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EOS

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EOS is software that introduces a blockchain architecture designed to enable vertical and horizontal scaling of decentralized applications. This is achieved through an operating system-like construct upon which applications can be built. It is developed by the Block.One team.

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Overview

Project industryBlockchain Infrastructure
Product typeCryptocurrency
FoundedCayman Islands
Genesis date2017-07-01
Hashing algorithmDelegated Proof-of-Stake

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What is EOS

The EOS software enables blocks to be produced exactly every 0.5 second and exactly one producer is authorized to produce a block at any given point in time.

The EOS software requires every transaction to include part of the hash of a recent block header. This hash serves two purposes - prevents a replay of a transaction on forks that do not include the referenced block and signals the network that a particular user and their stake are on a specific fork.

The EOS software provides accounts, authentication, databases, asynchronous communication, and the scheduling of applications across many of CPU cores or clusters.

A holder of tokens on a blockchain launched adopting the EOS.IO software who may not have an immediate need to consume all or part of the available bandwidth, can delegate or rent such unconsumed bandwidth to others; the block producers running EOS.IO software on such blockchain will recognize this delegation of capacity and allocate bandwidth accordingly.

A blockchain that adopts the EOS.IO software will award new tokens to a block producer every time a block is produced. In these circumstances, the number of tokens created is determined by the median of the desired pay published by all block producers. The EOS.IO software may be configured to enforce a cap on producer awards such that the total annual increase in token supply does not exceed 5%.

The EOS.IO software permits all accounts to be referenced by a unique human readable name of up to 12 characters in length.

Details

Public sales: Jun 25, 2017 - Jun 04, 2018
Token supply: 1,000,000,000 EOS
Raised: 4,197,956,135 USD

Legal

Country limitations: United States
Registration country: Cayman Islands
Registration year: 2017
Office address: Maples Corporate Services Limited, PO Box 309, Ugland House, Grand Cayman, KY1-1104 The Cayman Islands

Token info

Ticker: EOS
Type: Utility-token
Token standard: ERC-20
Token price in USD: 1 EOS= 1 USD
Accepted currencies: ETH
Token distribution:
90% - Participants
10% - Team

Offices on the map

EOS Roadmap

1
Phase 1

Minimal Viable Testing Environment - Summer 2017

2
Phase 2

Minimal Viable Test Network - Fall 2017

3
Phase 3

Testing & Security Audits - Winter 2017, Spring 2018

4
Phase 4

Parallel Optimization Summer / Fall 2018

5
Phase 5

Cluster Implementation The Future

Project team

Brendan Blumer
Brendan Blumer
CEO
Brendan Blumer linkedin
Daniel Larimer
Daniel Larimer
CTO
Daniel Larimer linkedin
Ian Grigg
Ian Grigg
Partner
Ian Grigg linkedin
Brock Pierce
Brock Pierce
Partner
Brock Pierce linkedin

Social media

EOS web-siteEOS RedditEOS MediumEOSYouTubeEOS TelegramEOS InstagramEOS BTCTalkEOS TwitterEOS FacebookEOS SlackEOS Github

User rating:

5/5 ( 1 )
1

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