When it comes to decentralized smart platforms, we see a few take the limelight.
Now, while the market on the whole continues to grow, the future lies in these different decentralized platform based cryptocurrencies.
And we at GCA have a few that we think will go on to take over the smart economy in this decentralized future.
1. Ethereum (ETH)
Of course, the first one is Ethereum.
Ethereum was the first turing-complete decentralized platform allowing for the creation of Dapps and launching of ICOs.
And the price continues to run.
Which should not only help ETH become available for world use but run at speeds close to Visa.
Also called the “Chinese Ethereum” NEO currently sits in the top 10 of the coinmarketcap charts.
NEO is very similar to ethereum in that its goal is to build a smart economy, allowing for the creation of smart identities, the launching of ICOs and much more.
And a benefit of holding NEO in the NEON wallet is that one will receive a reward in GAS for its output.
This means that you can create cryptocurrency by holding it (almost like proof-of-stake) on this platform.
NEO also has something called NEP-5 tokens, a similar token to the ERC20, which allow for Dapps to have tokens on the NEO blockchain.
Being the creator of Bitshares, they already boast that EOS has incredible speeds that can outpace about any other decentralized platform in transactions per second.
Rivaling that of even Visa.
And recently they announced that they soon would be allowing for the creation of Dapps on their network.
Now the biggest benefit of EOS is one that the above two don’t currently (and most likely won’t) provide.
No transaction fees.
Without transaction fees, EOS will be a delectable choice for those that want to create a platform and increase user transactions, unlike Etheruem needing ETHER, or NEO needing GAS, EOS is free to transact.
4. Cardano (ADA)
Next up we have Cardano.
Created by Charles Hoskinson, who was also a founder of Ethereum, ADA is a competitor when it comes to the decentralized platforms.
ADA is aiming to have proof-of-stake, delegating, and create a whole network within the next year.
Now, the only problem is that they haven’t released a product which is testable and shows that this project is going to be one of the high performing ones of 2018.
But, we think it will.
It is just going to take a few of their newest upgrades to get it running.
Currently, ADA sits within the top 10 on Coinmarketcap and has been excelling largely in the trading atmosphere.
Although, in the next few years with light clients and quantum resistance, Cardano will become a major competitor for hopeful new companies looking to launch a Dapp.
Leave your favorite decentralized platform below! The GCA Team