EOSIO (EOS)

EOSIO is a next-generation, open-source blockchain protocol with industry-leading transaction speed and flexible utility. About EOSIO (EOS)
EOSIO is a platform that’s designed to allow developers to build decentralized apps . The project’s goal is relatively simple: to make it as straightforward as possible for programmers to embrace blockchain technology — and ensure that the network is easier to use than rivals. As a result, tools and a range of educational resources are provided to support developers who want to build functional apps quickly. Other priorities include delivering greater levels of scalability than other blockchains, some of which can only handle less than a dozen transactions per second. EOSIO also aims to improve the experience for users and businesses. While the project tries to deliver greater security and less friction for consumers, it also vies to unlock flexibility and compliance for enterprises. The blockchain launched in June 2018.
The EOSIO platform was developed by the company Block.one, and its white paper was authored by Daniel Larimer and Brendan Blumer. Both men continue to be members of Block.one’s executive team, with Blumer serving as CEO and Daniel Larimer as CTO. Blumer is a serial entrepreneur, and one of his earliest ventures involved selling virtual assets for video games. He went on to co-found Okay.com, a digitally focused real estate agency in Hong Kong. Larimer is a software programmer who has also started a series of crypto ventures. They include the crypto trading platform BitShares and the Steem blockchain. The pair met in 2016 and formed Block.one the following year.
What Makes EOSIO Unique? To an extent, you could argue that EOSIO aims to create familiarity for its users. Whereas EOS.IO is probably best compared to an operating system like Windows or iOS, EOSIO is the cryptocurrency that drives the network. According to the company, it has the capacity to accommodate the demands of hundreds, if not thousands, of DApps — even if they were being used by substantial numbers of people. Parallel execution, as well as a modular approach, are said to drive this efficiency. In a unique twist, token holders have the ability to vote for block producers — as well as other matters such as protocol upgrades. Unfortunately, some of the most distinguishing features of EOSIO are those that certain critics dislike the least. There are those that argue that extensive Block. one’s involvement with this project means it’s rather centralized — and some argue this is the opposite of what blockchains and cryptocurrencies were meant to achieve.
WEBSITE: https://eos.io/