One of the differentiators that sets EOS apart from other blockchains is its resource staking mechanism -- users get access to chain-wide CPU and bandwidth resources by staking EOS tokens. However, with the incredible user and dapp adoption that we’ve seen, resource staking has also become a bottleneck at times. Block Producers and Block.one have both been working to resolve these issues.
Months ago, EOS Canada began work on a smart contract to fulfill the promise of on-chain referenda for the EOS mainnet. The eosio.forum contract is now ready to become a system contract. We have created a multisig proposal for review by Block Producers and would like to run through the proposal.
Keen observers will have noticed that on the EOS blockchain there are system accounts that control various functions. These are all denominated by the prefix eosio.*. At EOS Canada, we felt it would be useful to provide an overview of which system accounts exist, and what they each control.
Brandon Parker, also known as HappyMoneyMan, invited Alexandre Bourget to his podcast "The EOS Podcast" to discuss all things EOS. They focused on our new dfuse API, sidechains and interblockchain communication, decentralization and when it adds value, microforks and the CPU issues that may cause them, and much more!
Microforks can happen on any blockchain. Alexandre explains what a microfork is, when one would happen, and why it would happen.
Still have questions? Join us in our Telegram channel
Still have questions? Join us in our Telegram channel.
EOS is very exciting, but if you don’t know where to begin to understand what it does, you’re not alone. EOS Canada has become known for our position of Leading Through Technology. As a team of deep technologists, we have tried our best to disseminate our understanding of EOS in a way that is accessible for all potential users through many videos and articles.
A unique feature of EOS compared to other blockchains is that it allows a user to create a unique, human-readable account name. This helps to alleviate issues that arise through the use of public keys or public key hashes as the main identifier of an account, i.e. the long strings of characters seen on the Bitcoin and Ethereum networks.