TRON(TRX)
I think many of us using Steemit will know tron because of it recent partnership with the steemit block chain, tron has an interesting history because it was once using the ethereum blockchain erc-20 to operate it's transaction before changing to peer to peer network, it is a decentralizes platform obviously because defi is the future that every body except criminal banks and this future of decentralized transaction is already here and it will absorbed by a lot of people who are tired of being robbed by banks and Tron falls under the category of defi which was founded by the genius Justin Sun and his smart team.
Why I Love Tron
Is the ability to run Dapps, Tron was created for content creators who want transparency and speed because launching any thing on the Tron blockchain is free all you need is your fans, it was made for creators like game developers, musician and so on as for me i love Tron.
| Property | Remark |
|---|---|
| Industrial Use case | Multi use |
| Governing body | Co-governance of Tron Foundation and Tron Community |
| Ledger Type | No Permission |
| Consensus Algorithm | Delegated Proof of Stake |
| Smart Contract Compatibility | Yes |
| Speed | 2000 transactions per second |
| Token rank | 17 |
NEO (NEO)
I personally don't know much about Neo but what I know is it was founded in 2014 and it was once called AntShares before it was changed to Neo in 2017, it was created to apply blockchain technology meaning to make assets digital that is why it runs a smart contract and it goal is to creat a smart economy.
The Great Thing About NEO
Neo has something Tron don't, Neo sometimes called the chinese ethereum killer runs smart contracts and also the creation of Dapps like Tron but there is another thing it have possess that Tron do not have which is the ability to turn non digital assests to digital that is the great thing about neo.
| Property | Remark |
|---|---|
| Industrial Use case | Multi use |
| Governing body | By the people, for the people |
| Ledger Type | No Permission |
| Consensus Algorithm | the delegated Byzantine Fault Tolerance mechanism |
| Smart Contract Compatibility | Yes |
| Speed | 10,000 transactions per second |
| Token rank | 34 |
Conclusion
There are a lot of ethereum competitors now which is good because they are not only trying to fix the issue we face with ethereum but they are also bring new use cases and that will bring more people to the crypto community.
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