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Review on EOS by Luca Bach

Revainrating 5 out of 5

I do not know if the cryptocurrency community at large will adopt EOS for the…

I do not know if the cryptocurrency community at large will adopt EOS for the deployment of decentralized apps. If EOS is really able to offer free transactions, then that could give it a highly significant advantage over Ethereum.

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Pros
  • While Ethereum-based applications need to be created from scratch each time, EOS claims that it will allow for a large variety of standard application types to be deployed with minimal effort. This would allow for the creator of an EOS Dapp to only need to customize their program, and not reinvent the wheel
Cons
  • EOS runs on a completely different set of principles than other blockchain projects as it makes use of a system known as delegated proof-of-stake. This is quite new, so many people will think about its security

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