Season 2 / Week 1: Blockchain Platforms 🖥️ ETHEREUM AND STELLAR,

rhina27 (60)in SteemitCryptoAcademy • 3 years ago

Good morning for the entire community of Crypto Academy, thanks to Professor @Alphafx for the class and here my task of the week.

Blockchain: It is an electronic database of transactions connected in a peer-to-peer system verified by multiple computers. I had to choose between four Blockchain (EOS, Ethereum, Tron and Stellar). Today I am talking about them about Ethereum and Stellar

Ethereum is a digital chain platform of blocks, better known as Blockchain. The Ether is its cryptomeda, it has now been shown to be one of the cryptomedas with a volatile value that has gone in growth very fast.

In 2013 in the month of December Vitalik Bulletin began with the development of the Ethereum with the first concept test and thus has gone in growth with each contribution and proof they perform. The Ethereum as Ether has the status of cryptodivisas, quoting it in financial markets.

_{eDesign made in Canva by @rhina27}

How does Ethereum work?

Its programming allows the creation of software to manage transactions and speed up their results. This is better known as a smart contract, what does this mean? That the contract is executed as its codes are written, thus avoiding that we place information manually.

This software is used mostly in insurance, real estate, legal, financial services, etc.

What is your profit?

There are no intermediaries
All users have access to the activity in the same market. There is a transparency.
You save time in manual processes.

Ethereum Source

Developer: Gavin Woody, Jeffrey Wilcke, Heikoheiko.
Operating System: Linux, Posix, Windows, OSX.
Programming Language: C, C ++, GO, Javascript, Python, Java.
Development Model: Open source.
Platforms: X86-64 ARM architecture

Stellar

Stellar is an open codes platform, a system of payments for banks and people. Stellar was founded by Jed McCaleb co-founder of Ripple and Joyce Kim a former lawyer. Its launch was on July 31, 2014.

Stellar began with good growth thanks to the Stellar Development Foundation, in 2015 improves the network with a consensus algorithm, using a cryptomeda or SCP protocol (Stellar Consens Stellar is based on Blockchain technology, are servers running accounting books that update each transaction, the servers communicate with each other.

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Stellar Source

You can send payments through "anchors" This functions as a link between the currency (X) and Stellar. Stellar has a great benefit can be sent money into a currency although its virtual portfolio is from another currency, because Stellar performs the conversation of the currency at the best market price and its receiver can withdraw it through a financial institution. Stellar.org, it works as a non-profit organization, has a 5% reservation of Lumens (Stellar cryptomeda), for operating costs, also admit donations.

This has done its great growth and that more people support the project. There is a record of all the transactions and balances of each user, each server has a copy, all these data are validated by the SCP (Stellar Consensus Protocol).

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Stellar Source

Conclusion: Comparison between both Blockchain. Ethereum not only counts as digital money as for its cryptomeda, all you have to tell how valuable you can negotiate and function as non-fungible tokens (NTF) with these Take you can apply for credits, each time the possibilities grow. It also has a decentralized finance system (DEFI), there are no intermediaries you only need to have the Internet and you can transfer, receive and send money anywhere in the world. If I am an Ethereum user and I create an intelligent contract to send Ether on a given date and time it will run without problems because supply the block chain all that is necessary. For its part Stellar is a platform at low costs of its transactions between cryptodivisas, for being non-profit. Allows you to buy Bitcoin with dollars saving the best-known Exchange Commissions, thus helping the most disadvantaged.

Stellar targets developing markets, it is a good choice for small businesses, small banks, corporate transactions, or non-profit foundations.

Through each of your platforms Stellar.org and Ethereum.org you can know through your cookies which option to choose I agreed on our needs. And you can see which platform adapts to you.

Without more to reference, you say goodbye to you @ Rhina27.

Cc:
@alphafx

#blockchain #alphafx-s2week1 #cryptoacademy #steemexclusive #cryptocurrency

3 years ago in SteemitCryptoAcademy by rhina27 (60)

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alphafx (67) 3 years ago

Would have loved to see more comparison. Good job on the points made

Scoring

Aspect	Score	Remark
Structural Presentation	1	adequately arranged
Adherence to instruction	1.5	all rules followed
Quality of content	2.5	Nice work, but needed more on the detailed comparisons
originality	1.5	Post is not plagiarized, a unique cover image too, nice job.
*TOTAL*	6.5	Nice work, I would have loved to see side by side comparisons on features. see you next week

Thanks for participating

$1.83

1 vote

[-]

rhina27 (60) 3 years ago

Thank you professor for the corrections and I will take into account the comments. See you next week.

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Season 2 / Week 1: Blockchain Platforms 🖥️ ETHEREUM AND STELLAR,

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