1 Level
12 Review
7 Karma
Review on EOS by QUAN VU VAN
EOS's vision is to build a platform for block-cached DApps that can handle…
EOS's vision is to build a platform for block-cached DApps that can handle thousands of transactions per second safely and smoothly, while providing an accessible experience for application developers, entrepreneurs and users. They aim to provide and supplement the operating system for decentralized, web-centric applications by providing services such as user authentication, cloud storage and server hosting.
Pros
- EOS is noted to be a slightly controversial project due to its questionable execution, one could be fair to state that with a 4 billion dollar budget, and a stellar team with credible experience within distributed ledger technology, the cumulative vision of EOSIO’s Community and key team are more than enough to make this one of the few perennial protocols of our time.
Cons
- Instead of checking the state of the network at a given time, the nodes check the series of events that have occurred so far to track the state of the network. The result is a system that takes longer to completely reconfirm the transaction history at restart, but that can handle a much higher bitrate of running transactions.
