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Review on EOS by Daniel Reinhardt

Revainrating 4 out of 5

EOS is set to be a significant competitor to the current leading blockchains…

EOS is set to be a significant competitor to the current leading blockchains. Its scalability, user friendliness, transactional throughput and low-cost maintenance makes it superior to all existing blockchains. Overall it's still very good




Pros
  • EOS tokens also serve as a voting tool for delegated proof of stake. Token holders continuously take part in deciding block producers. Voters have the power to oust rogue delegates found contravening the constitution.
Cons
  • Therefore, investors have 2 options ● Buy EOS ERC-20 tokens on exchanges ● Purchase EOS ERC-20 tokens via the token sale smart contract The sale is separated into rolling windows. During each window, a fixed amount of tokens are available for purchase. However, there is no fixed price for tokens. Price is determined on a pro rata basis once the window closes and all ETH funds have been received. I think this can be difficult for investors

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