Post
Topic
Board Altcoin Discussion
Re: Is EOS dead?
by
JeromeL
on 14/07/2018, 19:49:19 UTC
"EOS runs on only 21 nodes that check and validate new transactions. Every 126 blocks 21 new nodes get elected by the stakeholders, which means every round an elected node ‘mines’ 6 new blocks. Blocks get produced every 0.5s, which makes 1 round last ~63s."

EOS looks quite centralized, and the price keeps tanking and tanking.

Recently it was announced that DIECI, a new smart contract platform targeting EOS will launch by the start of next year with decentralization "with no compromise". I, for one, have sold much of my EOS to anticipate this event. They have a lot of technical support and have done various tests to back up their claim, many are convinced.

I would like to see your views on this and how you think this will all play out.

The EOS is not dead. The developers had huge plans, they attracted a number of investments. Having so much money you can create a good product, but they still can not.