China’s Center for Information and Industry Development (CCID) has released the 13th update of its ranking of global crypto projects, with EOS remaining at the top while two have been added since its previous update in May.
Of the total 37 projects ranked, second and third place were Ethereum and TRON – swapping positions with each other from last time. TRON was only added to the list in February, debuting at number two.
Bitcoin, the world’s largest cryptocurrency by market capitalization and volumes traded, came in at 11, one place higher than its May showing.
Cosmos and Zilliqa Added
The two debutants were Cosmos and Zilliqa: the former debuted at number 10 – one place above Bitcoin – while Zilliqamade its first appearance at 24.
Cosmos describes itself on its website as a “decentralized network of independent parallel blockchains” that can “scale and interoperate with each other”.
Cosmos has ranked highly on other lists: by developer activity it was ranked first in April this year. According to State of the Dapps website, it currently ranks fourth by the same metric.
Zilliqa, meanwhile, says it is a “scalable, secure public blockchain platform”, that uses sharding – a method for distributing very large data sets across multiple machines or networks. On its test net Zilliqa said it achieved a throughput of 2,828 transactions per second.
The methodology for the rankings used by the CCID was unchanged and involves three basic categories: basic technology, applicability and creativity.
- Basic Technology: this sub index accounts for 65% of the total ranking index and evaluates the function, performance, safety and decentralization of the public chain
- Applicability: this sub index is 20% of the total and evaluates how easily the public blockchain is able to support practical applications and assesses node deployment, wallet application, development support and application implementation
- Creativity: this sub index is worth 15% of the total and examines the continuous innovation of the public chain based on factors such as number of developers, how often the code is updated and which other projects have influenced the code
The Table in Full
So, here’s the CCID full rankings: