Tron Reclaims its 2nd Position by Overtaking Ethereum in China’s Blockchain Ranking

Must Read

Can XRP defend its price?

Could XRP defend its price action, and rise back to $0.30? Here is my view on how...

With a 110% increase in crypto wallet adoption rates in 2020 are we set for another Bitcoin boom?

2020 has been a massive year for crypto adoption. In July alone, over 3.5 million crypto wallet app downloads...

DeepTradeBot: The innovation of large companies at your service

DeepTradeBot is a collection of automated trading tools developed by Deep Neuro Networks LTD, a London, England-based company...
- Advertisement -BTCClicks.com Banner
Earn Free Bitcoin

Tron (TRX) has taken its 2nd position from Ethereum in China’s “Global Public Blockchain Technology Assessment Index.”

In CCID’s previous report, the 16th largest cryptocurrency by market cap of $1.3 billion, Tron dropped one spot down to 3rd place. Tron was replaced by Ethereum (ETH) which has been yet again overtaken by TRX.

Tron scores better than Ethereum in basic technology while Ethereum beats Tron in creativity and applicability in China’s CCID blockchain tech ranking.

A research institute, China Electronic Information Industry Development (CCID) works directly under China’s Ministry of Industry & Information. The institute offers its consulting services to the government.

Interestingly, Tron Foundation’s latest partner, Steemit also made it to the 5th place. The platform has been acquired by Tron founder and BitTorrent CEO Justin Sun.

Last week, Tron Foundation announced a strategic partnership with Steemit which will be migrating to Tron Network.

While Ethereum and Tron kept on one-upping each other by shuffling on the second and third place, the leader of the CCID’s crypto project’s ranking remained constant throughout. EOS is the one that leads the index by scoring the highest in the basic tech.

Basically, all three of the smart contract crypto projects that are competing in the decentralized application (Dapp) sector took the first three places.

Just like EOS, Bitcoin maintained its position at 11th place like last time. The world’s leading cryptocurrency got the best score in the creativity category.

Meanwhile, Stellar Lumens (XLM) and Ripple (XRP) got 12th and 13th places respectively. While XRP scores better in creativity, XLM takeover XRP in basic tech and applicability.

- Advertisement -
- Advertisement -

Latest News

Wyoming Amends Insurance Code to Allow Insurance Companies to Invest in Bitcoin & other Cryptos

In the first provision of its kind, Wyoming is allowing the domestic insurers to invest...
- Advertisement -Earn Free Bitcoin

Flyp.me Instant Crypto Exchange Now Supports REN Token Trading

Decentralized finance is leading the way of the cryptocurrency industry, with the REN Protocol at the front. REN Protocol is...

BLOCKCHAIN OVERCOMES POSSIBILITY OF FRAUD, LACK OF TRANSPARENCY AND TRUST IN THE GAMBLING INDUSTRY

DATE: 07/08/2020 In a recent study carried out by the UK Gambling Commission reveals that the gambling industry has...

The Kuailian Ecosystem, Bringing Blockchain Technology To The World

10 years have passed since the birth of Bitcoin and the first use of Blockchain, a technology that has not stopped evolving,...

Its’ Finally Here A 100% Local Non-Custodial P2P Cryptocurrency Marketplace.

Finfreeotc is soon launching a one of a kind peer to peer cryptocurrency market place. Their marketplace is 100% non-custodial,...