Review on EOS by jacob evans
EOS Blockchain - Powerful Blockchain
I read 2 articles about EOS and realized that all the goals of the EOS network are related to the number of transactions that can be done per second. Bitcoin blockchain processes 8 transactions per second and ethereum 20 transactions per second, but both use the PoW protocol, which slows down transactions. The PoS protocol speeds up the network, and EOS uses DPoS, which is a great feature of EOS for processing large numbers of transactions.
Given that EOS, like ethereum, supports smart contracts and is not just a currency, it could replace and become a major competitor to ethereum in the future.
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Pros
- High number of transactions per second
- DPoS protocol which is much better quality than PoW (in my opinion)
Cons
- After the complete launch of the network and after a few years, it is still not a serious competitor for ethereum in terms of number of users and currency prices.
