When I hear about **EOS**, I immediately think of a revolutionary and giant project in the blockchain world, but despite high expectations, it seems that EOS did not achieve everything that traders and investors hoped for. Imagine having a system that promises incredible transaction speeds and almost zero fees, as if it were the awaited hope to compete with a giant like Ethereum! This is exactly what was promoted when EOS was launched.
I remember that its launch was amazing, and the developer company *Block.one* raised about $4 billion from the initial offering, an unprecedented record. Instead of relying on proof of work like Bitcoin, EOS relied on the Delegated Proof of Stake (DPoS) system, which was promoted as an innovation that helps reduce energy consumption and speed up network performance.
But did EOS actually deliver on its promises? The truth is that there were many challenges. Despite all this huge funding, the project faced technical and regulatory challenges that hindered its progress, in addition to disagreements between the EOS team, the community, and investors who felt that the vision was unclear. So much so that some have started to wonder: Is it a technical failure? Or is it just a matter of mismanagement?
EOS still has a place in the market; the project is not dead, and they have shown real intentions to try to improve the network and move it forward. Today, I watch EOS with caution. $EOS