235 DApps and $3.5 Billion in Transactions: Prominent Crypto Investor Sees EOS [and TRON] ‘Crushing it’

Although Ethereum still remains in control of the market as the first major smart contract protocol, a Dapp.com report revealed that EOS and TRON are experiencing a rapid rate of growth and closing their gap with Ethereum.EOS, TRON and other scalability focused blockchain projects are able to achieve a high daily transaction volume due to the presence of a group of nodes that hold more authority than the rest in the community.One common criticism against the two projects is that the existence of a group of node operators with more authority than others present a higher level of centralization in comparison to Ethereum and other structurally decentralized cryptocurrencies such as Bitcoin.So far, TRON’s approach has paid off. In the past three months, TRON has outperformed both the U.S. dollar and Bitcoin. However, it remains to be seen whether the momentum of TRON is sustainable, especially pertaining to its price given that analysts generally expect the bear market of cryptocurrencies to extend throughout 2019.Also, from its all-time high, the price of TRON remains down by more than 89 percent. In a one-year span, Bitcoin still remains as the better performing cryptocurrency over both TRON and EOS.


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