Blockchain Operating Super System.

It has a lot of potential that is misunderstood quite a lot, let me do my best to explain.

Parallel processing technology.

The blockchain itself is merely a linear setup database. In the firts setup it was constructed for storing transactions, this much in and that much out. These transactions then were stashed together to form blocks of data. Next it got a unique control number calculated, identifying that block of data. Also the control number of the previous block was added into the calculation. That way all blocks got intertwined with each other, all the way back to the first block ever. This one is also known as the genesis block. And the one before that? Well, that got number control number zero, as there was none, of course. This way a very strong chain of blocks is created with the help of complex mathematics. And the secure way this is done made transaction intermediates superfluous.

It started all with HashCash in 1997, invented by Adam Back, now a developer for Bitcoin (BTC). So, in a way one could state Bitcoin is an Altcoin. That is why I started to use the noun Cryptos, to make a statement, all Cryptos are equivalent and unique. It is an alternative system for sending value from one owner to another through a digital network. And this is gaining momentum extremely fast. But it is not only about transactions of Tokens on a blockchain, like Bitcoin family members like Litecoin, Vertcoin, Monacoin and DigiByte do. Or their cheapest and fastest relatives like Dogecoin and Bitbean. There is much more possible, like Ethereum showed, by running pieces of software on a blockchain, known as Smart Contracts. And what to think about a complete decentralized Crypto exchange like Bitshares. Or the one you are reading this article on, the Steem Social Media Platform. Yes that too is on a blockchain!

EOS is a basic blockchain system.

That may sound as it is very simple in construction. Being an further developement of Bitshares through Steem it has a lot of common with those too. Understandable because it is made by the same developer Daniel Larimer. With EOS he took a slightly different approach by starting from scratch almost. The core of EOS being the blockchain, that is going at high speed of one block every 3 seconds. Just like Steem, Golos, Bitshares and Peerplays. But the data to be stored on that blockchain is being kept to only the needed, that has to be stored for as long as it moves on. It can run substantive programs on it, that give it a complete unique use. For this WASM is used, which compiles close to the hardware it runs on. Meaning it will have the highest speed possible and as hardware becomes faster, so the programmes will run faster. That is very smart making it adaptable to future developements.

With these fast running substantive WASM programs on the EOS blockchain enviroment it would be possible to run things like Steem and Bitshares on it. Because programmers can develope their application in the language they prefer. Except Pure Basic of course, but that is a challenge I have to deal with myself. Maybe that one will get WASM support too, as it is a webstandard. Thanks to WASM {Web Assembly} we will only need a computer with a browser to use the most advanced software at the highest speed possible. So, I consider it very clever that it is intregrated in EOS. Just like IPFS {Inter Planetary File System} is being used as a system for high volume data storage and serving within EOS. Looking at all these facets of it, might make it more clear to you why it can be called a Blockchain Operating Super System {BOSS}.

Multi threading for high speed and scaling.

Most of us have mobile phones with a few CPU cores in them. Many computers have more than one CPU core. Graphic cards do have a lot of cores. Now it would be a waste to use only one to keep a blockchain going. But, that is how at first blockchains were setup, to use a CPU, single core processing. But with complex systems like Steem that depend on speed and fast effective scaling, multi-threading tasks is becoming and important issue for the near future. Steem will have this build in soon, maybe already with the implementation of the Smart Media Token {SMT}. And EOS will have this from the start. In such a way that it can scale extremely fast and efficient, just by using the latest hardware for instance. Instead of an 8 core CPU using a 256 core one. Or to create a small local high speed network with 8 computers that each have 256 core processors at 3 GHz a piece. Again, maybe not in every home yet, but with 16 GB RAM becoming a standard in personal computers soon, imagine what will come next...

This is why EOS will be able to use current and future hardware to its full capacity. One might state that it is build to last. Doing its tasks spread over as much processing units as possible. Keeping the high volume data off the blockchain but within the EOS system, it all makes sense to me. With bandwidth use being determined by the amount of an EOS token that an member holds, making sure the blockchain and the file storage service is safe from being flooted. Just like Steem does its job. The more VESTed Steem (Power) a member has, the more bandwidth it can use. Meaning the more interaction with the blockchain is possible. This is a way to secure the EOS realm from data flooding attacks. And by seperating the high volume files from the core blockchain by using IPFS it is possible to delete abusive or illegal data, in theory. Something that might will protect EOS from becoming a pool of perdition.

EOS will be BOSS.

Meaning a Blockchain Operating Super System, well that is what I think it is going to be. As today the testnet is expected to go live and developement is ahead of schedule, this might reflect in a higher Cryptomarket price for EOS. And even though I bought my EOS for way below $1, I will keep mine. Because I want to have some bandwidth that I can use when EOS kicks of somewhere in 2018. All kinds of Social Media Platforms could run on EOS, in ways that they become a tough competition for centralised versions like FB and many others. Because of the cleverly splitting up different tasks that is build into the ESO system. And they way it will adapt itself to hardware upgrades and future innovations sure will give other blockchain systems a run for their money. Now I guess we might soon see EOS already get to the Cryptos market top ten. And it might be the one that rules them all... But no matter what, EOS is coming and it is going to open up a whole new era for blockchain based applications.

And if you thought it has been a wild ride in the Cryptos realm so far, I guess you ain't seen nothin' yet!

These kind of minning rigs will become obsolete with EOS.

Image CC0 licensed