A research institution for electronic information industry in China, CCID has released a publication recently. This publication involves the blockchain technology assessment. CCID is a research institution which is operated under the guidance of the Ministry of Industry and Information Technology of China, and hence the publication that it released is reliable.
CCID planned to know the most effective cryptocurrency that is present in the market and hence started to carry out research. As there are so many types of cryptocurrencies in the market, it was tough to pick the best and effective one out of them. The company took three factors into consideration and evaluated the cryptocurrencies. The three factors are
As the institution conducted thorough research on the types of cryptocurrencies available in the market according to these three parameters, EOS topped the list. Tron and Etherum came in 2nd and 3rd position respectively.
The score that EOS bagged was-
Technology: 103.7 and
Tron is the digital currency that scored the second rank in the same assessment. It scored 95.6, 24.3 and 24.1 in technology, applicability, and creativity, respectively. The third-ranked cryptocurrency was Etherum, which scored a creativity score of 31.0 and technology score of 76.6.
The main reason for this research is to know which coin is more effective among crypto enthusiasts. One thing that has left everyone in shock is Bitcoin, the largest cryptocurrency in the world not making it into the top 10 at least.