Hello fellow Steemians and welcome to my home work task submitted to Prof @alphafx

Assignment:
Give a detailed comparison between two blockchain platforms of your choice.

Before I go into the comparison of the two Blockchains I have in mind, I will like us to refresh our memory on what Blockchain actually is.

BLOCKCHAIN

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Blockchain is a digital ledger that stores and duplicate records of transactions which are shared across the entire network of computer systems on that Blockchain.

The reason why Blockchain stores, duplicate and share this information, it is because by doing this, it makes it nearly impossible or even impossible to cheat, change or hack the system and also for accountability and transparency purpose.

So the two Blockchains I will be writing about are;

• Ethereum Blockchain

• Tron Blockchain

ETHEREUM BLOCKCHAIN

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This is an open-source decentralized Blockchain which includes smart contract functionality.

On the 19th December 2016 Ethereum exceeded one million transactions in a day making it the most actively used Blockchain.

According to Wikipedia, Ethereum Blockchain uses Merkle trees for security reasons, to improve scalability and to optimize transaction hashing. And with all Merkle tree implementation, it has room for storage savings, set membership proofs and not only that but also light client synchronization.

TRON BLOCKCHAIN

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This is also a decentralized network whose aim is to build a trusted ecosystem among content creators, it is also focused on reducing the cost of accessing work made digitally. By using the Blockchain feature and peer to peer network, Tron tries to cover the gap that exists between content creators and content consumers by eradicating the middleman. This results to over all reduction cost for the consumer.

COMPARISON BETWEEN ETHEREUM BLOCKCHAIN AND TRON BLOCKCHAIN

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• They are both public Blockchains and are designed to be fully decentralized with no one individual controlling them.

• They both enable Decentralized Application (dApp) developers to create complex protocols via smart contract and also utilize it

• They both use concepts like decentralized finance (defi) and permissionless systems for creation of tokens (ER20 & TRC20)

• Both Ethereum and Tron Blockchain has a three layer architecture.

• They are both secured, reliable, fast and transparent.

DIFFERENCES BETWEEN ETHEREUM BLOCKCHAIN AND TRON BLOCKCHAIN

SN	Properties	Tron	Ethereum
1	Coin Ranking	18	2
2	Price (USD)	0.137	2362.731
3	Market Cap(USD)	9,836,204,908	272,823,931,652
4	Available Supply	71,659,700,000	115,470,000
5	Founded	July 2017	July 2015
6	Implemented in	Java	Go, Rust C++, Solidity
7	Targeted at	Decentralized internet and it's infrastructure	dApp platform
8	Transaction Speed	15 Seconds	6 Minutes
9	Transactions per Second	Upto 1500 trx per Second	25 trx per Second
10	Consensus Algorithm	Delegated proof of stake (DPoS)	Proof of Work

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In conclusion both Ethereum and Tron Blockchain has come to stay and they will both stand the test of time and the best time to invest in these platforms was in 2015 and 2017 respectively, the second best time is now.

Thank You for taking your time to read through my work, I hope you have learnt a thing or two. God bless.

Cc:
@alphafx