China’s Institute Puts EOS and TRON Over Ethereum and XRP In Its Blockchain Ranking

China, which periodically releases rankings of various cryptocurrencies based on technology, application and innovation, has released yet another list – and EOS remains on top with Bitcoin (BTC) moving up three spots. Bitcoin has been ranked 12th, losing points for its technology.

The TRON comes second with Ethereum, STEEM, and Ontology (ONT) rounding out the top 5.

The list, formed Center for Information and Industry Development in collaboration with China’s Ministry for Industry and Information Technology, is government-backed and the cryptocommunity is generally does not find the list very agreeable – many doubts have been placed on both EOS and TRON, and the ranking of BTC on previous lists has irked some.

China has shown a lot of interest in blockchain technology, and Alibaba and Tencent, among others have taken steps towards implementing and encouraging it.

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