Dear ATOMARS Community,
We are pleased to announce the listing of the EOS (EOS) on ATOMARS exchange. EOS (EOS) deposits are effective starting from November 14, 2019 and the following trading pairs will be available: EOS/BTC, EOS/ETH, EOS/USDT, EOS/USDC, EOS/PAX, EOS/TUSD, EOS/DAI.
EOS PROJECT SUMMARY
EOS is a platform that was built for developing Dapps. Like most blockchain projects, EOS has its own token that it uses to raise money and track usage. The project has been referred to as a blockchain operating system. The aim of the project is to provide developers with the tools necessary for building apps and full-scale applications within the EOS blockchain network.
EOS was launched in 2017 by Block.one, a blockchain development company which now focuses primarily on the project. Customers seeking to develop their programs on the EOS platform must first buy tokens which are used to fund development. Developers are required to own a certain number of tokens to use the platform. These tokens can be purchased on an open market
EOS (EOS) FEATURES
Blockchain apps often face limitations to their resources. However, this architecture has not yet reached mass adoption which presents a problem for a technology that depends on networking and network interaction to function effectively.
EOS provides new scalability solutions. These include greater access to resources and parallel execution. These solutions will help many developers use the network simultaneously, which will help to overcome resource bottlenecks.
Token Holding Model
With most blockchain projects, users are required to consume tokens like coins at an arcade: a user purchases a token and then spends it in order to access the project for a given period of time (this is referred to the transactional model).
EOS is advertised as a free access model. This isn't completely accurate, but it is the closest comparison in relation to any other blockchain project currently available. Rather than consume tokens, the network only requires users to own tokens with access being granted based on number of tokens you hold. This means that when developers buy their tokens, they can pay once upfront in exchange for permanent access to the EOS development network
Block.one has released a development kit for EOS, which is generally seen to be more feature heavy compared to its competitors. Programmers receive development kits which are the set of tools that help in creating apps on applications, which essentially gives them access to what the platform was designed to do. The more sophisticated the development kit is, the more likely it is that the developer can solve big problems and create similarly sophisticated apps.
Unlike most blockchain projects--even those that deal with app development--EOS enables developers to create new accounts right on the blockchain database. This helps in creating new apps quickly and easily. It also makes the network more efficient by taking an essential and often repeated task and making it part of the system’s architecture.
EOS is built on the proof-of-stake model. What this means is that the network of computers that form the EOS blockchain are organized based on how many tokens participants own. Participants with more tokens have a greater role to play in storing and resolving data on the EOS network. This is generally considered to be a more efficient model than the proof-of-work model originally developed for blockchains.
This may be the project’s best idea, and it is a simple one. EOS was designed with inflation in mind. As the project continues to grow, it will keep releasing new tokens. If done right, this will solve the Bitcoin hyperinflation problem, helping to keep the value of EOS tokens at consumer-friendly price points.