Will the EOS surpass the Ethereum?

I have not paid attention to the current situation of EOS for some time. Then I suddenly found out that EOS is slowly over ETH. Maybe after the end of the bear market, EOS really has a chance to surpass ETH.

1. The stopping Ethereum
   Since the birth of Ethereum in 2015, it has been the boss of the public chain for a long time. Many blockchains are similar in structure to Ethereum. Even the ideas and structures of some alliance chains can’t escape the similarities with Ethereum. Especially in the first half of this year, the profit of Ethereum is even more dazzling.

However, the development speed of Ethereum is too slow, and its technology development speed is far from the current high valuation, and it cannot keep up with the development speed of the entire cryptocurrency.

WHY?

How long has Ethereum been not proposing new features and transformations, and its sharding has been in place since 2017 and has been completed for more than a year. At the same time, the promotion of PoS is also very slow. One of the most important reasons is that there is no potential competitor to make it vigilant, and the high valuation makes early developers gain huge benefits without further motivation.

Why do I think EOS has an opportunity to replace ETH. Because what ETH coin can do, EOS can also do, and EOS can do better.

Take DAPP, although EOS needs to use C++ such a troublesome language for smart contract development, development efficiency, ecology and so on are much higher than Solidity, which is an anti-human language. It can be said that using Solidity to write a good DAPP on Ethereum takes at least twice as much time and effort as EOS.

EOS has voted from the main net in June to the present, and in just three months, it has already surpassed ETH in DAPP users and transaction volume. Will everyone be surprised and amazed?

The ecology of EOS is better than ETH, and it is only a matter of time before EOS surpass ETH. But to be honest, this speed is far beyond our imagination. I thought it would take at least half a year, and I didn’t image it already complete the goal in three months.

1. the ETH price keep falling
   In this wave of the plunge, BTC price just fell to 1/3 of the highest point, is a very normal range, and ETH fell to the original 1 / 7, compared to BTC has fallen by half. And EOS, compared to the bull market fell to a quarter or so, and the BTC decline is not much different.

Roughly calculated, the total amount of EOS tokens is about ten times that of ETH, that is, calculated according to the current EOS price of 0.025 ETH. The market value of EOS has reached 1/4 of ETH, and in the first half of this year, the market value of EOS is only 1/10 of ETH. So, EOS is slowly surpassing ETH.

1. Will it be a new trend through EOS crowdfunding?
   Why is the ETH price falling so much? One of the most important reasons is that many project parties are selling in large quantities. Don’t look at it now that ETH looks like it will rise back to around $300 and will definitely fall again.

It can be said that there is a large amount of ETH in the hands of the project. If these ETHs are sold together, it is quite possible that the price of ETH falls below $100. Of course, the current price is already very low. The project parties that wanted to sell it have already sold almost, but if the whole market is in a bear market for a long time, it does not rule out panic selling.

But this is not the most critical. The most important thing is that in the beginning, everyone used ETH as the token for crowdfunding. In addition to convenience, there is another important reason for hoping to join the ETH ecosystem and the ERC20 system. But if EOS’s ecology is better than ETH, will the project use EOS coin for crowdfunding?

In fact, this is not an alarmist. There are already many projects considering EOS for crowdfunding. On the one hand, EOS is more stable than ETH. On the other hand, the huge potential of EOS itself is worth investing.