China has a difficult relationship with cryptocurrencies. It has banned banks and retailers from accepting them, then creates its own “anti-bitcoin” to track money transfers.
The nation had the most blockchain patents in the world in 2017. And now China has decided that of all the blockchain networks in the world, EOS is the best, based on its technology and innovation. That’s the same EOS that is working to knock Ethereum off the top of the blockchain food chain, despite some bugs that may still be in the system.
Well, where China’s government — specifically the China Electronic Information Industry Development — is concerned, Ethereum is an also-ran, CCN said Monday. The publication also included a chart created by Coinness to show how China ranks the blockchain networks. Read more here.