Connect with us

Altcoins

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

Published

on

EOS vs TRON vs Ethereum

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.

Image courtesy of Pexels

Altcoins

GDA Capital in Conversation About the Future of Digital Assets at Global Family Office Summit

Published

on

GDA Capital organized the quarterly Global Family Office Summit this week. The event was held virtually with a number of technology leaders and high net worth investors who discussed issues such as education, trust and responsibility to give back. Among these were insightful conversations with Dubai-based Dalma Capital’s CEO Zachari Cefaratti, Holt Fintech Accelerator founder Brendan Hold Dunn, Global Data Sentinel CEO and White City Ventures Chairman of the Board Shahal Khan, and Elitium CEO Raoul Milhado, among others. Participants were also given access to off-market opportunities to invest in novel technologies.

Will Bartlett, GDA Capital’s Director of Research, headlined the event by focusing on tech in the modern economy, and identifying six sectors where new technologies can make a lasting impact: robotics, space, biotech, machine learning, quantum computing, and blockchain. In the context of blockchain, he discussed how digital assets are a hedge against traditional financial markets. “Cryptocurrencies have no exposure to stock market returns, macroeconomic factors, or returns of currencies and commodities,” Bartlett said.

More so, Bartlett believes that new models for digital assets such as DigitalBits’ branded stablecoins are key to the development of the field. These currencies replace traditional rewards and loyalty point systems that are commonly used by household brands by porting them to the blockchain. Meanwhile, they rely on brand…

Continue Reading

Altcoins

Chainwire Launches Blockchain-Focused Automated Press Release Distribution Service

Published

on

TEL AVIV, Israel, 13th October, 2020, // ChainWire //

MarketAcross, a world leader in blockchain public relations and marketing services, is pleased to announce the launch of Chainwire, an automated press release distribution service which provides guaranteed coverage and in-depth reports. Chainwire will be a one-stop-shop for the distribution of press releases in the cryptocurrency and blockchain sector. The launch marks the first time that advertisers can reach leading publications in the crypto media with the click of a button. 

While most industries have some kind of PR newswire service, the cryptocurrency sector has become a victim of its own rapid pace of growth over recent years. Since the ICO boom of 2017, there has been a proliferation of blockchain and crypto-focused projects, exchanges, investment firms, and marketing agencies, along with niche news and informational content sites. 

However, the infrastructure to connect this complex ecosystem has been slow to come up to speed, meaning that existing newswire services don’t reach their target audience. It’s estimated that one in five people own cryptocurrencies, so there is currently a significant missed opportunity to reach a massive global readership. 

As a newswire service dedicated to the crypto and blockchain space, Chainwire aims to address this gap. Press releases are distributed to leading publications, offering guaranteed coverage to reach audiences worldwide. The system is integrated with publishers and blogs, enabling accurate reporting via a user-friendly dashboard. It also…

Continue Reading

Altcoins

Messari Adds DigitalBits (XDB) & Branded Currencies to its Registry

Published

on

One of the top providers of crypto data and research tools on digital assets Messari has announced the addition of DigitalBits (XDB) to the Messari Registry. As a participant, DigitalBits governing body, the XDB Foundation will be providing regular updates and commit to transparency. The DigitalBits blockchain was built to support consumer digital assets – branded currencies.  As the company stated, “a global, legacy digital asset class, branded currencies play a vital role in consumer-brand interactions, and account for billions of dollars in value.  Branded currencies issued on the DigitalBits blockchain will also be included within the Messari Registry.”

Additionally, Messari and the XDB Foundation “may explore the buildout of a novel registry to accommodate branded currencies tokenized on DigitalBits. This registry would address issues consumers face when determining the legitimacy of branded currencies and their respective organizations,” the announcement said today.  The goal is to provide a standardized framework for organizations leveraging branded currencies, certifying asset legitimacy, and clearly outlining characteristics including but not limited to asset issuance and organization identity.

Commenting on the news, Messari representatives said they recognize the potential for the use of branded currencies to grow in the future as more enterprises embrace blockchain technology. Ben O’Neill, Vice President, BD & Operations at Messari said the Registry will help all…

Continue Reading

Press Release