Futurepia Vs EOS Vs Ethereum. Who’s Gonna Win The War?
Blockchain isn’t about cryptocurrency, it has become a way of life now, which will find its use in almost every sector of life from public sector to private and from banking to social media applications. But choosing a right blockchain mainnet is not easy, rather a difficult to decide yet very important for any blockchain project. While deciding which mainnet to go for, DApps or other blockchain projects always keep in mind alteast these 3 aspects:
- TPS (Transaction per second) Speed
- Scalability
- Security
It can be seen it the last few years that Ethereum and EOS have faced immense issues when they were trying to increase the speed and security of their platforms. In order to better understand the issues, let’s first dive into the algorithm or the consensus models on which these blockchains work.
- Bitcoin works on PoW (Proof of Work) — safer but slowest
- Ethereum works on PoS (Proof of Stake) — less safe but faster than PoW
- EOS works on DPoS (Deligated Proof of Stake) — least safe but faster
- Futurepia works on DDPoS (Dual Delegated Proof of Stake) — safest and fastest
For a detailed comparison, read the article here.
Futurepia’s mainnet DDPoS algorithm has surpassed the processing speed of both PoS and DPoS platforms. While Ethereum has 15 TPS, EOS has around 100,000 TPS, Futurepia’s mainnet is expected to handle 300,000 TPS.
Here is a pictorial comparison:
Futurepia’s faster DDPoS algorithm is better than other algorithms because of the following differences:
- More secure: In case of DPoS, since only 21 nodes are in charge of keeping the network alive, it is vulnerable to “51 percent” attack. On the other hand, DDPoS is developed to solve the existing PoS’s problem of speed and DPoS’s problem of security. Instead of 21 BPs we combine 17 master nodes with 4 random nodes, making it far less vulnerable to network attack and collusion.
- Much faster: KOLAS is the Korean certification board recognized by 72 countries, in accordance with the international relevant standards. KOLAS has assessed and certified that FUTUREPIA’s Social Media Mainnet transaction speed is 300,000 TPS.
3. A mainnet dedicated to high traffic DApps:
Futurepia not only provides mainnet core engine API but also other useful modules like live streaming, smart wallet, communication network and P2P cloud API. This would make DApp developers develop the apps easily and grow faster.
Hence the winner is obvious: Futurepia wins the war between mainnets and has been recognized as the most secure and latest technology during the Blockchain Leadership Summit in Switzerland. Team Futurepia won the 1st place during the pitch deck competition.
Medium: https://medium.com/futurepia
Reddit: https://www.reddit.com/r/Futurepia/
Facebook: https://facebook.com/futurepia.official/
Instagram: https://www.instagram.com/futurepia_official/
Twitter: https://twitter.com/futurepia_
LinkedIn: https://www.linkedin.com/company/sigmachain/
Telegram Channel: https://t.me/futurepiaa
Telegram Community: https://t.me/futurepia_blockchain
BitcoinTalk: https://bitcointalk.org/index.php?topic=5054960.msg47145477#msg47145477
BitcoinWiki: https://en.bitcoinwiki.org/wiki/Futurepia
