The Bullish Case for EOS’s yearlong ICO for EOS raised over four billion USD in 2018. It was one of the biggest ICOs in history and EOS became the talk of the blockchain world. EOS targeted to remove major flaws of the Ethereum blockchain and it was touted as the Ethereum Killer. The mainnet was launched successfully in June 2018. The efficient DPOS network and fast TPS attracted a lot of users to EOS and it really surprised everyone with its better facilities. The developer community also grew rapidly and worked with great zeal to integrate the platform with the rest of the world. EOS had serious backers and it provided an improved way to create decentralized applications. Yet, it failed to kill Ethereum.

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