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Review on EOS by Anke Fuerst
The EOS project is being developed by a company called Block.one, led by Dan…
The EOS project is being developed by a company called Block.one, led by Dan Larimer (co-founder of both Bitshares and Steemit) and Brendan Bloomer. Both provide some serious experience in the crypto world and have been publicly active in promoting the technology as a whole in addition to their own projects. I hope you learn more about it
Pros
- EOS main competitor Etherum, demands users to pay for every transaction. EOS will not do so. This will incerase adoption. ERC20 like tokens can be created on EOS, this means that ICOS can be hosted on this blockchain. The ICO is one year long this should increase distribution, which should increase adoption. 200,000,000 two hundred million – distributed during a 5 day period beginning on June 26, 2017 at 13:00 UTC and ending on July 1, 2017 at 12:59:59 UTC.
Cons
- There are other blockchains with smart contract capability such as BitShares and Graphene currently. These have limited smart contract capabilities at this time but they could adapt their systems to a similar model in the future.
