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Information
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Score:N/A - Features:1
- Green(Full Support):0
- Amber(Partial):0
- Red(Not support):0
- Gray(FYI only):1
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Score:N/A - Features:1
- Green(Full Support):0
- Amber(Partial):0
- Red(Not support):0
- Gray(FYI only):1
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Score:N/A - Features:1
- Green(Full Support):0
- Amber(Partial):0
- Red(Not support):0
- Gray(FYI only):1
- Fully Supported
- Limitation
- Not Supported
- Information Only
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Pros
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- + Clear Use Case
- + Wide Adoption in Finance
- + Focused service offering that makes it easy to use
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- + Can support effective private networks
- + Built for enterprise implementations
- + Strong, professional backing of contributors
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- + Developing quickly with lots of capital and community presence
- + Positioned well in the Entertainment Space as the market leader
- + Development focus is for large commercial adoption
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Cons
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- - Speculators can have impact on the cryptocurrency side of the project
- - Recent controversy with SEC (link in popup)
- - Early ledger entries are missing
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- - Only centralized aspect is the Certificate Authority (CA) who issues certificates to eligible parties
- - Support dependent on IBM’s help centre
- - Still relatively young in development
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- - Still a while before large scale viability
- - Controversey with copying Ethereum's platform
- - Not targeted for Private Enterprise use
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Content |
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One of the first commercially viable Finance focused blockchain solutions. Uses 3 core products (xCurrent, xRapid, xVia) in order to facilitate cross border transactions, liquitiy, and payment processing
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Modular blockchain platform architecture allowing plug-and-play implementations of various functions. Hosts any mainstream language for smart contract development.
The Hyperledger is an open source collaborative effort created to advance cross-industry Blockchain technologies. Hyperledger Fabric is Hyperledger’s most active project to date. The Fabric project was initiated by IBM. It is intended as a foundation for developing blockchain distributed ledger applications with a modular architecture. It allows components, such as consensus and membership services to be pluggable.
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The Tron Protocol aims to host entertainment applications and digital content on a decentralized platform fuelled by the TRX token economy. Developed originally on the Ethereum protocol, Tron has invested significant development effort to create their own, scalable protocol and launch their main net in June 2018.
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Applications
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Score:0% - Features:2
- Green(Full Support):0
- Amber(Partial):0
- Red(Not support):2
- Gray(FYI only):0
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Score:100.0% - Features:2
- Green(Full Support):2
- Amber(Partial):0
- Red(Not support):0
- Gray(FYI only):0
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Score:50.0% - Features:2
- Green(Full Support):1
- Amber(Partial):0
- Red(Not support):1
- Gray(FYI only):0
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Crypto Assets |
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Ripple (XRP)
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None
Currency or tokens can be implemented via chain code if desired.
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Tron (TRX)
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Logic |
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Smart Contract Functionality
Details
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No
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Yes
Chain code is Hyperledger’s version of the Smart Contract feature set.
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Yes
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Support
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Score:80.0% - Features:6
- Green(Full Support):3
- Amber(Partial):2
- Red(Not support):0
- Gray(FYI only):1
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Score:100.0% - Features:6
- Green(Full Support):5
- Amber(Partial):0
- Red(Not support):0
- Gray(FYI only):1
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Score:60.0% - Features:6
- Green(Full Support):1
- Amber(Partial):4
- Red(Not support):0
- Gray(FYI only):1
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Providers |
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% Providers with experience
Details
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0.33
Based on response from 15 leading blockchain providers. Source: https://www.horsesforsources.com/top-5-blockchain-platforms_031618
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0.93
Based on response from 15 leading blockchain providers. Source: https://www.horsesforsources.com/top-5-blockchain-platforms_031618
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no data
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Community |
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Size of Developer Team
Details
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Moderate
59 contributors on GitHub
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Large
159 engineers from 28 organizations contributed to project.
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Large in house team
53 contributors on GitHub. The company has over 100 employees.
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Support Team / Community
Details
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Moderate
https://ripple.com/ripple-support-request/
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Large. IBM has a direct support line.
https://www.hyperledger.org/community
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Modearte. Some developer resources on Wiki and GitHub. Active telegram group.
Telegram: https://t.me/tronnetworkEN
Wiki: http://wiki.tron.network/en/latest/
GitHub: https://github.com/tronprotocol
Forum: http://tronsr.org/
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Partnerships / Alliances / Size
Details
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Large
Multiple large banks including 11 of the world’s top 100 banks
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200+
https://www.hyperledger.org/members
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Moderate
A number of partner companies use their network, bringing in 30+ million potential users.
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Updates |
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Frequency of Updates
Details
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Quarterly
Ripple is consistently updated.
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Quarterly
Link to roadmap: https://wiki.hyperledger.org/projects/fabric/roadmap
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Moderate
http://tron-wiki.readthedocs.io/en/latest/The_TRON_Network.html#odyssey-v1-0-6-3
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Future Planned Work
Details
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Cobalt Algorithm
Cobalt: transaction speed reduction from 3-4 seconds, to 1 second (75% efficiency)
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V1.2
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Great Voyage 2020-2021: focus on ICO capabilities, dividend payments, managing supporters and measuring income.
Apollo 2021-2023: Allows producers to offer their own currency (Tron20 token)
Star Trek 2023-2025: decentralized, online gaming platform for developers to build applications. This will facilitate market functions, monetizing traffc and autonomous gaming.
Eternity 2025-2027: Crowdfunding platform for games in development. Allows particpants to have a say in what gets developed and when.
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Assessment
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Score:75.0% - Features:5
- Green(Full Support):2
- Amber(Partial):2
- Red(Not support):0
- Gray(FYI only):1
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Score:87.5% - Features:5
- Green(Full Support):3
- Amber(Partial):1
- Red(Not support):0
- Gray(FYI only):1
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Score:50.0% - Features:5
- Green(Full Support):1
- Amber(Partial):2
- Red(Not support):1
- Gray(FYI only):1
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General |
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Initially released in 2012. Whitepaper released in 2017 with commercial applications
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First release: July 2017
The Hyperledger project was founded in December 2015 by the Linux Foundation, in order to support collaborate development of blockchain-based distributed ledgers. Hyperledger Fabric came about from a need to create a modular, business focused platform.
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TRON ICO: August 2017
TRON testnet: March 2018
TRON mainnet: June 2018
Tron had an initial coin offering in August 2017. From there, they released their “Exodus” phase which supported simple file sharing. In January 2018 they moved to the current “Odyssey” phase where content creation was the core focus. Tron wants to incentivize content creators to use their platform. testnet was launched in March 2018, and the Main Net Launch is slated for June 2018.
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Ripple Labs
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Linux Foundation - Hyperledger Project Contributors
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TRON Foundation. TRON Super Representatives upon main net launch
Super Representatives will be comprised of 27 TRON users with stake in the crypto asset. They will help validate and govern the future development of the platform, alongside the Tron Foundation. The reason for moving to this model is to provide stakeholders a voice in the governance of the platform, as opposed to bitcoin/ethereum where the miners and developers hold most of the decision making power.
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Strong focus, as their core product offerings cater to global banking solutions.
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Strong Focus
Built with business applications in mind:
modular, extensible, scalable (plug-and-play)
applicable in multiple functions, as business needs change
permissioned for privacy and does not rely on cryptocurrency to operate
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Not enterprise focused, but has the capabilities to support adoption
TRON as a platform can support Enterprise applications through its framework and scalability. It can support a large number of TPS, and has the ability for a large scale commercial DApp to be developed. However, it’s market position is more geared towards consumer use on its public blockchain.
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Yes
More than 100 customers globally, 80 being banks
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Yes
Hyperledger Fabric is currently available to be developed on, and has multiple implementations
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No
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Website link
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Link
https://hyperledger-fabric.readthedocs.io/en/release-1.1/
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Link
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Architecture
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Score:77.3% - Features:11
- Green(Full Support):6
- Amber(Partial):5
- Red(Not support):0
- Gray(FYI only):0
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Score:86.4% - Features:11
- Green(Full Support):8
- Amber(Partial):3
- Red(Not support):0
- Gray(FYI only):0
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Score:59.1% - Features:11
- Green(Full Support):3
- Amber(Partial):7
- Red(Not support):1
- Gray(FYI only):0
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Security |
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Transactions are confirmed and validated through validator nodes.
The more trusted validators in the network, the harder it will be to control and change the ledger as an outside attack.
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Membership Service Provider - pluggable interface that supports customizable credential architectures and certificate authorities
Concrete identity format
User credential validation
User credential revocation
Signature generation and verification
For more information:
http://hyperledgerdocs.readthedocs.io/en/latest/security_model.html
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Public Blockchain with security features built in.
Lamport digital signature algorithm. Claims to be resistant to quantum computer attacks.
Customized P2P network with data storage encryption, location transparency, source nontraceability
Merkle Patricia Trie data structure
Although the hash algorithm built into Bitcoin and Ethereum is secure with todays technology from brute force attacks, quantum computing may support enough computational power to compromise these algorithm.
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Permissioned
Anyone can become a validator, but will only be relevant if trusted.This provides public support for infrastructure, but keeps the transaction nature private when needed.
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Consortium
Permissioned, private network.
To enable permissioned networks, Hyperledger Fabric provides a membership identity service that manages user IDs and authenticates all participants on the network. Access control lists can be used to provide additional layers of permission through authorization of specific network operations.
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Permissionless
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Transaction information on the ledger is public, but payment information is not.
This means that in the event of a security breach, no personal financial information can be compromised through this network.
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Private Channels
A Private Channel is a subnet communication between two or more parties in the network that performs a private and confidential transaction.
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Based on zero knowledge proof. Hides the send, receipt address and transfer amount.
Similar in function to the zk-SNARK feature Ethereum added during their Metropolis release.
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Algorithms |
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Ripple Protocol Consensus Algorithm
70+ validators
Applied every few seconds by all nodes. Once consensus is reached, the current ledger is closed. Most recently closed ledger is known as the last closed ledger and is the basis of the distributed ledger.
For more information: https://vimeo.com/64405422
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Multiple options:
Pluggable Framework
No-op (no consensus)
PBFT
PBFT - Practical Byzantine Fault Tolerance
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Fast Paxos PoS variant.
The consensus of TRON adopts a three-step strategy.
1. Kafka-based technology system: implement a centralized consensus algorithm.
2. Raft-based distributed consensus mechanism: realize the centralized and distributed leapfrogging. Improves network function/distribution and lays the foundation for distribution with no logical center.
3. Consensus mechanism of Proof of Stake and realize the Byzantine Fault Tolerant Consensus.
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Efficiency |
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Fast
3-4 seconds : set to improve with future updates. See future planned work.
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Varies
Depends on implementation
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Moderate
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Block Confirmation Time
Details
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TBD
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Varies
Depends on implementation
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Fast
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Development |
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Proprietary Codebase
Details
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Open source with proprietary applications
The Ripple protocol is open source: https://github.com/ripple . Proprietary work is xCurrent, xRapid, xVia
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Open Source
https://github.com/hyperledger/fabric
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Open source but goverened by the TRON organization
Built on Ethereum, but planning to move to own main net in June 2018
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General |
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Blockchain / DLT type
Details
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Permissioned Network, Public Architecture
Ripple uses a decentralized network, but has trusted validator nodes who confirm transactions through the 'last closed ledger'.
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Federated / Consortium, Permissioned Network
Federated Blockchains operate under the leadership of a group. As opposed to public Blockchains, they don’t allow any person with access to the Internet to participate in the process of verifying transactions. Federated Blockchains are faster (higher scalability) and provide more transaction privacy - important aspects for Enterprise focused deployments
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Public
Open source public blockchain fuelled by cryptocurrency.
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Yes
3 different plug and play offers on top of the protocol layer for specific needs: xCurrent, xRapid, xVia
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Modular Architecture is a core focus of Platform
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Similar to Ethereum:
Generic, with DApp and Smart Contract support for wider applications
It is not modularity that stands out but the provision of a generic platform suitable for various types of transactions and applications
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1500 TPS with potential of tens of thousands through Ripple Payment Channels
While it does not compare to the tps of a Visa transaction (~150,000), Ripple offers a stable solution for the size it it currently at.
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1000 TPS capacity for now. Developed with scaling in mind. Provides flexibility in size and throughput depending on the implementation.
A Performance and Scalability Workgroup exists within the community to discuss, research, and identify key use cases and metrics for all blockchains.
Hyperledger Fabric is built on a modular architecture that separates transaction processing into three phases: distributed logic processing and agreement ('chaincode'), transaction ordering, and transaction validation and commitment. This separation confers several advantages: Fewer levels of trust and verification are required across node types, and network scalability and performance are optimized.
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Currently supports 15 TPS as it is on the Ethereum platform. Will be able to support up to 1000 TPS once main net launches
Scalability is a core feature for TRON. They want to be able to support large commercial projects, while minimizing transactions fees and time.
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Large
The ledger is constantly refreshed as soon as there is a new input in the network. The last closed ledger model is different from the blockchain, in that there are no history of blocks for the distributed ledger.
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500 transactions per block
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Varies
https://tronscan.org/#/blockchain/stats
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TCO
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Score:90.0% - Features:5
- Green(Full Support):4
- Amber(Partial):1
- Red(Not support):0
- Gray(FYI only):0
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Score:70.0% - Features:5
- Green(Full Support):2
- Amber(Partial):3
- Red(Not support):0
- Gray(FYI only):0
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Score:50.0% - Features:5
- Green(Full Support):1
- Amber(Partial):3
- Red(Not support):1
- Gray(FYI only):0
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Utilities |
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Energy Consumption
Details
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Low
Network is supported by existing infrastructure. Only relevent if running and sustaining many validator nodes.
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Varies
Depends on number of nodes in private network
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Low - Moderate
Users of the network do not require much energy due to the public architecture, but if the user operates a Tron node they will have Moderate energy consumption due to the computational power required to validate.
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Change Management |
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Ease of Integration in Legacy Systems
Details
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Easy
RippleNet was made to interact with existing banking solutions, in order to reduce implementation burden
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Varies
Generally simple, but depends on scale of integration
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Hard
Built as a competitor to existing entertainment platforms (Google Play Store, Apple Store, etc).
Applications must be built within their environment.
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Difficulty to Use
Details
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Easy
Ripple has designed specific products built on their protocol for different use cases, which aids in the adoption within enterprise
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Low-Moderate
Low maintenance, but requires some work to set up for specific use case
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Moderate
Specific use cases require DApp development
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Maintenance |
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Required ongoing Support
Details
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Low
Ripple has in house support with proficiency in the back end
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Yes
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Yes
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Pricing |
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Varies
Dependent on the value of XRP, but not all services rely on cryptocurrency
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Free
Only development and maintenance costs
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Low
Transction costs designed to be near 0.
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Integration
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Score:87.5% - Features:4
- Green(Full Support):3
- Amber(Partial):1
- Red(Not support):0
- Gray(FYI only):0
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Score:100.0% - Features:4
- Green(Full Support):4
- Amber(Partial):0
- Red(Not support):0
- Gray(FYI only):0
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Score:62.5% - Features:4
- Green(Full Support):2
- Amber(Partial):1
- Red(Not support):1
- Gray(FYI only):0
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Licensing |
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ISC
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Apache 2.0
https://github.com/hyperledger/fabric
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GPL
https://github.com/tronprotocol/java-tron/blob/develop/LICENSE
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industry focus |
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Financial Services
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Industry Agnostic
Hyperledger Fabric can be used in many industries, as it is modular in nature. Custom industry needs can be added to there framework.
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Entertainment Industry. Focused on consumer dApps.
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Developers |
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Development Environment (Languages/SDKs)
Details
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C/C++, Java, node.js , Go
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Golang, Java, NodeJS, Python
http://hyperledger-fabric.readthedocs.io/en/latest/getting_started.html
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Java, Scala, C++, Python, Go
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Third Party Support |
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Yes
https://wiki.ripple.com/API_Overview
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Yes
https://openblockchain.readthedocs.io/en/latest/API/CoreAPI/#cli
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In Development
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Market Presence
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Score:33.3% - Features:10
- Green(Full Support):3
- Amber(Partial):0
- Red(Not support):6
- Gray(FYI only):1
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Score:100.0% - Features:10
- Green(Full Support):9
- Amber(Partial):0
- Red(Not support):0
- Gray(FYI only):1
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Score:16.7% - Features:10
- Green(Full Support):1
- Amber(Partial):1
- Red(Not support):7
- Gray(FYI only):1
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Engagements |
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% share of engagements
Details
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0.04
Based on.a random sample set of 50 enterprise blockchain engagements across multiple industries. Source: https://www.horsesforsources.com/top-5-blockchain-platforms_031618
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0.12
Based on.a random sample set of 50 enterprise blockchain engagements across multiple industries. Source: https://www.horsesforsources.com/top-5-blockchain-platforms_031618
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no data
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Uses |
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Number of Use Cases / Implementations
Details
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Large
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Large
Due to the modular aspect of this blockchain
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Moderate
https://stateoftrondapps.com/ 9 dApps released. Growing quickly
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Industry Focus |
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No
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Yes
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No
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Yes
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Yes
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No
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No
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Yes
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No
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No
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Yes
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No
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Yes
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Yes
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No
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No
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Yes
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No
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No
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Yes
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Yes
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No
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Yes
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No
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