Blockchain for Enterprise comparison & reviews

Summary
Rank
3rd 2nd 5th
Score
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Analysis expand by MLG Blockchain by MLG Blockchain by MLG Blockchain
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  • Fully Supported
  • Limitation
  • Not Supported
  • Information Only
Pros
  • + 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
  • + Highest number of existing Enterprise use cases than other platforms
  • + Supports IoT and hardware to expand solution set
  • + Significant high profile support
  • + Large development community
  • + Quick to develop applications on
  • + Wide array of use cases
Cons
  • - Still a while before large scale viability
  • - Controversey with copying Ethereum's platform
  • - Not targeted for Private Enterprise use
  • - Codebase was just released open-source
  • - Still risky as main net is just releasing
  • - Two coin ecosystem and consensus algorithm still a risk as it is untested long-term.
  • - Public blockchain creates security concerns
  • - Uses cryptocurrency as fuel for transactions
  • - Forks can cause complications
  Content  
  •  
Overview
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.
VeChains vision is to build a trust-free and distributed business ecosystem that enables transparent information flow, high speed value transfer and efficient collaboration.
Generic, open-source,  blockchain based distributed computing platform for applications to be built upon.
Applications expand
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  Crypto Assets  
  •  
Cryptocurrency
Tron (TRX)
VeChain Token (VET) and VeThor Tokens (VTHO)
Ether (ETH)
  Logic  
  •  
Smart Contract Functionality
Yes
Yes
Yes
Support expand
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  Providers  
  •  
% Providers with experience
no data
N/A
0.93
  Community  
  •  
Size of Developer Team
Large in house team
Large
Large
  •  
Support Team / Community
Modearte. Some developer resources on Wiki and GitHub. Active telegram group.
Large
Large
  •  
Partnerships / Alliances / Size
Moderate
Large
EEA - 150+ companies
  Updates  
  •  
Frequency of Updates
Moderate
Frequent
High
  •  
Future Planned Work
Great Voyage 2020-2021: focus on ICO capabilities, dividend payments, managing supporters and measuring income.
Main Net Rollout
v3.5
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  General  
  •  
Maturity
TRON ICO: August 2017
TRON testnet: March 2018
TRON mainnet: June 2018
Token First Available: 2015
First IoT PoC: 2016
Mainnet: June 30 2018
Live first in July 2015 (first public blockchain)

First stable release March 2016
  •  
Governance
TRON Foundation. TRON Super Representatives upon main net launch
VeChain Foundation. Multi tiered involving a Steering Board, Advisory Board and a number of committes comprised by the public, and investors in the network.
Ethereum Developers
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Enterprise Focus
Not enterprise focused, but has the capabilities to support adoption
Core Focus
Moderate Focus. Through forks, Quorum and Enterprise Ethereum Alliance
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Production Ready
No
Yes
Yes
  •  
Website
Link
Link
Link
Architecture expand
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  Security  
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Security model
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
"Block Security Protocol" (BSP)
No data encryption or channel partition and is public.

Merkle Patricia Trie Data structure
  •  
Permissions

Permissionless
Permissioned Aspects
Permissionless
  •  
Privacy
Based on zero knowledge proof. Hides the send, receipt address and transfer amount.
Yes
Limited (zk-SNARKs, Ring signatures)
  Algorithms  
  •  
Consensus
Fast Paxos PoS variant.

The consensus of TRON adopts a three-step strategy.
Proof of Authority
PoW & PoS
  Efficiency  
  •  
Transaction Time
Moderate
No data
Moderate
  •  
Block Confirmation Time
Fast
Fast
~12 blocks
  Development  
  •  
Proprietary Codebase
Open source but goverened by the TRON organization
Open source with proprietary applications
Open Source
  General  
  •  
Blockchain / DLT type
Public
Public
Public with Private Forks
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Modularity
Similar to Ethereum:
Generic, with DApp and Smart Contract support for wider applications
Yes
Generic, with DApp and Smart Contract support for wider applications
  •  
Scalability
Currently supports 15 TPS as it is on the Ethereum platform. Will be able to support up to 1000 TPS once main net launches
50 - 10,000 TPS
limited by PoW

currently supports a maximum of 15 TPS
  •  
Storage Capacity
Varies
Depends on implementation
Varies
TCO expand
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  Utilities  
  •  
Energy Consumption
Low - Moderate
Medium
Low
  Change Management  
  •  
Ease of Integration in Legacy Systems
Hard
Easy
Hard
  •  
Difficulty to Use
Moderate
Easy
Moderate
  Maintenance  
  •  
Required ongoing Support
Yes
Low
Yes
  Pricing  
  •  
Cost to Use
Low
Varies
Low
Integration expand
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  Licensing  
  •  
Licensing
GPL
GNU Lesser General Public License v3.0
Varous licenses for different parts of code
  industry focus  
  •  
Industry
Entertainment Industry. Focused on consumer dApps.
Cross-industry
  Developers  
  •  
Development Environment (Languages/SDKs)
Java, Scala, C++, Python, Go
GoLang, C, Solidity, JavaScript, Java, TypeScript
Golang, C++, Rust, Python, Solidity
  Third Party Support  
  •  
API Support
In Development
Yes
Yes
Market Presence expand
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  Engagements  
  •  
% share of engagements
no data
N/A
0.52
  Uses  
  •  
Number of Use Cases / Implementations
Moderate
Large
Large
  Industry Focus  
  •  
Retail
No
Yes
No
  •  
Finance
No
Yes
No
  •  
Logistics
No
Yes
No
  •  
Health Care
No
Yes
No
  •  
Government
No
Yes
No
  •  
Agriculture
No
Yes
No
  •  
Entertainment
Yes
Yes
Yes
  •  
Automotive
No
Yes
No

Matrix Score

  •  
  •  
  • Ripple
  • VeChain Foundation
  • Ethereum Foundation
  •  
  • 3 rd
  • 2 nd
  • 5 th
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