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EOS vs IOTA: Which Project To Support?

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EOS vs IOTA
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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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Cryptocurrency Collateralized Debt Positions Are Growing in Popularity

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While Bitcoin (BTC) continues to hover around the magical 10,000 price level, altcoins continue to fight an uphill battle.  Simply put, hopes of a future bull run continue to diminish as Bitcoin maintains its dominance.  One school of thought is that a few altcoins will survive and flourish, but which ones are anyone’s guess.  That being said, it’s hard to go wrong picking against the top coins like Ethereum (ETH), Ripple (XRP), Litecoin (LTC), and EOS.  These projects have managed to find a foothold in the market and have a better chance than most of staying there.  While traders wait for their positions to increase in value, one opportunity that may be worth looking at is initiating a collateralized debt position.

What is a Cryptocurrency CDP?

In traditional terms, a CDP is essentially putting up collateral in order to receive a loan against the deposited amount.  There are several examples of this in our day to day lives.  Auto title loans from large companies like TitleMax are extremely popular with consumers.  Consumers are essentially able to use their car as collateral in exchange for a cash payment which can then be used for whatever needs the consumer has.  The consumer can continue using their car as long as debt payments are made.

The same concept applies to cryptocurrency CDPs.  Consumers are able to put up crypto tokens, such as…

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Hodium Presents a Compelling Opportunity for Outsized Investment Returns

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Hodium
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I’m sure all of us remember the cryptocurrency glory days of 2017 and early 2018.  It was one of the biggest bull runs in history and created incredibly wealth for quite a few early entrants.  Unfortunately, for most of us, those gains have most likely been wiped out during the altcoin apocalypse.  The truth is that traders probably thought a bit too highly of their trading abilities when the reality was that anyone could have thrown a dart at a board and ended up making money.

As markets mature (and the crypto market is definitely maturing) it becomes more and more difficult to generate alpha.  In that regard, it’s similar to traditional financial markets.  I can remember trading during my high school days.  It was the late 90s and right in the middle of the dot.com boom.  Eventually, however, the euphoria fades away and reality hits hard.  Now, it’s become rather difficult to actually trade profitably which has given way to the rise of hedge funds.

Hedge funds are investment funds that pool capital from accredited and/or institutional investors and invest in a variety of assets, often with extremely complex portfolio-construction and risk management techniques.  The professionals employed by hedge funds are the best of the best and have spent years honing their craft.  That is why they’re able to make the millions of dollars that they normally…

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KaratGold Proves Its Business Model By Providing Official Documents

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There has been a lot of renewed enthusiasm in the cryptocurrency market thanks mainly to Bitcoin’s strong move about 10,000.  Although Bitcoin continues to show its dominance, the altcoin market has yet to benefit from that rally.  A few of the largest altcoins remain popular but the rest of the market continues to lag behind.  In 2018, there was a lot of talk regarding a possible altcoin apocalypse where only the strong would survive.  That prediction appears to be playing out as expected.  Going forward, only the best projects that have a real world need will survive.  Crypto traders will have to spend a lot of their time doing proper research in order to find the best opportunities, just like in all financial markets.  One promising project that appears to have the makings of a future winner is KaratGold Coin.

KaratGold Background

KaratGold Coin is a cryptocurrency developed by the reputable German company Karatbars International, which maintains a leading position in the market of small gold items and investments. The project is part of a larger ecosystem, which involves several blockchain solutions that can be used for transactions, communication, investing and other tasks. During the past few weeks, however, the KaratGold ecosystem has been a target of unsavory scam allegations.  

Karatbars International and GSB Gold Standard Banking Corporation…

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