Tron vs Elf
TRON has already transcended Bitcoin and Ethereum to become the first smart contract blockchain protocol with over 10 million (m) wallet users in the world. TRX introduces the concept of the shared economy into the digital entertainment. It puts texts, pictures, videos and live broadcasts in distributed storage with the users on the platform being content producers. The protocol used by TRON currently enables the digital entertainment content providers to interact with ordinary users to what is touted as an unprecedented level. Probably, this image of “futuristic” currency, makes many people positively predict its future. But the currency of Aelf is also an innovative idea worth attention.
Ælf project will interact with Bitcoin, Ethereum, and other Blockchain systems. Cross-chain interaction with mainstream Chains will be realized via messaging. And it will also form an endogenous multi-level cross-chain structure based on cross-chain interaction, in order to share the digital assets, users and information. ELF connects with Bitcoin, Ethereum, and other Blockchain systems via adaptor, in order to be compatible with existing popular eco-systems. Elf Side Chains include System built-in Ælf Side Chains and other chains generated based on the Ælf operating system or Ælf kernel. It is a bit complicated, but the specialists confirm that the project is worth attention.
Comparison of TRX and aElf
In case of aELF foundational public blockchain that is available for a large scale commercial use and support cross blockchain functions and multiple smart contracts. Dedicated to building a fundamental public blockchain that has a multi-layer blockchain infrastructure and is suitable for commercial level applications. The infrastructure a supports both private blockchains and consortium blockchains. As we read on the Huobi, The project is currently at the whitepaper phase. The mainnet is scheduled to be online in May, 2018. Comparing this coin into the TRX, you have to mention that ELF potential is high, especially when it appeals to the Asian market. In turn, TRX already has a good advertising and publicity on the internet. This coin had a good start and it is more popular today than ELF. aElf is just starting his adventure with the Exchange ;-)
New CryptoCurrenices with low prices?
The currencies inspired by Bitcoin are collectively called altcoins and have tried to present themselves as modified or improved versions of BTC. Nevertheless, virtual currencies such as Ethereum and Ripple which are being used more for enterprise solutions are becoming popular, while some altcoins are being endorsed for superior or advanced features vis-à-vis Bitcoins. Financial analysts have warned people away from cryptocurrency by arguing that it was too volatile to be a safe investment. There is so much hype about alt-coins lately that there are now reports of people even taking out second mortgages and home equity lines to buy them. Increasing number of cryptocurrencies means that their price is low and the price is slow. The market has just expanded.
Prediction for 2018
Right now BTC works like a foreign currency. The enormous sell off of dollars to buy BTC is best understood as a currency bubble. BTC is the national currency of The Future, and people are shorting the Present to buy the FutureCoin. But a lot of people with a lot of money are performing a great hedge against a dollar price collapse brought on by political factors But, as you know, nothing is for sale in BTC other than other currencies, and a few share-like instruments in companies that aren’t actually doing any real trade yet. However, every investor senses that this will change soon. Hauntingly more and more things can be bought for virtual money and as it usually happens, those who first enter the business earn the most. Specialists say that no one can stop the popularity of cryptocurrencies, and the BTC coin is no longer enough. It is rumored that its high price means that other currencies will be more popular. Therefore, we assume that the Throne and Elf will gain many buyers and it is worth reading about this project and browsing the internet forums.
“While the number of merchants who accept cryptocurrencies has steadily increased, they are still very much in the minority. “ – by Investopedia Staff.