Steemit Crypto Academy | Season 2:Comparison Between Tron and Ethereum Blockchain Homework Task Given By @alphafx And Sumitted By @kingworldline

in SteemitCryptoAcademy3 years ago (edited)

I really appreciate your lecture @alphafx and also congrats to your appointment as one of the Professors must especially as a Nigerian representer.
Here am to drop the real emphasis on the comparison between Tron network and Ethereum as a network.

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INTRODUCTION TO BLOCK CHAIN TECHNOLOGY

Blockchain technology is a ilinked decentralized ledger that keeps the records of provenance digital assets, which is caption as Distributed ledger Technology (DLT), this makes all input as history to be transparent through the help of decentralized and cryptographic hashing.

VIEW OF BLOCKCHAIN TECHNOLOGY NETWORKING
Conceptual-view-of-the-Blockchain-based-Social-Network-System.png

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COMPARISON OF TRON VERSUS ETHEREUM

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The above shortlisted are cryptocurrencies often seen to have the same similarity with difference in between their entities.

Starting with the TRON(TRX)
In the technology networking Tron as a network is a decentralized networking system,
in this system focus on reducing the cost of digital works. Having Tron at the side of the bridge give access to client that feature in direct entry payment which also incline the system to create a free fee charge with a balance share in between the creator and clients.
According to reports says that the reason behind Tron and Ethereum was that the former was initiated from the Ethereum, with code being hijacked from the the former.

In the other hand as we have ETHEREUM (ETH)
This is also a decentralized blockchain system that lays down work on the digital currency exchange which implies an open sourced blockchain which aim to decentralize the currency exchange. this platform is currently in second in the log as the most famous crypto-currency after bitcoin.

TRON VERSUS ETHEREUM

  1. DECENTRALISATION:
    This is the core value on crypto the both,Tron and Ethereum are seen to be decentralized blockchain, this platforms gives no room for third-party, and it was observed Ethereum have more nodes over Tron on networking which declares that Ethereum is more decentralized than that of theTron.
    VERDICT: Ethereum is more decentralized.

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2.NETWORK SECURITY:
Security should be the case to the both entities, Tron and Ethereum are all doing well regards to security at the mainnet level the demarcation lies on how buoyant the third party of the dApps are.
According to research it was noted that Ethereum as body work more on developing documents than that of tron regards to security.
VERDICT Ethereum are more security conscious than Tron.

3.SPEED OF TRANSACTION
On the ecosystem world the block chain transaction depends on network traffic, transaction frees, size of it, block time. In this aspect the Tron have an effective speed on processor, at the moment Tron's transaction is stipulated at 15 seconds while the Ethereum is 6 minutes.

VERDICT: Tron transaction is faster than Ethereum


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4.MARKET VALUE:
Each block have it's value on the market like the Bitcoins, Ethereum, Tron and others as of 12:26 PM 15th-4 2021 on Roqqu Tron and Ethereum was at their own exchange rate in market value as is shown below

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VERDICT: Ethereum have the highest value in between the two

5.COMMUNITY SUPPORT:
The cryptocurrency is rapidly taking the ground over the centralized system known as (CEFI), which have being adopted by different community in the world as a means liquid currency uses in exchanging marketing, in respect of Tron and Ethereum each of them have their value on the community level, on Facebook community it was noticed that Tron have more than 943k while Ethereum has 193K fellowers as shown below.

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BENEFITS OF TRON AHEAD OF ETHEREUM:
1.TECHNICALLY: Tron is advanced than Ethereum in currency.
2.*** SPEED:***The rate of transaction speed of Tron is far better than Ethereum.

BENEFITS OF ETHEREUM AHEAD OF TRON
1.SECURITY: Ethereum is more secured and decentralized than Tron.
2.ON MARKET: Ethereum has a very big share on cryptocurrency, which gave it an edge to be second on the log among others after the leader Bitcoin.

CONCLUSION
With the points made to the justify of the comparison between Tron and Ethereum is now said that Tron as currency is directly proportional to Ethereum and inversely with difference in functionality in between them.

SPECIAL REGARDS TO
@alphafx
@steemitblog
@steemcurator01
@steemcurator02

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Scoring

AspectScoreRemark
Structural Presentation0.5lacking in presentation
Adherence to instruction1.5all rules followed
Quality of content3.5Nice work, but needed more on the detailed comparisons
originality1.5Post is not plagiarized, nice job.
TOTAL7Nice work.

Thanks for participating

 3 years ago 

Thanks a lot all correction noted @alphafx

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