Review on EOS by Sergio Daniel Delgado
The function of EOS
Like Ethereum, EOS was born with the aim of serving as a platform for the design and implementation of decentralized applications (dApps). Its main objective is to eliminate transaction fees within your Blockchain. Thus creating a totally free service for the creation of smart contracts.
To achieve this, EOS has focused on the scalability of its currency. Which, as we have previously seen, is one of the big problems of cryptocurrencies in general, and especially of the largest.
Thus, EOS proclaims that its Blockchain can process more than a million transactions per second. This would be a great advantage of the cryptocurrency over its competitors. Especially at a time when the massive use of cryptocurrencies shows the important existing bottlenecks.
Pros
- One of the fundamental characteristics of EOS is the inexistence of a mining system like that of Bitcoin. In the case of this currency, blocks are created by so-called "block producers".
- EOS allows the programming of decentralized applications using any programming language. Which at the end of the day represents an advantage over Ethereum, which requires the use of your own programming language.
Cons
- None
