Weiss Ratings Ranks Tezos and Cardano More Advanced Than Bitcoin
The crypto division of analytics firm Weiss Ratings called Tezos (XTZ) and Cardano (ADA) superior to Bitcoin in terms of technology.
According to the most recent update to the Weiss Crypto Ratings, tezps and cardano are the top two blockchain projects in terms of technology. Weiss rated both crypto-assets as “excellent” in the category of technology, in addition to giving the projects high marks in the area of “tech/adoption.” Cosmos and fantom were the only other two projects to receive an “excellent” in technology.
While both bitcoin and ethereum logged a “B+” overall grade from the ratings agency, the projects lagged behind cardano and tezos in terms of technical evaluation. Ethereum received a “good” rating, compared to bitcoin’s “fair” technology status. However, both projects received top marks in terms of “tech/adoption.”
Despite Weiss Ratings giving tezos and cardano top billing in technology, neither coin made it into the top five in terms of overall rating. Bitcoin and ethereum were ranked first and second, respectively, while cardano was ranked sixth overall with a grade of “B-,” trailing iota, ripple and litecoin. Tezos was the tenth overall project, with a total grade of “C+.”