$3.76 -1.27%
EOS · 21w

How EOS Broke the Tradeoff between Performance and Decentralization

How EOS Broke the Tradeoff between Performance and Decentralization And How EOS Leapfrogged the Competition While Shifting Power to The Token Holders

One of the first things we all came across when learning about the EOS network is the sweet refrain found front and center on the Block.one website to ‘Decentralize Everything’. It’s a powerful idea of simple elegance that speaks to me.

Hundreds of people, many of them strangers to each other, connected around the world, working in multiple languages, in waves of activity following the sun, came together collectively, yet individually incentivized, to lift up into existence a global platform of free expression, already worth $Billions at birth, with no one single person in charge. A truly brilliant moment for mankind. Sincere gratitude to Daniel Larimer and Block.one and everyone that has contributed. Thank you for your courage to be bold, for working from your heart and doing good. Thank you!!!

EOS Performance Leapfrogged to the Top Crypto Transaction Speeds — Check the article above for a Performance Review of EOS in addition to Bitcoin, Ripple, Bitcoin Cash, Litecoin, Ethereum, Nano, Augur, Dash, Tron, Cardano, Iota, Zcash, Monero, Stratis, Dogecoin, Vechain, Steem, Ardor, Nem, Stellar, Spectracoin, Neo, Golem, Bitshares, Electroneum.

EOS has already proven greater capacity than any other chain. The network is working; the protocol that is a blockchain has gone straight to the front of the line, straight to the top of the performance charts.

Source: eosnetworkmonitor.io 9/9/2018 Question: How did EOS Achieve the Speed?

How is EOS able to produce more transactions per second than any other chain? What is EOS doing that is different from other chains and how does this relate to the hot question of decentralization?

To answer those questions we have to understand how most of the other chains perform the core operation that is central to all blockchains; consensus.

A Cons...
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