After Hard Fork, Ethereum Takes Second in China’s Blockchain Rankings
Adrian Zmudzinski's original article for cointelegraph.com reduced by 75%
China's state-backed tech workgroup has released its fifteenth blockchain technology assessment, in which it promoted Ethereum to second place after its recent hard fork. In the latest rankings, EOS kept its top spot, Ethereum moved from third to second, trading places with Tron. Bitcoin's network is ranked ninth, while Ripple did not even make the top ten, coming in at 18th.Top 20 blockchain networks per CCID's 15th assessment.
Before the hard fork took place, Ethereum co-founder Vitalik Buterin claimed that the network will reach over 3,000 transactions per second after the update. Still, some experts claim that the update is not enough and that Ethereum is far from becoming the "World computer" that it was marketed as. Recent reports suggest that blockchain is increasingly being developed and adopted in China.
Just yesterday, Cointelegraph reported that China plans to conduct the first real-world test of its central bank digital currency and that Bank of China issued 20 billion yuan in blockchain-based bonds for small and micro-enterprises.
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