Weiss Ratings, a United States-based financial research firm has downgraded its rating of cryptocurrency EOS, owing to the blockchain’s “serious problems” with centralization. Weiss announced the report via a tweet published on June 7.
EOS DOWNGRADE: #EOS has serious problems with centralization, and their event last week did anything to alleviate that, so we’ve severely downgraded its technology score. It’s now up to #ADA to launch a truly decentralized #PoS #blockchain. No pressure.#crypto #Cardano #BTC
— Weiss Crypto Ratings (@WeissCrypto) June 7, 2019
social media platform called Voice, which allegedly will use the EOS blockchain to provide transparency on how it operates.