Litecoin ($LTC), a high-cap cryptocurrency and blockchain, has acquired a B- score from the favored crypto score company Weiss Crypto. Whereas reflecting on the “B-“ score given by Weiss Crypto, Litecoin asserted that it deserves a eager remark within the case of the know-how side. In its current social media posts, the platform mentioned this matter with the followers.
I’ve a B- score from @WeissCrypto. Though that is nonetheless good, maybe the under space the place it states know-how is ‘weak’ might use one other look?
100% uptime for 13+ yrs, MWEB was built-in in 2022, and taproot plus different updates have been just lately added.
Simply sayin’. 🤷♂️ pic.twitter.com/ENdHrxR9P1
— Litecoin (@litecoin) December 22, 2024
Litecoin Reacts to Weiss Crypto’s B- Ranking Primarily based on Perceived Technological Weak point
In its newest X posts, Litecoin has reacted to the “B-“ score awarded by Weiss Crypto. It’s a crypto score group that focuses on various elements reminiscent of threat, know-how, and market efficiency. Litecoin disclosed that the aforementioned score acknowledges the general adoption and stability of the platform nonetheless claims a technological weak point. Therefore, by categorizing the corporate’s know-how rating as “weak,” Weiss Crypto has ignited a response from Litecoin.
The Platform Refers to Its 13-Yr-Lengthy 100% Uptime and Exceptional Infrastructure
The platform argued that the Weiss crypto has not precisely gauged the know-how score thereof. It added that the platform possesses a dependable and resilient infrastructure. Whereas supporting its assertion, Litecoin referred to the 100% uptime thereof for greater than 13 years. It labeled this improvement as a rare achievement that accounts for its ecosystem’s reliability and robustness.
Again within the 12 months 2022, Litecoin reportedly built-in a noteworthy improve referred to as the “MimbleWimble Extension Block.” This improve permitted it to enhance scalability and privateness. It permits the shoppers to execute confidential transfers. Furthermore, Litecoin has additionally carried out Taproot, a vital improve to reinforce switch privateness and effectivity.
Litecoin Highlights the Requirement for a Re-Examination of the Technological Side
Preserving in view these technological developments, Litecoin believes that the Weiss Crypto’s score requires an intensive re-examination. Litecoin highlighted that no matter the “weak” score for know-how, it has a observe file of as much as 100% uptime. Moreover, the Taproot and MWEB upgrades denote its modern and strong infrastructure. Primarily based on this, it enjoys a big place within the ever-evolving crypto sector.
