Why You Should Opt for EOS Over Ethereum (ETH)

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In the year 2009 when the open source software Bitcoin (BTC) was released, it was nothing but a reward for mining. Prior to 2015, cryptocurrencies like Bitcoin (BTC), Litecoin (LTC), and others were used only for peer to peer transactions and nothing more than that. Unlike Ethereum (ETH), the very first cryptocurrency using smart contracts, Bitcoin (BTC) didn't have blockchain technology on which other decentralized apps could be developed. To be very honest it was Ethereum (ETH) that brought out the second generation of cryptocurrencies. So then, what's the crucial role played by EOS that has led to it outperforming Ethereum (ETH)?

Insight on EOS:

EOS is the most robust core in order to build any decentralized application. The application based on blockchain can be developed with ease because of its programming language which is similar to that of web development. For the convenience of developers, it also provisions web Toolkit, that helps a lot for the interface development. Its working principle is synonymous with Google Play Store. Now talking about the two main elements on which the entire EOS ecosystem is based on are EOS tokens & EOS.IO. The former one is the cryptocurrency whereas the latter one manages the blockchain network. One who is desiring to use the network and its resources must hold the EOS coins.

How it beats Ethereum (ETH):

So far we are concerned both EOS and Ethereum (ETH) have the same use, i.e. facilitating the development of decentralized applications. But Ethereum (ETH) had some issues which were finally sorted out by the advent of EOS. The major drawback of Ethereum (ETH) was its lack of scalability flexibility and slow speed. On the other hand, EOS.IO executes thousand of commercial decentralized applications parallelly, making it time efficient. This asynchronous communicating approach removed constrained network issues and reduced the count of false transactions to a negligible value. Not only this but also it partitioned all the modules under the decentralized applications.

Why should you opt EOS over Ethereum (ETH)?

* The very first advantage in EOS is it has separated out the token value from its transaction cost. On the other hand, while dealing with Ethereum (ETH), users are always at a risk of being affected by price volatility.

* The slow speed and higher latency of Ethereum (ETH) blockchain are preventing it's widespread, on the other hand, EOS is much faster and safer with far more possibilities.

* It is mandatory to pay the gas fee in case of Ethereum (ETH), whereas EOS is free from any such fee.

* The delayed response of Ethereum (ETH) blockchain makes it less competitive, where is EOS are highly reliable with zero delays.

* Ethereum (ETH) is good enough to handle the workload of small-scale applications, but when it comes to dealing with the workload of large-scale applications it must have multiple CPUs that can perform parallel like that in EOS.

Weighing the pros and cons of both Ethereum (ETH) and EOS, when it comes to investment, one must take a practical approach rather than clinging to emotions. The fact that EOS is a smarter platform in every aspect is not only practical, it is crystal clear.

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Disclosure:

I have received no additional compensation other than the Ethereum that Hade Technologies pays to produce Exclusive Content

Comments (3)

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Thanks for a simple comparison and explanation..cheers

   0   Reply (1)   Follow(6)  

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    You're welcome!

       0  

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      • knifedag
      • ,  Contributor
      • 18 April 2018, 12:04 pm

      I almost bought some when it was around 5 bucks and totally forgot too. really missed the boat on that one -_-

         0   Reply (0)   Follow(6)  

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