Review on EOS by Samuel Clintoc

Name: EOS
Item: EOS
Rating: 4

August 29, 2018

EOS is a controversial project in the dapp arena with a proven team, lofty…

EOS is a controversial project in the dapp arena with a proven team, lofty vision, but questionable execution so far. The $4bln budget should be more than enough, though, for the project to accomplish all it’s set out to do. The next couple of years will be crucial for the platform to place a foothold in the dapp market.
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Pros

EOS is very popular coin and their ICO was a big success. The project is very ambitious and promising. EOS is set to be a significant competitor to the current leading blockchains like Ethereum, Neo, ... etc. Comparatively to ethereum, EOS provides + 1,000 transactions per seconds ( 15 transactions per seconds for ETH ) and didn't apply fees for tokens transactions.

Cons

EOS can only process approximately 15 transactions per second. Its cannot support things like Instagram, Facebook,Twitter etc. These things have like more than 10000 transactions per second.