Difference between revisions of "EOS"
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(Created page with "EOS is the crypto-currency for the [https://eos.io/ EOSIO] blockchain. It is developed by [https://b1.com/ block.one]. The focuses is on high performance and scalability and...") |
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EOS is the crypto-currency for the [https://eos.io/ EOSIO] blockchain. It is developed by [https://b1.com/ block.one]. | EOS is the crypto-currency for the [https://eos.io/ EOSIO] blockchain. It is developed by [https://b1.com/ block.one]. | ||
| − | The | + | The focus is on high performance and scalability and it is free to use. You just need to own enough of the EOS coin[https://en.wikipedia.org/w/index.php?title=EOS_(coin)] related to the amount of resources needed by your application/contract. |
The purpose is to accommodate [[smart contracts]] and [[distributed applications]]. | The purpose is to accommodate [[smart contracts]] and [[distributed applications]]. | ||
| − | Delegated [[Proof of Stake]] is the consensus algorithm. | + | Delegated [[Proof of Stake]] is the consensus algorithm. Validation is done by only 21 nodes. |
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Revision as of 12:47, 7 June 2021
EOS is the crypto-currency for the EOSIO blockchain. It is developed by block.one.
The focus is on high performance and scalability and it is free to use. You just need to own enough of the EOS coin[1] related to the amount of resources needed by your application/contract.
The purpose is to accommodate smart contracts and distributed applications.
Delegated Proof of Stake is the consensus algorithm. Validation is done by only 21 nodes.