Quick jump
Hello and welcome to this blog post about EOS Force EOSC White Paper. I am very excited to know that you are interested in this amazing technology, you will be going to amazed by the incredible potential of the blockchain.
There is a lot to learn about this futuristic tech, lets get started to dive into the EOS Force EOSC white paper and start to leverage it to build a more secure and trusted ecosystem for Industry 4.0 applications.
The aim of this blog post is to help you quickly understand about the philosophy behind the EOS Force (EOSC).
I can ensue you that, you will be able to understand every bits and pieces related to EOS Force (EOSC) after going through the EOS Force EOSC white paper.
Without wasting any further time lets get started to dive right in and lets understand white paper first.
What is white paper?
A white paper is an informational, influential, well-structured document, usually published by an organization, to provide in-depth information about a specific solution.
A white paper is used to provide a good insight into the challenges for a specific problem and a proposed solution for the same.
EOS Force EOSC White Paper
EOS Force EOSC white paper will be going to provide you, all the information that is needed to get started with EOS Force (EOSC), including the inspiration for creating, the problem it is trying to solve and the solution proposed by EOS Force (EOSC).
Introduction
The Crypto economy has ushered in a critical phase from a social experiment to a mass commercial implementation.
A mass commercial implementation of crypto economy which means a huge trading pressure. To efficiently carry a huge amount of trading demand, a blockchain system must provide strong performance firstly. To achieve this, you need set higher requirements on the whole node, such as configuring better hardware machines, larger RAM, more stable network, faster NET, lower latency, etc.
Obviously, the high threshold of whole node will result in a decrease in the amount of stable Block Producers (BPs). If the POS mechanism is adopted in such a blockchain system, the system will quickly converge to centralized. In order to strike a balance between the high performance and decentralization, the DPOS consensus algorithm is undoubtedly the best choice at the moment, as well as the best settlement for governing small quantity of nodes.
The EOSIO based on the DPOS consensus algorithm came into being, which brings the first light of the mass commercial implementation of crypto economy to crypto community. The fully effectiveness of election mechanism is the key to the survival of DPOS and is also related to whether DPOS will lead the crypto trend after POW.
In order to accelerate the mass commercial implementation of crypto economy, the EOSC community has optimized the election mechanism of EOSIO and launched the EOSC mainnet at the genesis block height of one. Through persistently upgrading EOSC mainnet that makes EOSC Network evolve toward the decentralized high-performance smart contract platform.
White Paper Link: EOS Force (EOSC) White Paper
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