China's state-backed tech workgroup has released its fifteenth blockchain engineering science assessment, in which it promoted Ethereum to second place later on its contempo hard fork.

The Centre for Data and Industry Development (CCID) released the list on December. half dozen, ranking 35 assets in full.

In the latest rankings, EOS kept its summit spot, Ethereum moved from third to second, trading places with Tron (TRX). Bitcoin's (BTC) network is ranked ninth, while Ripple did not even make the elevation 10, coming in at 18th.

Top 20 blockchain networks per CCID's 15th assessment

Superlative 20 blockchain networks per CCID's 15th assessment. Source: CCID

Ethereum'south ascent

Ethereum's promotion can be attributed with a moderate caste of certainty to its contempo network upgrade. Before the hard fork took place, Ethereum co-founder Vitalik Buterin claimed that the network will reach over 3,000 transactions per second later on the update.

The upgrade has also seen wide support, with several popular exchanges announcing that they were going to update their nodes ahead of the hard fork. All the same, some experts merits that the update is not enough and that Ethereum is far from becoming the "globe computer" that it was marketed as.

Cathay'due south blockchain adoption

Recent reports propose that blockchain is increasingly being developed and adopted in China. Merely yesterday, Cointelegraph reported that China plans to comport the beginning existent-world exam of its fundamental banking concern digital currency and that Banking company of China issued 20 billion yuan ($2.eight billion) in blockchain-based bonds for small and micro-enterprises.