$EOS EOS: The story of revival
EOS was thought to be in decline until a community takeover in 2022 breathed new life into the project, and its resurgence will come to life this year thanks to a series of major updates. Last September, the EOS network rolled out a game-changing update with the launch of Antelope Spring 1.0, which was based on a new consensus algorithm called Savanna that reduced transaction finality to less than one second. This upgrade makes EOS one of the fastest decentralized networks in the industry, which means faster transactions, greater scalability, and greater security.
With these changes, dApps built on EOS can now process transactions in real-time at ultra-low fees, and it already has a vibrant ecosystem. Some of its largest dApps include metaverse game Upland, fantasy game Wombat Dungeon Master, DeFi protocols such as Rhino.fi and AtomicAssets, and high-speed Dex, which have driven significant growth on its network.