Review on EOS by Danh Huỳnh Ngọc Công
EOS project has huge potentials to be a widely used blockchain that is applied…
EOS project has huge potentials to be a widely used blockchain that is applied in many use-cases. With its high TPS, EOS will soon or later achieve the goal of scalability.
Updated 5 years ago
Rating changed from 4 to 5
Positive point: - The number of active DApps on EOS blockchain has surged dramatically which always top the list of active blockchain platforms
Negative point: it is not free to create an account on EOS making it quite not accessible to everyone
Pros
- - EOS has a new mechanism called Delegated Proof of Stake (DPoS) with 21 delegates voted each period to make the blockchain stable. - The team behind is huge and strong having a lot of experience in both business and technologies - The number of transaction per second can reach 4000 making it more capable than Ethereum blockchain - There is a huge community giving continuous support to the project
Cons
- - The mechanism makes the blockchain not really decentralized - The developers can leave the project anytime
