Hi steemians on my post this time will discuss about eos which is booming really, for friends who still do not understand I will discuss it
EOS
People who have been monitoring the cryptocurrency ecosystem for the last month will realize that the EOS project is very exciting all of a sudden, there seems to be some confusion as to what made this project and the original token valuable at this stage. For a project that claims to be the most powerful infrastructure for decentralized applications, expectation is high.
How the EOS will factor into all this remains to be determined. The team has focused on critical blockchain poles that most crypts others seem to be struggling with now. Scalability, for example, is very difficult to obtain in the recent world of cardiac crypto. There are very few currencies that have a relatively stable network in this case, let alone that is proof of the future. EOS wants to support thousands of commercial-scale DApps in the future, which is quite ambitious.
In order for such platforms to work, parallel execution, asynchronous communication and separate authentication of execution are necessary. Checking all the boxes will not be easy, even for the EOS team. Furthermore, in accordance with its whitepaper, EOS will also provide more flexibility, which is the current blockchain solution seems to be wrestling.
projects like this will be up or down based on their usefulness. EOS works on clear interfaces, database schema, and licensing schemes. In addition, they have a web toolkit for interface development, which will certainly attract a lot of positive attention in the future. We must remember that all this is still in the early stages of development, and there is still much work to be done before EOS can start flexing its proverbial muscles.
EOS Project Overview
For those who do not know what EOS is offering, now is a good time to explore this project a little further. First and foremost, EOS positions itself as the most powerful infrastructure available for decentralized applications. Since Ethereum got a lot of appeal, the DApps ecosystem has suddenly become much more popular. There are many different applications to build on blockchain technology, because we have not been able to explore what technology is truly capable. With more developers focusing on blockchain, things will become more attractive in the future.
EOS also becomes an interesting precedent when it comes to token sales. More specifically, the team decides not to use a predetermined price, but instead uses market-based pricing. Currently, EOS values are skyrocketing, and it is unlikely the situation will change in the near future. Users can still buy EOS tokens at the moment, assuming they are not from the US and agree on the overall investment deal. It is worth discussing all these aspects correctly, as there are always some contradictory statements that cause confusion.
With an ICO distribution spanning 341 days, EOS is not your average project. Whether the team approach will be considered a smart move is anyone's guess. Obviously there is a ton of tokens bought and sold now. If this trend continues, the company will sell all of their EOS 1 billion before the distribution phase is complete. With current prices above US $ 13 per token, the company has high hopes of being able to survive in the near future.