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Review on EOS by Ute Krueger
The current ICO mania could be a factor in buying tokens at a high price, the…
The current ICO mania could be a factor in buying tokens at a high price, the regulation around tokens is weak at best. EOS is still a baby and still needs to make it’s first steps before it can be considered mature. On the other hand, EOS is the first decentralised operating system. Investing in this ICO is a risk, but the rewards could be equally high. EOS is a good investment according to one’s own personal risk regarding investments and investment portfolio. Good Luck
Pros
- Parallel Processing: The ability to do things in parallel, faster transaction speeds and more scalability. A Constitution: A set of rules on which everyone agrees upon, these are linked to every block mined. Self Sufficiency and Evolution: The current model allows for a 5% inflation, this will be used to develop the network further.Decentralised operating system
Cons
- The current ICO market is very agitated. To me, it feels a bit like a mania at this time. Ethereum has the first mover advantage in the smart contract space, a lot of systems have been built on Ethereum and it has proven itself to be a commercial grade blockchain. It is not impossible for Ethereum to adopt the same model. It is already planning to change from a POW to a POS
