(Artwork by @rubenalexander)
Hi Everyone,
In our community channels we are frequently asked how EOS compares to other blockchain platforms.
We can’t comment on the innovations of others, but EOS is the only blockchain platform designed with:
Parallel Processing
Parallel processing capabilities bring continuous scalability and a reliable high performance foundation for your applications. Existing single threaded capabilities force every application to share the capacity and performance of one single-threaded blockchain, create hard scaling limits, and eventually suffer from network congestion that may result in platform-wide downtime.
A Decentralized Operating System
The EOS.IO software assists developers with databases, permissions, scheduling, authentication, and inter-application communication. This greatly simplifies the process of building and deploying decentralized applications, and widens the potential developer audience to anyone with basic web development experience.
The EOS.IO software is designed to allow developers to leverage the blockchain without sacrificing development time or compromising mainstream performance standards.
A Ratifiable Constitution
The EOS constitution governs the block producers and every transaction on the network through a peer to peer User License Agreement. The Constitution outlines a transparent framework for dispute resolution, force majeure decision making, and creates a common default arbitration framework for all users globally.
Self Sufficiency and Evolution
An EOS blockchain is an entirely self sufficient, self funding, distributed network with all governance on chain; it does not rely on any single foundation, corporation, or individual.
Slow predictable creation of new tokens (max 5% annually) are distributed by the community through elected smart contracts to fund network operation and growth.
One of the largest and most diversified blockchain communities
EOS is built on the backbone of the Delegated Proof of Stake (DPOS) community that has built and run the largest smart businesses in the blockchain ecosystem today - BitShares and Steem. With more than a billion dollars in market capitalization and more network activity than both Bitcoin and Ethereum combined, this community has begun pushing its innovations to the forefront of the space and are expanding the boundaries of what is capable.
We believe the EOS.IO technological innovations and the DPOS community is poised to rapidly accelerate the buildout and adoption of the decentralised economy.
More information coming this week.
block.one