About EOS

The EOS.IO software introduces a new blockchain architecture that is designed to enable vertical and horizontal scaling of decentralized applications based on “smart contracts”.

EOS is built on the Graphene blockchain operating system combined with a DPos or Delegated Proof or Stake algorithm, where the authentication, databases, asynchronous communication and the planning of applications run across many delegated CPU clusters or “nodes”. This results in a very fast network that does not require a disproportionate computing power. As a result, the EOS blockhain platform can process both smart contracts and transactions in parallel.

This blockchain architecture makes it possible to increase the scalability to millions of transactions per second, so that the transaction fees can be eliminated.At present, however, EOS is still an ICO (Initial Coin Offering) and people are eagerly awaiting the implementation of the technology. One expects the necessary successes which Ethereum, because of his inertia, could be compromised as both blockchain applications have the same purpose.

EOS was developed by Dan Larimer from Bitshares and Steemit.

Geo Heatmap

Visualisation EOS against world fiat currencies.

Technical information

Start Date 26 June 2017 Whitepaper Whitepaper
Hashing Algorithm dPoS Blockchain / Supply https://etherscan.io/token/0x86fa049857e0209aa7d9e616f7eb3b3b78ecfdb0
Hash Rate N/A Discussion Forum https://eosforum.org/
Block Time N/A Availability 954 Million
Homepage https://eos.io/ Total Supply 1 Billion

Technical Analysis (4H)

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