EOS (EOS) vs Monero (XMR) Comparison

EOS is an innovational blockchain-based ecosystem promoted as an alternative to Ethereum due to a similar set of features. It was founded in 2017 by a company block.one. EOS is a platform for hosting of decentralized applications which provides developers with a rich choice of functions and services. The platform uses a native token of the same name, EOS. EOS is aimed at the total removal of the transaction fees and limitless network capacity reaching millions of transactions per second. At the same time, there is still much work to do. The governance model of this platform is quite unusual. Instead of anonymity, EOS relies on the popularity and responsibility of elected independent block producers. The protocol is known as delegated-proof-of-stake.

Monero is the most significant privacy-focused cryptocurrency on the market. It was created in 2014. The main feature of Monero is mixing of transactions in the blockchain. Third parties can't see amounts of money sent in transactions and addresses participating in operations, so all payments are untraceable. The developers are keeping it ASIC-resistant. It saves this network from centralization and gives an opportunity for GPU owners to earn something from mining Monero. Despite its lack of serious marketing campaign Monero has gained a strong following on different forums and social media platforms. In 2016 the price of Monero began to grow. Nowadays this currency is one of the top 15 cryptocurrencies by its market cap.