Steemit Crypto Academy | Season 2: Blockchain and Platforms

in hive-108451 •  4 years ago 


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This season two we come with strength and hope giving thanks to God and to all the members of the steemit team. In general we will be discussing 2 projects based on the blockchain are projects that help us in different tasks but generate a very welcoming ecosystem and improve the process of transfers and trade exchange between currencies and financial institutions.



The Blockchain


We define the blockchain as a free decentralized network where it has no ruler or intermediaries work under a network of blocks each blockchain project tries to improve the previous one by adding or removing factors that influence the need for each of the investors as the time and charges sent, the blockchain works under a hash block chains are combinations as if it were the adc but in the network. thus leaving the free space for any user to have access to the visualization of the same.



I want to talk about two projects that I loved Stellar and Ethereum.


Stellar ( XLM) was launched in 2014 calling itself stellar but it wasn't until 2015 that they called themselves lumens it works under its own digital code it is not minable like ripple but it differs from it because of its open network coding 95% of the coins were sold for its investors and 5% stayed in the company for operating expenses.

This platform performs fiat currency transfers thus decreasing the cost of sending between cryptographic transfers works as a bridge from CURRENCY $ to btc or XLM differs from Ripple for being younger and having the same creator we see that they have solved several problems say it can have a good future in the blockchain network.



Ethereum the silver token platform.


Ethereum was created in 2017 by vitalik buterin, a programmer of dual Russian and Canadian nationality. It works under the ether blockchain that allows the creation of smart contracts and was created to solve some of the problems that Bitcoin brought at that time, allowing the creation of tokens under its chain, thus improving the ecosystem in the cryptographic world. choose the easiest way of transfers using your token can make payments and transfers to other users do not involve intermediaries and its network is one of the safest at the time although it continues to be fluctuating coming to cost $ 1 one day $ 1300 the next day and $ 390 the other day really do not know
exactly the value of tomorrow for that we will follow a pattern of statistics.



The big Differences between Stellar and Ethereum


•Eth: With references to Eth you can create smart contracts through its network to improve transfers and automate the process without the need to be on the pc the exact day at the exact time of the transfer to be made.

•Stellar: It is also possible to make automated transactions since it has compatibility with smart contracts just like ETh but with the difference that the prices are lower.

•Eth: It works with totally decentralized and open codes where everyone has access to the visualization of the market and to each transfer made.

•Stellar: Also has the same decentralized features and an interesting open source code.

•Eth The sending speed is 25 transactions per second.

•Stellar Has a sending capacity of 1000 transactions per second and supports 1 million accounts.



Eth works without permissions the blockchain ledger.


Stellar is a network that works as a bridge to be a public and private blackchain at the same time in its blackchain ledger similar to ripple.

In the following table we can see the current value of each Stellar and Eth coin we can buy it in any Exchange we want as they are very popular especially I recommend Binance for the process to be faster although you need to be verified KYC you can do it without any problem or you can also trade in pairs at your convenience this process is very easy and interactive for all who want to collect some of these coins.


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Conclusion

Although they have the same parent between Stellar and ripple they work in different ways but in comparison with Stellar and Ethereum they both offer good services and are necessarily important for the blockchain ecosystem i realize that in Stellar the transfers are cheap and creates a bridge in fiat currencies and digital currencies also in Ethereun i could see that you can create smart contracts and allows the creation of Projects based on their network. both Ether and Stellar use their own networks to improve the bugs that exist in each different ecosystem. both are widely used and with very high capital in the current market. stella seems to be a good project just like Ether. thank you all very much for reading my homework assignment with professor @alphafx



Cc:
@alphafx

THANK YOU VERY MUCH


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Scoring

AspectscoreRemark
Structural presentation1adequately presented
Adherence to instruction1.5all rules followed
Quality of content2.5Nice work, but needed more on the detailed comparisons
Originality1.5post is not plagiarized, nice job
TOTAL6.5well done, i would have loved to see side by side comparisons on features, see you next time

Thanks for participating