EOS - the new blockchain kid
First there was bitcoin. Then there was Ethereum. Now there is EOS, the next generation foundational layer protocol for the cryptocurrency market. What makes EOS different is that it is built for a new scale of performance, most importantly transactions per second. Take a look at this comparison:
Transactions Per Second:
*Bitcoin: 3
*Ethereum: 30
*Visa/Mastercard: 20,000
*Facebook: 52,000
*Stock Market: 100,000
*Amazon Web Services: 1,000,000
*EOS: “millions”
EOS will be the first blockchain protocol able to support trading exchanges, social networks, payments processors or any other system that requires massively scalable architecture. This will solve a major pain point in creation of the blockchain – the fact that it could not handle huge volumes of transactions. It is very reminiscent of Google’s launch of its scalable search engine following Yahoo!, Goto, Inktomi, and AltaVista’s early attempts.
Good one indeed Upvoted. How can one buy the EOS coin?
See my blog post for some helpful tips on steem and steemit. Thanks for this info.
Looking at Steemit and BitShares, EOS could go far in bringing a type of blockchain OS into the world. The big (exciting) question is what kind of (d)apps will the world develop to run on EOS.
Yeah