Eos is in a highly competitive and highly funded bucket of crypto-projectsβ¦
Eos is in a highly competitive and highly funded bucket of crypto-projects. Each of these projects is doing something slightly different. In the case of EOS is the goal of great scalability
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Pros
It is a very promising project, with long-term objectives, such as its great scalability of thousands times more transactions per second enabling large scale applications to be brought to the blockchain. Eos developers envision apps like faceebook, prediction markets, and exchanges being run on the Eos Blockchain.
Cons
With just 21 block producers work together to validate transactions, it doesn't look like a very decentralized blockchain.