All Cryptos > EOS (EOS)
EOS is a new project being developed in part by Dan Larimer, the technical designer behind Steem. EOS will enable smart contracts similar to what Ethereum enables but with interesting performance and scalability benefits. EOS uses Web Assembly which is a performance oriented language they arrived at by benchmarking.
EOS is a Larimer project. Having invented DPoS and developed BitShares and Steemit, he has a very strong background.
Graphene, the implementation of DPoS they plan to use for EoS works and has been tested in BitShares for years now.
EOS had massive funding and already holds more ETH than the Ethereum foundation.
The EOS token we see today holds no real value, it has NO purpose as stated in their whitepaper.
EOS seems shady, irresponsible, and extremely dangerous to the crypto ecosystem, especially due to the way they have structured their ICO, lasting over 1 year.
Team has small vested interest with the success of EOS because they raised a disproportionate amount of funds (hundreds of millions of dollars), and kept very few EOS tokens for themselves.
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