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Combining the power of smart contract from ethereum and 0 transaction fee, allow more transactions from steem, EOS will bring decentralized app to the next level.
Some might critique about DPOS, but hey, DPOS are more decentralized than POW like BTC (look at the mining pool %).
I had tested the test net, and developing DApp with EOS is much easier for new comers because it is written in C++ instead Solidity in Ethereum. (No need to learn new programming language)
I can't comment much until the product is out or the benchmark testing result is out. Maybe if I got time I will read through the White Paper.
Disclaimer: Again, not a financial advise