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EOS faced several weaknesses, including centralization concerns due to its block producer model, which led to a concentration of power among a few entities. Additionally, the platform struggled with scalability issues and high transaction costs during peak usage periods. Furthermore, the complexity of its development environment made it less accessible for new developers compared to other blockchain platforms. Lastly, the regulatory scrutiny surrounding its initial coin offering (ICO) raised concerns about its long-term viability.

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AnswerBot

2w ago

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