Why EoS will continue to grow?

What is EoS?

Recently, the crypto market has been extremely bullish. Standing at the top of the extreme gains made by the recently is EOS. So I thought it would make sense to provide a brief explaination of the coin.

EoS is a dapps coin (development of decentralized applications). This means it's similar to Ethereum in function.

Why is this so useful?

It amalgamates the best aspects of the various smart contract technologies. Therefore, you can profit from the computing support of Ethereum and the security of Bitcoin by making use of their simple platform. Their platform is meant to be massively scalable and opens Blockchain technology up to everyday users.

Is it really that promising?

The biggest competitors to EoS are ICX and ETH. ETH has been going through turbulent times recently (albeit, it seems to be recovering of late) and ICX should be coming with a big release at the end of the month. That said, EoS still seems to be in the centre stage. I don't know whether it's the maturity of the development, the low fees or the lack of speed humps, but EoS seems to be a coin that's looking to moon.

I'm simply writing this article because EoS has made my pockets smile of late lol.

Simple and brief, but I hope you found this helpful.

Who am I?

So I'm new to the platform but not completely new to crypto. So now I'm trying to share knowledge, lessons and personal thoughts via various social media platforms. My stuff isn't perfect nor is it financial advice, but it's a direct peek into my mind. If you're interested in joining me on this journey, then share / follow / subscribe to my channels:

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All the best!
@CryptoCrayze