Is EOS Overtaking Ethereum? A Deep Dive into Network Activities

Morantesjulia
2 min readSep 8, 2019

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EOS builds on lessons learned from Ethereum

In just one year since its launch on June 1, 2018, EOS has become the most dominant blockchain platform in the world by most measures, which means that EOS is now extremely undervalued in cryptocurrency markets, especially relative to Ethereum. This article aims to support that thesis objectively with supporting data from EOS network activity and token economics.

I will also explain why EOS is the one platform that stands the best chance of returning critical rights to individuals around the world, including United States citizens, by providing an uncorrupted high-throughput infrastructure to support reliable access to truthful and accurate news and information about our friends, family, news, politics, science, and technology, etc., on a global scale. Democracy is built into the EOS infrastructure through its Delegated Proof of Stake (DPOS) governance system.

As an investment opportunity, EOS currently represents a convenient combination of ultra-high potential ROI and ethical urgency, with a splash of righteous indignation.

This article also addresses the two primary sources of market FUD (fear, uncertainty, and doubt) — rumors swirling around the crypto news sphere targeting EOS, including (1) widespread confusion about bot activity on the EOS network, and (2) the belief that the largest EOS investors (aka “whales”) have a disproportionate (and therefore undemocratic) influence over the EOS network updates, and explains why the market has embraced these rumors, which are understandable though misleading in that they do not threaten the medium-long term viability of the EOS network as claimed.

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