Eos.io is a platform and infrastructure for decentralized applications. It’s a project of block.one and Dan Larimer, the same guy who build Bitshares and Steem, is the lead developer.
If you’re completely unfamiliar with Eos then check out my article here which gives an overview of the project.
As mentioned, EOS bills itself as the most powerful infrastructure for decentralized applications.
It’s scalable, flexible, and usable with a web toolkit for interface development. EOS’ parallel architecture makes it scalable. Initial benchmarks show EOS can sustain over 10,000 transactions per second (TPS) and once it’s fully operational it’s supposed to do over 100,000 TPS. That’s more than Visa, Facebook, or Google. And more than Ethereum too.
Eos.io has been progressing nicely. Back in December it was announced the Dawn 2.0 had been released.
The Dawn 2.0 release provided an alpha implementation, a minimal viable test network. According to Eos.io, internal testing showed the network can sustain several thousand transfers per second and have 1 second blocks using single-threaded implementations on average hardware.
Today, Eos.io announced Dawn 3.0. The Dawn 2.0 and Dawn 3.0 code base has been merged and is now available as an Early Alpha, but it won’t be available on the public testnet until the end of Q1 2018.
The other big news, announced just a couple of days ago, is that block.one announced a joint venture with Mike Novogratz’s Galaxy Digital Venture Fund. Galaxy Digital will deploy capital for future invements in the Eos platform through its new Eos.io Ecosystem Fund.
Per Mike Novogratz, “EOS.IO is designed to enable new community-driven business models capable of disrupting the world’s largest technology incumbents. This milestone represents Galaxy Digital and Block.one’s joint commitment to investing in that future.”
Interest continues to build for Eos and we can see it reflected in the EOS price above. They’ll certainly have plenty of money to get off the ground.
For those interested you can follow Eos and their roadmap.
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