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EOS (EOS) Marks Record in Blockchain Activity

Published 04/22/2019, 08:59 AM
Updated 04/22/2019, 10:21 AM
© Reuters.   EOS (EOS) Marks Record in Blockchain Activity
EOS/USD
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The EOS (EOS) ecosystem shows the capacity to carry huge volumes of daily transaction count. Based on Blocktivity data, the EOS network improved its own record of more than 48 million transactions per day, up to 87.2 million transactions.

However, the EOS network has met with skepticism in the past regarding the quality of this volume. In general, systems with delegated proof-of-stake could set up a mechanism for approving multiple transactions between two servers. In the past, the BitShares network has done this. Additionally, the WAX network, also built on a principle similar to EOS, boasts extremely high volumes, though claiming the activity is organic, based on a lively marketplace for virtual goods.

In the past, the EOS network has c...

This article appeared first on Cryptovest

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