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A comparison of EOS and other blockchains
A comparison of EOS and other blockchains

Exploring how EOS stacks up against other major blockchain platforms: Ethereum, Solana, and Polygon

Dario Cesaro avatar
Written by Dario Cesaro
Updated over a year ago

Blockchain is a way to store information in a particular order that cannot be changed. It is like a list of blocks where each block has some information in it. This list is shared among many people, and everyone can see it. This makes it transparent and trustworthy. Different projects on the internet use blockchain to store information, but some blockchains work faster, cost less, and use less energy than others.

In what ways does EOS stand out from other blockchain platforms?

EOS is a Layer 1 blockchain that uses the Antelope tech stack. It has some unique features that make it different from other blockchains.

  1. EOS is a blockchain with its version of the Ethereum Virtual Machine (EVM).

  2. EOS has a very fast transaction processing speed, with a theoretical TPS count of 17,000, making it one of the fastest L1 blockchains in the web3 ecosystem compared to other L1 chains like Ethereum, Polygon, and Solana.

  3. The transaction fee for end-users on the EOS blockchain is almost zero, while for power users, it is only 0.0001$, significantly lower than other blockchains with high transaction fees.

  4. Additionally, the transaction time to finality on EOS is approximately 3 minutes, which is faster than many other blockchains. EOS is currently working on implementing instant finality, which will further improve the transaction processing speed and reduce the transaction time. With instant finality, transactions will be confirmed and settled almost immediately, making the EOS blockchain even faster and more efficient.

  5. EOS is also considered an energy-efficient blockchain with a low energy consumption rate of around 0.001 Wh per transaction, making it a more eco-friendly option than many other L1 blockchains.
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    ​Overall, EOS offers fast transaction processing, low transaction fees, fast transaction times, and energy-efficient, making it a popular choice among users in the web3 ecosystem.

  1. By enabling seamless integration with other protocols, Trustless Cross-chain IBC is poised to take EOS's scalability to new heights, allowing it to achieve unlimited horizontal expansion.

  2. The Ethereum Virtual Machine (EVM) has broken records with an average of 814.25 swaps per second, a significant milestone compared to other blockchain networks.
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  3. EOS's blockchain stands out for its exceptional efficiency, as evidenced by its fast block speed of 0.5 seconds and low network latency of 2 seconds (Trust EVM has undergone a rebranding and is now known as EOS EVM). These metrics reflect the chain's superior performance and reliability compared to other blockchain networks.

We hope you found this comparison helpful. If you have further questions, please visit our Learning Center or contact our support chat at eossupport.io.

Author: Mudassar Ejaz

Editor: Randall Roland, Markus Hinrichs

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