The aim of the platform is to provide decentralized application hosting, smart contract capability and decentralized storage of enterprise solutions that solve the scalability issues of blockchains like Bitcoinand Ethereum, as well as eliminating all fees for users. EOSIO accomplishes this by being both multi-threaded (able to run on multiple computer cores) as well as using delegated proof-of-stake for its consensus protocol. It aims to be the first decentralized operating system (EOSIO) that provides a development environment for decentralized applications like Steemit, a social network with monetary incentives and BitShares, a decentralized cryptocurrency exchange (DEX).
