If you are not excited about the creation of the Eos platform, then I don't know what else you should be excited about!
The fact is a lot of steemians are still in the dark about what the Eos is about, I was too until I took it upon myself to do some research, check out what it entails and am going to share my findings with you!
Source
Eos basically it is meant to be a platform to support decentralized apps, (Dapps), an easy way for developers to create Dapps.
- what is decentralized apps?
An app without no central authority, that is not controlled by any single entity, apps without intermediaries/middlemen or centralized authorities like that of facebook with a central authority., an example of Dapps is steemit,its an open source blogging app that is just between the user and the provider, no third party, also ethereum, the first decentralized app is the bitcoin, it allows the transfer of value I.e financial transactions.
(I hope I have been able to explain it to your understanding, cause a lot of people find it confusing, I did too)
Now back toEos it is a business solution, entrepreneurs can utilize this platform to create profitable apps for their businesses without the help of a developer.
It promises the simplification of the process of development of apps in such a manner that allows businesses with no capabilities of blockchain to use the program.
The creator of Eos is none other than the co creator of steemit Dan Larimer @dan, along side CEO Brendan Blumer of the block-one and a host of others who make up the Eos team.
They are putting together this app,so entrepreneurs can have more freedom to run their businesses around the world.
The platform is an innovative one, with a much better approach to crypocurrency, striving to be a better and efficient version of Ethereum, achieving the status of the 2nd biggest blockchain platform.
The EOS app of course requires a lot of funding and they have been able to tackle this with the sale of tokens.
There has been a distribution of 1,000,000,000
Ethereum tokens going on for a while now, soon to come to an end because it started last year I think June(correct me if am wrong).
The sale of the tokens goes for a year and every day a certain amount of tokens is sold. It is the longest process of coin offering reason being to stabilize the price and gain more recognition.
EOS is different from Ethereum for the fact that creating decentralized apps is more complicated with codes, features and not everyone can do that without the help of a paid developer, so its hard mode.
Eos is easy mode as an operating system for the creation of smaller apps, with simplified methods to go about it.
It also provides basic services, data base and account management etc
You can read more about Eos in the white paper, it describes the proposals for the apps and you can follow @eosgo for regular updates on the growth of the app.
Please share your thoughts below!
