While Ethereum is stuck at 15 transactions per second, EOS are planning to raise their bar and scale to millions of EOS transactions per second. If this happens EOS would be the most scalable blockchain in the industry that is capable of handling any real-world application.
Anyone prospecting a new cryptocurrency are wondering if the crypto has a future and they are keen to know if there is something wrong about it.
Coinswitch have to state that EOS price prediction for 2020 is going to be the golden year. They say that it will touch $10 in July, after which they say it will go down gradually and to eventually tough $15 by the end of the year. This looks like a very quick growth and we are not sure if it is correct. It just sounds like too good to be true.
The price of EOS will definitely increase, but do they have enough reasons to support the $10 and $15 run. This is something we need to stay tuned to see if it will occur at all. EOS like many others is one of the Ethereum competitors.
Clarifying, Sydney Ifergan, the crypto expert tweeted: “EOS is obviously a performer. There is no need to compare it to anything for now. Long way to go to call for a true comparison. I think Ethereum is huge.”
Not to deny DeFi on EOS is still highly underrated compared to other block chains, yet #EOSIO certainly is the only public decentralized blockchain most capable of supporting mainstream adoption. Eyes keen on the Vigor Protocol.
Whether EOS is better than Ethereum
Whether EOS is better than Ethereum is a different question, but for now in the rank list even Cardano is yet to push Ethereum away from its rank!
Transaction times, transaction fees and scalability are the factors commonly taken in to consideration to decide the better one of the two. Can we compare them at all while Ethereum is heading towards proof of stakes and EOS are already using Proof of Stakes.
Ethereum is the blockchain which can handle smart contracts, EOS can also handle smart contracts. Ethereum by all means is a seasoned player than EOS. It is like discussing Vitalik Buterin Vs. Daniel Larimer.
Both of them are running with the goal of facilitating the fastest, cheapest and most scalable smart contract blockchain.” Both of them are working that way.
EOS started off as an ERC-20 token, but later EOS is backed on the EOS blockchain. It is all hope for both of them now. The clear difference is EOS has miles to go and Ethereum is an early player. Both of them have similar target markets. Both of them can handle real world application. For some Ethereum is best and for others EOS is best for their own reasons.
