EOSIO as your blockchain platform of choice

There has been a lot of discussion on why enterprises select Ethereum or Hyperledger or Corda when choosing a platform for their applications, and why EOSIO software is not on their list.

A simple answer is, because they are informed this way. Ehtereum Foundation, IBM and R3 are doing a lot to push their technology to the enterprises. A lot needs to be done to spread awareness of EOSIO protocol. Also a lot needs to be done to promote its features.

Distinctive features of EOSIO

  • Transaction performance: EOS mainnet has been performing over a billion token transfers per week. They are generated by so-called mining contracts, which are basically polluting the network, but it’s still a significant benchmark. Also important to note that the blockchain continues to be functional, and other contracts get their CPU time to execute.

Challenges of EOSIO

  • Accounts instead of addresses. Many people experienced with Bitcoin or Ethereum find it hard to understand that we operate with accounts, and each account can be managed by one or multiple private keys. But once they grasp the concept, they start seeing the benefits of it.

Telegram: cc32d9, EOS account: "cc32dninexxx"

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