EOS is a blockchain platform similar to Ethereum, which use for the development of decentralized applications (dApps). Some people call it the Ethereum killer. In fact, it provides an operating system, which makes the development of dApps easier.
EOS provides a combination of features of Bitcoin and Ethereum. It means it provides the security of Bitcoin and computing support of Ethereum at the same time. In other word, it’s trying to provide simple way and massively scalable dApp platform for daily users.
This project aimed to build a blockchain dApp platform, which can securely and easily process thousands of transactions per second. In fact, it’s a complete operating system for decentralized applications by providing services such as cloud storage, authentication and server hosting.
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What is EOS?
EOS is a blockchain-based platform, which known as a most powerful infrastructure for decentralized applications. It focused to provide a decentralized system, which enables the hosting, development and execution of commercial-scale of dApps on its platform.
EOS makes all the individuals and businesses to be able to create their own blockchain-based applications, which is very similar to the web-based applications. It consists of providing secure access, data hosing, authentication, communication and usage management between dApps and the internet.
Why is it different?
The question here is that if Ethereum, Bitcoin and other blockchain-based cryptocurrencies are there, then why do we need EOS?
The answer is, although those cryptocurrencies and projects are already out there, they are facing with issues. EOS aimed to solve the issues like scalability, speed and flexibility, which other projects such as Ethereum and Bitcoin are facing with.
The other problems that other platforms are facing with are that usually the network congested by great number of false transactions and similar requests, limiting computing power and spamming apps. As a result, EOS tries to fix these problems by providing more scalability, usability and flexibility through its unique mechanism.
In fact, it supports thousands of dApps in commercial scales by using parallel execution and asynchronous communication methodology. For instance, the authentication process performs separately from execution process in this platform.