Another Season of Steemitcryptoacademy lecture. Hoping to learn and explore more in the lectures from @alphafx .
Great lecture time with @alphafx , understand blockchain more.
ASSIGNMENT
COMPARISON BETWEEN TWO BLOCKCHAIN PLATFORM OF YOUR CHOICE
I will be talking about my favourite blockchain platform ETHEREUM and BINANCE. These two platform has been so encouraging lately in cureent market .
ETHEREUM
ETHEREUM founded in 2014, as a ALTcoin . Has so increase in the recent market to be the second cryptocurrency platform in the world. Its actually gaining ground so well and hoping for a better pump sooner.
ETHER as the coin used to send, receive and swap/convert to other cryptocurrency platform.
BINANCE
BINANCE founded in 2017, and has its coin to be BNB. Had a fast growing centralized and decentralized system.
It allows users to make use of POS (PROOF OF STAKE) where those who stake coin have validate in transaction.
COMPARISON BETWEEN ETHEREUM AND BINANCE
♤Decentralization
♤Transaction Fee
♤Transaction Speed
Decetralization
All cryptocurrency platfrom undergo decentralization. Ethereum and Binance are decentralized blockchains platforms which doesn't require agent effort.
Ethereum has more decentralized apps compared to Binance.
Transaction Fee
Ethereum fee charges is very high compared to Binance fee charge which isnt up to a dollar.
Transaction Speed
Ethereum has a slower speed rate comapre to Binance which has a fast speed rate..
CONCLUSION
Ethereum and Binance cryptocurrency platform is a gaining platform in crypto market. Hoping for both platform to pump..
Kudos to @steemitblog for the updates.
@alphafx for a great lecture
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Thankyou @fluzzy for sharing this to the community.
You really gave a detailed essay writing in comparing eutheriums and finance.
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