Whiteblock, a company that reviews blockchains, announced on Thursday that it had carried out an independent benchmark testing of EOS. The results reveal that the EOS software can support a much lower transaction throughput than advertised and the system is not even a blockchain in the full sense of the term but rather a “distributed homogeneous database management system.” The authors concluded that EOS was not a blockchain given that its transactions are not validated based on the use of cryptography.

The study was led by Brent Xu, project lead at New York-based blockchain developer ConsenSys. The EOS testing was publicly requested by a group of enterprise entities through the Bounties Network, a platform enabling users to incentivize and self-organize.

Testing blockchain became relevant after the community found that many companies exaggerate their figures related to scalability potential and transactions per second. Such blockchain firms don’t independently check these parameters, thus misleading enterprise users, dApp developers, and even government agencies that are searching for the optimum blockchain solution.

For the EOS testing project, Whiteblock was picked after successfully developing a replica of the EOS network that could be applied to verify t…

This article appeared first on Cryptovest

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