China's Latest Government-Backed Crypto Put BTC 17th and EOS at 1st in Rankings

June 20, at the Shanghai Science Hall, Dubbed the “Global Public Chain Technology Evaluation Index,” this latest round was announced , and ranks EOS 1st, Ethereum (ETH) 2nd, and Bitcoin (BTC) 17th, out of a total of 30 cryptocurrencies.
EOS’ top ranking is attributed to the “outstanding technical advantages in transaction confirmation efficiency, network throughput, and transaction costs” of the protocol.
In the most recent high-profile case, China’s President Xi Jinping included blockchain as an example of a “new generation” of technologies that are accelerating “breakthroughs” in reconstructing the global innovation map and reshaping the global economic structure.