EOS (EOS)

The EOS Network is a blockchain platform that is open-source and focuses on high performance, flexibility, privacy, and developer experience. EOS is a third-generation blockchain platform driven by the EOS virtual machine. It offers an expandable WebAssembly engine allowing deterministic execution of almost fee-less transactions.

EOS is the most scalable, divisible, and programmable digital currency available on the market. EOS is a Delegated Proof of Stake (DPoS) network in which stakeholders have the power to choose node operators. Power on EOS does not lie in the hands of block miners, but rather in the hands of all parties active in the EOS Network, due to the decentralized structure of token distribution.

The EOS Network is appealing due to its technology and community. It enables developers to create projects that are not supported by other blockchains. The network is simple to use and has a variety of tools as well as instructional materials to aid users in becoming familiar with the blockchain.

The EOSIO software, on which the EOS Network is based, was built by Block.one and created by Daniel Larimer.

In June 2018, a decentralized group of block producers (BPs) launched the EOS blockchain, launching the network using a token distribution snapshot from Block.one's ICO.

On August 25, 2021, EOS block producers came to an agreement to support the EOS Network Foundation (ENF), which was founded by Yves La Rose.

The EOS Network Foundation is a non-profit organisation that manages financial and non-financial support to foster the growth and development of the EOS Network. The ENF is the EOS Network's centre, utilising the power of decentralisation as a force for positive global change in order to create a coordinated future for EOS.

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