EOS allows a set levels of approvals that uses advanced online choices toolkit. This toolkit includes a program which creates a self -describing database. This means that data directed into the blockchain can be easily read by humans in a compressed form.
Scalability
This is the ability to accept a parallel operation of smart contracts in a concurrent processing of transactions. It also has simultaneous communication that is able to separate action and validation of transactions.
It will integrate delegated(proof of stake) agreement which is less centralized and faster. It can perform up to a million transactions per second.
Flexibility
EOS can fix failing or damaged apps. It can stop the app until the defect is resolved and then it updates the required codes. For example, if DAO hack had EOS in place, it would have frozen, solved the problem and updated the coding system without the need for a fork.
EOS is also flexible enough to allow you to run only the apps that you need. All nodes don’t need to run to keep the total state of the blockchain functioning. You only use what you need. EOS can also produce source codes and offer all-purpose role-based authorization.
Governance
EOS has rules and an established territory. The regulation binds the users to the constitution, establishes a common order for dispute resolution. Every user signs the constitution which can be modified to reflect the intent of the blockchain and the give guidance on dispute resolution.
It will also use individual funded community service applications that are chosen through a share focused vote.
Conclusion
The main aim of EOS is to offer solutions to slow speeds, high transaction fees, ability to scale, extraordinary user experience among other great results. It is still early to know whether EOS will live up to its promised designs and prospects. It has a lot of potential and a good team working to make it a great blockchain. Its able to facilitate broad use of technology even to those users who don’t have the technical knowledge.
It answers to particular needs while offering the basis for more advanced modification. With EOS, network congestion, agonizing forks, block sizes will be a thing of the past.
