What is EOS and how will it work?

The platform is presented as a structure to solve the problem of scalability caused by decentralized commercial applications

In the last five years the blockchain technology has stood out for being key in the development of cryptocurrencies and cryptoactives. However, it has also become the basis of many projects in various areas.

For this reason, EOS is born, a platform that is presented as a blockchain solution, where by means of a structure friendly to decentralized commercial applications, the problem of scalability caused by its increasing use can be solved.

In addition, it allows communication between block chains, separating, in turn, the authentication of the execution of these applications. It’s expected not only to facilitate the interaction between applications, but also to offer its users the possibility of carrying out millions of operations at a high speed and without having to pay any kind of commission for the transactions.

EOS has Brendan Blumer as Executive Director, who has more than ten years of experience in business technology. He also had the experience of Brock Pierce (founder of Blockchain Capital) as a partner in the project. The platform has many similarities to the Ethereum network, even a part of the community sees it as a possible successor to the recognized network, due to the improvements it offers its users and which Ethereum currently lacks.

N. Moncada

Source: CoinCrispy

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