Blockchain Networks leveraging EOSIO codebase.
EOSIO is a next-generation, open-source blockchain protocol with industry-leading transaction speed and flexible utility. Introduced in May 2017, it has since been widely recognized as the first performant blockchain platform for businesses across the world.
EOS is the native cryptocurrency of the EOS blockchain, developed with the aim of facilitating
efficient and scalable decentralized applications (dapps). The blockchain includes an operating-system
like set of services and functions, that works similarly to the ethereum platform.
EOS was announced in 2017 by the private company and released as open-source software
in June 2018. EOS seeks to achieve greater scalability than bitcoin and ethereum
with its delegated proof-of-stake (DPoS) consensus mechanism.
According to the white paper, this allows EOS to process transactions more quickly
because there are only 21 block producing nodes. This means that the network must
only reach consensus between 21 nodes in order to produce a block.
Post interim constitution EOS shifted to objective governance structure making ECAF power void. Current EUA is in line with Daniel Larimer version Intent of Code if law where 15/21 have the power to fix any issues related to code. Steal/Thefts/Hacks are out of the jurisdiction of BlockProducers.
There’s no WPS currently on EOS. Four per cent inflation that was intended to be used for running worker proposal structure goes to eosio.saving account (accumulated EOS were burned last time)