EOS


Name

EOS

Summary

EOS is a platform that allows developers to create decentralized applications.
-It was developed by the company Block.one, and its white paper was authored by Daniel Larimer and Brendan Blumer.
-It is secured by Delegated Proof-of-Stake consensus mechanism.

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Rating

BB

Symbol

EOS

Overview

EOS is an open-source system to facilitate the implementation of smart contracts and decentralised apps (dApps). Its network uses a delegated Proof-of-Stake (DPoS) consensus technique to assist secure the platform while still allowing it to run applications at a high level of performance. EOS has more scalability and transaction throughput than traditional blockchain networks thanks to DPoS, but it does so at the expense of complete decentralisation and censorship resistance.

On-chain governance is used by EOS, which allows token holders to vote on block producers (BPs) as well as numerous protocol, monetary policy, and stakeholder bylaw changes. The user bylaws are defined and enforced by the EOS User Agreement.

Historical Price Movement (in INR)

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Technology

EOS was created with scalability in mind by Block.one. To maximise performance, EOS uses Graphene technology and (in the long run) parallel processing in addition to its delegated Proof-of-Stake (DPoS) consensus method.
EOS makes use of the WebAssembly Virtual Machine (WASM), which provides great speed and performance as well as compatibility for a wide range of programming languages, including C, C++, and Rust, allowing developers to take advantage of current optimization and debugging tools.

Founders

10%

Investors

90%

Volume (23rd April 2022)

$594,812,058

Total Supply

1051747409

Circulating supply

986,523,703.96 EOS

Crowd Sales

Block.one has raised a total of $4.1B in funding over 6 rounds.

Funding

24/06/2021: Venture Round- $49M
16/07/2018: Corporate Round- NA
11/06/2018: Secondary Market- NA
31/05/2018: Initial Coin Offering- $4.1B
18/05/2017: Seed Round-NA

Country

Cayman Islands

Name of Organization

Block.One

Year Incorporated

2018

Registered Address

P.O. BOX 309, UGLAND HOUSE GRAND CAYMAN KY1-1104, CAYMAN ISLANDS 00000

Dispute Resolution and Governing Law

Cayman Islands

Country Risk Assessment

A1

Founding Team
Name Designation Education Experience
Brendan Blumer Co-Founder and CEO NA 20 Yrs
Daniel Larimer Co-Founder and CTO Virginia Tech: Bachelor of Engineering (BE) in Computer Science 21 Yrs