EOSIO is a software to decentralized apps developed under an open-source MIT software license. Providing accounts, authentication, databases, asynchronous communication and the scheduling of applications across multiple CPU cores and/or clusters.
EOS coin is an initial token that has the potential to scale to millions of transactions per second and eliminates user fees. We are honored to introduce EOS coin support in Atomic Wallet!
What is EOS crypto?
EOS.IO is a blockchain based platform created for deployment of industrial-scale decentralized applications.
The project was initially created by block.one. The main figure behind this company is Daniel Larimer, who is standing behind the BitShares exchange company and blog-platform Steemit.
EOS.IO was released as an open-source software in the middle of 2017 and received a rapid success. More than $4 billion dollars were raised after ICO.
What is EOS role?
EOS was initially created to solve current market problems: complicated processes of dApp (Decentralized Application) developments, low scalability, fees, and transaction limitations.
EOS runs as a vast virtual machine with RAM, CPU, GPU, and memory that provided by nodes. When developers run decentralized application they need to buy enough space and computing powers in EOS. In other words, they exchange EOS to resources provided by the platform. You can know more about it in our article: How To Create EOS Account.
One of the major innovations in EOS is horizontal scalability. The system can handle parallel execution of smart contracts and simultaneous transaction processing. Millions of transactions per second can be executed by the system.
EOS is developers friendly. The system can run plenty of programming languages for dApps, supports web toolkit for interface development, self-describing interfaces, database schemas, and a declarative permission scheme.
Where to store EOS?
You can store EOS and other 300+ assets in a non-custodial Atomic Wallet. It's a convenient and secured interface for cryptocurrency management. Only you control your funds, all private data never leave your device.
We are happy to provide you with the most convenient way for decentralized cryptocurrency managing. Read our article Centralized Exchange VS Atomic Swap, download the App and enjoy!