Hey hey Steemians!
Nex here, been a while since our last post - our work-life has taken quite a toll on our ability to study cryptos and mining
EOS is a new type of blockchain built on graphene architecture. The same team which built Steemit and Bitshares - which we know and love!
They are currently undergoing their ICO which is a year long, they are raising funds via Ethereum and distributing ERC20 tokens.
They are a competitor of Ethereum .
And while these are some facts, there are some things you should understand about EOS:
You can check out the code @ GitHub: https://github.com/EOSIO
There will be Producers, which will work similarly to Witnesses in Steem.
The tokens can then be staked to power the blockchain's bandwidth, computational power and storage capacity.
Acordding to @dantheman This is what a blockchain constituiton for EOS could look like:
https://steemit.com/eos/@dantheman/what-could-a-blockchain-constitution-look-like
And last but not least
I'm sure you heard before that one of the main problems with Bitcoin - that Ethereum kind of solved - is the processing of transactions which bottlenecks all of the transactions.
If you guys feel like learning a bit more about Dan Larimer is thinking check this out:
This is all for today, next time I will be posting something about Brazil!
Love, Nex
Resteem and UPVOTE @plainbroadcast the Mining Project for Cryptonews and Mining TIPS!
Wanna fund the project?
Every week we will top vote our donations and we will look for some way to pay you guys back! :)
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