WEOS Wrapped EOS

The EOS Network is an open-source blockchain platform that prioritizes high performance, flexibility, security, and developer experience. As a third-generation blockchain platform powered by the EOS virtual machine, EOS has an extensible WebAssembly engine for deterministic execution of near fee-less transactions.

EOS is the market’s most scalable, divisible, and programmable digital currency. EOS is a Delegated Proof of Stake (DPoS) network where stakeholders have the authority to select node operators. Due to the decentralized nature of the token distribution on EOS, power doesn’t reside in the hands of block miners, but rather all parties involved in the EOS Network.

The EOS Network is attractive because of its technology and community. It allows developers to build projects that other blockchains cannot support. The network is straightforward and has multiple tools and educational resources to help users acclimate to the blockchain.

The EOS Network is a 3rd generation Layer 1 blockchain that is low-latency and highly performant blockchain that liberates developers to align their build with what they imagine—bringing together programmable architectures, versatile blockchain infrastructures, and custom smart contracts. What makes EOS unique is its technological stack and resilient community.

The EOSIO software, which the EOS Network was built upon, was developed by the company Block.one and architected by Daniel Larimer.

In June 2018, the EOS blockchain was launched by a decentralized group of block producers (BPs) who bootstrapped the network based on a token distribution snapshot from Block.one’s ICO.

On August 25, 2021 consensus was reached by EOS block producers to fund the EOS Network Foundation (ENF), which was launched by Yves La Rose.