Steem has Achieved the First B+ Grade on Weiss Cryptocurrency Rating
This is amazing news that Steem is now the highest graded cryptocurrency on Weiss Ratings!
The world is getting to know which crypto is the best :)
Kudos to our community!
Other small details:
ADA went up to B
EOS and NEO went down to B-
BTS went up to B-
ETH kept B-
More details from Weiss
STEEM performs 1.5 mil on-chain transaction per day, which is good. Moreover,
STEEM is not just a cryptocurrency; it’s also a social media platform.
Also, STEEM has no fees, virtually, and user-friendly account name system.
Existence of other applications, such as DTube, is a good side too.
But "whale" issue drags the grade.
Bonus: about ETH
Another issue reflected in our Technology Index is a lack of adequate governance protocols, which are a staple of third-generation blockchains. Instead, the community is reliant on the leadership of one individual, Vitalik Buterin.
Ethereum currently has no such features, as evidenced by a $50 million hack that took place in June 2016 (the DAO hack).