1 Level
5 Review
-2 Karma
Review on EOS by Hasnain Ali
EOS is noted to be a slightly controversial project due to its questionable…
EOS is noted to be a slightly controversial project due to its questionable execution, one could be fair to state that with a 4 billion dollar budget, and a stellar team with credible experience within distributed ledger technology, the cumulative vision of EOSIO’s Community and key team are more than enough to make this one of the few perennial protocols of our time.
Pros
- EOS, is a blockchain-based, decentralized operating system.It is designed to support commercial-scale decentralized applications by providing all of the necessary core functionalityEOS.IO is software that allows businesses to build blockchain applications that resemble existing web-based applications, using an architecture similar to website frameworks.
Cons
- EOS also introduces the ability to fix bugs and rollback changes with supermajority consensus, rather than requiring a hard-fork. This is due to EOS using delegated-proof-of-stake, whereby multiple witness-nodes are nominated by the network as representatives to make certain high-level decisions more quickly, without polling the entire network. Although this makes the blockchain somewhat less decentralized, it contributes to the ability of mainstream enterprises to adopt and interact with blockchain technology.
