For the first time EOS blockchain surpassed Ethereum, its major rival, for the amount of transactions handled within 24-hour period. New record is 727,334 transactions com-pared to 680,000 ETH transactions. The best part of it that money transfers used less than 1% of EOS blockchain processing power. At the same moment Ethereum network is overloaded and over 10k transactions are waiting for approval. Max productivity of ETH blockchain is 570,000 transactions for 24 hours. Some experts say that EOS will slowly kill Ethereum. However, crypto industry keep de-veloping and Ethereum are going to upgrade its blockchain and add 3 new consensus protocols soon. Cryptocurrency experts state that Ethereum will remain in the superior position over EOS if it improves network productivity. However, putting new protocols into practice is a very long and complicated process and might require major financing which is going to be used by EOS. |
