EOS Launch Delayed While Block Producers Discuss How to Launch
Posted: Wed Jun 06, 2018 11:00 am
EOS, a competitor to Ethereum, was supposed to launch its blockchain today, but instead is mired in disagreement.
What is EOS?
The niche which EOS aims to fill is scaling decentralised applications up to commercial scale.
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It is operated by a company called block.one which is situated in the Cayman Islands. The EOS whitepaper claims that it will be able to handle millions of transactions per second without user fees by using a delegated proof of stake model.
This means that blocks in the blockchain are verified every three seconds by ... (read more)