Hello everyone welcome back to the channel my name is zari and you are watching finance arena ساحة In today's video, I need to do this one, I'm sick and tired of watching all these celebs who are They literally write a sentence in a hashtag and promote it verbatim or revealing some Cryptocurrencies they've never heard of. They probably only heard about it two days ago, five days ago, And now I'm making this video you guys to give you a better understanding and clarity what those are Cryptocurrencies for this specific part that I'm going to cover for you guys ethereum classic, Cardano and Tron again, I'm just going to go to their partnership website Their decentralized app size if they have one and also to give my point About why they are important the way they are and what the possibilities are so I will arrange The cryptocurrency is most likely to succeed and least likely to succeed, so stay tuned Clip, so for this specific slide we're going to go over to the website, and talk about what Do blockchain, he'll review the CEO if there's a CEO browsing their website to understand Partnership What is it trying to solve if there is any decentralized implementation built Above it, the size and then I will basically try to give you my point of view about why Their success while the price is this way and if there is any chance they will continue, we are going Now right away and go to the Cardano website, so this is the website you have a section for developers And enterprise, so let's first try to define what Cardano or ada is, so Cardano is the blockchain platform To prove the stake to those who do not understand that there is evidence of action Where you have to use electrical and mining equipment for the purpose of verification The authenticity of the transaction and proof of ration is more energy efficient as you can confirm Transaction by staking or by placing your cryptocurrency at a specific address on a specific server, So it's literally a lot faster to a point and it's also a lot cheaper so that's a much more conservative approach on the environment to validate the transaction.
First to be based on peer-reviewed research and development Real evidence-based methods combine pioneering technology to provide unparalleled ED security And sustainability for the central application system and society. Maybe this is what They try to achieve it, so if I were to try to simplify that, I would say that they are trying to create A program or infrastructure where anyone can create their own program or application without Interrupt without restriction, so let's say try to build Microsoft or play store Or the App Store without any restrictions any censorship, so that's the idea, so this What they're trying to do so recently they moved on to make bets before that They didn't have proof of stake, they were on proof of work, and one of the reasons so many people moved to The proof of stake is that by intervening, you enable people to win more rewards and now everyone can access them Proof of work is not an easy process, you must have the equipment that you must have The right technician to fix it for you, and you have the room temperature set, is there Lots of stuff included in it but when you go to prove the stake you offer me the incentive ople on The board of this blockchain is clearly helping the community to help provide the transaction And get an extra token for that bonus, which is also another reason why they move because It was a very strong trend to move from proof of work to proof of stake.
He was there Lots of talk from ethereum trying to do this, which ultimately did it for the sake of competition , the founder decided to move into the direction in which he was working. So let's now try to understand who the founders of Cardano are, Charles Hopkinson, So for those of you who don't know he has some of his early career started with BitshareS And Ethereum now most people invested their money because it was nobody Keys player ethereum and wanted to create a better ethereum as he said he felt that ethereum cannot achieve what they are trying to achieve and their infrastructure The smart contract they use is not suitable for expansion and projects in its full sense The attempt was to create better Ethereum with more features and fewer restrictions And one of the good things about him, he's actually very active on social media, so I remember Seeing a lot of its coverage on youtube between 2018 2019 and I'm Haven 'I've been following a lot Really, so this one is just for you to understand who this person is and again, This is something that needs to be clearly discovered for some further analysis on further research.
Probably Watching some of his videos will understand you if you really believe in what he's trying to achieve, This should probably help you now. Another thing that I would like to review as well is Verify key partnerships so Cardadno has a partnership and collaboration So that they have a contributor to development cooperation with IOHK, Emurgo and Foundation Cardano and they have a Cardano partnership so you can see that they have IBM, PWC and New Balance, Siri Labs, Kondifo, Algoz, and Metaps Plus have a really small list to remember This Ethiopian government that knows the partnership they launched in 2018 that really created Big wave again, and that's not a major thing in my view for some people who might think It's a really big partnership and one of the things that people just don't understand just That they have a partnership, this does not mean that it is a real partnership, yes, it is a partnership The question is, what is the gain for me to get an IBM or PWC research Why did you trade? Is it a service? Did I say, you know what, if I'm partnering with a pwc They are a checking company and will give you X amount of Cardano and be My partner is the legal auditor, so there are a lot of requirements to understand what this partnership means .
Is this a real partnership? Is it a paid partnership? Just because there is an associated brand In cryptocurrency, this is clearly something that you guys should understand. Now one more thing that I really want to highlight is that the next Cardano is the best of the projects The other three I'll cover, so today I'm covering the cardano tron, the ethereum classic So cardona is the best token created the most money for a dollar, So they collected what I can see here, the token sale ended on December 31, 2016. So since the 31 December if you deposit or participate in ico in dollars you have more than 366 returns If you've invested in Ethereum, you can only double your unit of Ethereum if you invest in Bitcoin at a time only made seven times more than what I can always see is an investment In an ico or in a project, it is always better to invest in dollars and not in cryptocurrency But at some point in time, it was not very common to be able to deposit in fiat currencies, I mean dollars And the euro and all this national currency now when I look at the institution, so they try Basically, attract specific institutional industries to have an education department And government finance and retail healthcare for retail so you can read more about it, well here So they have different products for different sector so you can see it here and thus For the retail business, they have Atlas of agriculture they have Atala Tres for the government They have a price attila PRISME then you have the finances mainly for KYC and AML relationship Atallah Prism IOHK Healthcare So they really try to create different products For a different industry in the business sector again I have not heard many occupiers or industry To be advertised publicly yet so it's a bit complicated but it's a good try for them.
Now I really wanted to understand if there is any decentralized application being created Click it and I went to this page called dapp.review and really tried to search To see if anything was created on Cardano as I can see there was none I managed to find it. So it's not good so maybe I'll try writing ADA so again this isn't Blockchain really showed me anyone actually providing ADA code, so I went Here so this is another website called dap.com and I went for the complete decentralized app blockchain So you have ethereum, Tron NEO, but you can see here I can't see Cardano.
So from what I can see here there are no decentralized apps at the moment Built on top of Cardano. Well, just try to remember that. Now one more thing that you should know clearly And currently on a Coinracking basis, there are currently 86 exchanges offering And the cardano which has the latest 5.94 billion dollars in trading volume, that again is Spot trading that does not take into account the future option and you obviously know leverage Trading you also have the conventional trading platform or CFD so again don't take this Consideration but let's take this as a fact, this is the only size we have that is 5.94 And 86 exchanges, well, that's my review of cardano i'm going now to Tron, So first of all you have Tron, so from their website they try Decentralize the web, that's the whole concept, and again I categorize them as a platform You are trying to decentralize a platform or software in this case, they aim to decentralize the web Here, you can get a nice overview where over 22 million accounts and more are promoted 1.5 billion transactions.
Tron is the world's fastest growing general chain, Well if you look here, it's actually straight to your face they liked at the The past 24 hours have $ 30 million in the decentralized app, so just for you to understand Whether you had to envision a tron similar to the App Store or the App Store, the app would be Decentralized just like the app on top of those markets, So from what I can see here, they say in the last 24 hours there was 30 million dollars in volume Or the treatment that was done in their ecosystem and they looked at the last 24 hours There were 202,000 transactions within their ecosystem, in the last 24 hours there were 43,000 or 44,000 Active user, so unique people logged in and used these apps and from what They can say it here they said it is more than 1.6 thousand decentralized apps which is a very large number It is impressive.
I will do it already By reviewing the decentralized app, but just to give you guys some basic info on CEO, so the CEO name is Justin Sun and he was born in 1990 and he is the founder of tron um Basically, it has also acquired Bitorrent in 2018 for those who know Bitorrent is file sharing. It's a peer-to-peer file sharing platform at that time that really brought a lot of news and Bitorrent also has its own code called Btt, if I have to give this a go Credit man In my opinion, this man is probably one of the most amazing marketer of the blockchain industry Knows how to market himself, knows how to tie himself to the right project In time, well than I can remember, in the beginning when Tron was in Early stage the way they presented the CEO of Tron as a person that was a shadow For the founder of Alibaba Jack Ma and it really blows him well and also if you look at this site , Here you can see here they say about him that he was a former lead actor For Greater China people, so once again there was hustle and bustle pushing the ripple adoption in China Which obviously worked for him and he worked for a ripple and he really got a ripple known in China In a time I'll see it shown on many different media and he has this gree american Peking university as well as masters degree from Pennsylvania now also want to make it clear While we're talking about 2018, he might have been spotted when it looked Drunk we were talking about the Tron blockchain which is a [ __ ] blockchain blockchain And that's what he said, and he's caused a lot of scandal again He might be drunk, he might be throwing a joke, but that's what Someone brought it up there, it's clearly not good to hear from the founder of the project say that they are doing Collecting trash, so you're now trying to imagine if Elon Musk would wake up tomorrow tweeting tesla is garbage, it is worth nothing! It's obviously going to make me feel a certain way does He knows something I don't even know that created some negative momentum at the time Ok, so let's now move on to the ico, so the ico that originated in September 2017 They raised $ 70 million, and if you had the dollar invested, You have gained 28 times if you invested in Ethereum, you have gained six times if you invested in Bitcoin nearly three times.
This is for your understanding, and again here we have such a nice explanation It is based on the tron blockchain protocol based on an open source protocol for the global digital entertainment industry Tron supports the smart contract system of various existing blockchain networks including bitcoin ethereum eos quantum and other generic smart contracts providing protocol development Multiple infrastructure for entertainment and development and allow users to enjoy Seamless Multiplicity – Protocol Smart Networking This is what is written here I also want to highlight what Follows: So you have a nice overview of all the dapp platform created On Tron so you can click here to see which one is number one, so by what you can Seeing it here you have a Zethyr exchange which has over a hundred thousand users in the last 24 hours of Obviously an exchange and then you have a Tron stake which makes sense for Staking Tron And I also forgot to mention that Tron also offers staking so the same model that Owned by Cardano is also enables the user to those who really want to contribute to Transaction validation to lock a certain amount of their tokens into a specific infrastructure , This could be a wallet, and it could be an exchange because they are rewarded with an amount of x of their tokens, so maybe two percent maybe five percent that's another way to get people They buy the token they keep and it's obviously another way to get an incentive To use that token, but that's what's happening right now, you can Also see the transaction over 384 Transaction so nice overview, it's really more reassuring than Cardano, So I guess now it's obvious that you should note Tron Sun Network So it's the DappChain Sidechain of Tron.
Dappchain is a Tron project sidechain. Goals help these dapps to run on Tron with less power consumption Faster speed, enhanced safety and unlimited capacity from Tron and the main network. This model reminds me of some other blockchain that does something Similar, so the idea is you have a Tron as a base as the hub and then basically more The on-board project you create is like a small pivot to ensure efficiency to ensure faster handling And also reduce the cost, so this is the only logical idea of Its concept again, I'm not looking from a technical perspective I guess It makes sense I've seen it in many different projects, and similar graphics, a similar concept Now another thing, here I am going to coinracking this site is for you to understand What was the volume in the last 24 hours so there are 146 exchanges that are trading or Presentation Tron We are looking at the past 24h for this $ 3.1 billion is a very large number okay.
So don't you guys worry at the end, I'm going to arrange and explain to you guys why I feel that a particular currency is likely to increase in value, so for the last one we will Their coverage is Ethereum Classic or etc. So I just want to give you more background Regarding Ethereum Classic, so the original Ethereum Classic or Ethereum was by Vitalik buterin He is the co-founder of ethereum classic and also ethereum now ethereum cause Behind the existence of Ethereum and Ethereum Classic is because there was a hack, and there was also An error regarding a large amount of Ethereum stolen or hacked, and I am not Quite sure about the details, which required a vote and a change. Now there were two camps in the camp They said the code is the code where we are basically not allowed to reverse the transaction, And we are not allowed to change the fundamentals of the blockchain, then there was an aspect Vital where he said because it was a large amount of money he wanted to pay and return The user has lost or stolen. So create a fork from the Ethereum classic That spawned ethereum and basically everyone who had it before the ethereum classic that was The original ethereum got the new token so this is the story behind ethereum classic now this Is the website, say a lot if I'm honest, Ethereum classic provides An unauthorized way to manage digital assets without the need for intermediaries like Spanx and other organizations, as Etherum classic allows writing a non-searchable smart contract And publish and implement it with software that can't really stop for my money programmable .
Ethereum classic is a combination of unlimited history of the original material chain, So this is what they tried to do again, which is why I put it in the same category Cardono and Tron are decentralized. Yes, I would say they are a decentralized computing platform or they build An infrastructure to enable anyone to deploy any smart contract Their infrastructure and they will not be censored or boycotted, that's the idea Whole, so I suppose you know that again. Not every application can be published in App store and in play store there are certain guidelines and requirements, so Having the infrastructure to be what you want and not be restricted, it's amazing now, may Ask yourself who wants to create something unacceptable in the play store and in the app store Then build Ethereum classic again, there might be various reasons for the requirements, So this is something you guys should understand regarding the ethereum classic partnership Not very strong. Ethereum classic in my opinion is literally 99% of the team Developers are trying to improve and fix it and offer some suggestions no I feel like they have a team of marketing or business people to try and get more and more people on And that from what I've seen, you have this section about the news again, it doesn't give you Lots of info, it's very generic again, the focus is not on trying to lure you in Focusing on building better infrastructure is now one of the main things Which is owned by Ethereum classic and not owned by Cardano and tron is that they are listed on Grayscale, So grayscale has invested or has over $143 million in assets under management, so $144 million was invested primarily in the purchase of Ethereum classic so one of the ways that Contribution of grayscale to Ethereum classic is that she allocates one percent of her contribution One percent of the $ 144 million in assets under management, we're looking at 1.4 Million dollars lars which is cool, and you obviously have a listed development contribution of 3 percent, So from what I can see they take one percent a year, and then there Like the total annual fee they take 2 percent to administer and set aside one percent Ethereum classic that gave Ethereum classic more money to build Infrastructure now in terms of understanding how much liquidity there is in Ethereum classic, there is in Reality is quite a lot of exchange 140 and the size is 1.72 billion now if I'm not mistaken Below is the lowest of all the other coins when you look at cardano, Look at Tron, again, Ethereum classic was first compared to cardano and Tron but again it has Less volume compared to other cryptocurrencies and there was no information regarding With the applications or what this decentralized application is built on again on Ethereum classic, Ethereum classic does not You do any marketing but just focus on doing something of their own, something I don't understand We're trying to do it, but you might know why.
The way I like to realize a project It is as follows, look at the website and look at the partnership, look at what you are trying Correctly achieved so I will arrange so far for me to pick only one number from Partnership perspective, decentralization perspective, and scale perspective, it's actually very difficult Between Cardano and Tron now I feel more comfortable with Cardano because Cardano It was a better investment since they did their ICO so remind you one more time guys They made more than 300 times the amount invested in dollars in their ico not They have a decentralized app, they have a lot of volume and they have some strategic partnership And then you have tron they have a lot of decentralized apps built on top of it.
I also forgot to mention that they will also have a stable coin built on top of the tron blockchain You talk about the rope for example and they obviously have staking so it's actually very tough And if I were to be on the safe side I would probably place Tron and Cardano as the best bet Of those three, it's really hard, it's 50 50 because tron has dapps, And it has over 1.9K of decentralized apps, and Cardano has none. Cardano knows very well, how to position himself, and how to strategically share with a partner Fittingly, the same can be said with the tron in partnership with Samsung and has the app The Samsung app store is decentralized so again, that's really tough. I think this The first time I can't give you a number one is Cardano's number 2 is Tron And if I had to make a decision, I'd make Cardano and then the next decision Tron would be and the last one would be Ethereum classic just because the grayscale has a dedicated box For ethereum classic that's really nice and also Ethereum classic is listed in Almost any trading platform or platform is possible which is a lot compared to maybe Cardano.
Now I think Cardano and Tron are literally getting attention, I'm talking about the traditional platform so I'm talking about the broker and not the exchanges, so I guess this is something you guys should consider تفكر To summarize my point: Cardano because Cardano was the best dollar investment Value and they don't have any decentralized apps like Tron. Tron knows how to do Lots of partnerships with Tron in second and last place if you had to choose Ethereum classic will once again have a cool motto being law. Will there be any problem if there is Now their blockchain is wrong, $10 billion is stuck or blocked, They won't create a fork, there might be another movement that might create Parted on top of Ethereum Classic but the original team behind Ethereum classic wouldn't make the effort, so Keep that in mind, and I hope this video is helpful to you guys even next time