Review on EOS by Sudais Quadri
The EOS
EOS- is a platform that allows users to create Dapps, It is a blockchain protocol that works based EOS cryptocurrency as it works with smart contracts. It was developed in 2017 and is one of the most Successful crypto asset. Eos. Io has a native token known as EOS ,Which is very scalable. It can be used to create dApps, secure access and data usage management. It is known to process speedy transactions. It doesn't need a transaction fee because of the presence of Proof of Stake. It uses parallel technology to validate its transactions with up to about 2 million transactions per second. It is a self developing and upgrading platform as it upgrades itself immediately an update is detected. Eos has one of the most commonly block chain,which is open sourced. Eos platform is very flexible and scalable. EOS coins can be stored in crypto wallets. Its better stored In a cold storage wallet. These platform has alot of competitors
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Pros
- It is scalable
- Developers are free to create their DApps
Cons
- The platform has multiple competitors
