Today I will try among the various notes taken into consideration to describe as much as possible the most emerging in this period EOS cryptocurrency based on blockchain!
I’m starting by saying that the EOS basically supports all the basic functionality necessary for businesses and individuals to create blockchain-based applications in a similar way to web-based applications, such as providing secure access, authentication, permissions, data hosting, communication via dApps and the Internet.
The EOS also supports a web-based toolkit for interface development, thus making programming of apps very simple. In other words it works similar to the Google Play Store and the Apple App Store.
EOS.IO and EOS TOKEN
Well said this we can say that EOS essentially has an ecosystem consisting of two key elements: EOS.IO and EOS tokens.
EOS.IO must first be imagined as the operating system of a computer. Manages and controls the EOS blockchain network. EOS.IO uses a blockchain-type architecture that was built to first enable the scalability of decentralized applications.
TOKEN EOS instead of everything is precisely the cryptocurrency of the EOS network
EOS AND ITS PARTICULAR FUNCTIONALITIES
Based on how I read the EOS platform it focuses essentially on the critical points of the blockchain, with the main attempt to solve the problems of speed, scalability, flexibility, all problems that in the long run become a problem for systems based on blockchain.
Many other networks in fact slow down due to spam applications and numerous transactions. Here, EOS.IO seeks to strengthen itself by eliminating these problems and thus making it even more effective. ”
The EOS.IO platform therefore tries to offer great flexibility within the development and maintenance of dApps through various functionalities. Its command system allows free use by the user, eliminating transaction costs, as developers are allowed to use resources in proportion to their participation rather than the standard pay-per-transaction model. This also makes it easier for application developers to predict hosting costs and allows them to create highly effective monetization strategies.
DISTRIBUTION OF TOKEN EOS
Among my many researches I found the dates and quantities issued by the official EOS website:
200 million (20%) of tokens were initially distributed over a five-day period from June 26, 2016 to July 1, 2017
700 million (70%) of tokens were currently distributed on an ongoing basis of 2 million per day for 350 days,
100 million (10%) were held in deposit to guarantee a block, to keep their incentives in line with those of the EOS community.
Block.one tokens will last up to 10 years with 10 million tokens a year, EOS tokens can be stored in multiple portfolios
EOS AND ITS ADVANTAGES
In my opinion and this specifies because I’m not ADVERTISING BUT IS EXPRESSLY THE INFORMATION TITLE The EOS project is recently affecting more and more people thanks to its interesting features. The EOS platform has been specifically designed to allow an ideal context to create a development and implementation of dApp, thus allowing an extremely high volume of transactions and without any kind of hidden costs.