Posted June 08, 2019
EOS operates as a smart contract platform and decentralized operating system intended for the deployment of industrial-scale decentralized applications through a decentralized autonomous corporation model. The smart contract platform claims to eliminate transaction fees and also conduct millions of transactions per second. The protocol emulates most of the attributes of a real computer including hardware (CPU(s) & GPU(s) for processing, local/RAM memory, hard-disk storage) with the computing resources distributed equally among EOS cryptocurrency holders. Basically Ethereum 2.0 but with some centralization issues. The speed and scalability gained sacrifices some of the security and goes against the original concepts of Bitcoin with regards to their governance model. Block.One, the private company behind EOS, still have $4-5 billion dollars in cash so still a lot of potential.
Official Website: https://eos.io/