Published: 08 May 2018 › Updated: 08 May 2018
What is EOS? Explained !!!
EOS is a blockchain platform for development of decentralized applications DAP’s.
Hi everyone I am Khalid and today I am talk about EOS.
EOS is a blockchain based decentralized operating system designed to support commercial scale. Decentralized applications by providing all the necessary core functionalities enabling businesses to build blockchain applications in a way.
Similar to web-based applications the project is headed by blockchain. VIPs 20% of the EOS token supply was sold for 185 million dollars to promise.
Features of EOS have really caught everyone's attention though elimination of transaction fee and scalability. High transaction cost and that through port re theorems critical weaknesses. So these features make you a serious contender for the title of go-to blocked in development solution. The EOS also introduces the ability of fixed bug and roll back changes with supermajority consensus.
Rather than requiring a heart fork this is due to eos using delegate proof of stake. Wherever multiple witness nodes are nominated by networks. Our representative to makes certain high-level decisions more quickly without polling the entire network. Although this makes the blockchain somewhat less that decentralized it contributes to the ability of mainstream enterprises to adopt and interact with blockchain technology that's it for today.
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