AppStore at Maxima, or What is EOS?

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AppStore at Maxima, or What is EOS?

Those who have been keeping on top of the crypto world over the last weeks have noticed the EOS project to steal the show all at once. But there is still some hash about what it is all out for.

First, EOS is presents itself as the most developed infrastructure for decentralized applications (DApps). So its popularity rises together with that of Ethereum.

It is still to figure out how EOS is going to use this technology. The team has focused on Blockchain crucial components that many other developers just cannot deal away with. As an example, appropriate scalability can hardly be found among cryptocurrencies today. In this respect there are very few currencies with relatively stable network, let alone long-term prospects. EOS plans to support thousands of commercial DApps in the years ahead which itself sounds quite audacious.

They require parallel processing, asynchronous connection and process-independent authentication and putting all this into practice is going to be a tough call. What is more, the project’s white paper claims EOS to provide for flexible solutions the better part of other cryptocurrencies hasn’t managed so far.

EOS is also working on user-friendly interfaces as well as database and authorization schemes. They’ve got web tools for an interface which is sure to meet everybody’s eye in future. It is to be kept in mind that all these features are still at the initial stage of development, so there is still much work to be done before EOS can bear a dominant name of “the center of decentralized applications”.

Curiously enough, EOS also made its statement when it came to token selling. For instance, the team opted for using market price rather than fixed one. Currently the EOS price is rising day by day and the situation is unlikely to change any time soon.