What is EOS Crypto Currency?A brief description of EOS.
The vision before us is a single global contracting blockchain that can scale up to handle a long-tail of businesses negotiating contracts for mutual advantage in a safe
and secure environment. An EOS blockchain is intended for highperformance messaging with business logic. Popular use cases will include supply chain, resource management, usermessaging such as social media, asset issuance and trading, accounting for remittances, and gaming. A typical use case might be Uber. Ride-sharing is based on setting standards of behaviour for the driver and for the passenger. If drivers and passengers were part of the same community, there would be an immediate benefit – the base of liability and standards of behaviour would be covered under community constitution and dispute resolution, and their contracts could be bilateral rather than intermediated, thus minimising any regulatory difficulties. Then, as the contracts can be bilateral, the business flow could be split up: tracking passengers in the market, tracking cars available, finding a match, negotiating a contract, performance, settlement, pricing, and social tracking could all be built as separate DApps that interact.
The purpose of EOS
Decentralized operating system, no transaction fees, Conditional Trustless transactions, Replace traditonal contracts between parties, Build Decentralized applications Trustless transactions between parties, Freedom of payments, Counterfeiting impossible, Fraud resistant, No single point of failure, free to hold
EOS.IO is software that introduces a blockchain architecture designed to enable vertical and horizontal scaling of decentralized applications (the “EOS.IO Software”). This is achieved through an operating system-like construct upon which applications can be built. The software provides accounts, authentication, databases, asynchronous communication and the scheduling of applications across multiple CPU cores and/or clusters. The resulting technology is a blockchain architecture that has the potential to scale to millions of transactions per second, eliminates user fees and allows for quick and easy deployment of decentralized applications.
More information can be found in the EOS whitepaper https://github.com/EOSIO/Documentation/blob/master/TechnicalWhitePaper.md
Other EOS facts
- Trading symbol: EOS
- Governance: Centralized > Hierarchical
- Open source: Yes
- Product status: Alpha version
- Consensus method: Delegated Proof of Stake
- Emmission rate: No new tokens created
- Transactions per second: Unfortunately we don’t have this data available.
- Total Supply: 1,000,000,000
- Release date: Unfortunately we don’t have this data available.
Usefull EOS links
- EOS’s Website
- EOS pricing data & fundamental EOS information
- EOS’s Website
- EOS official blog
- EOS’s Bitcointalk Forum
- EOS’s Reddit Forum
- EOS’s block explorer
- EOS’s Alexa site stats
- EOS’s official forum: Unfortunately we don’t have this data available.
- EOS’s Github code repository:
- EOS’s roadmap:
- EOS’s team page: http://www.block.one/
- EOS’s whitepaper: https://github.com/EOSIO/Documentation/blob/master/TechnicalWhitePaper.md