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RE: EOS vs. Ethereum for Dummies!

in #eos7 years ago

EOS = blockchain + bots
There’s not much technical information available currently. But EOS is not just about smart contracts + high scalability. It has a completely different design and vision compared to Ethereum. EOS uses Delegated Proof-of-Stake just like Graphene does.
It uses Network Bandwidth Allocation system to effectively share the blockchain.
It’s like time sharing. It’s like owning an instance on an Amazon web service that you can share
In EOS the human-readable source code (the “bot”) is uploaded directly to the blockchain. As we know, the Ethereum smart contracts are binary data instead.