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Board Beginners & Help
Merits 1 from 1 user
Re: What are the benefits of EOS?
by
CryptopreneurBrainboss
on 09/01/2019, 05:06:54 UTC
⭐ Merited by DdmrDdmr (1)
I have recently come across a number of projects with the tokens released on the basis of EOS. What's the reason behind it?

Eos is gaining some ground over ethereum of recent due to the following reasons
  • Governance on the EOS blockchain are carried out through proof of stake. The higher number of tokens you have determine your voting capacity resulting to giving power to very few billionaire/eaely investor
  • Using the EOS blockchain is free,  there's no transaction fee making the blockchain more attractive to developers
  • EOS sacrificed her decentralisation to increase capacity and speed over Ethereum. Making it faster when executing a transaction, i.e the transaction per second on the EOS blockchain is faster than ethereum

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