Unveiling its own Weiss Ratings said on Wednesday that Ethereum is evaluating B, or good, while Bitcoin gets just a C+, for fair. No digital money earned exceptional, or an A. Weiss Ratings founder Martin Weiss said that his team was up all night fending off denial of service attacks from Korea. The Palm Beach Gardens firm’s responded to the cyberattacks by enlarging its server capacity. Commentary on social websites expressed considerable fear we had been about to release negative ratings on their favored monies, Weiss said. So this might be an attempt to thwart our liberation today. Additionally, to swarming its servers, Weiss said, cryptocurrency partisans spread false odds of their preferred altcoins.
Weiss Cryptocurrency Ratings
The new Weiss Cryptocurrency Ratings evaluate altcoins on cost risk, reward possible, blockchain technology, adoption, security along with other factors. A few of the grades reduced becomes high for security and widespread adoption, but transaction costs. Ethereum, grades for network bottlenecks and rate, despite some bottlenecks, Weiss said, “Novacoin and Salus, the second most popular cryptocurrency, benefit from technology easily scalable and better adoption. Steem gets a B-, due to a good balance of strength that is moderate in subpar grades driven by lack of technological innovation and characteristic, Weiss says. Even though Weiss doled out no As, he does not consider himself an enemy of digital money. Despite intense price volatility, cryptocurrencies have a bright future and the potential to deliver huge gains to investors, Weiss said. On the other hand, the current price volatility, cryptocurrencies have a bright future and the potential to deliver. They need the clarity that only robust, impartial evaluations can offer.
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