Red flag: the six main problems EOS

Date:

2019-01-16 01:45:08

Views:

3313

Rating:

1Like 0Dislike

Share:

Red flag: the six main problems EOS Source:

The Fifth of the capitalization of the cryptocurrency fell by 15 percent during a sharp drain on Thursday. Today is trading at 2.47 dollar, after rising 6.7 percent during the day. It is noteworthy that the project has problems not only with the sales in the market.

According to Chinese media portal Odality, EOS has a lot of problems in terms of fundamental analysis. «Killer » considered too centralized and weak for global acceptance all over the world. Recently, analysts have published 6 of the main obstacles to the development of EOS.

the

Centralization and poor infrastructure

Up To commercial use EOS.io is still very far away. We will remind, ICO acclaimed project ended seven months ago. During this time, EOS several times appeared in a not very positive news.

So, according to analysts Odality, cryptocurrencies have the six most serious problems:

the
    the
  • DPOS Protocol is indeed effective, but it creates suspicion «dishonesty» working of ecosystems;
  • the
  • operators are the nodes, which are network-based EOS, are experiencing serious financial difficulties. Only the top 50 nod and make a profit, the rest are working at a loss;
  • the
  • the status quo in the distribution of rights between ECAF (EOS Core Arbitration Forum) and block producers is the only reasonable choice at this stage of project development;
  • the
  • network EOS suffers from inefficient memory usage;
  • the
  • a large number of useless dApps;
  • the
  • problems with the security of decentralised applications from hacker attacks.

However, even these obstacles did not stop the team EOS to go since June of last year. According to the resource , the EOS is now working 254 dApps. More is Ethereum.

Source: Bitcoinist

In late December, EOS even the best blockchain project in China. Now the cryptocurrency is very popular among local investors, with analysts predicting the Chinese coin is a bright future.

What do you think? Please share your view .

Recommended

CRYPTOMACH / Maximum exchange rate of Bitcoin in the future, the output of the crypts on the map, Ycash and the Board of Finance

CRYPTOMACH / Maximum exchange rate of Bitcoin in the future, the output of the crypts on the map, Ycash and the Board of Finance

the long-awaited summer. Niche cryptocurrency supported the event and gave unusually hot week. During the last seven days, we learned about the new line of graphics cards from AMD, the mining in TON and hard forks . In addition dealt with the profita...

Co-owner Bitcoin.org Coinbase Pro ridiculed and called a stock exchange Scam

Co-owner Bitcoin.org Coinbase Pro ridiculed and called a stock exchange Scam

co-Owner Bitcoin.org and most popular forum about cryptocurrency Bitcointalk.org Cobra called Coinbase Scam Pro trading platform American crypto currency exchange Coinbase. In his tweet he wrote «if you read Coinbase Pro backwards, get the word ...

The Ethereum is a cryptocurrency Scam. A new report Chainalysis

The Ethereum is a cryptocurrency Scam. A new report Chainalysis

When people learned how to create a new cryptocurrency and began to build their infrastructure like marketplaces, in the field began to appear and fraud. According to blockchain auditor Chainalysis for the past two years, fraud in the ecosystem has s...

Comments (0)

This article has no comment, be the first!

Add comment

Related News

VEB and the Grozny mayor's office transferred the housing sector on the blockchain

VEB and the Grozny mayor's office transferred the housing sector on the blockchain

In February, the first Deputy Chairman of VTB Olga Dergunova positively the prospects of the blockchain. According to her, the technology will improve the speed of transactions and security standards. To move from words to action ...

Hacker 1337. How to hack Etherscan not to cause any harm

Hacker 1337. How to hack Etherscan not to cause any harm

Monday on the website Etherscan.io appeared a pop-up message with the numbers 1337. The visitors began to panic and spread rumors about hacking Explorer. really hacked, but the damage from a hacker attack was zero. About it writes...

When in Russia will appear scriptural? The response of the Chairman of the Duma Committee on Finance

When in Russia will appear scriptural? The response of the Chairman of the Duma Committee on Finance

the Chairman of the Duma Committee on financial market Anatoly Aksakov said that Russian criptural may appear within the next 2-3 years. However, while it is important to remember that under Russian law, smart contracts, cryptocur...

The most innovative project in the history of cryptocurrency — what is it? The point of view of the expert

The most innovative project in the history of cryptocurrency — what is it? The point of view of the expert

Over the past have seen an exponential growth of innovation and research in the world of cryptocurrency. However, CEO angel versetti , the most innovative ecosystem of blockchain is still . According to him, the idea of Ethereum d...

Why do you need a unique Bitcoin address and how to create it

Why do you need a unique Bitcoin address and how to create it

do Not have to be conceited to create your unique Bitcoin address. The question here is not about the usual combinations of numbers and letters and a unique symbol which will make the purse recognizable. Such addresses in particul...

Vlad Zamfir goes to new CryptoStream. The team wants to run Casper before Ethereum

Vlad Zamfir goes to new CryptoStream. The team wants to run Casper before Ethereum

One of the main developers of Vlad Zamfir may soon shift the focus of their research on a new project. According to the Crypto Block, the programmer began working with startup Casper Labs to create «fully scalable blockchain&...

Cryptopia hacked, the stock exchange reported significant losses. Chithiram the end?

Cryptopia hacked, the stock exchange reported significant losses. Chithiram the end?

January has started briskly. A week ago hackers a successful 51 percent attack on the blockchain Classic, which ended in huge losses and damaged reputation of the team. Although the attackers the equivalent of 100 thousand dollars...

Russia is waiting for: a bill of digital assets will examine in early February

Russia is waiting for: a bill of digital assets will examine in early February

the Bill on the digital economy can be adopted by the state Duma in the next month. It is including digital of financial assets. According to the head of the state Duma Committee on financial market Anatoly Aksakov, the document i...

The cryptanalyst: Bitcoin still not found its bottom

The cryptanalyst: Bitcoin still not found its bottom

the Market will fall still long enough. According to analyst Willy Wu, traders should not rely on a sharp increase in the very near future. Cryptocurrency every day delivers new features «weakness» and was still not read...

Fun time: top 5 Board games about Bitcoin

Fun time: top 5 Board games about Bitcoin

is a real addiction. For those who have been following the stock market, has enough simple transactions, decentralization and the blockchain. That is why in the world a long time with great success buy Souvenirs related to the cr...

How to make money in a bear market? Master-class venture capital investor

How to make money in a bear market? Master-class venture capital investor

If you have forgotten again in 2018 was a period of «the collapse of the bubble» cryptocurrency. The assets of most investors decreased significantly during this time, the background correction . However, some still mana...

The future has arrived. Parents collect the child at the College in the form of Bitcoin donations

The future has arrived. Parents collect the child at the College in the form of Bitcoin donations

Despite the fact that the baby is only a week old, Isabella Bowles has already shown great promise. Born on 6 Jan child ever grow up, I will be able to go to College thanks to the efforts of parents, Violetta and Peter. And the fe...

Five of the best: reveal the most profitable altcoins last week

Five of the best: reveal the most profitable altcoins last week

2019 issued not the best start — most of the altcoins began to fall right from the first of January, and was unable to gain a foothold above $ 4,000. Another noticeable drain on 10 January, when the capitalization of the stock mar...

Bad start: the Ripple began to fall from the beginning of the week

Bad start: the Ripple began to fall from the beginning of the week

the New week started with a not particularly good news. On the background of the local adjustment of all of Aldon the stock market continues to decline and again recently broke a key support line. In the near future is not exclude...

Hodl it: how faith in Bitcoin brought cool x Tim Draper

Hodl it: how faith in Bitcoin brought cool x Tim Draper

Who believe in cryptocurrency? While comes to mind only «Holy Trinity» Mike Novogratz, the brothers Winklevoss and Tim Draper. These people have invested in digital assets, a huge amount of money, time and effort, theref...

Forecast the future: what will happen to the price of Ethereum this week?

Forecast the future: what will happen to the price of Ethereum this week?

looks Like about hard forks Constantinople have exhausted themselves — ends «fuel» for the growth and cryptocurrency is slowly returning under the control of bears. The graph of the coins looks very promising and suggest...

Bad sign: Google Ads refuses to advertise Ethereum

Bad sign: Google Ads refuses to advertise Ethereum

last week, the team cryptocarpa from Serbia noticed that their ads are not shown by Google in certain regions of the world. After a short trial the experts found out that the key word «» is banned in Google Ads and hidin...

Bitcoin fell to $ 3550, but will increase this week? Forecast charts

Bitcoin fell to $ 3550, but will increase this week? Forecast charts

the Price is once again faced with the uncertainty of the market situation. After a draining major cryptocurrency on Thursday, the asset was not able to recover above $ 4,000. Now all the attention of traders drawn to the line 355...

Miners Ethereum Classic get for 424 coins per block instead of 4 — what network? The long-awaited answer

Miners Ethereum Classic get for 424 coins per block instead of 4 — what network? The long-awaited answer

Today will be remembered for miners Classic for a long time. Instead of the usual 4 coins as a reward for a block, they received 109, 214, 424 and even 844 ETC — which is about $ 3560. The generosity network not a little pleased, ...

Bears are not a problem: crypto conferences continue to attract a capacity crowd

Bears are not a problem: crypto conferences continue to attract a capacity crowd

Most companies cut back marketing budgets. When the office is empty, and there is still a lot of work, wise leaders always redistribute financial flows from advertising directly on effective work. PR and events fades into the back...