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Review on EOS by Kingsley Morgan

Revainrating 5 out of 5

Based on a white paper published in 2017, the EOSIO platform was developed by…

Based on a white paper published in 2017, the EOSIO platform was developed by private company block.one and launched as open source software on June 1, 2018. To ensure the widespread distribution of natural cryptocurrency At the launch of the block chain one billion tokens were allocated as ERC-20 characters per block.

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Pros
  • The platform's objective is to provide decentralized hosting of applications, intelligent contractual capabilities and decentralized storage of corporate solutions that address problems such as the scalability of blocks in Bitcoin and Ethereum, as well as the elimination of all charges to users. EOSIO accomplishes this with multiple threads (it can work in multiple computer cores) as well as with delegated evidence of participation in its consensus protocol
Cons
  • The project was able to raise $4b without a single project but some words coined together called white paper and just recently released it's first product. I find it really weird how easy it was to raise such money which only makes it more centralized .

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