Ethereum vs EOS cryptocurrency: Simple guide to their differences

Ethereum and EOS are designed to do a similar thing in very different ways.

Ethereum and EOS are very similar in intended purpose, but very different in other ways. Both are primarily designed to operate smart contracts. These are automated contracts, which let blockchain technology cut the middleman out of a range of different functions.

For example, many cryptocurrency exchanges use smart contracts to automatically process trades in large numbers, instead of having a staff member manually check and process transactions.

Ethereum invented smart contract systems, but was far from perfect. Since then many other platforms, including EOS, have set out to become “Ethereum killers” by doing everything Ethereum can, but better.

Despite their similar functions there are a differences between Ethereum and EOS, specifically in how much progress each has made.

Progress.

This might be the most important difference between EOS and…