Connect with us

Altcoins

TRON vs EOS: Which One Is Better?

Published

on

TRON vs EOS
READ LATER - DOWNLOAD THIS POST AS PDF

The crypto market has grown larger than anyone would have believed it would back in its early days. There are thousands of cryptocurrencies today, ready to tackle the difficulties of a financial world and help change it for the better. Among them, there are often those that are rather similar in terms of service, features, goals, technology, and alike.

While this is a good thing for cryptocurrencies as a whole, it can often pose a problem for new investors who have yet to formulate their opinion on all these different coins. The investors cannot invest in all of them, and the best way for them to go about it is to choose one, or maybe even a few coins to dedicate to.

However, even if they choose to play it safe and only go after top coins, there are still a lot of them that are similar in some aspects. TRON vs EOS is one such dilemma, and we hope to help you understand them better, and make your choice a bit easier.

TRON vs EOS

While different in a lot of other aspects, both TRON (TRX) and Eos (EOS) aim to achieve a single goal — decentralized web. They even use some quite similar tools to achieve this. They share a number of other similarities as well, like the fact that both of them started off on Ethereum’s network, as ERC-20 tokens.

Both of them managed to successfully launch their own MainNets, and transfer their tokens to their respective blockchains. In truth, TRON performed this task slightly better than EOS. EOS has had to face a lot of criticism for experiencing several big bugs and glitches almost right after launching the MainNet, while TRON’s MainNet launch went on without any problems.

Many would argue that TRON’s platform is also more user-friendly. Starting off on TRON is as simple as making an account, picking the username, and that’s it. EOS, on the other hand, has numerous processes and technical issues that need to be tackled first. This is bothersome even for the most experienced investors, and can even discourage newcomers to the crypto world.

When it comes to the communities, both of them are quite active and supportive, convinced that their preferred coin is the one that will dominate the markets of the future. As for the earning possibilities, TRON might be taking the lead again, as it is possible to use its Super Representatives as a voting system. Voting is beneficial to users since they can earn rewards for their participation in the network. As such, it can be quite profitable.

TRON has also been more vocal regarding its activities, a new partnership or project announcements, and it achieved some pretty large deals in the last few months. While its final goal is decentralized web, it also set a goal of revolutionizing the entertainment industry. EOS, on the other hand, has a goal that is a bit easier to understand and possibly achieve, which is replacing Ethereum. EOS is not only aiming as taking over as the second largest coin, but it also wants to dominate in the smart contracts and dApp creation.

Many agree that ETH’s technology has hit a dead end, and that EOS is faster, cheaper, better, and still has a possibility of further development. Even so, the fact is that ETH still holds its position quite firmly.

Final verdict

In the end, TRON vs EOS dilemma is a difficult one to solve, not only because both coins are more than just good, but also because both of them are still in development. We can even say that they can be considered equals in some areas, while one is better than the other in some other aspects. In the end, the differences in their goals are not making them such direct competitors, and the final choice eventually falls to the investors themselves. The best way to go about it is to study both coins in depth and decide for yourself which one agrees with you more.

Check out the new Global Coin Report YouTube channel 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.

For the latest cryptocurrency news, join our Telegram!

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

Encrypgen’s New HODLING Incentive Program May Send DNA Token Soaring

Published

on

Encrypgen
READ LATER - DOWNLOAD THIS POST AS PDF

Cryptocurrency traders have enjoyed a Bitcoin moon shot during the past few months.  Those gains have created a much more enjoyable environment for crypto bulls.  Whether it’s a temporary or permanent increase remains to be seen but hitting the 10,000 level has put everyone in a better mood.  Unfortunately, altcoins have not had experienced the same type of gains and are lagging significantly behind Bitcoin.

I’ve written articles in the past year that there is at least a decent chance that many altcoins won’t survive the current environment.  The ones that do will do so because they created a platform that has real world usage.  After spending countless hours researching many of the existing altcoins, I’ve yet to see a company that is more promising than Encrypgen (DNA).

Encrypgen Background Information

Encrypgen is a genomic blockchain network that provides customers and partners with best-in-class, next generation, blockchain security for protecting, sharing and re-marketing genomic data. This creates a fair marketplace for a person’s DNA that can be stored privately and sold (if a person wishes to do that). A person’s DNA can also be shared privately and securely with their physician for their personalized care.

Typically, people can send their DNA off to a lab to find out who they are and where they come from. As fun as that might sound, there is a significant security problem…

Continue Reading

Altcoins

Top 3 Coins to Buy Before They Go Big

Published

on

coins
READ LATER - DOWNLOAD THIS POST AS PDF

Crypto bulls are back, that much is clear. The long-lasting, harsh crypto winter is gone, and the new era in digital currency sector opens up some rather interesting opportunities. With many more bull runs expected to come in months ahead, a lot of coins are likely to blow up and maybe even hit new all-time highs, although that still remains purely theoretical.

On the other hand, the fact is that numerous coins are seeing prices that were not achieved since early 2018, and the overall momentum remains bullish. With that in mind, even if new records do not come for a very long time — chances are that many of the coins will blow up enough for investors to see some serious gains in months to come. As a result, investing in some of these coins now might be a very profitable decision, for those who have the patience to wait a few months. Here are some of the projects believed to have the greatest potential to go big in the second half of 2019 and beyond.

1. TRON (TRX)

Putting TRON on the list should not really surprise anyone, as the project constantly comes up with new project updates, partnerships, and alike. It also constantly breaks records, as is becoming one of the biggest players in the dApp and smart contract development sector.

In the past few…

Continue Reading

Altcoins

TRON (TRX) Is Likely to Go Big in June

Published

on

Tron
READ LATER - DOWNLOAD THIS POST AS PDF

We are now halfway through 2019, and the situation in the crypto space is better than ever in the past year. Numerous cryptos are seeing large gains, often cut by brief periods of stagnation or small corrections, but the overall sentiment is obviously bullish.

Bitcoin sits way above the $8k mark, and while it struggles to go beyond $8,700, it is still trying to grow. Investors and analysts are quite bullish regarding the foreseeable future, and a lot of altcoins are expected to follow BTC in this regard. However, today, we would like to talk about one particular altcoin — TRON (TRX) — as well as why it is likely to go big in June.

TRON’s progress so far

As many people in and out of TRON community know, TRX is not a project that often sits still. It is rich with announcements, particularly when it comes to his CEO, Justin Sun, whose enthusiastic tweets often seem like hype building to many.

However, TRON made some massive progress in 2018, which was the worst year cryptocurrencies have ever seen. This is not something that can be achieved through hype alone, and the project needs to have true quality and value in order to see such massive development in the middle of the longest and harshest crypto winter in…

Continue Reading

Elite