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RE: Why EOS may represent your best bet if you dream of turning $10K into a million.

in #eos7 years ago

That's a great post, thanks. Where do you see the difference to litecoin except for the size? It seems to have a similar concept as EOS.

And something that is usually a bit ignored: How strong are the developers of EOS, are they able to grow and carry the weight?

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  1. Function and Purpose : Litecoin is not a smart contract platform, nor does it run public dApps.

  2. EOS team is one of the best in Crypto. Having built Steem and BitShares. They have already succeed at scaling thousands of transactions per second...
    Plus, they are the best funded project with more than 1 Billion dollars cash on hand.

He didn't say EOS is supposed to manage 10k...
He said EOS beta testnest is already running at over 10k tps.
EOS is working on running parallel threads instead of just singular like all of the rest. The goal is to be able to handle at least 1 million transactions per second by the launch.