"Cardano vs EOS
Both Cardano and EOS are the cryptocurrencies of the third generation, or the third wave, as it is sometimes called. They studied their predecessors, and have discovered that they lack in several aspects, which these cryptos are trying to improve, in order to provide users with better solutions. These aspects include sustainability, scalability, as well as interoperability.
Both of them are still being developed, which means that they might change a lot when their final versions are ready to come out. Still, we will take a look at them as they are now, and try to see what makes them worthy of being the winners in this cryptocurrency battle royal.
EOS
EOS is a cryptocurrency that currently holds the fifth rank as per CoinMarketCap. Its price is at $10.56 at the time of writing. The coin has just launched its MainNet and is currently in the process of transitioning. Its creator is Dan Larimer, who has had multiple major cryptos and blockchain-related projects in the last decade. As for the cryptocurrency’s owner, that is currently the company called Block.one, led by Brendan Blumer. This is the very same company that has developed EOS’ MainNet, called EOSIO.
READ Cardano Newsletter: Why it is Judicious to Put Your Trust on ADA This Year
EOS has received a lot of skepticism in the past, especially due to the fact that it is a rather ambitious project. Its goal is to create an Ethereum-like platform that would allow for creation and use of dApps. The platform is to be completely free, and it has already been witnessed that it can handle a colossal number of transactions per second. Both, the platform, as well as the smart contracts, are built via C++.
Cardano (ADA)
Cardano is a very young and new cryptocurrency that was founded by Charles Hoskinson. One interesting thing is that Hoskinson is actually one of Ethereum’s co-founders, who left the team in 2014 due to different views on how the project should be structured. After leaving the team, he started a new blockchain-building and crypto-governing company with Jeremy Wood, a former colleague from Ethereum, and they called it IOHK.
After the value of cryptos skyrocketed, the two decided to liquidate, and have apparently managed to receive enough to keep their company ‘open for decades’. This is when Cardano (ADA) came to be.
Cardano holds the 8th place on CoinMarketCap, and its coin’s value is $0.163766. It has been much more stable than almost any other cryptocurrency in the last six months, despite the fact that its value dropped after the crypto hype that was witnessed in December 2017. It is still being developed, but it seems to be on the right track and has had a lot of success when it comes to inspiring trust in investors."(global coin report)
Hope you enjoyed this article, I know I did as cardano and eos are two of my most favorite projects. Let me know what you think in the comments below.
Read more at http://globalcoinreport.com/eos-vs-cardano-ada-which-coin-holds-more-potential/
works cited
Raza, Ali. “EOS vs Cardano (ADA) - Which Coin Holds More Potential?” Global Coin Report, 20 June 2018, globalcoinreport.com/eos-vs-cardano-ada-which-coin-holds-more-potential/