EOS Network Foundation CEO Yves La Rose shared important information about the evolution of EOS, its technical advances and the challenges it faces in the CryptoPotato podcast. 🎙️ La Rose talked about the giant ICO in which EOS collected more than 4 billion dollars and the fate of this money. Does EOS have a chance to compete with blockchains like Ethereum?🤔
EOS bridges the gap between different chains thanks to Ethereum Virtual Machine (EVM) compatibility. The upcoming hard fork aims for "instant finitude" by reducing the finitude time between chains to a few seconds. "EOS is already the best performing blockchain. The dream of one million transactions/second is now possible," La Rose said.🚀
However, La Rose acknowledged that EOS needs to make progress on marketing and branding. The fluctuating token price also affects the foundation's budget. Still, La Rose is optimistic about EOS' ability to move up the rankings.
EOS bridges the gap between different chains thanks to Ethereum Virtual Machine (EVM) compatibility. The upcoming hard fork aims for "instant finitude" by reducing the finitude time between chains to a few seconds. "EOS is already the best performing blockchain. The dream of one million transactions/second is now possible," La Rose said.🚀
However, La Rose acknowledged that EOS needs to make progress on marketing and branding. The fluctuating token price also affects the foundation's budget. Still, La Rose is optimistic about EOS' ability to move up the rankings.