Everybody knows Ethereum, a lot of people are in love with it, from the technology geeks, to the programmers, and mostly the speculators which are making a killing from it's extreme raise in value over the last year. But what if I told you that there is going to be an even bigger revolution in world of blockchains? Better than Ethereum you ask? YES!
Well at least that is the promise made by Dan Lamier (the mastermind behind BitShares and one of the founders of Steemit, 
What's the big deal you ask? Ethereum is a great idea, it has great developers, but like Bitcoin it has it's limitations, which are popping up as it adoption is growing.
Last week during the ICO of BAT the network was severely tested and a 7 hour backlog formed, this is bad news for a platform which promises to run all the major data infrastructure of the future, thousands of projects are being developed right now which plan to use the Ethereum's highway to run it's contracts (prediction market, legal contracts, archiving, real time transactions, insurance services, et cetera). If they don't resolve it Ehereum is going to slowly fade away as new technologies will learn from it's mistakes and overtake the king of smart contracts.
And here comes EOS into play, it doesn't have the limits Ethereum has, think of Ethereum as a pc program, great, it does many useful things, but overload it with too many tasks and it crashes. Think of EOS as the operating system, capable of running all the programs you need to run, all the programs you need to run without risking to compromise the entire system if on them crashes.
If you want to stay updated on all the latest news on EOS subscribe to the official mailing list on https://eos.io/ and follow me on Steemit.
Oh, and they just released the EOS Technical White Paper, you can read it here: https://github.com/EOSIO/Documentation/blob/master/TechnicalWhitePaper.md
News about the distribution of EOS' tokens will come soon, right now there is no official news, let's just hope it's going to be fair, and not like the most recent disastrous ICO we've seen in the last weeks (where the whales just take it all).
And if you are not pumped enough, here is EOS in Times Square, New York: