptocurrencies in this list. If we talk about market cap then it way beyond the reach of all the cryptocurrencies in the market.
The ranking is based on technical specifications and not on popularity. Anyways I and most of my fellow members will not care about this ranking because it comes from China.
