EOS #1 and TRON #2?

China Rates TRON as the 2nd-Best Cryptocurrency

TRON secured 96.8 points in technology and 24.6 points in applicability, Ethereum, the most valuable smart contracts protocol in the global market, fell short at 73.8 points in technology and 29 points in applicability.

WHY IS TRON SO HIGHLY RATED?

Since October 2018, within four months, the daily transaction volume of the TRON blockchain network has increased from 130,000 transactions per day to 1.7 million transactions by over ten-fold.

The TRON blockchain network is able to maintain a large transaction capacity due to the structure of the network that relies on a group of nodes called Super Representatives that play a vital role in TRON’s Delegated Proof of Stake (DPOS) consensus mechanism.

Unlike Ethereum or Bitcoin that rely on the Proof of Work (PoW) consensus algorithm which requires miners to verify transactions by using electricity and ASIC miners, blockchain networks like TRON and EOS are more dependent on a certain group of nodes or network representatives voted by other nodes.

There exists a tradeoff between decentralization and scalability in blockchain development; for a blockchain network to achieve high transaction capacity in a short period of time without second-layer scaling solutions, it has to compromise on the level of decentralization on its network. Read The Full Article Here