Weiss Ratings Published New Report, 12 Krypto Money Remained In The Classroom

Recently, Weiss ratings published a new report, which also rated krypto coins. Bitcoin received a very low score in the latest published report, but this time there are some improvements in the name of Bitcoin.

There was an improvement in bitcoin's name, but some subcoins did not escape the wrath of Weiss ratings. In a published report, investors should definitely stay away from some of the subcoins.

12 Crypto Currencies To Avoid

The increase in the krypto money market towards the end of 2017 attracted the attention of all around the world. The krypto money market has gained a lot of popularity and is now frequently seen in our daily lives.

With the market becoming increasingly popular, Weiss ratings have been releasing independent ratings since 1971, and Bitcoin and krypto began to evaluate the money.

The scale of Weiss ratings moves from A to E, and when evaluating a leverage, the risk that koi poses to the investor, returns to the investor, technology and how much it is used is taken into account.

In the new report published, you can see below a list of krypto currencies that have received a d - or lower grade:

Auraracoin (D-)

Comet (E-)

Electroneum (E+)

Expanse (E)

Gulden (D-)

Matchpool (E)

Magacoin (E-)

Novacoin (E)

PotCoin (D-)

Quark (E-)

Rise (D-)

SaluS (E-)

It should also be noted that this list is frequently updated. If you want to get the most up-to-date notes or if you want to keep track of this list in the future, you need to visit the Weiss Ratings site.

Progress In The Bitcoin Report

The first report on bitcoin was published in January, and it was considered “the technology, usage and processing schemes of each koin”.

Bittoin C+received the report published at that time. Bitcoin, who received a good degree in security and usage, was considered worthy of A C+ Note, which was partially miscible due to network bottlenecks, delays, high processing fees.

At that time, Weiss ratings gave the B to the Ethereum. This is because the technology used by ethereum “much easier to update and much faster " was shown.

This time, bitto's note was raised from C+to b-in the report.

The krypto money market has been up and down for a couple of weeks, but looking at the Bitcoin speciality, we can say that the price is moving somewhat stable (compared to the previous months). Weiss ratings also considered this stability in the Bitcoin price as a plus and increased Bitcoin's rating.

A Bitcoin note is that the Lightning network, which will make operations on the Bitcoin network much faster and much less costly, is gradually improving.

Weiss ratings is aware of the development of lightning network, but does not see this development as a "guarantee". “We think there are some obstacles to the spreading of lightning network,” he said in his report about bitcoin.:

“Although we are following the developments with interest, the technology index we use is not a sphere that shows the future, but a tool that can only be used to assess the current situation. Therefore, as soon as the bitcoin network becomes more efficient, this development will have an impact on the rating model we update every day using performance data.”

If we look at this statement, we can say that the Lightning network has come a long way, and the note given to Bitcoin will continue to increase.

Internet Address Link : https://www.weissratings.com/

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