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.
Visualisation EOS against world fiat currencies.
|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|