FAQ
Antelope
How does Antelope relate to EOS?
Antelope is the underlying blockchain protocol that EOS relies upon to power the network. The Antelope protocol itself is developed and funded in large part by the EOS Network and its team of engineers, as well as through collaboration between other members of the Antelope Coalition, the Telos, UX and WAX blockchains.
What is Antelope?
Antelope is a highly performant open-source blockchain platform, designed to facilitate secure, compliant, and reliable digital infrastructures. It offers comprehensive support for both public networks like EOS, Telos, and WAX, as well as private networks. With its remarkable speed, adaptability, and future-oriented approach, Antelope empowers developers, entrepreneurs, co-creators, and institutions to embark on their endeavors with unwavering confidence, fostering a fertile ground for building and unleashing innovation.
Community
How can community members support the development of the EOS Network?
The EOS Network is constantly expanding thanks to the dedicated work of community members around the world. Whether you’re a developer, project owner or other type of ecosystem contributor, everyone is welcome to take part in building the future of Web3 on EOS. A great place to start learning about EOS from a development standpoint is through the EOS Documentation and the EOS Learn & Earn portal.
If you’re looking to launch a project on EOS or want to contribute a skill that might be valuable to the network, explore the funding avenues available on the EOS Funding Page. A great place to start getting involved if you’re new is by submitting a grant application to the next season of Pomelo. Want to connect with the community more directly? Come out to our weekly EOS Fireside Chats, hosted on the EOS Community Discord, every Wednesday at 3pm EST.
Who is part of the EOS Network community?
The EOS Network community is at the forefront of building the new Web3 enabled internet infrastructure. From first-time blockchain application users, to experienced crypto traders, to seasoned full stack developers and network operators; everyone who is committed to the EOS Network is considered a member of our community. This includes our family of grant recipients, organizations building on Antelope, EOS token holders, and anyone generally interested in broadening their skills with our various tools and resources.
EOS
What is Recover+?
Recover+ (R+) is a cyber-security portal and rapid incident response program within the EOS Network. It is designed to safeguard EOS DeFi projects and their users through the use of bug bounties and white-hat incentives. Recover+ also offers an avenue to move swiftly and recover stolen funds in the event of a malicious hack. Here’s an example of how Recover+ recently intervened and froze stolen funds.
How reliable is EOS?
EOS is considered one of the most reliable blockchains today. With zero downtime since June 2018, EOS is among the longest-running blockchains alongside the likes of Bitcoin and Ethereum.
How performant is EOS?
The extremely fast performance of EOS is due in large part to EOS VM, a low-latency and highly performant WebAssembly engine which enables the EOS Network to execute smart contract code while keeping transaction costs low. EOS allows developers to do more and waste less by effortlessly optimizing and integrating digital resources.
How flexible is EOS?
EOS was purposely designed with a native permission system that allows users to easily secure their EOS accounts with multiple keys that can further be configured to have limited access to different smart contract actions. This flexibility enables developers to accommodate leading use cases as they continue to emerge in the Web3 space.
How scalable is EOS?
What are the benefits of a Delegated Proof of Stake (DPoS) consensus mechanism
The primary benefit of having such a consensus mechanism is that the EOS Network can consistently maintain a low latency in transaction processing, while minimizing missed blocks caused by networking issues. This is due to the network having a relatively stable set of active professional BPs who optimize their infrastructure for high performance.
A secondary benefit is that the 21 active BPs effectively act as representatives of the token holders, which allows them to efficiently reach governance decisions through on-chain multisig approvals. This includes issues such as activating consensus upgrades to enhance the blockchain protocol, or adding new features provided by system-managed smart contracts. Here is an example of how EOS’ underlying DPoS consensus mechanism enabled BPs to intervene and freeze stolen funds.
Where can you store EOS?
It’s important that EOS token holders take the necessary steps to ensure the safety and security of self-custodied funds. Token’s are held within EOS accounts which can be leveraged using one of the following wallets:
- Anchor wallet
- Wombat
- TokenPocket
What is the EOS token?
The EOS token is the native utility token of the EOS blockchain. EOS provides holders with several key benefits including a fast and secure medium of exchange, governance in the direction of the network, access to network resources and more. Learn more about the EOS token on the EOS Tokenomics web page.
What is EOS Network and who governs it?
The EOS Public Blockchain was created by thousands of developers around the globe who harnessed the power of Antelope to write the future. Today, it is among the most active public blockchains in the world. The EOS Network is governed by the token holders who vote and select block producers, as well as the block producers themselves who participate in validating transactions and securing the chain.
Where can I find documentation for EOS?
Documentation for EOS can be found in the EOS Developer Documentation. Get started developing smart contracts on EOS easily with both EOS native tooling in C++ or EOS EVM tooling in Solidity. Further developer materials can be found in the EOS Network Foundation (ENF) Learn & Earn portal as well as the ENF GitHub.
What prerequisites do I need to build on EOS?
Building on EOS requires you to know the basics of smart-contract programming, as well as a basic understanding of blockchain technology. At the native layer, developers typically interface with EOS technology through C++ and Docker Utilities for Node Execution (DUNE). Having a basic understanding of Solidity programming and EVM based dApps is also enough to get started building on the EOS EVM. There are a variety of documentation and tools available to help you learn, whether you are a novice or an expert. Visit the Developer Documentation to get started.
How do I get started on EOS?
Developers can learn, build, and deploy projects on EOS with resources in the Learn and Earn portal. The program empowers developers, ecosystem contributors, and other blockchain enthusiasts to learn core concepts and explore the capabilities of EOS. The Blockchain Basics section of the developer documentation is another great place to start.
End users can check out the Introducing EOS webpage, then jump into the wide array of dApps that are live on the EOS Ecosystem page. Both builders and users are encouraged to join the EOS Community Discord and connect more directly with other Web3 enthusiasts that are passionate about EOS.
Why build on EOS? How is it different from other blockchain technologies?
EOS is an open-source platform that stands out with its exceptional transaction speeds (10,000+ TPS), 500ms block times, flexible account permissions including multi-signature support, extremely low costs, and upgradeable contracts, and to simplify user experience, EOS uses human readable account names rather than ambiguous public keys.
EOS also has the capacity to continuously upgrade its network without contentious hard forks, and does so through a coordinated Spring and Fall release cycle that rolls out new features and capabilities for the network.
Because of its unique permission structure, EOS allows applications to abstract away the complexities of account and resource management to deliver a seamless and intuitive experience for end users.
Where can I learn more about EOS product releases?
EOS is an evolving platform built to facilitate the deployment and operation of reliable, secure, and scalable decentralized applications. The EOS Network Foundation (ENF) continues to address developer and industry needs, while enhancing the overall capabilities of EOS. The goal of these upgrades are to continue making it faster, more configurable, reliable, and accessible to a wider range of developers, as well as public and private institutions.
Regular news about the EOS ecosystem and EOS product releases can be found in the ENF Blog, ENF Github and the ENF Twitter.
What does governance look like on EOS networks?
Typically EOS networks operate under a delegated proof-of-stake governance model, where the parameters of exactly how many delegates are involved, and other factors, can be altered by a network architect. However in private implementations, this governance method may vary by the operators. Since governance on Antelope is highly configurable, the default state is Asynchronous Byzantine Fault Tolerance Delegated Proof of Stake, it can be configured in a number of ways to meet a given particular use case.
How does EOS manage fees?
Unlike other networks which take a fee per-transaction, transaction fees on EOS are paid in batches based on your expected usage. This means that end-users have to manage fees less, and are able to process more transactions at a lower cost.. Applications are also able to fully abstract the fees aspect of a dApp away from the end-user by sponsoring their usage of the network, both in terms of network costs and storage costs. These features contribute to making EOS one of the most flexible and user-friendly networks in existence.
What projects are being built on EOS?
The EOS community is composed of blockchain enthusiasts—including individuals and institutions—that build, collaborate, and innovate to bring new applications and business models to the market. Currently, EOS powers some of the most used applications in all of blockchain including notable dApps such as Upland, WordProof, BBS, Defibox, Hypha, Chintai and more...
The recent launch of the EOS EVM has opened up the EOS ecosystem to the world of Solidity applications. Since it deployed, the EOS EVM has seen a consistent stream of dApps deploying. Explore the entire #PoweredByEOS ecosystem on the EOS Ecosystem web page.
How to create an EOS Account?
This guide from EOS Support provides an in depth walk through on how to create an EOS native account with all major services. It’s important to note that all of this information is for creating an account on EOS native. The EOS EVM can be interfaced with using a traditional EVM based wallet, such as MetaMask. Check out this guide in the EOS documentation to learn how you can connect MetaMask to the EOS EVM.
How to get involved within the EOS ecosystem?
If you are interested in learning more about projects in the EOS global ecosystem or want to build on the EOS Network, the ENF offers a myriad of opportunities for you to start learning, earning, and developing in the world of Web3.
Through direct grants, sponsored working groups, and long-term product development, the EOS Network Foundation takes a birds-eye view of the EOS Network to ensure that funding flows freely to projects and products that contribute to the growth, development and worldwide adoption of EOS as the open web of the future. This creates positive-sum games, which allow EOS to continue maturing as a best-in-class blockchain ecosystem.
Learn more about the EOS Ecosystem and how to start your journey with the EOS Network.
What is next for the EOS Network?
The EOS ecosystem has experienced a strong resurgence of development and community activity. With engineers, creatives, industry thought leaders, and other contributors supporting the ecosystem and co-creating within the rapidly evolving Web3 space. With its extremely reliable foundation, whether through ventures such as the industry leading EOS EVM, forays into GameFi, DAOs, and more, EOS is poised to be a leader in innovation for years to come. To find out more details of what’s coming up next for EOS, check out the roadmap.
What makes EOS different from other blockchains?
The EOS Network’s core infrastructure is designed to provide developers with the flexibility, reliability and security they need to bring their ideas to fruition. EOS is constantly innovating: The EOS blockchain features upgradable smart contracts, advanced permission schemas, forkless upgrades, time-based and custom-weighted MSIG functionality built into the protocol itself, re-keying of accounts, as well as functionality that empowers dApps, smart contracts or other users of the network to pay for the on-chain resources of another network participant. On top of all this, it is among the most performant and reliable L1 blockchains in existence with over 5 years of continuous uptime and able to handle over 10k transactions per second. Furthermore, EOS is part of a family of blockchain’s all building on the Antelope protocol, which enjoy trustless IBC between chains, and near infinite horizontal scalability through side chains.
Is EOS proof-of-stake (PoS)?
Delegated Proof Of Stake (DPoS) is the underlying consensus mechanism of EOS. While anyone can run a node to fully validate the EOS blockchain in a trustless manner, only selected entities known as Block Producers (BPs) are allowed to produce blocks and determine the canonical blockchain. Unlike Proof Of Stake (PoS), the validating entities taking part in the consensus process are not required to lock up tokens. Instead, individual token holders delegate their share of tokens to their preferred BP candidates. The top 21 candidates ranked by aggregate delegated token stake are selected as the active block producers.
Token holders can change their delegations at any time, and within minutes the selection of the 21 active BPs can automatically change. So the BPs only maintain their privileges for as long as the delegating token holders continue to trust them to carry out their responsibilities.
What are EOS token utility and maximum supply?
The EOS Network’s native token, EOS, is used to purchase or rent access to network bandwidth and storage capacity, to secure governance rights within the EOS Network, to transfer value on native applications, and to account for value by investors and speculators.
EOS has a 3% rate of inflation with no limited max supply. There is a current total supply of 1.14B EOS tokens, with a circulating supply of 1.08 B.
How does EOS work and operate?
The EOS Network is a 3rd generation blockchain platform powered by the open-source Antelope framework which enables optimal Web3 user and developer experiences. Antelope features: EOS VM, a low-latency and highly performant WebAssembly engine which enables the EOS Network to deterministically execute smart contract code while keeping transaction costs low; a native permission system which allows users to easily secure their EOS accounts with multiple keys that can further be configured to have limited access to different smart contract actions; and, a flexible architecture that keeps much of the blockchain functionality at the smart contract layer enabling the EOS Network to remain agile and to allow token holder selected representatives to reach consensus on adopting new enhancements to the platform often without requiring a difficult to coordinate hard fork of the network.
The EOS Network is the flagship blockchain and financial center of the Antelope protocol, serving as the driving force behind multi-chain collaboration and public goods funding for tools and infrastructure through the EOS Network Foundation (ENF).
What is EOS used for?
The EOS Network provides a world-class, robust, smart contract functionality that enables developers to build the best-in-class decentralized applications (dApps) easily. Thie plays a critical role in facilitating the open web of the future and, in so doing, powering the Web3 economy. EOS is designed to be exceptionally fast, infinitely scalable, and user-friendly for its developers and end-users.
EOS is unlocking use cases that are redefining sectors as diverse as finance, gaming, sports and art—at the retail and institutional level, and it is set to have a transformational impact beyond this domain.
EOS EVM
Can I transfer USDT or other tokens that aren’t EOS with the EOS EVM trustless bridge?
No, currently the EOS EVM trustless bridge only supports the transfer of EOS between the EOS EVM and EOS Native. There have been instances of users sending tokens other than EOS to the eosio.evm account which hosts the trustless bridge smart contract. It’s important to note that these types of transactions are NOT supported by the bridge and any funds transferred in this way risk being lost. With that said, adding this feature will be included in an upcoming roadmap.
What are the other EOS EVM projects in the Ecosystem?
The EOS EVM ecosystem is constantly expanding. A list of current dApps, wallets, and other integrations can be found on the EOS Ecosystem page.
Where can I learn more about the EOS EVM?
The following resources are a great place to start learning more about the EOS EVM:
How can I share my EOS EVM project on the EOS Ecosystem page?
If you’re involved in a project built on EOS that you would like included on the ENF EOS Ecosystem page, you can submit a request through this form. Then, a team member from the ENF will review your application and determine the eligibility of the submitted project. If your project qualifies, it will be included in the next update of the web page.
What security measures has the EOS EVM undergone?
The EOS EVM has undergone a robust audit by the auditing agency, Sentnl. Sentnl is a notable agency with experience in both Ethereum and Antelope environments. The audit report will be made available to the community upon completion.
What are the primary domains for interfacing with the EOS EVM on testnet & mainnet?
The mainnet domains for the EOS EVM are as follows:
- Ethereum Compatible RPC Endpoint:
api.evm.eosnetwork.com - Token Bridge: bridge.evm.eosnetwork.com
- Block Explorer: explorer.evm.eosnetwork.com
- Ethereum Compatible RPC Endpoint:
api.testnet.evm.eosnetwork.com - EOS EVM Block Explorer: explorer.testnet.evm.eosnetwork.com
- Token Bridge: bridge.testnet.evm.eosnetwork.com
- Token Faucet: faucet.testnet.evm.eosnetwork.com
Why can’t I send tokens to a CEX such as Binance through the EOS EVM bridge UI?
After launching on mainnet the EOS EVM engineers learned that central exchanges are not able to receive this type of transaction without additional integrations on the exchange side. While everything functions properly on the blockchain side of the transaction, the deposit will likely be blocked by the exchange and not appear in the user's balance, as well as risk a permanent loss of funds.
The reason is because the current token bridging transactions rely on the inline transfer mechanism implemented in the EVM smart contract. Many centralized exchanges are not monitoring these types of transactions by default. The EOS EVM engineers are aware of the issue and toward the solution, which is to have central exchanges enable in-line actions, as described in this document. But, this will likely take some time due to the need to coordinate with each individual exchange.
In the meantime, these types of transactions are being blocked through the front end of the bridge UI. While these types of transactions are not being censored and could be executed through the smart contracts, it is not recommended as it could result in the users funds being lost. Any user attempting this type of transaction would be doing so at their own risk.
The current solution to transfer EOS from EOS EVM to a central exchange is to create an EOS native account, then bridge your tokens from the EOS EVM to your EOS native account and send the tokens from the EOS native account to your exchange address.
How can I move EOS from an exchange to the EOS EVM?
If you’ve purchased EOS on an exchange or hold EOS within an EOS native account, it can be transferred in and out of the EOS EVM utilizing the trustless bridge: bridge.evm.eosnetwork.com
To transfer into the EOS EVM, send your tokens to the EOS account eosio.evm with the memo set to the address of your EOS EVM account, created in a wallet such as Metamask. Upon completing the transaction, your EOS will arrive in your account on EOS EVM.
When you are ready to withdraw your tokens, navigate back to the trustless bridge page and select the withdraw tab. To transfer back into an exchange, you will need to create an EOS native account and bridge your tokens from the EOS EVM to EOS native. From EOS native you will be able to transfer your tokens to the exchange, utilizing a wallet such as Anchor. If the exchange requires a memo field, be sure to enter it before signing the transaction.
For more details on the architecture of the EOS EVM trustless bridge check out the EOS EVM Tokenomics Deep Dive.
Are there any functionality limitations that can be achieved on Ethereum and not on EOS EVM?
No, the EOS EVM offers feature parity to the Ethereum EVM environment. Any function that can be executed on the Ethereum network can also be executed on the EOS EVM. Developers coming to the EOS EVM from other EVMs will find that the ecosystem is extremely similar and easy to familiarize themselves with.
What is the gas fee and how does it work in EOS EVM?
The gas fee is what covers the cost of a user transaction on the EOS EVM. While there are no gas fees on EOS native, gas fees are part of the traditional EVM architecture and an important part of the way users interact with EVM based smart contracts. So, a gas fee has been built into the design of the EOS EVM. A user pays the fee on EOS EVM in their wallet the same way they would on any other EVM based chain. Then those resources are sent to EOS native to cover the resources being used by the EOS EVM smart contract in order to execute that action.
What programming languages can be used to write smart contracts for EOS EVM?
Due to the feature parity of the EOS EVM to the Ethereum network, any programming language executed in the Ethereum environment can also be utilized on the EOS EVM. The most prominent language for Ethereum is Solidity, but other Ethereum compliant languages such as Vyper, Yul and Yul+ are also compatible.
What is the difference between EOS Native and EOS EVM?
EOS native is the base layer of the EOS network, utilizing Antelope architecture and a delegated-Proof-of-stake consensus mechanism. Many of the basic primitives of blockchain, such as smart contracts, wallets, and network nodes, are present on EOS native, but the overall architecture and user experience are quite different from Ethereum.
From a developer perspective, on EOS native, smart contracts are developed using C++, a popular language among traditional developers due to its speed and robust libraries. Other languages, such as Rust, can also be used on EOS native, but the base layer of the network is executed in C++. On Ethereum, smart contracts are primarily written in Solidity.
Additionally, developers on EOS native have the option to stake resources for their users, removing the need for a traditional wallet in certain applications and allowing for an experience that is much closer to Web2. On Ethereum, users must always have a traditional wallet to interface with the blockchain.
The user experience also differs in that the gas fees that are present on EVMs are not part of native. Instead, users stake tokens to cover resources that can be used for a number of transactions. The cost of this is extremely negligible. EOS native offers even faster transaction times than the EOS EVM with 0.5 second block times and up to 10,000 transactions per second. Those interested in learning more about EOS native can check out the EOS documentation.
How does EOS EVM differ from other EVMs?
The EOS EVM is extremely performant, as it’s designed on top of the powerful EOS native network. EOS EVM will offer negligible gas fees and transaction speeds that are faster than any other EVM on the market. From a development standpoint, it is more compatible than other Ethereum alternatives thanks to design choices such as one second block times.
More details on the technical features and architecture can be found in the EOS EVM Architecture Deep Dive.
What is an EVM and what does it do?
EVM stands for Ethereum Virtual Machine, the original EVM is an engine made up of a series of Solidity smart contracts that powers the Ethereum ecosystem. It allows for users to interface with the Ethereum network and for developers to deploy decentralized applications (dApps) that are written in Solidity.
Since the launch of Ethereum, a number of other EVMs have been released that are meant to improve upon the original EVM by overcoming issues such as scalability. The EOS EVM serves a similar purpose, by allowing projects that were built on the Ethereum network to be launched on the EOS network.
EOS Labs
What qualifies Huaqiang Wen to lead EOS Labs?
Huaqiang Wen emerged as a prominent figure in the EOS community, recently taking the helm as the leader of the EOS Labs initiative. Wen’s association with the EOS community is deep-rooted, and his expansive experience within the blockchain industry positions him as a force to be reckoned with.
Wen’s journey in the EOS ecosystem began back in 2018 when he was part of the eoshuobipool block producer team during the EOS super campaign. Here, he took on responsibilities related to node operations and voting agents. Over the years, Wen has notched up a series of achievements and affiliations that are a testament to his deep involvement and expertise. demonstrating his proactive contributions, he was instrumental in launching the Kylin testnet and co-founding BOScore, an Antelope based blockchain. As a founding, and current ENF board member, Wen has played a significant role in the organization’s undertakings. In addition, he has been instrumental in the formation and operation of EOS Network Ventures.
With a career that spans many years in the blockchain sector, Wen’s familiarity with the exchange and mining pool business is unmatched. His position as former CTO of Huobi pool allowed him to deeply understand the intricacies of the blockchain space. Since 2020, his focus has been sharpened on the development of Ethereum DeFi and the public chain ecology of exchanges, leading him to launch several DeFi products.
How will EOS Labs be funded?
Initially, the ENF has pledged to reallocate 25% of its funding (.5% inflation) to EOS Labs. We will invest funds in the incubation of the project team, and let the community and BP continue to supervise. In the future, should the Block Producers approve, we will appeal for a programmatic .5% of inflation to be directed to EOS Labs through eosio.saving.
Are there plans for KPIs to be tied to funding of the EOS Labs to assess the value add?
Right now the ENF is doing a lot of this work but is limited in what it can do and how it can do it because of its structure, similar to how the ENV is limited to investments. EOS Labs would be the bridge between, taking over many of the functions of business development from ENF. KPIs would be similar to how the ENF tracks them. We believe there would be better efficiency in budget, in the way that we’re running these programs, by separating out the roles. EOS Labs would, as an independent organization, be accountable to the Block Producers, in the same way that the ENF is.
For EOS Labs we have KPIs internally, TVL is a very important indicator. The daily user number and daily trade amount are also critical for us to track. We will mainly be focused on the metrics tracking overall ecosystem growth.
How does the mission of EOS Labs relate to, or overlap with the mission of EOS Network Ventures?
EOS Labs is more focused on incubation and research whereas the ENV is more focused on making investments. The separation of these roles is a compliance design. The ENV cannot perform all roles, such as business development. Some tasks, such as market research, overlap with the ENF, so Labs can take on some of those areas where deemed appropriate.
Will EOS Labs tend to develop a comprehensive ecology or is it more inclined to develop a certain sector first, such as NFT, DeFi, or GameFi?
Overall development is the target for the long run but currently EOS Labs is focusing on DEXs. Trading is the most important application and EOS Labs will be developing comprehensive data for DeFi, and will also continue developing GameFi.
Will there be a focus on EOS EVM or EOS Native development?
Given that the majority of DeFi development and associated deal flow is built around the EVM, EOS Labs’ initial focus will be on the EOS EVM. While the priority is on EOS EVM, Native EOS application development will also continue. EOS offers a trustless bridge allowing anyone to connect seamlessly between EOS and EOS EVM, so the choice is on the customer.
Concerns have been expressed that EOS Labs’ focus on the EOS EVM means giving up the development of the original EOS ecosystem and giving up the advantages of Antelope—this is not the case. In the near future, EOS Lab’s work will focus on EVM, because there are more developers and protocols in the EVM ecosystem, and for the moment, EOS needs them the most. The performance advantages of EOS EVM are undeniable, and it is precisely because of the powerful underlying layer of Antelope that one can understand the entire EOS EVM as a native APP on EOS. EOS EVM’s growth is also the growth of EOS Native.
Who will lead EOS Labs? What resources are required?
Huaqiang Wen will lead EOS Labs, along with a team of about five people, plus researchers and specialists. EOS Labs is currently welcoming referrals of those who are familiar with DeFi and GameFi, and soliciting resumes for positions in technical research, business development, and product management.
Is EOS Labs planning to take equity in exchange for investment, similar to a pre-seed VC? Or is it still more akin to grants?
In this formative stage it is too early to give specifics. EOS Labs will work to disclose more information around this topic as it becomes known.
How will EOS Labs be better than competing systems that are already available?
EOS Labs will attract more professional people from investment institutions, CEXs, media, etc. At the same time, Labs is data-driven and can quickly iterate solutions based on analysis of the latest information.
Are there any projects that EOS Labs has in mind for funding?
Yes, there are some projects EOS Labs is negotiating with. However, specific project details will remain confidential at this time.
Where will EOS Labs be incorporated, and what kind of entity will it be?
EOS Labs is still in the process of determining the most optimal structure to serve the needs of its mission.
How does EOS Labs intend to return value back to the EOS ecosystem?
By connecting web3 companies with crucial resources, insights, and infrastructure, and strengthening their prospects for success, EOS Labs will play an instrumental role in building bridges for more projects to launch on EOS and help to create a more prosperous EOS ecosystem.
Wiki
What are block producers?
Block producers play a key role in the operation of the network. Block producers verify transactions on the EOS network by collecting transaction data and storing that information in blocks. Once a block is prepared, block producers broadcast the block to the network for verification. After the block is verified, the transaction data is uploaded to the blockchain by the block producer who prepared it.
What is a smart contract?
A smart contract combines a legal contract with a form of computer code to automate the execution of specific terms of an agreement between parties in an objective way. Some distinguishing characteristics of Antelope smart contracts include being written in C++ and the capability of sustaining upgrades after deployment without disrupting the blockchain network.
What is a blockchain?
A blockchain is a digital ledger that contains a comprehensive and replicated record distributed across a network of computer systems. It facilitates secure and scalable data transfers on a large scale. The transactions within the blockchain are publicly verifiable and protected through advanced cryptographic techniques, ensuring a high level of security.
What is a DAO, and how does it function?
A DAO, or decentralized autonomous organization, is a core component of the EOS Network. DAOs operate according to the democratic desires of their membership, who vote on the direction, and development of their community.