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.
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.
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.
A prominent Korean Crypto YouTuber, KillaWhale, recently hosted a panel to discuss the Worker Proposal System of EOS. Some of the key points were: how it could benefit the token holders, how it could be corrupted, and why it is important for the future of EOS.
Josh from EOS Canada recently took some time to sit down with Yves La Rose (EOS Nation) to discuss the current design that is being proposed for the Worker Proposal System. It was part of his series to give insight to EOS token holders into the different proposals that will be up for referendum shortly.
Security is at the forefront of many crypto-enthusiasts’ minds. Securing your private keys and maintaining that security is no easy feat. EOS Canada’s multi-functional tool `eosc` has the ability to sign transactions offline from a cold wallet, making strong security accessible to all.