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BitMEX Report on EOS: It’s Not Really a Blockchain

Posted: Mon Nov 19, 2018 1:52 pm
by kreslik.news

BitMEX, a Bitcoin/dollar derivatives market based in the Seychelles, has released a detailed report on EOS. The results were not great – BitMEX concluded that EOS would need to be significantly redesigned if it is ever to function as the world computerthat it wants to be.

$4 billion 

As Finance Magnates has covered in the past, EOS has many features which contradict its claim of being democratic and decentralised. The main issue is that transactions on the network are all validated by only 21 nodes.

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