RATE Group | Ethereum vs. EOS | An Analysis of Blockchain’s Two Largest Dapp Platforms
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Ethereum vs. EOS | An Analysis of Blockchain’s Two Largest Dapp Platforms

02 Aug Ethereum vs. EOS | An Analysis of Blockchain’s Two Largest Dapp Platforms

Posted at 13:56h in Ethereum News by

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Ethereum vs. EOS

There are hardly any other cryptocurrencies with a rivalry as tense as Ethereum and EOS. Coming in as the number one and number two decentralized app (dapp) platforms by market cap size, both cryptocurrencies polarize crypto enthusiasts as to their preference.

Ethereum was the first in the smart contract space and boasts a strong community. However, fans of EOS believe it improves on enough of Ethereum’s shortcomings to dub it the “Ethereum killer.”

The platforms share many similarities; however, at their core, they differ in their methodologies to overcome the scalability trilemma.

What’s the Scalability Trilemma?

The scalability trilemma is an inherent problem in blockchain technology that no one has yet to solve. It states that every blockchain has three main characteristics:

  • Security. The ability of the blockchain to stay immutable and withstand network attacks such as a Byzantine or 51% attack.
  • Decentralization. The level of censorship-resistance and number…

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