Cardano Ranked ‘Excellent’ By Weiss in Technology Category

Cardano Ranked Excellent By Weiss in Technology Category

Weiss Crypto Ratings has published its latest rankings of cryptocurrencies, where Cardano (ADA) rated technically excellent.

Tezos (XTZ) and Cardano (ADA) ranked among the top cryptocurrencies in the technology category. Both projects received a classification grade of ‘excellent’.

Meanwhile, Bitcoin (BTC), Ethereum (ETH), and IOTA (MIOTA) maintained the top three rankings. Apart from Cardano and Tezos, Weiss has also rated Cosmos (ATOM) and Fantom with ‘excellent’ in terms of technology oneplus 7 pro billigastemobilabonnemang.

Cardano’s advancement in technology

Cardano will likely achieve further breakthrough in the technological innovation this year. This expected innovation includes the launch of Shelley; the flagship of the Cardano network’s full decentralization. According to the rating agency, ADA is an enhanced version of Ethereum.

Github justifies Weiss rating

Cardano has recently secured the leading position in terms of average daily development activity on Github in the period from March to April 2020. This really justifies the latest ranking of Weiss.

Ethereum (ETH) ranked fourth, while Bitcoin (BTC) came last on the table.

Hoskinson: Cardano to outperform BTC, ETH

Charles Hoskinson, CEO of IOHK, expected Cardano to be the best cryptocurrency, outperforming Ethereum (ETH) and Bitcoin (BTC).

IOHK has successfully launched Cardano’s Byron reboot which includes numerous updates for the Cardano blockchain in readiness for the Shelley generation, according to BTCwires website.

Byron Reboot is said to be the network’s most important release, especially when you mean the retail side. The Byron Reboot is “100% re-written code, security audited, built with formal methods and it’s a 100% built in-house.”

The reboot was efficaciously released on the Cardano network after more than 18 months of hard work. It includes several updates to the Cardano network, including the Cardano explorer, Cardano node and the Daedalus wallet.

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Rabea Maguid 551 Articles
Rabea Maguid is a journalist completely obsessed with crypto industry. He holds B.A. from Al-Azhar University, and has a background in journalism and economics. Rabea Maguid likes to think about the future in a positive way, and sees blockchain as a potential driver of deep societal change.