Review on EOS by francis fernandez
EOS: INNOVATION OF CRYPTOCURRENCY
The EOS project represents a significant innovation within the software that is managed under the block chain modality because it is the only one that has a vertical and horizontal scaling encryption established by algorithms that limit block producers only to holders of EOS tokens.
Another function of these algorithms is directly related to the production of blocks in 0.5 second fractions; which makes it the fastest cryptocurrency within the digital platforms that are known today. This has earned it the title of the most fundraising cryptocurrency project in the world. For this reason, it has earned the trust of its investors by collecting large sums from those who bet on the success of this project, in order to develop it in all aspects: financial and IT support, infrastructure and customer service.
Pros
- It allows to produce blocks faster than any other cryptocurrency, such as Bitcoin and Litecoin; thanks to the innovation in its algorithms.
- Thanks to its innovative technology, it has been worthy of funds granted by its investors that will contribute to the optimal development of this project
- It is established as the fastest platform on the market; since its premise is based on the fact that each block producer must work at the exact time stipulated by the platform for their block to be included in the chain.
- It is a free to use platform for your followers.
- It has support to handle a large volume of users.
- Easily update the software
- No commissions are paid for the use of this platform to carry out transactions.
Cons
- Its vertical and horizontal ascent algorithm technology does not allow just anyone to produce blocks. Production is limited to chosen users who own EOS tokens.
- Only offers the possibility to buy within the Eos network: bandwidth and storage, ram storage and CPU computing power.
