Great news for the lovers of blockchain technologies! Day by day, leading DLT-based projects mature, increasing not only the enthusiasm but also the expectations of investors. There are some important Blockchains you should watch out there and we’ve picked our favourites!
Beyond the interest in cryptocurrency prices (very important, indeed) the evolution of technology behind a token is something that captures the attention of millions of enthusiasts.
And with the incredible media coverage that some cryptocurrencies have had, there is no doubt that both technological and economic value have an intimate connection in the crypto universe.
If 2017 was the year of cryptos, 2018 will be the year of the blockchain. And of all the weeks of 2018, this one seems to be in sharp competition with the recent Blockchain Week.
The implementation of a mainnet is of vital importance as it implies the real birth of a project. It is an idea that has become a reality, and although there are important initiatives still in the development phase, three great ideas are coming to light this week:
Blockchains You Should Watch: TRON (TRX)
Created by Jack Ma’s disciple, Justin Sun, Tron is a blockchain focused on content distribution through decentralized protocols. This vision was theoretically “expanded” towards the goal of a decentralized Web.
In addition to the excellent business acumen of its creator, TRON’s popularity increased considerably after being recommended by John McAfee as part of his famous “Crypto of The Day” series.
One of the negative points that stained TRON’s reputation but which no doubt gave it considerable exposure was the accusations that it had copied its whitepaper text from other pre-existing projects.
Tron has been given great media coverage lately due to several strategies, among which are the acquisition of BitTorrent, several airdrops before the mainnet, partnerships with several startups and controversial announcements such as its advantages over Ethereum and even the statements of a “flippening” in which Tron will surpass Ethereum.
TRON is currently ranked number 9 in the global ranking with a market cap of $4,714,560,393: 300M behind Cardano and 400M after Stellar. However, it is important to note that regarding the volume of operations, TRON is ranked number 6.
Tron Will be released on May 30th.
EOS is one of the cryptos that has awakened more optimism in the last few weeks. The user base and the high participation of its developers have given it a high level of credibility in the markets.
EOS aims to be a platform for building decentralized apps, allowing any application to be built on the blockchain eliminating the need for content centralization.
EOS is currently ranked number 5 in the top cryptos, with a market cap of almost $11M – just 7M behind Bcash. However, at a trading volume level, EOS is in position number 4, surpassed only by BTC, USDT, and ETH, practically doubling BCH’s trading volume.
The launch of the EOS mainnet is planned for June 2nd.
Oyster is a blockchain that uses a combination of ETH and IOTA protocols to decentralize file storage in the cloud and provide a beneficial solution for users and webmasters to monetize their pages without the need for invasive strategies such as ads.
The developer explains in a few words the concept of Oyster in a bitcointalk forum:
“Oyster is a true ‘two-birds-one-stone’ project thats solves easy-access anonymous storage and traffic revenue generation. The Oyster protocol creates a set of network based economic circumstances which causes monetary value to flow from the pockets of those who want to spend on anonymous storage into the pockets of those who want to monetize their web content.
Adverts are distracting and invasive. They take up precious pixel space, often break the content and design continuity of websites, and are rarely politically neutral. Adverts must always be manually interpreted and approved for ethics compliance, therefore the system can never be fully decentralized. A famous example of a website that understands the inherent flaws in banner advertising is Wikipedia.
To illustrate the unseen economic potential of Oyster, imagine the potential revenue generation of Wikipedia. If Wikipedia enabled Oyster it would be able to pay for server costs without having to solicit their users for donations every year (which breaks design/space aesthetics like adverts and financially burdens the users themselves).
Payments to website owners are completely automated and decentralized, therefore no economic leverage is held against them.”
The Oyster Team has announced that the launch of Oyster’s mainnet will be on May 29th
Featured Image: twitter