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Review on EOS by Steve Coburn

Revainrating 5 out of 5

Overall, EOS is in my top 5 cryptos. The blockchain is by far the most used at…

Overall, EOS is in my top 5 cryptos. The blockchain is by far the most used at the moment, and new developments seem to come out daily. The only concern would be if Dan Larimer left the project for some reason, or if they were somehow hacked. Otherwise, I feel this crypto project is top notch.

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Pros
  • EOS has the premier blockchain developer at it's helm, Dan Larimer, and already has 2 other successful crypto projects under his belt, BitShares and Steemit. EOS just launched it's REX (Resource Exchange) where you can earn EOS just be lending out your unused tokens. Also, they have announced something big is coming on June 1.
Cons
  • Inflation is currently high at the moment, but they are discussing reducing it to 1% to pay only the block producers. One other con is several of the 21 block producers are located in jurisdictionally unfriendly locations, such as China.

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