EOS made headlines not too long ago, when Weiss ratings compared EOS and Cardano projects. EOS launched its blockchain last year, and the ratings agency said that Cardano now has the edge after they launched their incentivized testnet. “Cardano is clearly superior to #EOS. EOS was first to market, but it’s becoming increasingly clear that …
Continue reading "EOS Reportedly Battled Congestion Issues"
Weiss Ratings just compared the smart contract platforms Cardano and EOS. You probably know by now that EOS launched its blockchain last year, and the ratings agency said that Cardano now has the edge after they launched their incentivized testnet. “Cardano is clearly superior to #EOS. EOS was first to market, but it’s becoming increasingly …
Continue reading "Cardano Vs. EOS: Weiss Ratings Compares The Platforms "
What is the EOS?
EOS is an alternative to Ethereum, created by Dan Larimer, who is also the creator of Steem and Bitshares. EOS promises a faster system and better scalability than the Ethereum, which would allow users to create decentralized applications more efficiently.
EOS is designed to support distributed applications that have the same look and feel as their centralized equivalent, for example without the user having to pay for each transaction.
This allows new blockchain users to engage without having to navigate the complex process of acquiring cryptocurrency and this should help develop the sector.
It also means that any type of application can be built, run and managed by the EOS operating system, creating a new level of transparency.
EOS is designed for large scale development for large enterprises, currently not considered by existing blockchain platforms.
