On this occasion, I will complete the homework given by professor @alphafx which is discussing blockchain. The task this time is to compare 2 different blockchains and we will see what are the advantages of each blockchain. The blockchains I will take are Tron and EOS.

A Brief Explanation of Tron and EOS

Tron

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Tron is a platform created in 2017 by a community in Singapore and is known as the Tron Foundation. The founder of Tron is Justin Sun who is also the CEO of the Tron Foundation. The goal of making the Tron Blockchain is to create a system based on global digital entertainment content and without payment. The technology it offers is an easy cost to share digital content globally.

Initially Tron was in the Ethereum Blockchain system, then he separated himself from the Ethereum Blockchain and made his own Blockchain as the basis for his Cryptocurrency called Tron (TRX). The Tron blockchain offers various things that have never been felt on the Blockchain before, namely speed and low transaction costs.

EOS

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EOS is a decentralized blockchain that aims to process transactions quickly and for free. Because indeed the constraints of all transactions are transfer speed and high fees, this is what the EOS Blockchain will fix.

This blockchain also allows smart contracts, which means that developers are allowed to launch DApp, because EOS sees that DApp is a future innovation on the internet that cannot be ignored. This is what makes EOS very popular with investors and even in its ICO process, EOS is the record-setting for ICO history with the longest ICO process, which is almost 1 year and was able to raise hundreds of millions of US dollars from investors.

Comparison Between Tron and EOS

There are several things that I will take as a comparison between Tron and EOS, please read comfortably.

1. Number of Transactions per Second (TPS)

From my explanation above, we can see that both Blockchains prioritize speed in transactions. Tron has a capacity of 2000 transactions per second. But EOS more superior with the number of transactions that can be handled as many as 3000 - 4000 transactions per second.

2. Transaction Fee

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In terms of transaction fees, both blockchains have low transaction fees, but there are slight differences in the transaction fee collection systems on these two blockchains.

The Tron blockchain takes a transaction fee of 0.000005 cents per transaction, while EOS charges a "Gas" fee, the meaning this gas fee is that we buy a "Gas" which we will use as fuel to make every transaction, and this "Gas" we can use in the period a certain time, so we only need to pay once for all the transactions that we will do in a certain period, and the cost of buying "Gas" is quite cheap.

3. Blockchain System

The Tron blockchain takes the code system from the Blockchain where he used to take shelter, namely the Ethereum Blockchain, this is because the founder Justin Sun used to work on the Ethereum Blockchain system and from the developer Tron himself does not have a team tasked with making a Blockchain system that is different from other blockchains.

Meanwhile, the EOS Blockchain is already independent by creating its own blockchain system, because from the start, the EOS developers have targeted EOS for the long term and have prepared a team for its Blockchain business.

4. Security Level

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From the third point above, we can actually conclude which Blockchain has a better level of security. Yep, EOS is the winner. From the system used by each blockchain, it has become a separate benchmark for the level of security of a blockchain, the newer the system used, the more difficult it will be for hackers to hack.

5. Total Coin Supply

The total supply of TRX, which is a cryptocurrency from the Tron Blockchain, has a total supply of 100 billion coins, while EOS only has a total supply of 1 billion coins. This can be a factor in the ups and downs of the value of coins from each blockchain.

6. Investment Term

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If you want to invest in these two blockchains, you must pay attention to this point first. If you like investing, I recommend EOS because indeed EOS is a project made for the long term, this can be proven by its increasingly guaranteed security and its cryptocurrency prices which tend to continue to increase. On the other hand, I don't recommend investing in Tron, as its blockchain system uses its predecessor Ethereum and would be easily hacked by experienced hackers.

And if we look at the total cryptocurrency supply from each blockchain, EOS is far less than Tron, this will make the price of the EOS coin more stable and even increase over time due to the increasing demand from EOS.

Even if you want to invest in Tron, I recommend investing in the short term only to avoid big losses. But for the long term, EOS is the best choice.

For a summary of the comparison between the Tron and EOS Blockchain, you can see the table below.

Comparison Table

Conclusion

Based on the points above, I have concluded that the EOS Blockchain is better than Tron. However, this does not mean that the Tron Blockchain is bad, each Blockchain has its own advantages and disadvantages, it is up to us to decide which one is the best for us personally.

Thank you for reading my article, I'll see you in the next article.

CC:

@alphafx
@steemitblog
@steemcurator01
@steemcurator02