• EOS is a platform where decentralised applications can be built. In s0me respects it is very similar to Ethereum, but EOS has a different architecture, and claims to be incredibly scalable. The virtual currency claims to be able to handle millions of users on the pl4tform. This is very different to Ethereum, which faces a huge scalability problem.
• Ethereum is an incredibly popular crypt0currency: It is second in the w0rld by market capital, and is a platform that a lot of ICOs and decentralised applications are built; however, there are many problems with this, with the main one being the scalability, or lack of it. This is where EOS is really coming into its own; taking the negative points fr0m Ethereum and trying to improve them, t0 build the best and most impressive virtual currency that there is.
• One important thing to n0te with E0S though is that it is still in the testnet stage and will continue to be in this stage until the end of spr!ng, meaning there are still a few months before the main blockchain is launched. Despite this though, it is looking incredibly promising, with their aims of being scalable, flexible and usable.
• 0ne of the reasons that they are predicted to be so successful and what might cause them to 0ver take and essentially kill Ethereum is that they have an excellent team behind them’ Dan Larimer has a huge amount of experience in the crypto industry, so is one of the best possible people for the job.
• The downside to the virtual currency is that there is currently no finished product, and that the ICO is still going, which means that there is still more than 30% of c0ins to be distributed. That said, when it is finished, the price is expected to rise by more than 3 times.
