Review on EOS by Kar Tel
EOS on point
EOS project launched it's crowd funding campaign on June 2017 with a 241days initial coin offering (ICO), which has raised close to 700million.
It is an operating system for decentralized apps and smart contracts,EOS was among 2017's hottest news stories in crypto currency community.
EOS was founded by Dan Larimer the creator of Steem and Bitshares. It is based on a white paper published in June 2017.
The road towards realizing that goal, however is a long one at there is already some resistance from the blockchain/crpytocurrency community.
Pros
- EOS is extremely convenient for developers
- It has great speed of transaction
- It has a self-sufficient reward Model and elimination
Cons
- It has numerous competitors
- Centralisation concern with EOS
- Potential launch chaos
