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Topic: China right to give EOS Blockchain number 1 rating? (Read 67 times)
Wow I see this is good news although Chine still has blocked Bitcoin I see this is a good move,
All the ratings are subjective, and it is not easy to value different projects, may be the only one objective criteria is the price of a coin or token. But at the same time, countries and specialists have the right to make their own ratings.
And it's just their own ratings, not the world bitcoin users rating, so don't make it seriously, EOS can be a good new ecosystem, but it's still new, need time to develop and prove its value
This is good news but I don't quite agree. With a year long ICO and $4b, they could've done better. There are still flaws in that need to be fixed.
My point exactly, EOS is the most successful ICO in the crypto sphere raising over $4bn and after main net launch, they come up with a crappy main net. Over 10 bugs were found in the first 5 days and the bugs keeps coming.Recently, their Blockchain was questioned for decentralization. See post here https://www.reddit.com/r/CryptoCurrency/comments/8t9unt/eos_decentralization_questioned_again_as_block/
I don't understand why a decentralized Blockchain will be able to freeze accounts without Consensus. And China went ahead to rate it number 1? Its ridiculous to me.
This Post (https://www.ccn.com/china-ranks-eos-as-the-1-blockchain-bitcoin-doesnt-make-top-ten/) shows the table of the top Blockchains we have. It compromises of blockchains like that of Ethereum, EOS, Cardano , neo etc all in the top 10. But the pioneer of Blockchain technology, Bitcoin, doesn't make the top 10 list and EOS is number 1. Is it just me or is this ranking outlandish?
Don't worry there's so many country in the world. China can give their own top 10 anything they want. But bitcoin is top in the world. without bitcoin let's see how many of their top 10 still standing.
All the ratings are subjective, and it is not easy to value different projects, may be the only one objective criteria is the price of a coin or token. But at the same time, countries and specialists have the right to make their own ratings.
As for me, I wont ignore the fact of a good PR. At least we have already seen so many fake news that were made only for cocrete aims, so... Only timewill answer.
This Post (https://www.ccn.com/china-ranks-eos-as-the-1-blockchain-bitcoin-doesnt-make-top-ten/) shows the table of the top Blockchains we have. It compromises of blockchains like that of Ethereum, EOS, Cardano , neo etc all in the top 10. But the pioneer of Blockchain technology, Bitcoin, doesn't make the top 10 list and EOS is number 1. Is it just me or is this ranking outlandish?
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