What Is EOS Blockchain? EOS started on Ethereum before creating its own competitor.

What Is EOS (EOS)?

The Ethereum Operating System (EOS) is a blockchain-based platform for decentralized applications (dApps). It has a higher bandwidth than Ethereum, the blockchain it initially started on. It also supports many of the same token and smart-contract standards. Thus, it became a competitor of the very blockchain platform it was developed on as an extra layer. It also supports interoperability with other blockchains thanks to the Grephene layer.

Who Is EOS?

EOS was created and maintained by block.one, whose team includes CEO Brendan Blumer, Group President Rob Jesudason, CTO Daniel Larimer, and COO Andrew Bliss. Before joining EOS, Larimer founded BitShares and Steem. The organization is focused on moving blockchain development forward.

Use Cases of EOS

EOS in an improved version of Ethereum, making it ideal for enterprise dApp development. It supports air drops, STOs, and more.

How to Mine EOS

EOS can’t be mined, instead being earned through a delegated-Proof-of-Stake (dPoS) scheme.

EOS Investors and Partners

EOS partners include Everipedia (a blockchain-based Wikipedia), EOSBet, and more. The foundation is working on securing more partnerships every day.

Learn More About EOS

If you want to learn more about EOS, I wrote a full coin intro guide at Crypto Briefing. Or you can learn more about other cryptocurrencies across Thought for Your Penny.

Versability

Brian Penny is a former Business Analyst and Operations Manager at Bank of America turned whistleblower, troll, and freelance writer.

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.

%d bloggers like this: