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The Battle for DApps Between EOS and Ethereum

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EOS
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The EOS Mainnet went live on the 2nd of June amidst a few hiccups here and there. However, this has not prevented the platform from attracting several Decentralized Applications. The total number of DApps on the EOS mainnet currently number 229. Out of these number, 78 are live, 99 in development, 16 in their Beta versions and 18 are in the concept phase. So, we have 229 DApps on a platform that is roughly 3 months old.

This rapid expansion on DApps being built on the EOS platform has prompted one Redditor by the name of Babble9753 to predict that EOS DApps will surpass those on the Ethereum network in number by the first quarter of 2019. His exact comments were as follows:

“There are 1,781 DAPPS on ETH with 10k total daily users. I think there are already over 200 DAPPs being built on EOS and Steem which was built by Daniel Larimer I think often has more daily users than all ETH DAPPs combined and he is building something similar on EOS. When do you think EOS will pass ETH in terms of total active DAPPs and daily users? I think by the end of Q1 next year.”

Analyzing the number of DApps on the Ethereum network, we find that they are 1,781 as stated, and have taken 3 years to get this number – given the fact that the Ethereum network was launched on 30th July 2015. This is an average of 594 new DApps per year.

With EOS having 229 in 3 months, if numbers are to go by, the platform will have approximately 535 DApps by the beginning of January next year. This is without factoring in the exponential rate of growth of the blockchain industry as well as the hype and excitement surrounding the EOS platform. Once we factor this into the equation, it is highly probable that the DApps on the EOS platform will eclipse those of Ethereum by mid next year.

Another factor to consider is the number of DApps migrating from the Ethereum platform to that of EOS. One reason for this migration could be the idea that EOS is a faster more efficient platform to create DApps on as well as a more secure network. There is also the added decentralization evident on the EOS platform that is almost non-existent on that of Ethereum. Only time will tell if the DApps on the EOS platform will surpass those of Ethereum by next year.

In conclusion, with the EOS platform gaining popularity, it is one more reason to be bullish about the coin in the crypto markets. We even have the Chinese government constantly ranking EOS higher than Ethereum on its monthly blockchain ratings. This is a clear indicator of blockchain superiority.

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Disclaimer: This article should not be taken as, and is not intended to provide, investment advice. Global Coin Report and/or its affiliates, employees, writers, and subcontractors are cryptocurrency investors and from time to time may or may not have holdings in some of the coins or tokens they cover. Please conduct your own thorough research before investing in any cryptocurrency and read our full disclaimer.

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How Can Foreigners Get Loans in Singapore

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loans for foreigners in Singapore
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Foreigners who are residing in Singapore and looking for financing could do so in the form of a payday loan. It is good to find out that you can borrow the money from a reputable lender and that the interest rates are low enough for it to be a viable option. Online lenders that specialize in doing business in the country can certainly help one. These online companies are not only reliable, but their service is fast.

At the same time, many cannot afford a high standard of living. Many individuals cannot afford essentials, such as a car or a house. It can be difficult for the majority of the working class to scrape through on their basic salary. 

What defines a foreigner in Singapore? 

A foreigner in Singapore means that you are not a permanent or natural citizen there. As a foreigner, you will not be holding a Singaporean passport. The rules can differ a little for foreigners and residents. Singapore, being a multinational hub, houses many foreigners within the city. Foreigners come to Singapore for the many attractions it offers. Many people come to Singapore for Work-related purposes. A lot many also come for vacations or to visit a friend or a relative. Some foreigners come with a plan to move to Singapore permanently, attracted by their lavish lifestyle. Singapore also…

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Altcoins

Aluna.Social is a Compelling Social Platform for Crypto Traders and Investors

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Aluna.Social
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When one thinks about the social media landscape, the companies that first come to mind are most likely Facebook, Instagram, LinkedIn, and Snapchat.  These platforms are a great way to stay connected with friends, families, and colleagues, especially when geographic distance is a factor.  But, in addition to just chatting about life in general and sharing pictures, social media can be used to bridge the information gap that exists within the investment community.

Over the last decade, many trading offices have been established in large cities all over the world which allow solo traders and investors to pay a monthly fee in exchange for a workspace.  The real benefit to trading in these offices is to participate in the free flow of trading ideas and information.  Proprietary trading is one of the most challenging careers to be successful at and the exchange of ideas is almost required in order to succeed.  Traders at hedge funds and investment banks work in teams so why shouldn’t remote traders?

While these trading offices are a great way to help bridge the information gap, Aluna.Social may provide an even better way, especially as it relates to cryptocurrency trading.

Mission Statement

Aluna.Social, founded by Alvin Lee and Henrique Matias, is a multi-exchange social trading terminal for crypto traders and investors.  The goal of the platform is to help newcomers shorten their learning curve,…

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Altcoins

CoinFlip Scores Big with BRD Wallet Partnership

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CoinFlip
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As the crypto markets move closer to mass adoption, one of the keys for future success will revolve around attracting as many market participants as possible.  While many crypto users are extremely tech oriented, a lot of those on the sidelines are not.  The cause of waiting on the sidelines could be due to a variety of reasons such as fear of the unknown, lack of knowledge, age, or a combination of all of the above.  In order to entice new users to join the crypto revolution, crypto ATMs are rising up across the country.  Of those, the largest and most influential crypto ATM company by a significant margin is CoinFlip.

In early October, CoinFlip announced on its Twitter that it had officially partnered with BRD Wallet to re-introduce their crypto ATM map.  Now, BRD wallet users will be able to locate their nearest CoinFlip ATM and receive a 10% discount for both buys and sells.  BRD brand awareness is growing quickly within the crypto community thanks to its innovative and entrepreneurial spirit.  The team strongly believes in the value of financial freedom and independence, and want to empower people across the world by leveraging the possibilities that Bitcoin and other cryptocurrencies provide.

Cryptocurrencies are already making a huge difference around the world.  Citizens of Venezuela, a country devastated by rampant inflation, have been using several cryptocurrencies…

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