Scam

EOS

Coin NameEOS
Coin CodeEOS
Summery Description

EOS is not a blockchain. Whiteblock calls it a distributed homogeneous database management system, which means that their transactions are not cryptographically validated.
The tests also show EOS not to be a decentralized technology. “EOS block producers are highly centralized, and users can only access the network using block producers as intermediaries. Block producers are a single point of failure for the entire system.”
In addition, and perhaps as a result of the lack of decentralization, EOS is faced with a key security weakness. Whiteblock found EOS to be vulnerable to a Sybil attack, where fake identities can be used to subvert the system.

Linkhttps://eos.io/
CategoryScam
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Is EOS a Scam?

Disclaimer: EOS Cryptocurrency | EOS ICO
EOS is a cryptocurrency project that issued EOS tokens to its community. Scams in the cryptocurrency space take form in many ways, including exit scams or undedicated project developments.

Is EOS a Scam ICO?

Data on whether EOS conducted a scam ICO, a scam mining operation, or a scam masternode project is cited above from external sources and CoinCurb does not take responsibility for claims against EOS or in support of EOS. The data is only an aggregation of claims cited against EOS.
The above claims about EOS (ICO), EOS’s token, or EOS’s team are externally sourced. They may claim that:
– EOS did an ICO and then exit scammed
– EOS has an undedicated project development after the EOS ICO
– EOS token got pumped and dumped by the EOS team
– EOS is a dead project with a worthless EOS token

However, external claims about EOS project, EOS token, EOS team, or even EOS advisors may not be supported by accusers of EOS ecosystem and thus individuals seeking to learn more EOS team or about the EOS cryptocurrency are recommended to directly contact EOS team members or EOS token investors.
CoinCurb does not itself decide if a project is a scam and thus does not claim EOS is an exit scam or that EOS is any other type of scam, nor does CoinCurb insinuate that EOS (or EOS token) team are scammers or that EOS (or EOS token) advisors are scammers. CoinCurb allows viewers to reference sources related to EOS development, EOS token trading, and/or EOS team as an uncertain reference when deciding if EOS is a scam or EOS is not a scam.