When it comes to digital currencies, there are a few that stand out above the rest. Bitcoin is the original and still the most well-known, but others are quickly gaining ground.
One of these is Ethereum, which has been making waves in the world of cryptocurrency.
Ethereum has only been around since 2015, but it has already established itself as a major player. Its rise in popularity is due to its unique features, which set it apart from other digital currencies.
For one, Ethereum is more than just a currency. It’s also a platform that can be used to build decentralized applications.
This makes it attractive to developers and helps to fuel its growth.
Another key selling point is its flexibility. Ethereum’s blockchain can be used to create all sorts of different tokens, which gives it a lot of potential for real-world applications.
So far, Ethereum has been very successful and its popularity is only continue to grow. However, there are other digital currencies that are gunning for its throne.
These are known as “Ethereum killers” and they’re all vying for the title of best cryptocurrency.
The most notable Ethereum killer is EOS, which launched its mainnet in June 2018. EOS boasts some impressive features, such as faster transaction speeds and scalability.
Investing in cryptocurrencies is a risky endeavor, and the phrase “Ethereum Killer” should not be taken as an endorsement for any particular coin. Do your own research before investing in any cryptocurrency and always be aware of the potential risks involved.
It also has a strong team behind it, which includes Block.one CEO Brendan Blumer and Dan Larimer, the creator of Steemit and BitShares.
EOS is already off to a good start, with a market cap that currently exceeds $5 billion. However, it’s still early days and it remains to be seen if EOS can dethrone Ethereum as the king of digital currencies.
Another strong contender is Cardano, which launched in September 2017. Cardano is similar to Ethereum in that it’s a platform for building decentralized applications.
However, it uses a different consensus algorithm called Proof-of-Stake (PoS). This makes Cardano more energy-efficient than Ethereum and could give it an edge in the long run.
Cardano also has some big names behind it, including Charles Hoskinson who was one of the co-founders of Ethereum. With a market cap of over $1 billion, Cardano is already making waves in the cryptocurrency world.
There’s also TRON, which was founded by Justin Sun in September 2017. TRON is designed to be a decentralized entertainment ecosystem and it already has a loyal following thanks to Sun’s aggressive marketing tactics.
TRON also has partnerships with some major companies, including Baidu and Game.com.
At the moment, TRON doesn’t have the same level of functionality as Ethereum or other platforms. However, Justin Sun is nothing if not ambitious and he’s confident that TRON will eventually surpass Ethereum in terms of user adoption and popularity.
Only time will tell if he’s right.
So far, Ethereum has been the clear leader in the world of cryptocurrency but there are several strong contenders gunning for its throne. EOS, Cardano, and TRON all have their own unique selling points and they’re all making significant progress.