What is digital currency EOS

1.

EOS can be understood as enterprise operation system, which is a blockchain operating system designed for commercial distributed applications. EOS is a new blockchain architecture, which aims to extend the performance of distributed applications

blockchain originated from bitcoin. On November 1, 2008, a person who called himself Satoshi Nakamoto published the article "bitcoin: a peer-to-peer e-cash system", which elaborated the architecture concept of e-cash system based on P2P network technology, encryption technology, timestamp technology, blockchain technology, etc., marking the birth of bitcoin

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the main features of EOS are as follows:

1, decentralization. Blockchain technology does not rely on additional third-party management institutions or hardware facilities, and there is no central control. In addition to the self-contained blockchain itself, each node realizes information self verification, transmission and management through distributed accounting and storage. Decentralization is the most prominent and essential feature of blockchain

2. Openness. Blockchain technology is based on open source. In addition to the private information of all parties involved in the transaction is encrypted, the data of blockchain is open to everyone. Anyone can query blockchain data and develop related applications through the open interface, so the information of the whole system is highly transparent

3. Independence. Based on consensus specifications and Protocols (similar to various mathematical algorithms such as hash algorithm used by bitcoin), the whole blockchain system does not rely on other third parties, and all nodes can automatically and safely verify and exchange data in the system without any human intervention

source: Network - EOS

2.

EOS: EOS can be understood as enterprise operation system, which is a blockchain operating system designed for commercial distributed applications. EOS is a new blockchain architecture introced by EOS software, which aims to realize the performance expansion of distributed applications. Note that it is not a currency like bitcoin and Ethereum, but a token based on the EOS software project, known as blockchain 3.0

The main features of

EOS are as follows:

1. EOS is a bit similar to Microsoft's windows platform. By creating a developer friendly underlying platform of blockchain, it supports multiple applications to run at the same time and provides the underlying template for the development of DAPP

EOS solves the problems of delay and data throughput by means of parallel chain and dpos. EOS can process thousands of data per second, while bitcoin has about 7 transactions per second, and Ethereum has 30-40 transactions per second

There is no service charge for EOS, and the general audience is more extensive. The network and computing resources needed to develop DAPP on EOS are allocated according to the proportion of EOS owned by developers. When you have EOS, it is equivalent to having computer resources. With the development of DAPP, you can lease your EOS to others. From this point alone, EOS has a wide range of value. To put it simply, if you have an EOS, it is equivalent to having a set of rent to collect rent for others, or having a piece of land to rent for others to build a house. Digital currency exchange "currency exchange"

development prospects

through a more in-depth understanding of EOS, EOS is quite valuable for investment. First of all, as the first to launch smart contracts, ETH runs smart contracts on eth, which is not free and depends on your gas. If gas runs out, the contract will stop. According to people who have used eth trading platform, it runs slowly and is very expensive, However, there is no such problem in EOS. The operation contract on EOS depends on the number of EOS you have. The more EOS you have, the more you can rent. With the continuous development, the more expensive the price will be; Secondly, it's very simple to develop DAPP on EOS, and you don't need to write many moles, because EOS itself builds the bottom mole for developers, which provides a platform and greatly reces the threshold of development; Thirdly, as an ordinary investor, owning EOS is equivalent to owning real estate, which can be used to rent and earn money. With the development of DAPP, the number of users increases, and the price increases irresistibly

3. Hello, it's called EOS token. It's based on Ethereum token
EOS coin
EOS (Chinese Name: EOS, English Name: EOS, abbreviation: EOS) is a token based on Ethereum released for eos.io blockchain system. Blockone is a new blockchain architecture developed by blockone company, which aims to expand the performance of distributed applications. The goal of EOS project is to achieve a blockchain architecture similar to the operating system supporting applications. The architecture can provide account, identity authentication, database, asynchronous communication and program scheling on hundreds of CPUs or clusters. The ultimate form of this technology is a blockchain architecture, which can support millions of transactions per second, and ordinary users do not need to pay for the use of the blockchain
function of EOS token
the current form of EOS cryptocurrency belongs to ERC 20 smart contract token on Ethereum blockchain. EOS ERC 20 token will be converted into the cryptocurrency available in EOS system 1:1 after the formal launch of EOS blockchain. The EOS system is expected to release the test network in August 2017, and it is expected to take one year for the main network of EOS blockchain to go online. The following application scenarios are introced after the EOS blockchain is officially launched
EOS cryptography currency has three main application scenarios: bandwidth and log storage (hard disk); Calculation and calculation reserve (CPU); State memory (RAM)
both instantaneous and long-term components consume bandwidth and computation. The blockchain system will maintain logs of all messages, which will be downloaded and stored by all complete nodes. With log information, the state of all applications can be reconstructed
the specific application scenario of EOS cryptography currency can be explained as:
receiver payment: customers purchase specific procts from the business, and the sales revenue of these procts will be used to pay the business cost, so as to avoid customers paying for the use of blockchain directly, and will not restrict or prevent enterprises from determining the monetization strategy of their procts
authorization capability: if a blockchain is developed by using EOS software system and its token is held by a ticket holder, it may not need to consume all or part of the available bandwidth immediately. Such a holder can choose to give or rent the unused bandwidth to others
separate transaction costs from token value: if the application owner holds a corresponding amount of tokens, the application can continue to run in a fixed state and bandwidth usage. Developers and users are not affected by price fluctuations in the token market, so they are not price dependent
block reward: each time a block is generated, the eos.io system will reward the block generator with a new token. The system may be configured to limit the reward cap for block procers, so that the total annual increase in token supply does not exceed 5%
community welfare applications: users can choose three community welfare applications, also known as smart contracts. These smart contracts will collect tokens based on the proportion of votes each application receives from the token holder. The elected application or smart contract can be replaced by the smart contract of the newly elected application or token holder
What are the technical advantages of EOS
1. EOS creates a developer friendly underlying platform of blockchain, which is similar to the operating system of blockchain. It has powerful performance, can support multiple applications running at the same time, and can support multiple programming languages at the same time. It provides developers with underlying moles to lower the development threshold, just like Microsoft's windows. Do you think Microsoft is worth money
2. EOS solves the problems of delay and data throughput through parallel chain and dpos. EOS can achieve a processing capacity of one million per second. At present, bitcoin has 7 transactions per second, while Ethereum has 30-40 transactions. This super power of EOS can hang bitcoin and Ethereum. For example, the recent cryptokitties | collect and breed digital cats! This is a very popular eth game. Only one game accounts for about 15% of eth's throughput. If there are seven or eight similar games at the same time, ETH will die. It's scary to think about it. Eth, which can't expand bandwidth, will have great challenges in throughput, and EOS can solve the above problems.

4. EOS Digital currency, also known as grapefruit coin. In Chinese currency, I hold this currency. When I don't use it, I can save money, mine and earn money
as for reliable and unreliable, it's totally self-conscious. Equivalent to investment, you can bear the risk.

5. It's a virtual currency with great risk and high return. It's not a pyramid scheme. It can be traded on some platforms. Be careful,

6.

EOS is owned by an organization called block.one, but most people contact EOS by Daniel Larimer (BM), a software developer who has been involved in other blockchain projects, including bitshares and steemit, a distributed social network. The CEO is Brendan Blumer, a serial entrepreneur

EOS is considered as Ethereum for large enterprises

EOS public chain allows people to build decentralized applications (dapps) on it and run these applications

according to the developers, the difference between EOS and Ethereum is that EOS solves the performance shortage and availability problems encountered by developers when using Ethereum. There are other small differences that we will discuss below

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generation of EOS:

unlike bitcoin, EOS is not obtained by mining. Bitcoin's consensus protocol, known as workload proof, uses a lot of power and can only handle limited transactions

On the contrary, EOS allocated 1 billion EOS tokens in one year's ICO. After that, EOS uses a consensus protocol called certificate of entitlement (dpos) to create the blocks that make up the blockchain

in this system, the community votes for the witness who is responsible for verifying the transaction. If the witness misbehaves, the community members can also vote, and others will take their place

The main features of EOS are as follows:

1. EOS is a bit similar to Microsoft's windows platform. By creating a developer friendly underlying platform of blockchain, it supports multiple applications running at the same time and provides the underlying template for the development of DAPP

EOS solves the problems of delay and data throughput by means of parallel chain and dpos. EOS can process thousands of data per second, while bitcoin has about 7 transactions per second, and Ethereum has 30-40 transactions per second

There is no service charge for EOS, and the general audience is more extensive. The network and computing resources needed to develop DAPP on EOS are allocated according to the proportion of EOS owned by developers

when you have EOS, it is equivalent to having computer resources. With the development of DAPP, you can lease your EOS to others. From this point alone, EOS has a wide range of value. In short, having EOS is equivalent to having a set of rent to collect rent for others, or having a piece of land to rent for others to build a house

7. The full name of EOS is "enterprise operation system", which is a highly available public chain. Transactions can be confirmed in almost one second
bitcoin was born to realize a point-to-point cryptocurrency system, while Ethereum realized Turing's complete virtual machine on this basis, making the blockchain a computing platform, and EOS is a computing system by nature. The smart contract on EOS is similar to various programs on our computers. Even the EOS token itself is a contract
generally, we use some kind of cryptocurrency and need an address. When collecting money, others just need to transfer money to this address. However, there is no concept of address in EOS. If users want to use the EOS blockchain, they must create an account on the EOS chain to use it

the creation of this account is actually a contract transaction, which requires an account that can be used to create. This is also a factor that has a high threshold for the use of EOS blockchain, because at the beginning of the launch of EOS, there were few accounts available, and there were no tools (such as wallet) for users to create accounts

moreover, creating an EOS account consumes ram. According to the soaring price of ram, it takes several EOS to create an EOS account, which is also very expensive.