EOS.IO: Difference between revisions
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Based on a [[white paper]] published in 2017, the EOS.IO platform is currently being developed by a private company, block.one, to be released as open-source software on June 1st, 2018.<ref>{{Cite news|url=https://github.com/EOSIO/Documentation/blob/master/TechnicalWhitePaper.md|title=EOS.IO Technical White Paper|last=|first=|date=2017-06-26|work=GitHub|access-date=2017-12-19|archive-url=|archive-date=|dead-url=|language=en-US}}</ref> The aim of the platform is to provide smart contract and decentralized storage enterprise solutions that solve the scalability issues of blockchains like [[bitcoin]] and [[ethereum]], as well as eliminating all fees for users. EOS.IO accomplishes this by being both multi-threaded (able to run on multiple computer cores) as well using delegated proof-of-stake for its consensus protocol.<ref>{{cite news|title=BlockShow Asia 2017 Begins, Opens With Big EOS Announcement|url=https://cointelegraph.com/news/blockshow-asia-2017-begins-opens-with-big-eos-announcement|agency=Cointelegraph|date=29 November 2017}}</ref> It aims to be the first decentralized [[operating system]] (EOS.IO) that provides a development environment for decentralized applications like [[Steemit]]. The native token, EOS, is a utility token that provides both bandwidth and storage on the blockchain, in proportion to total stake (owning 1% of EOS tokens allows for usage of up to 1% of the total available bandwidth). EOS tokens also allow the owner to cast votes and participate in the on-chain governance of the blockchain, again in proportion to the owner's stake. |
Based on a [[white paper]] published in 2017, the EOS.IO platform is currently being developed by a private company, block.one, to be released as open-source software on June 1st, 2018.<ref>{{Cite news|url=https://github.com/EOSIO/Documentation/blob/master/TechnicalWhitePaper.md|title=EOS.IO Technical White Paper|last=|first=|date=2017-06-26|work=GitHub|access-date=2017-12-19|archive-url=|archive-date=|dead-url=|language=en-US}}</ref> The aim of the platform is to provide smart contract and decentralized storage enterprise solutions that solve the scalability issues of blockchains like [[bitcoin]] and [[ethereum]], as well as eliminating all fees for users. EOS.IO accomplishes this by being both multi-threaded (able to run on multiple computer cores) as well using delegated proof-of-stake for its consensus protocol.<ref>{{cite news|title=BlockShow Asia 2017 Begins, Opens With Big EOS Announcement|url=https://cointelegraph.com/news/blockshow-asia-2017-begins-opens-with-big-eos-announcement|agency=Cointelegraph|date=29 November 2017}}</ref> It aims to be the first decentralized [[operating system]] (EOS.IO) that provides a development environment for decentralized applications like [[Steemit]]. The native token, EOS, is a utility token that provides both bandwidth and storage on the blockchain, in proportion to total stake (owning 1% of EOS tokens allows for usage of up to 1% of the total available bandwidth). EOS tokens also allow the owner to cast votes and participate in the on-chain governance of the blockchain, again in proportion to the owner's stake. |
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In order to ensure widespread distribution of the native token at the launch of the blockchain, one billion tokens are being distributed on the ethereum blockchain by block.one.<ref>{{Cite news|url=http://www.the-blockchain.com/2017/06/27/eos-blockchain-operating-system-unveils-year-long-token-distribution/|title=EOS Blockchain Operating System Unveils Year-Long Token Distribution|date=2017-06-27|work=Blockchain News|access-date=2017-12-19|language=en-US}}</ref> This will provide a distribution that anyone can use to launch the EOS blockchain once the software is released, while the CEO of block.one, Brendan Blumber, announced that block.one will support the EOS.IO blockchain with over one billion USD in funding from the token sale.<ref>{{Cite news|url=https://cryptovest.com/news/breaking-blockone-ceo-brendan-blumer-announces-1-billion-in-capital-for-eos-projects/|title=BREAKING: Block.one CEO Brendan Blumer Announces $1 Billion in Capital for EOS Projects - Cryptovest|date=2017-10-09|work=Cryptovest|access-date=2017-12-19|language=en-US}}</ref> |
In order to ensure widespread distribution of the native token at the launch of the blockchain, one billion tokens are being distributed on the ethereum blockchain by block.one.<ref>{{Cite news|url=http://www.the-blockchain.com/2017/06/27/eos-blockchain-operating-system-unveils-year-long-token-distribution/|title=EOS Blockchain Operating System Unveils Year-Long Token Distribution|date=2017-06-27|work=Blockchain News|access-date=2017-12-19|language=en-US}}</ref> This will provide a distribution that anyone can use to launch the EOS blockchain once the software is released, while the CEO of block.one, Brendan Blumber, announced that block.one will support the EOS.IO blockchain with over one billion USD in funding from the token sale.<ref>{{Cite news|url=https://cryptovest.com/news/breaking-blockone-ceo-brendan-blumer-announces-1-billion-in-capital-for-eos-projects/|title=BREAKING: Block.one CEO Brendan Blumer Announces $1 Billion in Capital for EOS Projects - Cryptovest|date=2017-10-09|work=Cryptovest|access-date=2017-12-19|language=en-US}}</ref> |
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On November 29, 2017, at BlockShow Asia Block.One revealed a publicly available testing environment called EOS.IO Single-Threaded Application Testnet (“EOS STAT”). Block.One revealed a publicly available testing environment called EOS.IO Single-Threaded Application Testnet (“EOS STAT”).<ref>{{cite news|title=BlockShow Asia 2017 Begins, Opens With Big EOS Announcement|url=https://cointelegraph.com/news/blockshow-asia-2017-begins-opens-with-big-eos-announcement|agency=Cointelegraph|date=29 November 2017}}</ref> |
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==Block.one== |
==Block.one== |
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Revision as of 06:48, 15 January 2018
| Company type | Private |
|---|---|
| Industry | Block chain |
Area served | Global |
Key people | Brendan Blumer (CEO), Dan Larimer (CTO) |
| Products | Decentralized applications |
| Parent | Block.one |
| Website | eos |
EOS.IO is a blockchain that operates as a smart contract platform for the deployment of decentralized applications and decentralized autonomous corporations.[1]
History
Based on a white paper published in 2017, the EOS.IO platform is currently being developed by a private company, block.one, to be released as open-source software on June 1st, 2018.[2] The aim of the platform is to provide smart contract and decentralized storage enterprise solutions that solve the scalability issues of blockchains like bitcoin and ethereum, as well as eliminating all fees for users. EOS.IO accomplishes this by being both multi-threaded (able to run on multiple computer cores) as well using delegated proof-of-stake for its consensus protocol.[3] It aims to be the first decentralized operating system (EOS.IO) that provides a development environment for decentralized applications like Steemit. The native token, EOS, is a utility token that provides both bandwidth and storage on the blockchain, in proportion to total stake (owning 1% of EOS tokens allows for usage of up to 1% of the total available bandwidth). EOS tokens also allow the owner to cast votes and participate in the on-chain governance of the blockchain, again in proportion to the owner's stake.
In order to ensure widespread distribution of the native token at the launch of the blockchain, one billion tokens are being distributed on the ethereum blockchain by block.one.[4] This will provide a distribution that anyone can use to launch the EOS blockchain once the software is released, while the CEO of block.one, Brendan Blumber, announced that block.one will support the EOS.IO blockchain with over one billion USD in funding from the token sale.[5]
On November 29, 2017, at BlockShow Asia Block.One revealed a publicly available testing environment called EOS.IO Single-Threaded Application Testnet (“EOS STAT”). Block.One revealed a publicly available testing environment called EOS.IO Single-Threaded Application Testnet (“EOS STAT”).[6]
Block.one
Block.one is a company registered in the Cayman Islands, which begun offering EOS tokens in June 2017 to the public, raising over $700 million.[7] Daniel Larimer is CTO of block.one, notable for his role in building Bitshares, a decentralized exchange, building Steemit, a decentralized social media platform, and also developing delegated proof-of-stake and proposing the idea of a decentralized autonomous corporation.[8]
See also
References
- ^ "EOS: Unpacking the Big Promises Behind a Possible Blockchain Contender - CoinDesk". CoinDesk. 2017-06-25. Retrieved 2017-12-19.
- ^ "EOS.IO Technical White Paper". GitHub. 2017-06-26. Retrieved 2017-12-19.
{{cite news}}: Cite has empty unknown parameter:|dead-url=(help) - ^ "BlockShow Asia 2017 Begins, Opens With Big EOS Announcement". Cointelegraph. 29 November 2017.
- ^ "EOS Blockchain Operating System Unveils Year-Long Token Distribution". Blockchain News. 2017-06-27. Retrieved 2017-12-19.
- ^ "BREAKING: Block.one CEO Brendan Blumer Announces $1 Billion in Capital for EOS Projects - Cryptovest". Cryptovest. 2017-10-09. Retrieved 2017-12-19.
- ^ "BlockShow Asia 2017 Begins, Opens With Big EOS Announcement". Cointelegraph. 29 November 2017.
- ^ "The most mind-blowing cryptocurrency ICO of all time is going on right now". Business Insider.
- ^ "DAN LARIMER: Visionary Programmer of BitShares, Steem and EOS". Hacker Noon. 2017-06-11. Retrieved 2017-12-19.