Pioneering the future of smart contracts with EOSIO

  07. April 2023, von Sebastian

what is eosio

Recover+ (R+ for short) is a cybersecurity portal and rapid incident response program designed to safeguard EOS DeFi projects and their users with bug bounties and white-hat incentives. With a response program, stolen funds can be recovered swiftly in the event of malicious hacks. EOS was launched in 2018 using open-source technology from Cayman Island-based company B1.

In-keeping with this impetus, while in Cape Town organized a tree-planting and knowledge exchange visit to a local primary school to learn about local conservation and resource management issues.

Rebrand drives token higher

This concept is an attempt to combine the best elements of a republic, democracy, meritocracy and decentralized autonomous organizations. The message will be sent to the BP node which will load the smart contract WebAssembly instance and call the apply() function. These goals, as well as the large browser ecosystem working to continuously improve it, make WASM a great choice for smart contract execution platforms. The coalition will focus its efforts on the areas where the chains overlap and on alignment to advance the underlying core protocol and the tooling around it. The use of Antelope as the underlying blockchain is significant, since support for EOSIO (EOS) was discontinued by

Unlike most blockchain networks like Bitcoin that use the proof-of-stake consensus protocol that’s open to all, EOS uses the Delegate-proof-of-stake protocol. This implies that there are only 21 block producers that can validate an EOS transaction, and they are elected by the EOS coin-holders. And the higher the number of EOS coins you own, the higher the chance of being elected as a block producer. The working of the EOS blockchain differs in this regard as it bestows its user’s ownership of the network resources (e.g., computing power) in direct proportion to the tokens they hold. Antelope is an open framework blockchain and a community-run codebase.

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Permission for any given authority can be assigned to one or multiple public keys or a valid account name. That is an authority can have multiple keys or accounts as its permission level. In his previous role, he discovered the power of blockchain and its benefits as an immutable, transparent and multiple-parties ledger. Having originally grown up in China and spending a number of years in Europe, Han Liu is happy to be back in Hong Kong surrounded by its Asian heritage, diverse cuisine and multicultural environment. Within just a couple of years after the launch, EOSIO (EOS) established itself as a well-rounded blockchain platform and became well-recognized for transaction fee removal.

what is eosio

Media coverage of the blockchain and cryptocurrency sector is often quick to highlight the huge levels of energy consumption involved in producing, or “mining” some cryptocurrencies. What is all too often missed out, however, is that there are alternatives. In particular, EOSIO – the open-source protocol developed and published by’s engineers – offers an infinitely more efficient way to run a blockchain, and one that consumes a tiny fraction of the energy.

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In November 2017, EOS started to rise, to reach an all-time high of around $13 in January 2018. The market capitalization of EOS has grown nearly ten-fold in the first 6 months. is a Gibraltar-based what is eosio licensed platform that provides crypto exchange services for European, UK and Australian residents. is a US-based licensed platform that provides crypto exchange services for US residents.

Is EOS a stable coin?

It has a circulating supply of 2,642,505 EOSDT coins and a max. supply of 170,000,000 EOSDT coins. EOSDT describes itself as the first USD-pegged decentralized stablecoin based on the Equilibrium framework and the EOS blockchain. EOSDT is transparently backed by EOS collateral sitting on smart contracts.

All EOS-based apps are upgradeable and modifiable meaning users can implement code fixes, and make additions or changes in the application’s features and logic. Moreover,  rather than dealing with permanent bugs, the EOS network allows developers to renew their dApps. To advise us on the use of blockchain technology and build the necessary tools to implement Liberland’s DAG, we are pleased to announce a collaboration with the independent tech collective, Ghostbusters. EOSIO programs are typically written in C++ and then compiled into a smart contract for execution on an EOSIO blockchain.

Developed by the software publisher, it has been expanding its community and actual usage in a global scale. The Free Republic of Liberland welcomes all members of the EOS community and other blockchain projects to participate in building a true decentralized and free country. […] Liberland is building its whole fundamentals on blockchain, the backbone of the country.

what is eosio


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