EOS

Amazing team, vision and product.

Dan Larimer brings a lot of haters to the party but his vision of EOS is based on tons of practical experience building blockchains and apps that really works and are now processing the most transactions of any public blockchain per day, and being used by real people who know nothing about blockchains, cryptocurrency, or who "Satoshi Nakamoto" is. That in my books speaks volumes.

The have assembled a big pile of cash from previous ventures, they have created a monstorous year long ICO that is raising more piles of money. That is controversial and is once again adding to the haters.

However in spite of all that the team is building real software and early versions are processing 10,000 TPS on a single thread. This will scale up and out. It brings all the same benefits of STEEM with accounts with role specific keys. Sidechains. ZERO transaction fees. Waste-free dPOS (not PoW). Storage. Naming. Etc. etc.

I have to ding them on product a because it isn't all out there yet and contracts still have to be written in a pretty low level language (web assembly). But other languages are coming and they are ahead of schedule.

Ethereum may eventually achieve parity in many areas EOS is crushing it, but it will probably years away. In the mean time we will have a modern million TPS blockchain available this June. And haters be damned, EOS.IO have said they will give at least $1B of ICO funds back to bootstrap app development for it.

The feature that I liked is number of transactions per second. This feature will help increase the adaption.

I like the vision of this project and They are able to bring in a good team.

Team: CEO Brendan Blumer has been developing software to trade virtual assets for over 17 years, well before Bitcoin was invented. CTO Daniel Larimer also has 5 years experience in the blockchain industry. Their company block.one is the industry standard that all blockchain companies should aspire to.

Vision: EOS is envisioned as a platform to run smart contracts and decentralized apps just like Ethereum, but with a consensus algorithm that allows greater speed and scaleability than Ethereum. Not a completely original vision, but one which adds much-needed innovation and diversification to the emerging dapp industry, which is set to explode in popularity in the next few years.

Product: EOS is the paragon that all ICO blockchains should measure themselves against. The quality of a P2P network lies just as much in the network effects generated by the community as it does in the actual hardware and software. A year-long token sale was much longer than other ICOs, which allowed for a much longer and extensive marketing campaign which spanned the entire world, resulting in one of the most extensive and enthusiastic blockchain communities in existence.

EOS also ingeniously avoided all potential legal issues with a revolutionary Token Purchase Agreement which essential characterizes fund contributions as donations. It explicitly states that EOS tokens have no legally-recognized monetary value and are therefore not financial securities in any sense. The value of the tokens lies entirely in their cryptographic rarity and support from a decentralized network of autonomous peers.

In summary, EOS is by far the highest quality ICO every conducted on the Ethereum network, and they have raised almost as much funding as all other ICOs combined.