Steem Moves Up In Latest CCID Rankings To #5
The latest CCID Global Public Blockchain Technology Assessment Index came out. Once again, Steem moves up.
This is a report that comes out of China every other month that ranks the top blockchains based upon 3 factors. It ranks the basic technology, applicability, and creativity.
In the last reports, which came out in December, Steem was ranked 7th with a rating of 106.2.
https://bitcoinist.com/bitcoin-climbs-2-spots-on-chinas-latest-ccid-ranking/
The last couple months saw the rating of Steem move up to 109.5. This placed it 5th on the list.
https://u.today/eos-and-tron-trx-remain-top-coins-in-chinese-crypto-rankings-what-about-btc-and-eth
As we can see, the biggest jump was in the applicability category which went from 10.1 to 14.3. The other two categories saw a drop from the previous report.
The other interesting point is that Steem is only slightly behind Lisk for #4 on the list.
In spite of the bear market and all that is taking place, Steem keeps forging ahead. Those that watch this stuff closely realize that Steem is one of the better blockchains out there. We are seeing it in the results.
Couple this with a dedicated developers who keep churning out applications and a loyal community that shows up each day to use the applications, it is easy to see why Steem is ranking up there with the "big boys". The activity on Steem is steady with humans actually partaking on the blockchain.
This is a good lesson in value versus price. Value is what comes to the table while price is what one pays. The market has STEEM priced rather low yet the value of what is offered here is high.
Just as a side note, I took a look at the ranking on Blocktivity.info to see where Steem ranking in terms of the number of transactions done.
By coincidence, it is ranked 5th there also.
Just some food for thought.
If you found this article informative, please give an upvote and resteem.
Posted via Steemleo
It's crazy how undervalued Steem is at this point given its reliability and utility. With new leadership coming in, I'm even more bullish on it. STEEM-TRX synergy could be so good if each chain sticks to its use case. Looking forward to see how the March 6th meeting turns out!
Tron as a STEEM side chain for smart contracts <3
Exactly, that sort of idea :-D
The likelihood that happens?
Posted via Steemleo
No idea :D
Another thing I've thought of when it comes to side chains is what if you had an ultra-fast sidechain for instant messaging? To be imbedded on front ends and still have the immutability of blockchain without bloating Steem.
Yeah, once the blockchains can interact with each other you can do whatever you want :) Although I have no idea about coding blockchains :/
Hah! Me neither, nor does 99.999% of the world xD That's part of why we're in such an early stage of adoption....training wheels..
I cant argue with the undervalued of STEEM, I agree completely.
I am not so confident about the deal with Tron. We will see how that plays out. I still believe the intent is to get rid of Steem and throw it all onto Tron.
Posted via Steemleo
Yeah, that is a possibility. Difficult to gage people's intent sometimes. I try to keep an open mind as in the case of corporate mergers there are both scenarios where the dominant company dismantles the acquisition as well as cases where they carry it to great success. All I have is my intuition based on Justin's personality; he does not seem like the type to willfully sabotage projects. Time will tell though.
He wouldn't be sabotaging a project, he would be moving the community over to tron. If I was a tron lover (or investor) I would not see that as sabotage, I would see that as growth.
I am a steemian all the way, so I see it as sabotage.
Posted via Steemleo
that is the same thoughts so many other people also have concerning steem and that could be the reason for this week's decline in the price of steem....
Posted via Steemleo
steem is currently ranking higher in most rankings done,but i would love to see its price to rise high too so that it can justify those positive rankings towards steem...
Posted via Steemleo
Price is not needed to justify the rankings. The CCID is an independent analysis that looks at a variety of factors and price is not one of them.
At the moment, the market does not agree with this assessment. Markets have a mind of their own.
Posted via Steemleo
I wish the market would severely overvalue steem
it is true that the markets have mind of their own and i totally agree with you that price is not actually needed to be able to justify those rankings and that is why the steem price is still down despite the higher rankings...
Posted via Steemleo
Yeah, well, I would like to see teachers get paid more. They don't and yet they still have a strong hand in how our future is brought up.
Posted via Steemleo
@taskmaster4450 this means that though the steem price have not risen the way many of us want but at least this shows that there are alot of experts who sees so many positive development surrounding the steem market...
Posted via Steemleo
STEEM is way undervalued but you are correct, some looking at the factors beyond price do seem optimistic about what is taking place here.
Posted via Steemleo
@taskmaster4450le steem is undervalued because so many individuals express uncertainty towards steem or should i say have more uncertainty towards steem and that has made the demands for steem not to grow much higher than it should have done,by now i expect steem to have reached at least $5 but it seems the stagnant demands keeps making steem to be undervalued.....
Posted via Steemleo
@taskmaster4450, I am waiting for more Ranking Publishes for Steem other than CCID. Let's hope that more and more spaces will find what kind of Opportunities, Steem Space is creating. Stay blessed.
Posted using Partiko Android
So beautiful
And the greatest shitcoin Tron is higher on the list.
Hmmm, I wonder how come?
Maybe location location location?
Posted via Steemleo
Or maybe is not as bad as our experts try to convince us.
Or maybe is not
As bad as our experts
Try to convince us.
- oldtimer
I'm a bot. I detect haiku.
Or maybe this list doesn't care that 55% of a blockchain is owned by one person. And, is that even true. Rumors, rumors, or cold hard facts?
Posted via Steemleo
That's why we have exchanges.
People can always buy more ownership and change %.
Except for freebies, I guess.
really good news.
Witness growing some balls and stopping Ned's pre-mine scam must have something to do with it.
Anyone here know any DApps running on LISK? Just curious.
That's good news! And we all waiting for a witness - Sun negotiations)