EOSIO, the most powerful infrastructure for decentralized applications, is a relatively new blockchain project on the cryptocurrency market. It aims to build a network that boasts millions of transactions per second. Today, we’ll take a deeper look at why some people believe EOSIO could be the start of an entirely new, decentralized internet. I’m Leslie Haas...and this is EOS USA News. In a recent article posted by AMB Crypto, here are 6 excellent reasons to keep an eye on this up-and-coming blockchain.
Number 1, EOS has a Reliable Background The fact that EOS has been developed by Block.one may be a good enough reason to invest. Block.one is headed by Brendan Blumer and Dan Larimer. Blumer is an inventive entrepreneur with a successful career. Larimer, better known for his technical skills, is the genius entrepreneur who designed Steemit and Bitshares. Brock Pierce is co-founder and one of the team members of Block.one. He is also the chairman of the Bitcoin Foundation and co-founder of Blockchain Capital. With these brilliant minds at the helm, EOS is off to a great start.
Number 2, The EOS software is Scalable Many blockchains have failed to impress the investors. As a result, mass adoption has not been possible. EOS was created with performance in mind. EOS has the ability to achieve high throughput by leveraging twenty-one specialized block producers and a host of parallel side chains.
Number 3, EOS has Excellent Technology Apart from providing an investment opportunity, EOS also comes with the best technology. Named accounts, roles and permissions, and sandboxing are just a few components of this 3rd generation blockchain.
Number 4, EOS is Well-Funded A blockchain cannot be successful without some ongoing funding. It needs funds which are reserved for the development of the ecosystem. EOS uses inflation to pay for network resources and has a maximum of 5% annual inflation. A part of this inflation is used to compensate the 21 top block producer positions, as well as the remaining stand-by positions. The token holders vote on how to use the remainder of the inflation.
Number 5, EOS had the Fairest ICO EOS has offered the longest ICO period to date, thanks to Block.one’s decision to ensure that anyone can participate. Owning EOS tokens is the same as owning a part of the project. In other words, Block.one will not be the owner or head of EOS. Block.one delivers the open-source software and any-one can run any-version on any-network. Consequently, token holders will own part of the EOS project as well as the pioneering Dapps that will be deployed on the main network.
Number 6, Future Airdrops New Dapps that deploy on the EOS blockchain can choose to “airdrop” their tokens to current EOS token holders. Simply put, EOS token holders are likely to get free tokens in the future. This is a great opportunity to earn passive income.
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Original Source : https://ambcrypto.com/6-reasons-to-in...