What is EOS Blockchain? A Comprehensive Guide Ever

Posted On Jul 18, 2019 at 01:05 PM
Updated Jan 18, 2020 at 10:29 AM
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Are you eager to gain ideas and an absolute knowledge about EOS blockchain? Then, here is a comprehensive guide for your to acquire more about EOS blockchain. I knew that everyone is eager to know about EOS blockchain. So, let me move to the topic consecutively.

Generally, EOS, the newest blockchain entered in the cryptocurrency market to build a network which is capable to process millions of transaction per second.

What is EOS Blockchain?

EOS so called EOSIO, is a blockchain platform with a powerful underlying infrastructure to support the industrial-scale decentralized applications development. To point out, the primary aim of EOS is to furnish an user-friendly as well as business-friendly tool to build dApps, and overcome major challenges which are facing in the traditional blockchain platforms like Ethereum.

Advantageous Traits

Generally, there are several advantageous traits to undergo EOS blockchain development.

(i) Large User Base Support

To point out, a dApp platform remains scalable enough for millions of users to utilize it seamlessly and instantaneously which does not let to face any performance issues.

(ii) Free Usage

With the ability of simple upgrading, a dApp on any blockchain platform remains free for end users. On the other hand, any type of transaction fee would discourage users from coming back to the dApp eventually.

(iii) Low Latency

In order to offer a favorable user experience, a dApp has the ability to  run with the lowest possible latency.

(iv) Parallel and Sequential Performance

To save time and distribute the workload, a dApp offers parallel processing o n any blockchain platform. Likewise, it permits for multiple sequential performances to deflect errors like double spends.

Why EOS for Business?

The businesses needs EOS blockchain for the following reason.

EOS Can Provide what businesses and End users Need

As a known fact, we are living in a competitive world where only the best succeed. To mention, you must play by the rules, if you prefer competitive advantage.

The rules may be simple but powerful, and ignoring them will not lead you to the precise way. Here are the things that’s what the businesses and end users needs.

What business wants:

I. Cost reduction.

II. Earning users and clients.

III. Yielding profitability.

IV. Faster scalability.

What end-user wants:

I. UX similar to the normal app (user friendly interface).

II. Faster progressing without any delays.

Apart from these, there are several other traits which do favour for the business world. It is more vital to mention that EOS is developing faster than ever and making history in the blockchain as well as business world every day. Here are some of the reasons why to prefer EOS blockchain for business.

1. Highly scalable and flexible

2. Limited consumption of energy

3. Parallel processing

4. Upgradability

The Bottom Line

If you have read entirely my “What is EOS” guide, Hope, you will get a distinct idea of what EOS is and what it is trying to achieve, why the project was founded, how the technology works and also why the EOS token is so important.

What do you like most in EOS? I think it has the potential to become one of the most important blockchains of the future, with fast, free and scalable transactions.

For its outstanding features, many of the entrepreneurs are seeking for the EOS blockchain development company to have their unique EOS blockchain platform for the millions of transaction per second. Osiz technologies, a leading blockchain development company is the right choice for you to furnish your expectation to you. Develop your unique EOS blockchain. Stay connect with us.

Call/Whatsapp 9500481067

E-mail [email protected]

Skype Skype : osiz.tech

 

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