1 Level
5 Review
0 Karma
Review on EOS by Andrea Fried
EOS is a controversial project in the dapp arena with a proven team, lofty…
EOS is a controversial project in the dapp arena with a proven team, lofty vision, but questionable execution so far. The $4bln budget should be more than enough, though, for the project to accomplish all it’s set out to do. The next couple of years will be crucial for the platform to place a foothold in the dapp market.
Pros
- If EOS manages to populate its ecosystem with a sufficient number of publishers, it could become the go-to infrastructure and app building interface for future development within the industry. The project’s marketing strategy ensures that mainstream media gladly picked up this story, meaning that potential blockchain newcomers could already be aware of the development, which is an important aspect of early widespread user acquisition.
Cons
- The EOS development cycle is incredibly long by industry standards. Although this might be a safety net on the founders’ part, ensuring that they can keep to their promises, this also leaves competitors with ample time to develop their own alternative solutions. If Ethereum manages to resolve its scalability problems in time, for example, it is unlikely that projects and developers used to the Ethereum ecosystem will rush off to join an unknown and untested development environment, such as EOS.
