EOS Blockchain: AN INTRODUCTION

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EOS Blockchain: AN INTRODUCTION - 6 City MeetUp's

Current technologies for blockchain fall short of providing what developers and end-users need in order to contract together and to build large scale businesses. EOS is a performance-based and self-governing blockchain that provides an operating system for building large-scale consumer- facing distributed applications.


About EOS

block.one (http://block.one), a developer of blockchain technologies for businesses & publisher of open source software EOS (http://eos.io), a new blockchain operating system designed to support commercial decentralised applications.

EOS is a decentralised community built on an agile high performance public blockchain.

As decentralisation becomes accepted as the future infrastructure of the global economy, current blockchain platforms do not scale to support mainstream development or performance requirements; they are further restrained by sequential throughput, high transaction fees, and unsustainable network costs. EOS is a distributed operating system designed for high performance decentralised applications. EOS handles Databases, Permissions, Scheduling, Authentication, and Inter-app communication to simplify the complexity and reduce the time requirements of building, deploying, and governing blockchain applications.

EOS is a self-sufficient distributed computing network that has no reliance on any single foundation, corporation, or individual. The software being developed for EOS plans to use the asynchronous communication of smart contracts and parallel processing in order to support thousands of applications and millions of transactions on the blockchain simultaneously. The software behind EOS is also being designed to enable applications that don't require blockchain users to pay for every transaction, making it possible to create freemium applications. This enables new blockchain users to get involved without having to navigate the complex process of purchasing a cryptocurrency.

"Existing applications such as exchanges and social media already service millions of customers daily and require a platform that can process hundreds of thousands of transactions per second," said Brendan Blumer, block.one CEO. "With EOS we are building software to allow businesses to build their applications using an architecture similar to modern website frameworks. This would allow a whole range of businesses to use the blockchain, similar to the way that the computing era exploded after Microsoft Windows enabled developers to build interoperable software. Corporations that build applications on top of EOS can take advantage of the security, authenticity and transparency of the blockchain to build and support global-scale decentralised projects."

block.one, the company behind one of the most recent and innovative blockchain technologies, will have Sanjay Mehta on hand to share his perspective on the EOS opportunity and also answer any questions you have on EOS, the vision or any other questions.

It's a learning and knowledge session with refreshments.

Speaker


Sanjay Mehta

Angel, PE & Cryptocurrency Investor, TiE Mumbai Board Of Trustees, Awarded Angel Investor Of The Year 2017 by Let'sVenture, Investor, Member at CIO Angel Network, Indian Angel Network, Lets Venture & Investor in Block.one

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