"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.
At the moment, EOS does not have the best time, but still lives and I think will stay afloat for some time.