Review on EOS by Rupanshu Kumar
The EOS blockchain is part of a paradigm shift in designing scalable, user…
The EOS blockchain is part of a paradigm shift in designing scalable, user-friendly but still secure blockchain platforms. Its key selling point is the millions of transactions it can handle per second. At 1 million transactions per second, it can support corporations and enterprises.
Existing public blockchain platforms have run into hurdles that require a rethink of how to construct a blockchain.
For example, the Bitcoin scaling deadlock highlighted the lack of an all inclusive governance model. Ethereum charges users a fee for actions on decentralized applications. Both Ethereum and Bitcoin suffer severe limitations on the number of transactions they can handle per second
EOS is set to be a significant competitor to the current leading block chains. Its scalability, user friendliness, transactional throughput and low-cost maintenance makes it superior to all existing block chains.
Pros
- Probable etherium killer, solid technology
Cons
- Can't say yet
