The EOS ecosystem is on track for its main release in June, and the next step was made, a pre-release of the EOSIO ecosystem. The DAWN 3.0 release has all the functionalities of the upcoming main ecosystem, and is open for testing.
“This pre-release represents a major milestone on the road to EOSIO 1.0 targeted for release in June 2018. Our world wide team of developers have been working around the clock to make EOSIO the most powerful platform for building blockchain applications. It has been four months since we released EOSIO Dawn 2.0 and we have a lot to show for it,” wrote EOS founder Daniel Larimer.
At the same time, the ERC-20 token that is traded keeps commanding a reasonably high price. EOS grew by more than 9% overnight to $6.21, with trading slowly picking up to create a climbing trend.
The EOS ecosystem is extremely complex, and issues of governance are still a work in progress. The biggest challenge for the system is scalability, and the capability of performing light, yet secure transactions. EOS promises to create an entire decentralized ecosystem, which would perform with adequate speed compared to regular software.
When it comes to EOS market price and prominence, more claims have been made that EOS is the “Ethereum killer”, an ecosystem that would carry the new crop of distributed apps. Some believe EOS would get ahead of Ethereum in terms of market price, as well as influence. This would also mean that EOS could, in theory, displace similar platforms that repeat the Ethereum model, such as NEO, Stellar, QTUM, TRON, VeChain, and others. Yet in the competition of systems, there is still no clear leader, and Ethereum remains a measuring stick for achievement.
The EOS ecosystem would be left to the community in the future, once the code was in place and the rules of governance were created. However, at the moment, speculative buying may continue, as well as potential over-inflation of the market price.
This article appeared first on Cryptovest
