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Review on EOS by Doreen Beich

Revainrating 4 out of 5

EOS (or, as some joke, “Ethereum On Steroids”) is a perfect lesson in how you…

EOS (or, as some joke, “Ethereum On Steroids”) is a perfect lesson in how you build a successful crypto sale. Take Ethereum and Bitcoin as they are becoming more and more mainstream and name their biggest problems: scaling and transaction price. Gather a team which is credible to solve these problems. Get a substantial marketing budget to promote your team and product. Make people aware of the vision that the team has and approach to solve the most pressing problems of two largest existing blockchains



Pros
  • The EOS proposition is jam-packed with impressive tech, at least on paper. The proposed platform stretches far beyond the capabilities of any blockchain that is currently in operation. Among other things, the EOS ecosystem would provide an extensive toolkit to easily create, manage and update decentralized apps (Dapps)
Cons
  • The biggest technical question that EOS currently faces is scaling. For all its claims to resolve the scalability problems of incumbent blockchains, EOS does little to go into detail on how exactly it plans to achieve this

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