What is the best blockchain platform?
There is no definitive answer to this question as it depends on a number of factors, including the specific needs of a given business or organization. Some popular blockchain platforms include Ethereum, Bitcoin, and NEO.
Ethereum
Ethereum is a blockchain-based platform that enables developers to build and deploy decentralized applications. Ethereum also provides a decentralized virtual machine, the Ethereum Virtual Machine (EVM), which can execute scripts using an international network of public nodes.
As of July 2018, Ethereum has over 100 million active users and a market cap of over $42 billion. Ethereum is a decentralized platform, with no single point of attack or control.
Bitcoin
Bitcoin is a cryptocurrency and digital payment system. It is decentralized, meaning that there is no central authority that can control or modify the network. Bitcoin was created in 2009 by an unknown person or group of people under the name Satoshi Nakamoto.
Bitcoins are created as a reward for a process known as mining. They can be exchanged for other currencies, products, and services. As of February 2015, over 100,000 merchants and vendors accepted bitcoin as payment.
Litecoin
Litecoin is a cryptocurrency and a payment system based on the blockchain technology. It was created by Charlie Lee, an ex-Google engineer, and was launched in October 2013. Litecoin is considered to be more scalable than Bitcoin and has a faster transaction time.
Monero
Monero is a digital currency that uses cryptography to secure its transactions and to control the creation of new units. Monero was created in April 2014 and is based on the CryptoNote protocol. Monero is unique in that it is the only known digital currency that is privately owned and completely decentralized.
Monero is not subject to government or financial institution control and can be used to purchase goods and services anonymously. Monero is also known for its strong security features, including stealth addresses and ring signatures.
Ripple
Ripple is a payment network and digital asset XRP. It is based on the Ripple Protocol, which is open-source and decentralized. Ripple enables real-time global payments between banks and other financial institutions, as well as payment providers and real-time gross settlement systems.
Ripple was founded in 2012 by Brad Garlinghouse, Stefan Thomas and David Schwartz. The company has more than 100 employees, and its headquarters are in San Francisco, California.
Stellar
Stellar is a cryptocurrency that is built on the blockchain technology. It was created by Jed McCaleb and Joyce Kim in 2013. Stellar is designed to be used as a platform for exchanging money, goods, and services. The Stellar network is built on the Stellar Consensus Protocol, which allows for quick and reliable transactions. Stellar also has its own currency, Stellar Lumens (XLM), which can be used to purchase goods and services on the Stellar network.
NEO
NEO is a Chinese blockchain platform that aims to provide a digital asset and smart contract platform in addition to a distributed storage system. NEO is often compared to Ethereum, but with a focus on digital assets and smart contracts. NEO was founded in 2014 by Da Hongfei and Erik Zhang.
EOS
EOS is a blockchain platform that allows users to create, deploy, and use decentralized applications. The platform provides a software development kit (SDK) and an API to make it easy for developers to create blockchain applications.
EOS was founded by Dan Larimer, who also created BitShares, Steemit, and Bitshares. EOS is currently the fifth largest blockchain platform in terms of market capitalization.
Cardano
Cardano (ADA) is a decentralized platform and operating system that allows for the creation of smart contracts and distributed applications. It was founded by Charles Hoskinson and IOHK in 2016. Cardano is the first blockchain platform to achieve consensus without the need for a mining process.
IOTA
The IOTA Foundation is a non-profit foundation registered in Germany. It was founded in 2015 by David Sønstebø, Sergey Ivancheglo, Dominik Schiener and Dr. Serguei Popov. IOTA is an open-source distributed ledger technology platform that enablesmachine-to-machine transactions without the need for a third party.
IOTA has been dubbed the "Tangle" because it uses a novel data structure called a "tangle." A tangle is a directed acyclic graph (DAG) where each node represents a transaction. Each edge is directed and has an associated weight. The tangle is designed to be scalable and lightweight, making it suitable for use in large-scale IoT applications.
IOTA has been praised for its innovative technology, but has also faced criticism for its lack of clarity on its roadmap and its lack of partnerships.
NEM
NEM is a blockchain platform that was created in 2015. It uses a proof-of-importance algorithm to distribute coins and tokens. NEM is considered to be a more efficient and secure platform than other blockchains.