Nano, Verge (XVG) And Qtum Rated Most Improved Project In China’s Latest Ranking - Today's Gazette - Cryptocurrency, Bitcoin News
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Nano, Verge (XVG) And Qtum Rated Most Improved Project In China’s Latest Ranking

Altcoins

Nano, Verge (XVG) And Qtum Rated Most Improved Project In China’s Latest Ranking

Nano, Verge (XVG) And Qtum – There is no doubt that that countless of companies in the developed world have began embracing and evaluating cryptographic projects than ever. In line with this, a state-backed tech workgroup in China, Information and Industry Development (CCID), released its 10th ranking assessment index for 35 crypto projects on February 26.

While the 35 projects were assessed based on basic technology, applicability and creativity, Nem (NEM) blockchain technology was ranked least with a total evaluation index of 71.9, and the like of Nano, Verge (XVG) And Qtum were rated the overall most improved crypto graphic projects.

Even though the three projects did not make it to the top ten position, they were recognized separately and given much credence due to their creativity as the latest rating attaches more points to creativity indicator.

Nano and Qtum were rated the 11th and 12th best cryptographic project with close range evaluation index of 104.7 and 104.6, Verge (XVG) was debuted on the 19th position with 95.4 points.

Also, the likes of EOS, Tron, Bitshares, Gxchain, and Nano were positioned top five best public chains in basic technology category based on functionality, safety, performance and decentralization.

Also READ  Pundi X POS Deployed In Hundreds Of Colombian Shopfronts, Supports Stellar, Verge, NEM

Similarly, Ethereum, NEO, Nebulas, Tron, and Ontology topped the most applicable blockchain projects in the crypto space.

CCID, the largest research and consulting company in China, in May 2018 evaluated 28 coins to release its first monthly rating report where Ethereum was rankled first. Since then, the firm has been releasing its report on monthly basis, and the latest report mark the 10th one.

Verge (XVG): How Crypto Adoption Works

Verge (XVG) is one of the major digital asset that is promoting crypto adoption. Through Verge’s continued efforts, firms like PornHub, Blunt Umbrella, BamB-U and some other reputable firms entered the cryptocurrency space.

With Verge link up with NetCents, several firms across the world are starting to trust in cryptocurrency becoming resellers of NetCents crypto gateway while also deploying it for their personal use.

Nano (NANO): The Zero-fee Cryptocurrency

Nano (NANO) aims at being the future of bitcoin be struggling to be more efficient, and becoming an indispensable alternative to paper money.

Also READ  Why Monero (XMR) And Vechain (VET) Could Be The Standard For Anonymity And Traceability In 2019

Nano aims to tackle the scalability issues which results in high transaction fees. The digital asset focuses on reducing the transaction time among other things.

QTUM: Brief About Quantum Blockchain

Qtum (QTUM), widely references as Quantum blockchain is being referred to as an open source blockchain tech platform using the security of UTXO and at the same time permitting diverse virtual machines including EVM and the revolutionary x86 VM.

The blockchain technology behind Qtum is PoS-dependent. It also survives on a Decentralized Governance Protocol (DGP).

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I am a lifetime Entrepreneur, Contributor @Thrive Global, @Oracle Times, @Coin Gape. Khalid Lawal is a lover of Blockchain technology and a junior analyst. • Hopes to be a venture capitalist one day. 

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