Steem has Achieved the First B+ Grade on Weiss Cryptocurrency Rating

in #steemit7 years ago

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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).

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