While Ethereum is stuck at 15 transactions per second, EOS plans to raise the bar and scale it to millions of EOS transactions per second. In that case, EOS would be the most scalable blockchain in the industry, capable of handling any real world application.
Anyone looking for a new cryptocurrency wonders if crypto has a future and they want to know if something is wrong.
Coinswitch must indicate that EOS price prediction for 2020 is will be the golden year. They say it will hit $ 10 in July, after which they say it will gradually go down and finally hit a hard $ 15 by the end of the year. This seems like very rapid growth and we are not sure if it is right. It just sounds too good to be true.
The price of EOS will definitely go up, but do you have enough reasons to support the $ 10 and $ 15 runs? This is something we need to hold on to to see if it will happen at all. Like many others, EOS is one of Ethereum’s competitors.
Sydney Ifergan, the crypto expert, tweeted, “EOS is obviously a performer. There is no need to compare it to anything for now. A long way to go to ask for a real comparison. I think Ethereum is huge. “
Undeniably, DeFi on EOS is still grossly underrated compared to other blockchains, but #EOSIO is certainly the only public decentralized blockchain that can best support mainstream adoption. Keep your eyes peeled for the Vigor Protocol.
Whether EOS is better than Ethereum
Whether EOS is better than Ethereum is another question, but in the ranking even Cardano still has to oust Ethereum from its rank!
Transaction times, transaction fees, and scalability are the factors that are often taken into account in deciding which is the better of the two. Can we even compare them as Ethereum is headed towards Evidence of Stakes and EOS is already using Evidence of Stakes?
Ethereum is the blockchain that can handle smart contracts. EOS can also handle smart contracts. Ethereum is definitely a more seasoned gamer than EOS. It’s like a discussion about Vitalik Buterin Vs. Daniel Larimer.
Both run with the goal of enabling the fastest, cheapest, and most scalable blockchain for smart contracts. “Both work like that.
EOS started out as an ERC-20 token, but later EOS will be backed up on the EOS blockchain. It is all hope for both now. The clear difference is that EOS still has miles to go and Ethereum is an early player. Both have similar target markets. Both can process real applications. For some, Ethereum is best and for others, EOS is best for its own reasons.