Ethereum is a decentralized platform that runs smart contracts: applications that run exactly as programmed without any possibility of downtime, censorship, fraud or third-party interference.
These apps run on a custom built blockchain, an enormously powerful shared global infrastructure that can move value around and represent the ownership of property.
This enables developers to create markets, store registries of debts or promises, move funds in accordance with instructions given long in the past (like a will or a futures contract) and many other things that have not been invented yet, all without a middleman or counterparty risk.
The project was bootstrapped via an ether presale in August 2014 by fans all around the world. It is developed by the Ethereum Foundation, a Swiss non-profit, with contributions from great minds across the globe.
https://www.ethereum.org/EOS is a blockchain platform for the development of decentralized applications (dapps), similar to Ethereum in function. It makes dapp development easy by providing an operating-system-like set of services and functions that dapps can make use of.
The idea behind EOS is to bring together the best features and promises of the various smart contract technologies out there (e.g. security of Bitcoin, computing support of Ethereum) in one simple to use, massively scalable dapplication platform for the everyday user to empower the impending blockchain economy.
https://coincentral.com/what-is-eos/I have bumped into an article saying that EOS is the Etherium killer. I know this sounds intriguing and vague but with EOS technology I think its more developed than Etherium and is more promising to create more developed and awesome applications.
EOS = blockchain + bots
There’s not much technical information available currently. But EOS is not just about smart contracts + high scalability. It has a completely different design and vision compared to Ethereum.
EOS uses Delegated Proof-of-Stake just like Graphene does.
It uses Network Bandwidth Allocation system to effectively share the blockchain.
https://medium.com/chain-cloud-company-blog/is-eos-the-ethereum-killer-ad24277d8c9cWhat are your thoughts on this? Will EOS surpass Eth 2 years from now?