WEISS RATING.

BITCOIN has been ranked by the weiss cryptocurrency rating for the first time . But what grade did bitcoin get?

Weiss rating has published has published the first bitcoin & crypto currency grades by any rating agency in the world.

Synopsis:

The new Weiss Cryptocurrency Ratings are the first by a financial rating agency. They are based on a original model that analyzes multiples of data points on each coin’s trading design, technology, and usage.

The new global platform of cryptocurrencies has provided amazing profits to investors and holds great promise for the future. Millions of new investors have entered in. Hundreds of self-declared experts have appeared to advise them. But the market suffers from lax standards, murky operators, marketing hype, and periodic market crashes.

Financial service rating company has first time ever rated 74 crypto currency on their basis of technology , usable pattern , design .

BITCOIN , popularly known and globally traded cryptocurrency on the globe has received C+ rating rating has been done on the scale of A to E where A receives the best one & E stands for the week one on that scale...

The plus sign indicates that bitcoin stands for the top third of the fair category.

According to weiss rating service due to Bitcoins strong adoption, brand, and security, it does merit an A … but only on our Fundamental Index.That’s just one of our four major metrics. Meanwhile, Bitcoin falls short in two other important areas: Our Risk Index, reflecting extreme price volatility and our Technology Index, reflecting Bitcoin’s weaknesses in governance, energy consumption and scalability. As soon as the metrics on these improve, an upgrade for Bitcoin is likely.

Comments

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Payments are synonymous with a transaction that is guaranteed by a central authority which can be a bank, a payment wallet or an escrow service. Keeping the chronological timeline under consideration blockchain happens to be at the helm of technological advancement in the financial domain. A block is the ‘current’ part of a blockchain, which records some or all of the recent transactions. Once completed, a block goes into the blockchain as a permanent database. Each time a block gets completed, a new one is generated. “Blockchain technology continues to redefine not only how the exchange sector operates, but the global financial economy as a whole.” The core value of a blockchain is that it enables a database to be directly shared without a central administrator. Rather than having some centralized application logic, blockchain transactions have their own proof of validity and authorization to enforce the constraints. Hence, with the blockchain acting as a consensus ...

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Crypto currency exchange operators remain untaxed of RBI warning that beware of Bitcoin " if India had to ban virtual currencies they would have done by now. in last 3 years, the RBI 's statement has been the same: they are uncomfortable with it and people should invest at their own risk . But tell me who is at risk everyone who has invested in it are making money and richer now.crypto currency is reality of the power of digital currencies which fast gaining popularity in India & world wide. It is now almost a decade since the first crypto currency, BITCOIN was developed in 2008 by Satoshi Nakamoto, but still, it is believed that we are in the nascent stages of crypto currency and block chain technology. It’s either gifted as an economic saviour of mankind or a complete annihilator of fiat currency. so visit the following links for more expert opinion of bitcoin. In the last couple of years there has been significant growth in the trading...

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