Blockchain Veterans Announce EOS Blockchain Operating System
block.one, a developer of blockchain technologies for businesses, recently announced it is developing open source software for EOS, an all-new blockchain operating system geared toward supporting commercial decentralized apps.
The software being introduced for EOS is slated to use asynchronous communication of smart contacts and parallel processing in order to support thousands of applications and millions of transactions on the blockchain at the same time, pretty neat indeed.
The technology behind EOS is also being designed to enable applications that do not require blockchain users to pay for every transaction, making it feasible to create “freemium” applications.
This allows new blockchain users to make it into the mix without having to navigate the mire involved with purchasing a cryptocurrency.
“Existing applications such as exchanges and social media already service millions of customers daily and require a platform that can process hundreds of thousands of transactions per second. With EOS, we are building software to allow businesses to build their applications using an architecture similar to modern website frameworks. This would allow a whole range of businesses to use the blockchain, similar to the way that the computing era exploded after Microsoft Windows enabled developers to build interoperable software,” said Brendan Blumer, block.one CEO. “Corporations that build applications on top of EOS can take advantage of the security, authenticity and transparency of the blockchain to build and support global-scale decentralized projects.”