The battle between altcoins continues to rage on. In an attempt to become the best altcoin, Cardano and Tron have become two of the best performing and most promising coins. The two cryptocurrencies have in recent months dominated headlines with their unique prospects. They have however aroused a debate among experts over which one is better than the other. Although experts differ on this, there’s no denying that they are both dynamic and offer everything expected from an altcoin. Here’s a look at the coins and the projects that back them.
Since it was launched in 2015, Cardano has been one of the most dynamic projects. The project is being spearheaded by one of the most experienced entrepreneurs, Charles Hoskinson. If the name sounds familiar, it’s because he was the co-founder of Ethereum (ETH) and Ethereum Classic (ETC). These are two of the most successful cryptocurrencies right now. His vast experience has made the Cardano project standout as he has impacted everything his learned about blockchain and cryptocurrencies into it.
The Cardano project has remained relentless over the years it has been existence and this has resulted in some major partnerships. This has included governments looking to explore the project’s Smart contract platform. Recently, the project partnered with Metaps which will see the coin used in over 40,000 stores in South Korea.
Cardano aims at solving the challenges that face Ethereum. This includes scalability, seamless, and speed. It has also proven to have a better PoS (Proof of Stake) model than Ethereum. In terms of development, Cardano is not only thinking ahead of Ethereum but it is also thinking about the future of cryptocurrencies. Coming up with better solutions for cryptocurrencies. In its own right, it has not only done better than its main rival Ethereum, but also all other cryptocurrencies who might one day depend on what it is working on right now.
This year has been the most successful for Tron. The year saw the company launch its MainNet (whose accounts have now surpassed those of EOS) successfully leaving the Ethereum network. It has also launched a TronWallet for Android. Most recently, the project announced a partnership deal with Bitcoin Superstore, and BITBOX. The deal will allow TRX holders to shop using the coin in over 200,000 e-commerce shops. To top all these, the company also successfully purchased BitTorrent and has now launched uTorrent web.
Much of the success of the project can be attributed to the founder and CEO, Justin Sun. When it comes to partnering with companies, he knows his way around. For example, with the BitTorrent deal, it has been revealed that he wasn’t the highest bidder. The deal would also take months to get completed, making it one of the most talked about acquisition. Justin proved his devotion to the project and commitment ensuring that the deal was made. Before starting Tron, Sun worked for Ripple, he also has adequate experience of the inner working of the industry.
The Tron project plans to revolutionize the entertainment industry and the internet. Through their blockchain technology, the team is decentralizing the internet and the entertainment industry.
Tron is currently listed on 102 different markets and Cardano on 30 markets so when it comes to adoption, Tron is ahead. Given the difference in projects each is pioneering, it is predicted that Tron will be adopted faster than Cardano. But there is just no saying who will win this battle.