Fun Fact: The creator of EOS is the also the co-creator of Steemit and BitShares as well!
EOS will be a platform to support decentralized apps that will make it much easier for developers to create these apps.
So why are so many people speculating it to be the "Ethereum killer"?
Simply, EOS is way simpler for apps with readable code unlike ETH where the app is coded followed by being put into machine code and then run on Ethereum network.Whats new?
1- No need for smart contracts to interact with the platform.
2- Users will no longer need to pay money to interact
3- Never done before, but the token sale will last a full year rather than a few hours
4- 30,000 transactions per second per chain - now thats fast
Since, there are so many new upgrades coming with EOS, I also linked the EOS White Paper at the end of this post if you'd like to take a look at it and get a more detailed picture of everything.
Follow @eosio for more information about the platform !
But, what's keeping Ethereum from adopting concepts from EOS and eventually becoming what EOS is trying to? Let me know what you think, down in the comments below.
For more details on contributing to the EOS Token Sale, check out:
References:
https://steemit.com/eos/@trogdor/the-eos-ico-for-dummies
https://steemit.com/eos/@eosio/eos-io-technical-white-paper
https://eos.io/information
