[My Find Blockchain ] EOS Blockchain Introduction Article #3 : GЕTTING STАRTЕD WITH EOS
EN
Third posting about EOS , GЕTTING STАRTЕD WITH EOS
Hello Steemian.
From Today I introduce about EOS blockchain technology compare to Ethereum Blockchain Tech base on the my survey. So, If you have any false infomation about EOS, Please let me know details.
I hope that this posting will be enhanced your basic knowledge for understanding about EOS . If you acquired precious information about blockchain technology,I believe you make an proper decision to invest your money and build up your new business related to blockchain technology in the future.
I will disclose final posting about EOS. If you have some benefits from my psoting, please vote and resteem or comments without hesitance.
Table of Content
Whаt Iѕ EOS? (Today Topics)
Ethеrеum vеrѕuѕ EOS
Gеtting Stаrtеd with EOS
How Tо Gеt An EOS Wаllеt?
EOS Rеѕоurсеѕ
Hоw tо Buу EOS?
Hоw Tо Eаrn EOS?
Whеrе tо Sреnd EOS?
Whаt Iѕ EOS Mining?
Lаtеѕt EOS Nеwѕ
Conclusion
GЕTTING STАRTЕD WITH EOS
We believe that EOS means different things to different people. We have received numerous amazing interpretations of what EOS stands for or what it should stand for so we have decided not to formally define it ourselves.
EOS.IO is software that introduces a blockchain architecture designed to enable vertical and horizontal scaling of decentralized applications(The EOS.IO SOftware). This is achieved through an operating system-like construct upon which applications can be built.
The software provides accounts, authentification, database, asynchronous communications and the scheduling of applications across multiple CPU cores and /or clusters. The resulting technology is a blockchain architecture that has the potential to scale to millions of transactions per second, elimiantes user fees and allows for quick and easy deployment of decentralized applications.
Block.one, a Cayman Isalands exempted company, is building the EOS.IO software. With employees and advisors based around the world, the company focuses on business-grade technology solutions, including blockchain software development.
At the end of its development stage, block.one will be releasing the EOS.IO software is has developed under an open source software license.
Whаt Arе EOS Tоkеnѕ?
EOS tokens are ERC-20 compatible tokens distributed on the Ethereum blockchain pursuant to a related to ERC-20 smart contract(The EOS tokens).
Block.one is building the EOS.IO software but it will not configure and launch any public blockchain platform adopting the open source EOS.IO software (The EOS Platform).
Any lauanch of an EOS Platform will occur by members of the community unrealted to Block.one. Third parties launching the EOS Platform may delete, modify or supplement the EOS.IO Software prior to, during or after launching the EOS platform.
The EOS tokens do not have any rights,uses,purpose,attributesm, functionalities or features,express or implied,including, without limitation, any uses,purpose,attributesm,functionalities or features on the EOS platform.
The EOS token distribution will take place over 341days starting on June 26, 2017 at 13:00UTC. One billion (1,000,000,000)EOS tokens will be distributed according to the schedule below:
200,000,000 EOS tokens (20% of the total ammount of EOS Tokens to be distributed) will be distributed during a 5-day period beginning on June 26, 2017 at 13:00 UTC and ending on July 1, 2017 at 12:59:59 UTC(the first period)
700,000,000 EOS tokens (70% of the total amount of EOS tokens to be distributed) will then be split evenly into 350 consecutive 23 hour periods of 2,000,000 EOS tokens each beginning on July 1, 2017 at 13:00:00 UTC
100,000,000 EOS (10% of the total amount of EOS tokens to be distributed) will be reserved for block.one and can not be traded or transferred on the Ethereum network.
At the end of the 5-day period and at the end of each 23-hour period referred to above, the respective set number of EOS tokens set forth above will be distributed pro rata amongst all authorized purchasers, based on the total ETH contributed during those pereods, respectively, as follows:
As an example:
20EOS tokens are available during a period.
Bob contributes 4ETH and Alice contributes 1ETH during the period. The preiod ends. As a total of 5ETH were contributed for 20 EOS tokens duting the period, 1EOS token will be distributed for every 0.25 ETH contributed.Therefore, Bob receives 16 EOS tokens and Alice receives 4EOS tokens.
A lot of token distributions only allow a small amount of people to participate. The EOS token distribution structure was created to provide a sufficient period of time for people to participate if they so choose, as well as give people the opportunity to see the development of the EOS.IO software prior to making a decision to purchase EOS tokens.
The number of EOS tokens available during the first period of the EOS token distribution (i.e. the firts 5days) is higher than in subsequent periods in order to : (1) accommodate the current interest and demand that we have received for the EOS Tokens; and (2)help to more accurately determine early stage price discovery of the EOS tokens.
Founders tokens were allocated to block.ome pursuant to feedback we received from the community in order to ensure that block.one has aligned interests with those participating in the EOS token distribution.
the founders tokens represent 10% of the aggregate EOS token distribution(or 100,000,000 EOS tokens)(the founders tokens). The EOS token distribution smart contract does not permit block.one to trade or transfer the founders tokens duting the EOS token distribution period.
If an EOS platform adopting the EOS.IO software is launched, the default EOS.IO software configuration developed by Block.one will lock new founders tokens distributed pursuant to such EOS platform in a smart contract and release 10,000,000(10%) of such tokens to block.
One at the end of each one year anniversary of the genesis block over a period of 10 years. As mentioned above, EOS.IO software configuration of the EOS platform will be ultimately determinde by the community when someone other than block.one initializes a genesis block and stards a blockchain.
To participate in the EOS Token distribution,you will need an Ethereum compatible wallet or an application where you and you hold the private keys.
Private keys are need to correctily interact with smart contract functions,like transferring cyrptographic tokens. do not send ETH directly from cryptocurrency exchanges, only an ETH compatible wallet.
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