1 Level
16 Review
0 Karma
Review on EOS by R Silva
EOS is said to be a scalable, flexible and usable technology, was created by…
EOS is said to be a scalable, flexible and usable technology, was created by Block.one, a company based in the Cayman Islands and launched in mid-2017. The project is led by Dan Larimer, who is also the founder of Steem. EOS aims to become the new blockchain operating system, faster and scalable than ethereum, allowing users to build decentralized applications more efficiently. In its ICO was raised more than 10 billion dollars.
Pros
- EOS uses Graphene technology that utilizes the DPOS delegated participation test consensus mechanism. Scalable, it can support millions of transactions per second, it's an intelligent open source contract platform known as 'Blockchain 3.0', which allows developers to build decentralized applications over the blockchain infrastructure, as well as Ethereum.
Cons
- New currency, its ICO ended in July 2018. Following the release, security researchers uncovered a host of new vulnerabilities in the EOS blockchain platform, one of which could allow remote hackers to completely control the node servers running critical blockchain-based applications. Maximum Supply: 1 Billion EOS.
