Review on EOS by Fanuel PORPORTY
EOS: The decentralized operating system.
EOS is a cryptographic currency that specializes in the design of decentralized applications. EOS therefore allows its users to develop DApps very easily by offering a system which has a set of services and functions which are considered to be an operating system. These can be used by DApps.
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The main purpose of EOS cryptocurrency is to set up a system that offers all the features of smart contracts like good security like Bitcoin and Ethereum support. These characteristics are included in a single application platform which is very easy to use and which is scalable over time. Its users can therefore learn about the use of blockchain technology.
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The EOS cryptocurrency therefore assures its users that it can become one of the best digital currencies on the financial market. It is both useful and practical not only for businesses but also for individuals. The EOS cryptocurrency aims to set up a specialized platform for DApps which is of the blockchain dapp genre. The latter must be able to safely process and validate thousands of transactions every second. The EOS virtual currency cryptographic network is therefore easily accessible to all decentralized application developers, entrepreneurs and all users.
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Pros
- The EOS cryptocurrency blockchain can support more than 300,000 transactions per second. On this blockchain, transaction fees are nonexistent unlike those of all the others on the market.
- All services on the EOS network are remunerated by EOS tokens
- The EOS cloud is a system that integrates server hosting. Cloud storage allows developers of decentralized applications to build web interfaces and applications. Cloud storage is secure and all users of EOS cryptocurrency can concretely realize all their ideas. They have direct access to all usage analyzes for storage thanks to the EOS platform. They can then put limits to their decentralized application
- The EOS platform is made for decentralized applications. It allows its developers to have full access to a very complete user authentication system. All user accounts and all their data are part of the digital currency network. With platform updates, it is also possible for EOS users to have access to the database between accounts and data storage on a machine independent of the blockchain.
Cons
- Like all other cryptocurrencies, EOS can present risks of loss of value. In addition, no sales site offers purchases of EOS tokens with physical money such as EUR or USD. The new user and developer must then purchase BTC or ETH before they can trade them on a cryptocurrency exchange. This step is long and you can waste time obtaining EOS tokens.
