Does the market have room for two thriving DApp platforms? Ethereum and EOS represent two distinct approaches to carrying out smart contracts and supporting more than 1,500 DApps.

Ethereum holds an advantage as the first native DApp platform, but EOS is proposing a much faster consensus model. Is there going to be one clear winner and loser, or does the marketplace have room to support both platforms thanks to their different strengths? There’s reason to believe both platforms can be successful; however, both have their work cut out for them.

DApps coming to EOS, image by Raleigh Felton and EOSTribe

A Brief Comparison

Ethereum has already established itself as the most popular DApp platform, attracting massive amounts of developers thanks to its support for an easy-to-use programming language, Solidity, as well as a bevy of ICOs with ERC-20 tokens. It also boasts the most functional use cases of any crypto project in history, with more DApps coming to its mainnet each week.

EOS, meanwhile, held the largest ICO to date (US$4 billion) to support its development. The promises for its launch this weekend are substantial, and many are predicting everything that could go wrong. EOS plans to offer fee-less transactions and fast consensus right out of the gate, making it a tempting alternative if it can follow through.