Weiss Ratings, that claims to supply the primary "ratings" on cryptocurrencies, has judged atrium to be higher than bitcoin.
The securities ratings agency proclaimed Wed that it gave interim a B rating as a result of it "benefits from a lot of pronto upgradable technology and higher speed, despite some bottlenecks."
Bitcoin received a "fair" C+ rating as a result of the digital currency is "encountering major network bottlenecks, inflicting delays and high transaction prices," in line with a unleash. "Despite intense in progress efforts that square measure achieving some initial success, Bitcoin has no immediate mechanism for promptly upgrading its software system code."
None of the seventy four cryptocurrencies the agency covers received an associate degree "excellent" A rating. B-rated ethereum and digital currency Greek deity have the best ratings.
That robust tale is outwardly a trademark of the 47-year-old freelance monetary ratings agency. Reports from Barron's and also the big apple Times from 2002 and 1992, severally, note Weiss' lack of A ratings in coverage of insurance stocks, mutual funds and alternative securities. The Florida-based company sometimes flies below the measuring system as compared to known agencies like customary & Poor's and Moody's. Weiss says it doesn't settle for compensation from the businesses it rates for issuance the rating.
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