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Review on EOS by ashiru muyideen
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
Pros
- EOS wants to bring the best of all other smart contract technologies to one platform. As such, it offers a blockchain architecture that aims to enable the development of decentralized applications. Developers can build, test and execute their projects on the operating EOS blockchain.
Cons
- The EOS project came under heavy criticism as it raised a whopping $700 million through its ICO, despite not having a working prototype of the EOS mainnet. The EOS digital coin is the fifth largest cryptocurrency by market capitalization.
