Cryptocurrency Q&A
What is the weakness of EOS?
What is the weakness of EOS?
GliderPulse
Mon May 27 2024
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7 answers
1267
Could you please elaborate on the weaknesses of EOS? I've heard some concerns regarding its scalability, governance structure, and centralization tendencies. Could you provide more insight into these issues? Additionally, are there any other notable vulnerabilities or challenges associated with EOS that investors and users should be aware of? It would be helpful to understand these weaknesses in order to make informed decisions about this cryptocurrency.
7 answers
MysticRainbow
Wed May 29 2024
EOS, despite its many innovations, faces a significant disadvantage in its level of decentralization.
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Martina
Wed May 29 2024
While EOS allows for permissionless node participation, its block production is restricted to a limited and foreseeable set of nodes.
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BitcoinBaroness
Wed May 29 2024
This approach differs from Bitcoin, where block production is more decentralized and open to a wider range of participants.
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Lucia
Wed May 29 2024
EOS's design decision to limit block production was made to optimize throughput and scalability.
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WhisperVoyager
Tue May 28 2024
However, this comes at the cost of decentralization, which is a core principle of many cryptocurrencies.
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