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-31.5 Karma

Review on EOS by Ana A

Revainrating 3 out of 5

Eos coin.

Technically it is a BlockChaim platform, which are chain blocks, not a cryptocurrency itself. Whose application is for decentralized currencies. It is characterized by having practically eliminated the commissions.

It is distinguished in that it is faster than the Ethereum platform, more scalable and allows creating other decentralized applications in a somewhat efficient way. Therefore, its clients can operate both in cryptocurrencies and in official currencies, in an open source ecosystem, thus improving the speed at which smart contracts can be executed. It has brought significant cheeks to the world of BlockChaim, and its form of security.



Pros
  • Lets you process millions of transactions per second.
  • It is a new and profitable platform.
  • It has influences in the world of Blockchaim, which affects the other currencies.
  • It allows whoever uses it the possibility to create and build in relation to the currency they want from scratch. In other words, whoever wishes to use the platform may
  • It has limits of risks and benefits that allow the security of the user.  
Cons
  • Its value has fallen, and its increases have not been somewhat beneficial.
  • It has been hacked on previous occasions, which has caused users to migrate to other platforms.
  • You must have a knowledge as a developer, if not, you could not take full advantage of the endless applications of this platform.  

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