Litecoin ($LTC), a high-cap cryptocurrency and blockchain, has bought a B- ranking from the standard crypto ranking agency Weiss Crypto. While reflecting on the “B-“ ranking given by Weiss Crypto, Litecoin asserted that it deserves a enthusiastic commentary in the case of the abilities ingredient. In its most up-to-date social media posts, the platform talked about this topic with the followers.
I have a B- ranking from @WeissCrypto. Though right here remains to be heavenly, maybe the below allege the attach it states abilities is ‘worn’ might additionally use another seek?
100% uptime for 13+ yrs, MWEB modified into once integrated in 2022, and taproot plus thoroughly different updates had been these days added.
Factual sayin’. 🤷♂️ pic.twitter.com/ENdHrxR9P1
— Litecoin (@litecoin) December 22, 2024
Litecoin Reacts to Weiss Crypto’s B- Ranking In line with Perceived Technological Weak point
In its most up-to-date X posts, Litecoin has reacted to the “B-“ ranking awarded by Weiss Crypto. It is a crypto ranking group that focuses on various elements resembling threat, abilities, and market efficiency. Litecoin disclosed that the aforementioned ranking acknowledges the final adoption and balance of the platform on the opposite hand claims a technological weak point. Hence, by categorizing the company’s abilities come by as “worn,” Weiss Crypto has ignited a reaction from Litecoin.
The Platform Refers to Its 13-300 and sixty five days-Lengthy 100% Uptime and Outstanding Infrastructure
The platform argued that the Weiss crypto has now no longer accurately gauged the abilities ranking thereof. It added that the platform possesses a official and resilient infrastructure. While supporting its assertion, Litecoin referred to the 100% uptime thereof for better than 13 years. It labeled this model as a rare achievement that accounts for its ecosystem’s reliability and robustness.
Relieve in the 300 and sixty five days 2022, Litecoin reportedly integrated a grand enhance known as the “MimbleWimble Extension Block.” This enhance licensed it to enhance scalability and privateness. It enables the patrons to realize confidential transfers. Moreover, Litecoin has additionally applied Taproot, a extraordinarily well-known enhance to beef up switch privateness and effectivity.
Litecoin Highlights the Requirement for a Re-Examination of the Technological Ingredient
Preserving in glimpse these technological tendencies, Litecoin believes that the Weiss Crypto’s ranking requires a thorough re-examination. Litecoin highlighted that without reference to the “worn” ranking for abilities, it has a tune file of as a lot as 100% uptime. Moreover, the Taproot and MWEB upgrades denote its modern and solid infrastructure. In line with this, it enjoys a first-rate attach of living in the ever-evolving crypto sector.
