Just Read Up On The EOS.IO Technical White Paper And The Findings Are Amazing. REST100 Decryption Files
The Good News
So apparently EOS.IO development team has devoted the summer on the up and coming EOS.IO software. With the dirty work out of the way the project is ahead of schedule. EOS is introducing the first blockchain operating system.
Why Does The Block Chain Need An Operating System
For multiple reasons. Mainly for all the functions of an application to run more efficiently and effective. EOS.IO is an operating system proposing to manage not only the data base of every application on the blockchain but, also the account permissions, scheduling, authentication and inter app communication. This alleviating the program developer from these concerns and allowing more time invested in user abilities. This is all done through a process known as parallel processing.
Watch Daniel Larimer Go into Full detail About The Project Here
Watch Dan Larimer, CTO of block.one, discuss the advantages and promise of EOS.IO software. In addition to leading the development team working on EOS.IO, Dan previously founded two community projects that now have over 1 billion USD in aggregate token value and introduced the concept of the DAO in 2014 and is the inventor of Delegated/Nominated Proof of Stake (DPOS).
The 411 From The Horses Mouth
Equal Opportunity
To ensure inclusivity, EOS Tokens have no pre-determined price; rather price is set by market demand. This mimics mining without giving potential unfair advantages to large purchasers.
Broad Distribution
The EOS Token distribution takes place over 341 days which is expected to provide ample time for the community to familiarize themselves with the project, as well as participate in the distribution.
Transparency
An Ethereum smart contract proves receipt of incoming funds for EOS Tokens.
What I found Today
The EOS.IO software is currently able to sustain over 10,000 single threaded transactions per second on a multi-node network. This puts it on track to support over 1 million transactions per second on machines with over 100 CPU cores. This is like a superhighway for crypto currency. With this new design they have made it easier than ever to make Parallel applications communicate with one another. Offering a slew of features like shared database access, in-line message passing, deferred message passing and unlimited horizontal scaling. The future of EOS looks bright and anybody paying attention to the developers can see the potential here. This definitely means new heights for the Steemit platform. Look further into the information I have provided here.
My goal here in Steemtit is to stay true and live up to the expectation of the block chain system. Producing quality content while educating our audience is key.
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When does the operating system expected to be released. Does that mean wallets with better ui and easier to use applications.
In September of this year, block.one will be releasing EOS.IO Dawn 1.0 which should be stable enough and well documented enough for anyone to launch their own test network upon which they can build and deploy their applications. Source: https://steemit.com/eos/@eosio/the-dawn-of-eos-io
더 쉬운 운영체제가 출시가 된다면 사용자가 더 많이 늘어날 수 있을것으로 생각이 듭니다. 다만 이 운영체제가 언제 출시가 되는게 관건이네요.
Have bought some more on the dip!
Am not a technical guy but this one seems very exciting!
Cheers
Thanks for this post rest100 - watching EOS very closely and looking to buy more at these prices. Unfortunately the Exodus (Shapeshift) EOS exchange is temporarily unavailable. SirKnight.