In today’s Video Briefing, Kiana takes a look at one of 2018’s hottest offerings. EOS made headlines around the world with a year-long token sale, which raised about $4 bn. The project was widely dubbed an “Ethereum Killer,” promising thousands of transactions per second for zero fees. As Ethereum was still struggling to scale even minimal dApps, EOS’ delegated-Proof-of-Stake consensus model seemed to promise all the answers to the problems of decentralization.
But could that promise be kept? Kiana takes a look at some of the problems EOS has struggled with, from the mainnet launch to organizational politics. There may also be some regulatory issues, as Charles Hoskinson suggested earlier this week. That might not be enough to stop the $4bn Ethereum killer, but it could slow it down.