The new Weiss Rating report came out yesterday night.
I had a chance to read it this morning.
# Here Are the B's and A's:
Cardano, Decred, EOS, Ethereum, Lisk, Ripple, STEEM, and Stellar are the B's
NEO is the first A ever.
Ripple was a big surprise to see on there for me. It's not decentralized because the ripple company holds most of the tokens and it's all mined. It was not rated before.
This is what Weiss say about it:
One caveat for Ripple, though: We’re seeing tons of usage. But most of it does not involve the XRP token (other than fees). We still give them credit. But we’re tracking it with a skeptical eye. We may need to adjust the precise formula in our usage metrics.
Steem is being mentioned separately again in a very positive way:
From the report:
Steem Update
Prices have fallen on the STEEM token, but it’s still getting a slight upgrade this week mainly due to two factors:
- Steemit.com is, without a doubt, the most successful decentralized application in existence today. This doesn’t go unrewarded by our model, where we continue to see strong adoption metrics for the platform.
- The price of the STEEM token is, relatively speaking, more stable than other tokens in cryptoland.
I talk about it more in my vlog.
I do apologize for a little bit of a messy vlog today. I was outside freezing and it was windy and I was trying to juggle some papers too.
I am a witness with our developer group @blockbrothers for the Steem blockchain. If you want to support us I would appreciate your vote here.
We build Steemify a notification app for your Steemit account for iOS.
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