EOS
The protocol for web scale.
Smart Contracts
Program intricate business rules into your dApp, attach a Ricardian contract to it’s usage and deploy it to the network using standard C/C++.
Decentralized
The EOS network is secured by 21 Block Producers and hundreds of standby nodes all over the world providing a high level of resilience.
Trustless & Secure
The EOS network is one of the fastest public blockchains in existence, with over 4000 transaction per second recorded at it’s peak.
Why EOS?
EOSIO software is a fundamentally new way of thinking about what a blockchain should and can be. EOS has made deliberate trade-offs to achieve this high throughput and the project is often looked down upon or misrepresented among the purists of the decentralized movement.
High Throughput
EOSIO software is a fundamentally new way of thinking about what a blockchain should and can be. EOS has made deliberate trade-offs to achieve this high throughput and the project is often looked down upon or misrepresented among the purists of the decentralized movement.
Account Permissions
EOS has an elegant account permissioning layer allowing users to delegate their stake and actions to a dApp or proxy while not relinquishing control of their account or funds.
Account Recovery
Because of the way accounts can be permissioned through the use of separate cryptographic keys, a means to recover the account can be devised by someone you designate in the event you lose your keys.
Governance
The ability for token holders to vote on things they would like to change about the protocol, and for this change to happen through a smart contract rather than a contentious fork, is an important evolution. EOS account holders who lose funds also have a means to recover them by filing arbitration orders.
Free Transactions
Because of the consensus mechanism Delegated Proof of Stake (DPOS), users are able to stake for resources and use the network for free rather than paying for transactions every time you do something.
Community
For a relatively new project, EOS has one of the most vibrant and supportive communities in the entire blockchain ecosystem.
The Enterprise Operating System.
EOSIO software represents an inflection pint in main stream adoption of blockchain technology. Architected by Dan Larimer and the team at Block One the EOSIO whitepaper introduced many cutting edge concepts previously not available in any other public blockchain.
48M
Transactions Per Day
31M
All Time Transactions
How Does It Work?
EOS is a public permissioned blockchain ― meaning you will need an account first in order to use EOS.
Someone who already has an account will have to issue you one.
1. Get an Address
The first thing you need to interact with the EOS blockchain and learn how it works is to get an EOS account. You can get one free here.
2. Buy EOS
Acquiring EOS with fiat can be tricky depending on your jurisdiction. We recommend buying it from a registered exchange or licensed vendor like BitGate.
3. Use dApps
Once you have an account and you’ve acquired some EOS you can start playing decentralized applications on the EOS network.
Who uses EOS?
Without a doubt EOS is one of the hottest new projects in the blockchain industry, and there is good reason behind all the hype. Many high profile dApps backed by the biggest names in venture capital are lining up to build on EOS.
“EOS is the first blockchain where commercial applications can be built and experimented with. Lots of people find that very appealing. EOS’s critics say it’s not decentralized enough and that’s a very fair debate, back and forth, that you can participate in. I believe that there will be markets for many different blockchains. We’ll see over the next three, perhaps four to five, years which blockchains that other projects want to build on and which ones consumers value and place their trust in.”
“It opens up so many doors when information is truly decentralized and offered in a protocol such as blockchain.”
“Now we’re using EOS, and we find it to work very well in our internal configuration… To date, the only software we’ve found that works is EOS.”
Frequently Asked Questions
Still have questions about EOS? We understand, there is a lot to learn when it comes to cryptocurrencies and blockchain, and especially EOS. Here is a list of some of the most commonly asked questions about EOS.
What is EOS?
EOS.IO is a blockchain protocol powered by the native cryptocurrency EOS. The protocol emulates most of the attributes of a real computer including hardware with the computing resources distributed equally among EOS cryptocurrency holders. Account holders can vote for block producers that they believe have the best interests of the network as well as referendum to make changes to the system.
Do people use EOS?
According to Blocktivity EOS is the most used blockchain on the planet, with many EOS dApps dwarfing all other blockchains by comparison. Because dApps built on EOS are able to provide such a good user experience, the users and dApps are growing rapidly on the EOS Mainnet.
Can I make money with EOS?
We cannot give investment advice, but can only speak to common sense. You should never invest in anything you do not fully understand and haven’t spent considerable time to research. EOS pricing can volatile and as with any digital asset that is volatile, there is opportunity for experienced investors.
Is Ethereum based on EOS?
No, EOS uses a completely different consensus mechanism than Ethereum, and is programmed using mainly C/C++. The code was developed by Block One and Object Computing as well as members from the EOSIO community.
What are the advantages of EOS?
The primary advantages of EOSIO software is high throughput and free transactions. You have to stake a certain amount of the EOS token to get access to resources on the network. Network resources are divided into three categories: CPU, NET and RAM. Each of these resources are needed to run an account or dApp depending on what you are trying to do on the network.
Why do people trust EOS?
Some of the greatest minds in computer science and venture capital have committed significant time and money into EOS and speak frequently about it’s potential. Companies like High Fidelity, Galaxy Digital, Andreessen Horowitz, Bitmain and many others have endorsed and supported the efforts of the EOSIO project.
Is EOS anonymous?
The short answer is, no. EOS transactions are publicly accessible as it is a public blockchain. Most registered exchanges require AML/KYC compliance. If you have already associated your wallet address with an identity on an exchange or similar service (like a credit card) all the transactions you execute are already traceable.
What’s the future of EOS?
EOS software is constantly evolving and improving, with things like the RAM Resource Exchange (REX) in the works as well as Inter-blockchain Communication (IBC) represent significant advancements just on the horizon.
Still have a question? Reach out to us here!
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