Daily, May 02, ’18

ETH, Telegram, Ripple, Google, IMF

  • Alexis Ohanian, Reddit co-founder, is pretty sure that Ethereum will be at $15000 by the end of the year when it will be used to develop Web 3.0.
  • Telegram abandons its plans to conduct a public sale raising $1.7 billion from investors which will be used to continue the development of its blockchain.
  • Ripple faces UK Parliament on volatility, security and benefits of crypto confirming that 120 financial institutions are now using Ripple’s software.
  • Google adds BigInt to V8, which makes JavaScript more attractive as a general purpose programming language, thus attracting more programmers to the Lisk platform.
  • The International Monetary Fund reports that cryptocurrencies pose no threat to global financial stability due to lack of international consensus on cryptocurrency regulation.

ETH

136.00 USD
-0.53%

XRP

0.3078 USD
-1.03%

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Is Ethereum Really ‘A Thing of the Past’ As Tron’s Justin Sun Claims?

The co-founders of Ethereum and Tron have recently engaged in a battle of wits on Twitter. In a recent interview, Vitalik Buterin, the co-founder of Ethereum had commented on the competition between Ethereum and Tron. He claimed that he would “lose hope in humanity” if Tron usurps Ethereum. Justin Sun came with a witty response on Twitter satirically praising Ethereum while at the same time diplomatically placing it to a veteran status; a thing from the past. Recently, a Chinese Institution also ranked Tron above Ethereum in its list of Public Blockchains. When #TRON succeed, we will build a monument in memory of #ethereum! @VitalikButerin will be remembered for his tremendous contribution in #blockchain industry! #TRX #BTT https://t.co/ig3Yg50NND — Justin Sun (@justinsuntron) March 24, 2019 Ethereum vs Tron: let’s Look At the Facts Ethereum, released in 2015 is the pioneering Dapps Platform currently placed second w.r.t total market capitalization. Tron Foundation was initiated in 2017 on the Ethereum platform itself. However, it is far more capable can Ethereum in terms of scalability and has also implemented Proof of Stake (PoS) on its Blockchain. Tron is currently ranked 11th w.r.t total market capitalization. Transactions per day Ethereum transactions per day chart The transactions on Tron are four times that conducted on Ethereum. Therefore, the usability of Tron is far greater than Ethereum. The number of transactions on Ethereum is primarily in the 500k-600k range. No. of transactions per day on Tron While the number of transactions executed on Tron per day is ranging in the 1.5 M to 2.2 M range, the volatility in the ‘number of transactions’ on Tron is considered significant. The transactions are ranging from 2.9 M to 1.5 M in fourteen days. The number of Dapps that follow TRC-20 protocol is increasing at a rate of one new Dapp every day. The race to the Top The Total Market Capitalization of Ethereum is almost $13 billion more than Tron. The total circulating supply of Tron is 66.68 billion, while the total quantity of Ether (ETH) tokens is 105.5 Million. Therefore, to overcome a difference of 13 billion dollars, Tron would have to gain ten times its current price while the price of Ethereum remains the same. The growth of Tron is exponential. Nevertheless, looking at the current statistic and development of Ethereum, Buterin’s Ethereum might have the upper hand on Tron in terms of price. However, the reward vs. risk ratio on Tron is comparatively less than Ethereum at current prices. Moreover, Tron leads in front of Ethereum in terms of technical prowess. Hence, only time will tell whether Justin Sun’s claims are really true. What are your views on which platform be the ultimate leader in Dapps and smart contract development?  The post Is Ethereum Really ‘A Thing of the Past’ As Tron’s Justin Sun Claims? appeared first on Coingape.
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UPS Cuts Deal with Blockchain Company Inxeption

The post UPS Cuts Deal with Blockchain Company Inxeption written by Richard Kastelein appeared first on Blockchain News - Security and Utility Tokens, Tokenomics, Cryptoeconomics Setting up, selling and shipping products online will now be easier for UPS’s B2B clients thanks to a new alliance between UPS and e-commerce technology company Inxeption.   “The growth of e-commerce is driving B2B buyers to expect the same fast and convenient shopping experiences that consumers enjoy,” said Kevin Warren, chief marketing officer for UPS. […] The post UPS Cuts Deal with Blockchain Company Inxeption written by Richard Kastelein appeared first on Blockchain News - Security and Utility Tokens, Tokenomics, Cryptoeconomics
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