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    Gate.io Blog:EOS Launches A New Fork Chain, Is It a Zombie or a Lazarus?

    Create Time:2022-08-19 10:08:12 UTCRead:18411

    【TL; DR】

    🔷 EOS, that is, the enterprise operator system , aims to replace the current Ethereum and become the underlying infrastructure of the next-generation blockchain.

    🔹 EOS belongs to Block.one, but the key person who is really closely connected with EOS is the founder Dan Larimer (often referred to as BM). Now BM has left for more than a year. Is EOS fine?

    🔹 EOS wants to reshape the brand's influence by means of hard fork.

    🔹 Most of the forks are hypes. Insiders know the real background and purpose of forks. We can wait and see if EOS can turn things around.

    In fact, at the beginning of the birth of EOS, it seemed that EOS had always wanted to surpass the competitiveness of ETH.

    Focusing on the scalability issues, high trading fees and inapplicability of the public chain to business, EOS avoids the transfer cost in terms of technical design. With the graphene underlying block architecture and DPOS consensus algorithm, the processing speed of EOS transactions can reach millions per second. By comparison, Ethereum can only process approximately 20 transactions per second, while Bitcoin can even process only 7 transactions per second. Compared with EOS, their processing speed is really limited.

    Sounds pretty nice? In fact, EOS has been haunted by many problems, such as inconsistent opinions of the founders, infighting among nodes, unhealthy public chain ecosystem, unreasonable resource design mode, and sharp drop in currency price. EOS, which had a market value of nearly $20 billion, like most "short-lived" IP public chains, has dropped from the pedestal for a long time.

    For more details, please refer to our blog post:EOS Launches A New Fork Chain, Is It a Zombie or a Lazarus?

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    August 19

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