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EOS

Last Updated: June 26, 2024

EOSIO is a blockchain protocol based on its native token EOS which powers the blockchain’s network. EOSIO provides the foundation for the EOS public blockchain and other blockchain networks to run decentralized applications (dApps).

The EOS public blockchain is an open network designed to accommodate developers with prioritizations for performance, security, and stability.

Background

The EOSIO protocol originated from a development effort led by Dan Larimer and Brendan Blumer of Block.one. It supports C++ based automated, self-executing agreements, known as smart contracts, that are capable of expressing business logic and facilitating a wide range of use cases.

Launch

Based on a whitepaper published in 2017, EOSIO open-source software was released on June 1, 2018 on the EOSIO mainnet. With the blockchain launch, a billion tokens were distributed as ERC-20 by Block.one.

How does it work?

The system uses a delegated proof of stake (PoS) approach, and staking EOS gives users ownership of these resources proportional to the amount of EOS locked up in smart contracts. Block producers are rewarded with EOS tokens for each block they add to a blockchain.

Smart contract audit

April 20222023

Sources and Resources

Information on this page includes third party content. Such content has not been verified or endorsed by Bullish, nor does Bullish warrant that such content is complete, accurate, up-to-date or appropriate for your intended use. Any reliance on or interaction with such content is solely at your own risk. The Bullish Group and related parties engage in a range of businesses that may involve: trading their own assets on the Bullish exchange or elsewhere; holding or owning digital currencies or fiat currencies or derivatives contracts traded on or off of the Bullish exchange; or participating in or performing other services and transactions on the Bullish exchange or that relate to activity on the Bullish exchange. Please refer to the Exchange Terms of Service for how the Bullish exchange manages conflicts. Block.one is an indirect majority shareholder of Bullish Group, the parent company of Bullish (GI) Limited which operates the Bullish exchange.

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