EOS vs IOTA: Which Project To Support? - Global Coin Report
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EOS vs IOTA: Which Project To Support?

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EOS vs IOTA

No matter how experienced crypto investors are, they always have to tackle the same issue  — whether they are a novice or a professional. The problem, of course, is which coin to invest their money into.

Despite the fact that 2018 has been almost constantly bearish, and that numerous cryptocurrencies have suffered great losses, a lot of them managed to achieve great things. This has brought them to the attention to investors, which is why comparing such coins has become increasingly popular. One such comparison is EOS vs IOTA, which is what we will explore today.

But first — let’s take a look at each of these coins, and see what is it that they have to offer.

EOS

EOS is among the largest crypto projects in the entire industry. It holds the 5th place on CoinMarketCap’s list of largest cryptocurrencies per market cap and has a price of $5.70 per coin. EOS also claims to have the most robust blockchain worldwide. It is a decentralized project that is dedicated to the creation of dApps.

Its network is highly scalable, and the project has gained a lot of popularity this year due to the launch of its MainNet.

Due to its dedication to dApp creation, EOS is often compared to Ethereum. Many believe that this project has a potential to even replace Ethereum. Whether or not this can actually happen is something that we will have to wait and see. However, a lot of experts remain optimistic. Apart from that, EOS remains a coin that offers up to 3,000 transactions per second, which makes it one of the fastest ones around.

IOTA (MIOTA)

Next, we have IOTA. This is a platform dedicated to combining the blockchain technology and Internet of Things. Its goal is to create a new, permissionless ecosystem, where everything will be connected into a single large network. Because of this, many analysts believe that IOTA might be the project that will bring the internet to a next level.

IOTA also seeks to redefine things like value, trust, as well as ownership. According to IOTA Foundation, data can only ever be as valuable as it is valid, which is why IOTA is trying hard to increase transparency, and ensure the truth. Its platform was designed to have zero-fee transactions which would happen in real time.

IOTA is a massive project with a lot of support from its community, but also from some of the largest carmaking companies in the world. Its products are especially interesting to carmakers since they can be used for updating data without the need to do it manually.

The coin is currently ranked as 11th on CoinMarketCap, with a price of $0.562404 per coin.

EOS vs IOTA

Both EOS and IOTA have extremely large importance in the modern crypto world, IOTA’s reach goes even beyond, with the project having a lot of significant use cases in the real world. By connecting IoT devices into a single large network, IOTA and its project Tangle may completely change the way we interact with the world, and devices around us.

EOS also has a significant impact on the future thanks to its ability to allow dApp creation. As blockchain technology and decentralization slowly conquer the market, dApps are becoming more and more popular. There are those who believe that dApps will eventually dominate over regular apps, which will significantly affect things like privacy, information sharing, and alike.

All in all, EOS vs IOTA debate doesn’t really have a clear answer, as both projects are massive and important in their own way. Even so, almost all experts agree on the fact that neither of these projects will quietly disappear since they are both needed in order for us to advance to the next level.

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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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Lotto Nation is Revolutionizing the Traditional Lottery Industry

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Lotto Nation

As the global economy continues to deal with the economic fallout due to the ongoing pandemic, companies are coming to terms with the fact that normalcy may not return for quite a while.  Many economists are wondering how the business landscape will look a year or more from now.  It’s certainly possible that many businesses, such as retailers and restaurants, may be unable to survive the current downturn.  But while some businesses will falter, others will emerge stronger than ever.

Traditionally, when economies go through a severe downturn, companies adapt.  Those that maintain the status quo usually have great difficulty while those that adapt prosper and conquer.  One possible example of this is Lotto Nation.  Thanks to the entrepreneurial skills of Nils Thomson, the Founder and CEO of Lotto Nation, the company is attempting to completely modernize the traditional lottery industry.

Current Lottery Model is Severely Outdated

It’s safe to say that nearly every human that has ever walked the earth has fantasized about winning the massive jackpot that would completely change their life.  These dreams have turned the global lottery industry into a $302 billion market that is expected to reach $380 billion by 2025.  Despite this predicted growth, the industry suffers from a variety of problems that are preventing it from really exploding.

Perhaps the biggest problem is that traditional lotteries are centralized.  Because of this, there is essentially no oversight on what a lottery provider…

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

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Aluna.Social

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, unlock their full potential, and improve trading performance.  Cryptocurrency trading can…

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CoinFlip Scores Big with BRD Wallet Partnership

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CoinFlip

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 like Bitcoin and Dash, to help protect their assets and hard-earned…

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