🔥 Land A High Paying Web3 Job In 90 Days LEARN MORE

EOS blockchain app still not ready for launch; so how to kill Ethereum?

In this post:

EOS and Ethereum are two of the biggest smart contract platform. EOS was poised to be the one which will finish Ethereum when it came out with the idea of Voice, the EOS blockchain app. However, it still is a distant dream for EOS supporters. Although the app was set to release on the EOS mainnet, it looks like it can’t even accomodate the traffic it already has.

When EOS 2.0 was released, it was compared to the likes of Tron and Ethereum. But after spending hundreds of millions on the project, Block.one is still underconfident to release the beta version of the EOS blockchain app, Voice.

What is Voice- the EOS blockchain app?

Back in June last year, Block.one, the company responsible for EOS’s $4-billion initial coin offering, announced that ‘social media is due for major change’. With this, it announced it’s social networking app- Voice, challenging the likes of Facebook and other social networking apps.

Since then, EOS hasn’t been able to even process some transactions effectively and quickly. The network has been congested and the Voice will not be released on the EOS Mainnet. The EOS blockchain app will be released on a  ‘purpose-made EOSIO blockchain’.

While EOS mainnet is struggling, people are slowly losing their confidence. Even small decentralized apps (DApps) are having a hard time operating on the EOS platform. Earnbet, the world’s first decentralized casino app, made a public announcement that they are struggling to meet their demands on the EOS platform.

See also  MicroStrategy wins Bitcoin miners' approval for convertible note strategy

While some are very disappointed with Block.one’s latest move, some feel that launching Voice on EOSIO will be in the best interests of all the users and this could very well be the beginning of inter-blockchain communication (IBC).

Several developers were excited to launch their dApps on EOS mainnet but with the latest development, they have decided to stick to Ethereum. EOS might succeed in the future but comparing it with Ethereum at this moment is frivolous.

 

Featured image from Pixabay

A Step-By-Step System To Launching Your Web3 Career and Landing High-Paying Crypto Jobs in 90 Days.

Share link:

Disclaimer. The information provided is not trading advice. Cryptopolitan.com holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions.

Most read

Loading Most Read articles...

Stay on top of crypto news, get daily updates in your inbox

Editor's choice

Loading Editor's Choice articles...
Cryptopolitan
Subscribe to CryptoPolitan