EOS is a blockchain architecture meant for scaling decentralized applications, with the help of a virtual machine. It allows for scaling up to millions of transactions per second without fees, which significantly speeds processing times. Built by Block.one, a Cayman Islands registered company, EOS seeks to provide an easily scalable and deployable platform for decentralized app development.
dApp support for cross-chain transactions and communications
dApps are easily updatable thanks to role-based permission structures
Developing interface with toolkits, self-describing interfacts and declarative permission schemes make dApp development a breeze
Delegated Proof-of-Stake removes the need for the mining arms race and allows anyone to claim a stake
EOS uses a Delegated Proof of Stake technology. Those who hold tokens on a blockchain adopting the EOS.IO software may select block producers through a continuous approval voting system. Anyone may choose to participate in block production and will be given an opportunity to produce blocks, provided they can persuade token holders to vote for them.