Review on EOS by Saloote Sakai
EOS Network
eos is one of the most important projects introduced in recent years. The functionality of this network is actually like ethereum and it supports smart contract.
The number of networks that have dealt with smart contracts is very large, but few of them have been considered. EOS is currently ranked 11th among all cryptocurrencies so it must have certain features.
In my research, I found that this network has even more features and potentials than the most famous network in offering smart contracts, namely ethereum.
This network has higher speeds and lower fees compared to ethereum, which is great.
This currency reached the price of $ 20 in 2018, which is excellent in its kind. I even remember that this currency was among the top 5 currencies in terms of market cap.
Of course, the inability to stabilize this growth is one of the disadvantages of this currency.
Below is the chart of this currency from July 2017, where you can see the price changes.
Pros
- Once ranked among the top 5 cryptocurrency
- Compared to ethereum, it has more speed and lower fees
Cons
- It could not maintain the price of $ 20 and came to a much lower price
