EOS project suffers criticism and accusations from various quarters.Accuse it of being a centralized system and that its number of users is too small and that web-based activity is merely automated activity designed to inflate statistics(bots). In a new buzz for a US-based financial research firm.
The reporting company, Weiss Ratings was established in 1971 and is based on statistics and figures on more than 53,000 organizations.
The company recently announced the EOS project with the following:
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 Ratings (@WeissRatings) June 7, 2019
“The EOS project fell in the rankings because it faces serious problems with centralization, and their statement at the last event did not mitigate the problem, so we reduced their technology, now the option of the ADA to launch a real decentralized network”
It should be noted that a new product was announced for Block.one, a sponsor of the EOS project, and this time is a social network with the name of VOICE.
But the event’s organizers did not talk about the EOS project and defend what it was accused of.
Please note, that is not a bit of financial advice, nor the WhaleToBe team’s view