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TRON vs EOS: Which One Is Better?

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TRON vs EOS
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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.

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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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Altcoins

CoinFlip Scores Big with BRD Wallet Partnership

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CoinFlip
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As the crypto markets move closer to mass adoption, one of the keys for future success will revolve around attracting as many market participants as possible.  While many crypto users are extremely tech oriented, a lot of those on the sidelines are not.  The cause of waiting on the sidelines could be due to a variety of reasons such as fear of the unknown, lack of knowledge, age, or a combination of all of the above.  In order to entice new users to join the crypto revolution, crypto ATMs are rising up across the country.  Of those, the largest and most influential crypto ATM company by a significant margin is CoinFlip.

In early October, CoinFlip announced on its Twitter that it had officially partnered with BRD Wallet to re-introduce their crypto ATM map.  Now, BRD wallet users will be able to locate their nearest CoinFlip ATM and receive a 10% discount for both buys and sells.  BRD brand awareness is growing quickly within the crypto community thanks to its innovative and entrepreneurial spirit.  The team strongly believes in the value of financial freedom and independence, and want to empower people across the world by leveraging the possibilities that Bitcoin and other cryptocurrencies provide.

Cryptocurrencies are already making a huge difference around the world.  Citizens of Venezuela, a country devastated by rampant inflation, have been using several cryptocurrencies…

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Can Libra help the crypto industry to reach new heights?

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Libra is motivated and determined to change the face of payment procedures across the globe and make the blockchain-based project the leaders of payments.
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The market for cryptocurrencies started with the launch of Bitcoin in 2009, and since then, so many cryptocurrencies have been launched that it gets hard to keep track of them. The crypto market has seen massive growth in the past 3-4 years as it started gaining attention from mass media, which helped in this boom.

From the past 2-3 years, several new cryptocurrency projects were launching in the market. Amid all this, the social media giant – Facebook announced the launch of their cryptocurrency platform, and this news got viral like wildfire. The announcement came forward in June, and the upcoming cryptocurrency is known as Libra, and it’ll come with its dedicated wallet called Calibra.

What is Libra?

Libra is a permissioned blockchain-based digital currency which is being developed under the supervision of Facebook’s vice president, David A. Marcus. The cryptocurrency is under development in partnership with an independent, non-profit member Libra Association. Facebook is the second member of the project, and these companies aim to use Facebook’s user base for the promotion of the digital currency when it is launched. The transactions and the cryptocurrency will be managed and cryptographically entrusted by the Libra Association.

Note: Libra Association was established by Facebook to look after the cryptocurrency and the transactions, and it was founded in Geneva, Switzerland.

The development of…

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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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