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Blockchain Projects to Switch to EOS?

Why would Dapp developers continue to build smart contracts on blockchains that have yet to scale, waiting for Ethereum 2.0, IOTA or Cardano etc. to have more usefulness after EOS just proved it can do 87 million actions in one day?

transactions per second

EOS is currently far ahead when it comes to blockchain activity today.

Some comparisons:

Blockchain (Record actions/day) = Record actions/second
EOS (87,240,496) = 1009

TRX (4,333,766) = 50
ETH (1,372,918) = 15
BTC (1,001,683) = 11

Blockchain Activity Matrix

There are 86,400 seconds per day.

The bottom line: Why would any blockchain project continue to use Ethereum (ETH) or any other blockchain after EOS just did 1000 transactions per second? I would expect to see a massive amount of projects announcing their switch to EOS.io in the near future.


Disclaimer: This post is for informational and entertainment purposes only— it is not financial advice or is in anyway intended to provide any financial recommendation.

“Green-Eco-EV News Reporting by Ken Burridge”

kenneth green burridge

Independent journalist, blockchain and sustainability activist, EV of the Year Judge, photographer, and author that has published over 1000 articles. Mr Burridge’s travels have taken him to over 40 countries and 300+ major cities. He is originally from the USA, but has been residing in Australia for the last eight years. Connect to Ken Burridge on: Twitter, steemitfacebook, minds, Linked in, or website