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Ethereum, EOS or NEO – What’s the best DApp platform right now?

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Ethereum EOS NEO

There’s not a doubt that Ethereum has been dominating the DApp market for a decent period of time now, and this is something that is supported with stats as it is expected that the second largest cryptocurrency of the market, Ethereum is expected to power 2000 DApps by the end of the year.

However, we need to keep into account that more platforms are built every day to represent a competition for Ethereum, and the same way, to improve the deficiencies that still are present on the platform and that, in this case, leaves an opportunity for other cryptos.

This is a market that continues its growth as each day passes. In fact, this year alone around $14 billion dollars have been collected in 394 ICOs that have been deployed so far (half of them crashed right after four months of their take off), many of which have been constructed through Ethereum’s platform.

But even when a great amount of money has been collected, the value is still not that representational as when we take a closer look, there are not that many DApps out there being recognized and utilized by the masses.

Ethereum still needs to solve certain issues to keep DApp developers on its platform. For instance, scalability, the speed of transactions, and the integration of more common programming languages such as Java or C. In the meanwhile, other platforms rise as a likely option to migrate. NEO and EOS are two top among them.

NEO platform

One of the platforms that are out there and that may be a good option to migrate is NEO, a platform built under Ethereum’s protocols. The NEO platform resolves the matchability problem that Ethereum has when it comes to programming languages, having the option of building a DApp in languages such as C, C++, Java, and JavaScript.

Similarly, it offers an important diversification having two different assets, NEO GAS and NEO Shares, which function as the “fuel” of the blockchain and the governance channel respectively. Finally, when it comes to the Proof-of-Stake mechanism, NEO promotes a non-collaboration of their shareholders on speculation activities, which, of course, represent a great benefit for both the network and the users.

In contrast to this, one could say that NEO has a complex relationship with the Chinese government, and the same way, the costs of developing a DApp are considerably high, going around $6000 dollars.

EOS platform

In the very beginning, EOS started as an ICO built on the Ethereum protocols, which means the token was actually ERC-20 based. However, the platform recently became independent from Ethereum when it built and launched its own blockchain dubbed EOSIO, on June 10.

The platform offers a wide range of services, including cloud storage, and accounts, and additionally has a remarkable speed of transaction that allows the platform to manage a huge number of apps and smart contracts at once.

On the negative side, the platform has been strongly criticized because of the nature of the supply, which is mainly centralized, and the same way, because of the possibilities of the community to act under their ‘constitution’ and deploy unconstitutional decisions at a time.

In fact, Nick Szabo, a famous cryptographer and computer scientist, turned to Twitter and commented,

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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.

Image courtesy of Maxpixel.net

Altcoins

Chainwire Launches Blockchain-Focused Automated Press Release Distribution Service

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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…

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How Can Foreigners Get Loans in Singapore

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loans for foreigners in Singapore

Foreigners who are residing in Singapore and looking for financing could do so in the form of a payday loan. It is good to find out that you can borrow the money from a reputable lender and that the interest rates are low enough for it to be a viable option. Online lenders that specialize in doing business in the country can certainly help one. These online companies are not only reliable, but their service is fast.

At the same time, many cannot afford a high standard of living. Many individuals cannot afford essentials, such as a car or a house. It can be difficult for the majority of the working class to scrape through on their basic salary. 

What defines a foreigner in Singapore? 

A foreigner in Singapore means that you are not a permanent or natural citizen there. As a foreigner, you will not be holding a Singaporean passport. The rules can differ a little for foreigners and residents. Singapore, being a multinational hub, houses many foreigners within the city. Foreigners come to Singapore for the many attractions it offers. Many people come to Singapore for Work-related purposes. A lot many also come for vacations or to visit a friend or a relative. Some foreigners come with a plan to move to Singapore permanently, attracted by their lavish lifestyle. Singapore also houses many International students attending many esteemed Singaporean Universities.  

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Altcoins

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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