China Ranks EOS as the #1 Blockchain, Bitcoin Doesn’t Make Top Ten

Last week, China Electronic Information Industry Development (CCID) updated its blockchain rankings that previously ranked Ethereum as the best blockchain network in the global market.

After pausing its blockchain network subsequent to the discovery of critical bugs, suspending 27 user accounts without reasoning, and receiving criticism from prominent experts like Cornell University professor Emin Gun Sirer and smart contracts pioneer Nick Szabo, EOS was ranked by the Chinese government as the best blockchain network in the world, ahead of Ethereum.

The Chinese government ranked EOS at the top, claiming EOS is the best blockchain network in the world by technology and innovation, as seen in the table below provided by