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 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.
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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A matter of time before TRON (TRX) achieves mass adoption
Tron (TRX) has all its eyes on decentralizing the internet, or rather content-sharing to ensure that creatives, artists, musicians, and authors can all release their content without the need of middle companies. As it seems, Tron’s founder hopes that the coin will challenge the globe’s major content providers like Facebook and YouTube.
The coin has undoubtedly made progress since its launch from a coin offering on the Ethereum ledger platform to now a native coin present on the official Tron Mainnet. If you think launching the independent MainNet is all Tron wanted to achieve, you are mistaken.
The aim is towards mass adoption as well as creating a decentralized web. Yeah, it is a fact that in the past weeks TRX has experienced price declines, but currently, the cryptocurrency is riding 5.37% hike against the USD in the last 24 hours (remember most of the other top coins including Bitcoin are in red).
It’s also continued succeeding in attaining quality listings such as the Bittrex (to name one of the most recent ones). Therefore, it seems as every step TRON makes is a sign of progress to make the decentralized web a reality.
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The primary objective for TRON (TRX) is to create a decentralized web which will be a representation of the internet’s next generation. Therefore, in making that a reality, the largest file-sharing platform, BitTorrent that has over 100M global…
Cardano (ADA) research manager meets with Brazil representatives
Cardano is one of the top crypto assets in the market today. With its visionary team, it has become robust in creating projects that not only benefit its blockchain but the world.
Its CEO, Charles Hoskinson, also the founder of IOHK, has also been focused on making sure Cardano’s utility spreads across countries. It is important to know that IOHK, the team that has developed Cardano’s blockchain was created in 2015.
IOHK is a reputable digital company that is poised in making use of peer-to-peer innovations to provide financial services to more than 3 billion people that don’t really have access to them.
As part of the plans by the Cardano’s team to provide great innovations for providing financial services to people worldwide, and empower countries across the world, Cardano’s research manager, Mario Larangiera, met with Mario Borges, the President of the Brazilian National Council for Scientific and Technological Development (CNPq) in the Brazilian Embassy in Tokyo, in Japan, to talk about the future of Brazil.
Mario Larangiera tweeted on his Twitter page:
“Meeting with Mario Borges the president of the Brazilian National Council for Scientific and Technological Development (CNDq) in the Brazilian Embassy in Tokyo. In Japan but thinking about the future of Brazil.”
Moving forward, it is important to note that Cardano is poised in making great systems for financial services of the world, and it is taking a wise approach with its collaborations.…
Hyperion-Stellar Partnership Finalized — Support For Stellar’s Crypto Assets Trade About To Arrive
Hyperion and Stellar: A new partnership
According to a recent announcement by Global Blockchain Technologies Corp., it would seem that the known crypto exchange Hyperion has finally made an agreement with Stellar (XLM). The new partnership is to allow Stellar’s own crypto assets to be traded on Hyperion’s platform. This move is expected to significantly impact Stellar’s price and spread awareness of the coin and its goal even further.
Hyperion uses an alternative trading system (ATS), which was licensed by the SEC. As a part of this arrangement, previously attained via investment in DBOT (Delaware Board of Trade), Hyperion has permission to also operate as a broker-dealer. It is also expected to become North America’s first advanced security token exchange.
As many are already aware of, Stellar is a trading protocol that is used for issuing, exchanging, and transferring digital assets. It works with several other cryptocurrencies, but also with fiat currencies like the USD. Additionally, Stellar also works even with some commodity assets, like gold.
Stellar’s goal is similar to that of Ripple, at least when it comes to enabling faster and better cross-border transactions. While Ripple focuses on providing its services to banks and financial institutions, Stellar aims to provide these services to individual investors. Thanks to this, Stellar has received a lot of attention and praise from individual investors, as the general interest in cryptocurrencies grew.
Why is this partnership important?
By joining Hyperion’s…
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