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EOS vs TRON vs Ethereum: Which is the Best One?

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EOS vs TRON vs Ethereum
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In the world of cryptocurrencies, there are hundreds and even thousands of active coins. With so many of them, deciding which one to invest in can be a nightmare, especially for the new investors. Making such a choice requires a lot of research and fact-checking, since making a wrong choice will mean losing all of the money you invested.

Because of that, a lot of investors choose to only concentrate on top coins, which is a good strategy. Leave the smaller altcoins to more experienced people, who are a bit more attuned to the going-on’s in the crypto world. However, even if you only choose to concentrate on the top coins, you might still have a hard time finding the right one. This is why we have decided to compare some of the most popular cryptos, and today, we will be looking at an EOS vs TRON vs Ethereum comparison.

EOS vs TRON vs Ethereum

Making a choice, even when it comes to only these three projects, can still be a hard thing to do. All three of them have their own pros and cons. Ethereum, for example, has been holding the position of the second largest coin for years now. This would not happen if it were not a decent investment.

Then, there is EOS, a coin that aims to provide better technology and service in the pretty much the same field that Ethereum has been dominating for a long time. And finally, there is TRON, which is in a league of its own. Unlike EOS, TRON doesn’t want to kill of ETH and take its place. Instead, it has its own set of goals, all of which are extremely ambitious. Even so, TRON has been slowly fulfilling them, and it constantly draws closer and closer to its ultimate goal, which is the decentralized web.

EOS vs ETH

Ethereum is the second largest coin by market cap, bettered only by Bitcoin itself. It’s interesting to note that both, EOS and TRON, started off as Ethereum’s ERC-20 tokens. Still, neither of them was satisfied with remaining on ETH’s network, and so they became their own blockchains. They both launched their MainNets only a few months ago, but EOS has had a bit of trouble with its own project, at least at first.

EOS is relatively similar to Ethereum, which is why it feels confident when it comes to its chance of taking ETH’s place. There’s an argument to be made that EOS does everything that Ethereum does, only better. It is faster and cheaper, and its technology continues to improve. On the other hand, ETH’s technological development seems to be in a dead end, but the coin still remains firmly in its place as the second largest crypto.

How does TRON fit in?

We already mentioned that TRON was an ERC-20 token as well, and it also recently launched its MainNet. What makes it different from EOS is that everything it does seems to be very successful. It launched numerous successful projects, the good news is piling up constantly, and it entered more partnerships than we can count.

Its aim is to revolutionize the entertainment industry, and eventually lead us to a completely decentralized web. This might seem impossible, but all that TRON really needs is time to lead us to this. This is why TRON is among the most popular and best coins today.

EOS and ETH are not bad either, and EOS might even pull off the ETH replacement. However, that is still in the future, and for now, they all struggle with a constantly bearish market.

Check out the new Global Coin Report talk show as we address all the highlights in crypto and the financial markets. With guests from all over the cryptosphere bringing you news, editorial, and of course, money making opportunities.

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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Altcoins

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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ICTE May Bring About Sweeping Changes for Cryptocurrency Exchanges

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Cryptocurrency has taken the world by storm during the last few years. An entirely new financial market was created almost overnight which has captured the imagination of all its participants. Cryptocurrency is even starting to attract institutional money from investment banks, hedge funds, and other proprietary trading firms. Despite the rapid growth, traders remain extremely frustrated by having to deal with the fragmented nature of centralized crypto exchanges.

A Change is Needed

When cryptocurrency first began, there weren’t many participants and the trading volume was relatively insignificant. But, over time, that has radically changed. Some tokens now have a capitalization in the billions and are being traded 24-7 by institutions all over the world. Despite the volume, significant problems exist with the current way that exchanges work. Some of those problems include the following:

  • Constant fear of hackers
  • Exchange manipulation
  • Fragmented liquidity
  • Risk of identity theft

One of the biggest issues regarding centralized exchanges is the risk of being hacked. These hack stories seem to always be circulating around the internet. While experienced traders may have the tools to avoid becoming a victim, potential new traders have zero interest in dealing with this. And it’s not just the small exchanges that are at risk. Even large exchanges, such as Mt. Gox and Binance, are subject to being hacked.

Another huge risk is having to deal with…

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SonicX and Dash Could Challenge Facebook’s Libra for Global Payments Market Share

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SonicX
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When Satoshi Nakamoto unveiled Bitcoin to the world, the dream was always for Bitcoin to serve as a new universal currency.  It would be free from the bureaucracy of governments.  And free from the tyranny of the old-world financial cartels.  Although the dream hasn’t yet materialized, it comes closer and closer with each passing day.

One of the biggest roadblocks for Bitcoin has been scalability.  At a speed of approximately 7 transactions per second, Bitcoin lags behind other cryptocurrencies like Ripple and global payment processors like Visa.  Many expect the lightning network to have a positive impact on Bitcoin’s TPS but until that comes to fruition, mass adoption will likely need another significant development.

Libra Currency Announcement

One development that could help pave the way toward mass adoption is the launch of the Libra currency.  Libra is expected to go live during the first half of 2020 according to Facebook’s June announcement.  According to Facebook, Libra will make sending money online cheaper and faster.  It will also have a hand in improving access to financial services, especially for the unbanked.  Given Facebook’s global reach, including many third world countries, providing financial access to the unbanked could provide a huge spark to global economies.  Additionally, it could provide the growth spark that cryptocurrency needs.

Facebook’s most popular messenger, WhatsApp, has approximately 1.5 billion monthly users.  This application is…

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