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Case Study - Identifying The Best Featured Cryptocurrency

Choice is a great thing particularly when it comes to decentralized technologies, but with the boom experienced in the bull-run of  late 2017, early 2018, there are questions as to whether the increased number of projects can lead to further confusion, particularly with those who are interested in the space but not fully conversant in the technology.

In this article we will be looking at four different platforms and what they bring to the table as well as the problems they’re trying to solve: Ethereum, Ripple, Apollo, and Tron.

Ethereum logoShutterstock

Ethereum

Ethereum is a programmable Blockchain platform that is by far the most mature of the group, having been live since mid-2015. The premise behind Ethereum was to add a programmable layer to create a platform that can be used to decentralized more than just simple currency.

It suffered several challenges along the way, notably the DAO hack which caused a hard fork but having recently regained its second place by market cap proves that there is a strong community backing this project. This is evidenced further by the number of Solidity programmers that are available which is augmented by the number of tools that are available as well as by how well the platform is documented, maintained.

It remains to be seen how effectively they manage to overcome the evident scalability issues that are plaguing the platform, with which many see as an important hurdle that must be overcome if this platform is to consolidate its position but with a roadmap to do so there is cautious optimism amongst many of its proponents.

Interest in Ethereum also comes from businesses and organisations that can deploy their own Ethereum-based blockchain within the private or consortium model.

Ripple

Unlike Ethereum which is programmable through Smart Contracts, Ripple is only meant to solve one very big problem very well: near real-time y...

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