What EOS is offering is certainly compelling. While it may not necessarily…
What EOS is offering is certainly compelling. While it may not necessarily replace Ethereum, it could prove to be a serious heavyweight contender. Perhaps much in the same way that Apple and Microsoft fight for the personal computer market today.
Pros
Further, the blockchain is designed to support millions of transactions per second. EOS is still under development and won’t be released until later this year. The development team has a lot of time to get ahead of potential scaling issues before they begin to cause problems
Cons
Eos began its ICO in the middle of last year. While many ICOs of that time ran for just a few days, or in some cases less than a minute, the EOS sale was slated to last for an entire year. However, as the blockchain does not exist yet, the sale was not able to directly release native EOS tokens.