In line with a recent ‘official tweet‘ published, U.S. based monetary research firm named ‘Weiss Ratings’ proclaimed that it has downgraded its rating of Eos [EOS] as ‘its‘ blockchain’s “serious problems” with centralization.
Within the tweet, Weiss Ratings claims that the cryptocurrency in question has severe centralization problems and that “their event last week did something to alleviate that,” evidently linking to an event ‘hosted‘ by the EOS developer, Block.one earlier this month on 1st June. Weiss set to lower EOS’s technology score, given the event of development.
“It’s now upto #ADA to launch an actually decentralized #PoS #blockchain. No pressure.”
This is a indeed a verg big change within the company’s outlook towards [EOS]. As ‘reported‘ earlier in March, Weiss had antecedently placed EOS besides Bitcoin [BTC] and Ripple [XRP] and in its report on rising trends in crypto markets.
At the time, EOS received an A grade as the leading crypto asset that’s challenging Ethereum [ETH] in an effort to become the “backbone of the new web.”
During its 1st June event, Block.one proclaimed a blockchain-based social media platform known as ‘Voice’, that allegedly can use the EOS blockchain to offer a more clear transparency on how it operates.