Decentralized exchange based on EOS
x protocol: a point-to-point open protocol running on Ethereum. The protocol aims to become a general open standard, as a basic mole that can be combined with other protocols to drive more and more complex blockchain applications. However, Ethereum is famous for its congestion, so its current situation is not very good
loopring
Road printing protocol: decentralized transaction protocol of class X. The on chain smart contract is responsible for asset custody, matching and transaction, and the off chain smart contract is responsible for order matching. It has an on chain trading loop matching technology, which encourages the exchange to match the transaction path with the maximum discount, so as to save transaction costs for users and make the exchange profitable at the same time. But on the other hand, it also increases the complexity of smart contract and the execution cost of Ethereum transaction, and the effect in practical application remains to be seen
there are also kyber, idex, bitstocks, etc. decentralized exchanges are the trend in the future, so there are still quite a few in the market. But comparatively speaking, I still think whaleex is the most reliable.
There are four different definitions of EOS, specifically as follows:
1, EOS: electronic and electrical
electrical over stress (EOS) is a common cause of damage to components, which is manifested by overpressure or over-current to proce a lot of heat, so that the internal temperature of components is too high to damage components (commonly known as burn out), It is a common way to damage electronic devices caused by pulse in electrical system
Embedded operating system (EOS) refers to the operating system used for embedded system. Embedded operating system is a kind of widely used system software, which usually includes hardware related underlying driver software, system kernel, device driver interface, communication protocol, graphical interface, standardized browser and so onembedded operating system is responsible for the allocation of all software and hardware resources, task scheling, control and coordination of concurrent activities. It must reflect the characteristics of the system in which it is located and be able to achieve the functions required by the system by loading and unloading some moles
(3) EOS: Ethernet based on SDHPOS (packet over SDH) and EOS are two different ways to implement IP services in SDH network. POS technology appeared earlier, EOS appeared later, and some technical evolution has been made
The main difference betweenand POS is that the Ethernet frame is encapsulated first, then mapped to the VC (virtual container) of SDH / SONET, and then the information is processed according to the cross mapping system of SDH
4, EOS: blockchain
EOS can be understood as enterprise operation system, which is a blockchain operating system designed for commercial distributed applications. EOS is a new blockchain architecture, which aims to extend the performance of distributed applications. Note that it is not a currency like bitcoin and Ethereum, but a token based on the EOS software project, known as blockchain 3.0
extended materials:
the characteristics of block chain (EOS)
1. EOS is a bit similar to Microsoft's windows platform. By creating a developer friendly underlying platform of block chain, it supports multiple applications to run at the same time and provides the underlying template for the development of DAPP
EOS solves the problems of delay and data throughput by means of parallel chain and dpos. EOS can process thousands of data per second, while bitcoin has about 7 transactions per second, and Ethereum has 30-40 transactions per second There is no service charge for EOS, and the general audience is more extensive. The network and computing resources needed to develop DAPP on EOS are allocated according to the proportion of EOS owned by developers. When you have EOS, it is equivalent to having computer resources. With the development of DAPP, you can lease your EOS to others. From this point alone, EOS has a wide range of valuein order to ensure decentralization and security, current public chain projects such as bitcoin and Ethereum have certain limitations in block scalability. Although the introction of Ethereum's smart contract has greatly enriched the application of blockchain, it also reces the threshold of issuing coins, making Ethereum's network very congested. Many existing public chains have the problems of slow network transfer speed, high cost, low concurrency or poor stability, which can not support the operation of real large-scale commercial applications
according to the white paper of EOS, EOS adopts the graphene block chain architecture, and the bft-dpos consensus mechanism reces the number of verification nodes, but makes the scalability of EOS significantly enhanced, and can support fast transaction processing speed. At present, bitcoin system can transfer about 7 times per second, while Ethereum can transfer 15 times per second; In contrast, EOS's white paper says it is expected to reach a million level TPS in the future
in addition, EOS provides a good development environment for users and developers. The transaction on EOS network does not need to charge service charge, which improves the user experience and makes it easier to attract users; EOS provides developers with a friendly underlying mole, which can support a variety of programming languages and rece the difficulty of DAPP development. Developers can focus more on the function implementation of the developed application.
so if we survive the bear market, EOS will definitely break out. EOS decentralized exchange will also usher in the spring. Whaleex, in particular, now has the largest trading volume in the world, and its security is particularly good. Everyone is mining on it, and the trading depth is strong. From the perspective of the community, the iteration speed of their procts is also very fast, and they will soon be able to support cross chain transactions. At that time, not only EOS users, BTC users and eth users can quickly trade on them
I believe that when the bull market comes, it will rise against the wind. I am optimistic about it.
in comparison, the decentralized exchange based on EOS is much better, because its TPS is fast enough to handle the decentralized application at the present stage, and its speed is much better than that on Ethereum. Whaleex, in particular, is very smooth in use, with fast transactions. It is not inferior to those centralized exchanges. Among all decentralized exchanges, whaleex is excellent
therefore, I think the decentralized exchange on EOS may break out faster than that on Ethereum, especially the whale exchange, which will be a dark horse. The smart contract of their home is also the only one that has passed the slow fog security audit. The security is particularly high and the use is assured.
in 2009, BM began to contact bitcoin. At that time, in the forum, BM questioned Nakamoto's big God because of the slow transaction speed of bitcoin, and was rebuffed by big God, which became a hot topic. In 2013, BM began to develop a decentralized exchange, bitshares, which injected a bit of vitality into the market full of counterfeit bitcoins at that time. Its market value ranked the highest, reaching the fourth place in all digital assets. However, e to the inadequate preparation and constant bugs of the first generation BTS, and the disagreement between BM and its team members, BM left bitshares and founded stem
stem is a decentralized social network platform based on blockchain technology. In stem it, members can participate by posting, replying, discussing, and commenting, while participants can get rewards in the form of digital currency. The higher the quality of Posts and the more likes, the higher the rewards they receive. This is a subversion of the traditional media platform. Steemit's highest market value ranking ever reached the third place
in 2017, BM quit steemit and turned to develop EOS project. EOS has absorbed all the technology accumulation of the first two projects of BM, and under the aura of BM, it has gained huge market attention as soon as it was announced.