EOSfinex to be Launched in Test Mode

Bitfinex note that the smart contracts for EOSfinex were created by their own and thoroughly checked by auditors from the EOS Argentina team
29 March 2019   301

Bitfinex launched beta trading platform EOSfinex based on EOSIO technology.

As a beta launch, the platform is initially opened up as a ‘paper trade’ environment, providing our users with the chance to experiment with the eosfinex platform (and potentially viable trading strategies) in a simulated environment whilst earning rewards through providing platform feedback.

EOSfinex Team

The developers also note that the smart contracts for EOSfinex were created in-house and thoroughly checked by auditors from the EOS Argentina team.

The smart contract behind eosfinex has been developed internally and has been audited thoroughly by the EOS Argentina team. An official bug bounty outline will be presented in the coming days upon which users can structure their feedback.

EOSfinex Team

The first information about EOSfinex appeared at the beginning of last year. The launch of the site was repeatedly postponed.

Weiss Ratings to Issue New Crypto Report

According to famous rating agency, Ripple is number 1, EOS is 2 and Bitcoin is on the 3rd position
27 March 2019   371

In the new report on emerging trends in the cryptocurrency market of the rating agency Weiss XRP and EOS received higher marks than Bitcoin.

On Tuesday, the company submitted a report under the heading “Dark Shadows with a Bright Future”, in which it included 120 cryptocurrencies and assigned them letter ratings for the best combination of technology and practical significance.

XRP, which is currently the third largest crypto asset in terms of capitalization, received an “A” rating. According to the publication, it is in the “best position” to compete with the SWIFT. EOS was also awarded the “A” rating as the leading cryptocurrency competing with Ethereum as the “basis of the new Internet”.

Bitcoin became the third cryptocurrency with a rating of "A". The company took into account the development of a second-level solution for implementing the Lightning Network transactions and recognized the potential of Bitcoin to become a popular means of accumulation. He is followed by Ethereum with “A-” and Cardano with “B +” as platforms with wide possibilities for creating and launching smart contracts.

Nothing could be further from the truth. Leading cryptocurrencies now enjoy three times more volume in user (on-chain) transactions than they did in early 2018. The industry’s network capacity and security have improved dramatically. And the underlying technology has evolved with new, more efficient ways to create digital assets.

Weiss Ratings

Weiss Ratings Top 10 Coins
Weiss Ratings Top 10 Coins

In a separate procedure, the agency assessed the attractiveness of crypto assets for investors from the position of risk versus potential profitability. According to Weiss, only EOS, XRP, Bitcoin, and BNB deserve a “B-” rating, and none of the cryptocurrencies have been rated “A”.