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By CCN.com: Brock Pierce, co-founder of Blockchain Capital, a leading venture capital firm focused on the cryptography industry, said that EOS and TRON thrived based on the number of decentralized applications (DApps ) and active users in the market. the two intelligent contract blockchain protocols.
Last year, as alternatives to Ethereum (ETH), EOS and TRON put the emphasis on scalability in order to create a more efficient ecosystem for developers.
EOS and Tron are crushing it.
Https://t.co/Nku3m9x77d recently released its annual report on the Dapp market. It summarizes the data and provides information on the ecosystems of app.
EOS snapshot:
– 235 dapps
– $ 3.5b Tx Flight
– 171k active users
– 107m TxMore here: https://t.co/oJC3lkewqW
– Pirock PiErce ???? (@brockpierce) January 25, 2019
Although Ethereum still retains control of the market as the first major smart contract protocol, a report from Dapp.com revealed that EOS and TRON were experiencing a rapid growth rate and that they were reducing their delay on Ethereum.
Does the bet of EOS and TRON to focus on scalability appeal to crypto developers?
According to Dapp.com, EOS recorded the largest number of chain transactions in 2018 among all intelligent contract block chain networks, exceeding Ethereum, TRON, Cardano and Steem.
The researchers wrote:
EOS has become the largest block chain in terms of transaction amounts and volume in two quarters in 2018. 97% of transactions involved games of chance and 75% of trading volume came from betting games.
EOS, TRON and other blockchain projects focused on scalability can reach a high daily volume of transactions due to the presence of a group of nodes that hold more authority than the rest of the community.
EOS and TRON have established a group of nodes called Masternodes, which badume many of the key roles that influence the long-term growth and sustainability of their respective blockchain networks.
"The EOS masternodes play a key role in the development of the EOS dapp ecosystem. They have developed various tools to facilitate the creation of accounts and the loan of resources. And many EOS dapps are advised or invested by the Masternodes, "the researchers noted.
A common criticism against both projects is that the existence of a group of node operators with more authority than others presents a level of centralization higher compared to Ethereum and other structurally decentralized crypto-currencies such as Bitcoin.
Previously, Nick Szabo, a pioneer of cryptocurrency and smart contract, had expressed concern about the ability of EOS to freeze portfolios or funds based on criteria defined by a certain group of companies. people.
Szabo has explained:
In EOS, some unknowns can freeze what users thought was their money. Under the EOS protocol, you have to trust a "constitutional" organization of people you probably will never know. The constitution of the EOS 'is socially indescribable and a security breach.
As such, while scalable blockchain networks can generally achieve greater transaction volume capacity, there is a trade-off between scalability and decentralization.
For developers, especially teams working on DApps, scalability is crucial for processing large batches of data in a very short time. In the last three months, EOS and TRON have been successful in attracting developers and DApps who need flexibility in data processing and capacity.
The aggressive approach of TRON
DApp.com researchers pointed out that TRON, a blockchain project led by Justin Sun, was pushing hard for the adoption of its protocol. The report states that TRON has launched a $ 2 billion project, confirmed by Sun, and is spending hundreds of millions of dollars to promote its DApp ecosystem.
When we launched our testnet, I announced that one billion US dollars would be spent on #TRON community rewards program. Now this number is 2 billion! Welcome to Project Genesis. #TronPG $ TRX #TRX pic.twitter.com/048Vu1OipT
– Justin Sun (@justinsuntron) April 14, 2018
Until now, the TRON approach has paid off. In the last three months, TRON has outperformed both the US dollar and Bitcoin. It remains to be seen, however, whether TRON's momentum is sustainable, particularly in terms of price, as badysts generally expect the bearish cryptocurrency market to expand to # In 2019.
In addition, the price of TRON remains down more than 89% from its record level. In one year, Bitcoin remains the most efficient cryptocurrency on TRON and EOS.
Click here for an EOS graph in real time and here for a real-time TRON graph.
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