Review on EOS by emmanuel Ocando

Name: EOS
Item: EOS
Rating: 4

April 23, 2020

EOS

Eos is a Blockchain protocol powered by the native EOS cryptocurrency. The protocol emulates most of the attributes of a real computer. EOS is a cryptocurrency, based on Blockchain technology, it was created to assist decentralized commercial applications, it will maintain asynchronous communication and parallel procedure to be able to carry out millions of transactions per second, it eliminates user fees and promises to offer the possibility of a quick and simple decentralized application deployment. EOS is considered an innovative currency that was specially developed to maintain different decentralized programs and applications, the high speed of transactions in EOS will be made thanks to the Dpos grant algorithm (delegated confirmation of participation). In this not all the block products have the responsibility to verify the transactions, such as in Bitcoin Blockchain, but only the chosen ones.
﻿

Pros

The main advantage of EOS digital currencies is high speed of information procedure thanks to the fact that the name "ETHEREUM in doping" is applied to it and that it performs millions of transactions per minute and supports asynchronous connection and parallel data processing that are considered to be a breakthrough in the world of Blockchain technologies.

Cons