Difference between revisions of "EOS"
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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] and not by a community. |
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 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. | ||
Latest revision as of 09:45, 14 June 2021
EOS is the crypto-currency for the EOSIO blockchain. It is developed by block.one and not by a community.
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.