1 Level
17 Review
28 Karma
Review on EOS by Muhammad Shakhawat Hossain
Unlike proof of work based blockchains, EOS uses messages instead of state to…
Unlike proof of work based blockchains, EOS uses messages instead of state to represent and execute transactions. The use of state models is a fundamental flaw limiting blockchain performance. Models built using messages are superior for achieving high performance.
Pros
- EOS is a Larimer project. Lots you can say about him, but what you can't say after his inventing DPoS and writing BitShares and Steemit is that he doesn't produce. AngelShares had the exact same terms as EOS, and it paid out as promised. Graphene, the implementation of DPoS they plan to use for EoS works and has been tested in BitShares for years now. It's just a matter of implementing smart contract functionality, plus the other extras mentioned, on top of it. It's not the greatest solution, but goddamnit it will scale if nothing else will
Cons
- EOS seems shady, irresponsible, and extremely dangerous to the crypto ecosystem. I know there is tons of promise around the EOS project and it has a strong team, but I can't help but question their decision to structure their ICO the way that they did
