Do you have a revolutionary idea to run on a blockchain?
But you are not certain which blockchain is the best fit. Hang on tight; we'll cover them all just below with no fuss.
There are many smart contract blockchains, but a lot of them at the experimental stage, so we are going to take a look only at top dogs.

Ethereum

The first in the game and de facto standard in the industry.

Pros:

• Big and strong community.
• A lot of educational materials.
• Tools for creating, testing and deploying smart contracts exist and decent quality.
• Tools for creating dApps.
• Easy to hire developers.

Cons:

• Terrible performance – 15 transactions per second.
• Users have to pay fees in order to interact with smart contracts.
• Hard to update and modify smart contracts.

For who?
Public decentralized projects such as ico, voting system, auction, and governance.

EOS

New challenger holds spot #5 by capitalization. EOS looks to address Ethereum weaknesses and already gained an attention of millions.

Pros:

• EOS will support at least 1000+ transactions per second at the start.
• Low Latency Block confirmation – 0.5 seconds.
• Smart contract platform powered by Web Assembly.
• Inter Blockchain Communication.

Cons:

• Hard to hire developers.
• Not truly decentralized – blocks produced by a cartel of 21.
• Not many tools and libraries.

For who?
Public decentralized projects with focus on performance such as decentralized exchanges.

Hyperledger Fabric

Hyperledger Fabric was introduced by IBM. It is more a toolbox for blockchain rather than a particular blockchain. It is worth to mention that Hyperledger Fabric is private and has no cryptocurrency.

Pros:

• 1000+ transactions per second.
• Modular architecture. Use only what you need.
• Permissioned. Share data only with whom you want.

Cons:

• Hard to hire developers.
• Not many tools and libraries.

For who?
Private permissioned projects for enterprise.

Have any questions left?
We love to talk about blockchain projects.