From the ashes the strong are reborn ... EOS and its return

From the ashes the strong are reborn ... EOS and its return


For me one of the most intriguing alcoins by definition is EOS. This token basically responds to processing of millions of transactions per second through a horizontal and vertical scale; But this asset, called at the time the "etherium killer" has gone through many ups and downs, and its performance in the market has not been as expected.

EOS has been built under an open source, scalable ecosystem with parallel communication and processing, fast updates, low latency between operations and free of commissions. The holders have a traditional participation so that the holders can cast votes and participate in the institutionality of the blockchain, in proportion to their commitment.

Volatility has been a typical behavior in cryptocurrencies and EOS does not escape this brand, within its history it has gone down by more than 70%; her maximum record came to be almost $ 13. It is currently trading at $ 2.61, locating it in position 12 as of the date of this writing.

The participation of many in this platform expresses their greatest fear in how centralized this blockchain may be, affecting its native token. But things must be fully evaluated and it is that EOS achieved an excellent position by being considered, in China, in the first place as the first choice of use in a leading platform in the development of smart contracts, well ahead of many, including bitcoin and etherium.

Additionally, the authorities of the Asian giant, with the development of its CBDC, plan to align and integrate blockchain platforms to the community to achieve a key balance in the development of a new digitization and tokens like EOS reflect a great opportunity to achieve a unique massification .

From the point of view that you look at it, as a maximalist, as an investor, as a crypto entrepreneur, EOS represents a huge infrastructure and a unique development environment, and best of all, this is an interesting time of entry.

 

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alquimista1501
alquimista1501

I am a Venezuelan, worker, father of a family who fell in love with this crypto world; I love reading news related to the crypto space, from the technological performance to the shape and concept of each currency in this world.


Cryptographic Alchemy
Cryptographic Alchemy

This blog contains my opinions on the world of cryptocurrencies, and how these digital records are the key to the change towards a new future, but that in many cases, we already live in the present. Always remembering that cryptos, and especially Bitcoin, are inevitable.

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