Decentralization of EOS nodes
Publish: 2021-04-20 15:00:33
1. Due to the dpos consensus mechanism adopted by EOS, 21 super nodes need to be elected by voting, and every investor with EOS will have the right to vote on the super nodes, and voting is our only right in the EOS node election. We need to cherish and properly exercise this right, and jointly decide the best 21 super nodes to maintain the stable operation of the EOS system
of course, voting has no direct benefits, but if we choose excellent super nodes, and these super nodes will undertake to maintain the stable operation of the EOS system after winning. With the stable development of the EOS system, the EOS in our hands will be more and more valuable, which can be said to be the indirect benefits of this voting
block.one, the company that develops eos.io software, has said that they will only release one command-line tool of eos.io version 1.0, in which users can vote. This requires users to grab a section from GitHub code base and run it on their local computer. Some community members have created their own user-friendly interface through which users can vote. For example, the one-stop voting platform developed by huocoin mining pool can directly see the candidates of each super node and vote with EOS in the exchange. The other way is to vote through the way of voting agent, and give our voting right to the voting agent, so that the voting agent can vote instead of us.
of course, voting has no direct benefits, but if we choose excellent super nodes, and these super nodes will undertake to maintain the stable operation of the EOS system after winning. With the stable development of the EOS system, the EOS in our hands will be more and more valuable, which can be said to be the indirect benefits of this voting
block.one, the company that develops eos.io software, has said that they will only release one command-line tool of eos.io version 1.0, in which users can vote. This requires users to grab a section from GitHub code base and run it on their local computer. Some community members have created their own user-friendly interface through which users can vote. For example, the one-stop voting platform developed by huocoin mining pool can directly see the candidates of each super node and vote with EOS in the exchange. The other way is to vote through the way of voting agent, and give our voting right to the voting agent, so that the voting agent can vote instead of us.
2. EOS's vision is to become a public chain that can run a large number of commercial applications, and its core feature is "commercial"
in 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.
in 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.
3. Block.one is the founding team behind EOS. CTO is BM (byte Master), formerly known as Daniel Larimer. At present, it is the only person in the world who has successfully developed three decentralized systems based on blockchain technology in a row. It is the co-founder of bitshares, steel and EOS
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.
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.
4. On the platform of hotcoin independent digital asset exchange (hadax for short), you can vote for the digital assets of a project you are optimistic about:
according to the comprehensive evaluation of the number of votes, the number of voters and other factors within the limited time, the top projects can go online on hadax platform, and the specific audit standard is subject to the announcement on the official website.
according to the comprehensive evaluation of the number of votes, the number of voters and other factors within the limited time, the top projects can go online on hadax platform, and the specific audit standard is subject to the announcement on the official website.
5. The governance of EOS relies on 21 super nodes to operate and maintain. Running for the best and most recognized nodes, like our deputies to the National People's Congress, is its own attribute and will not raise the price in the future
6. The effect of simple reading or recitation is general. Reading while reciting can increase the amount of memory and save memory time. The specific way is to read the material several times, and then try to recite it. If you can't remember it, read it several times, and then recite it until you remember it completely. The principle of this method is timely feedback. The second way of feedback is recollection, after reciting a period of review materials, at intervals or in the process of engaging in other activities. Think back to what you just said, and recite the key points (such as titles and keywords). The forgotten content is the focus of the next recitation. The third way of feedback is prompt. After reciting the learning materials several times, give them to the person who helps you recite them. The other person will choose the content to recite and ask you questions. In the process of recitation, the forgotten place can be prompted by the questioner, and it will be the focus of the next recitation. This method is suitable for reciting long and regular contents. If it can be combined with timely review method, the effect will be better.
7. EOS: Grapefruit can be understood as enterprise operation system, which is a blockchain operating system designed for commercial distributed applications. EOS is http://EOS.IO A new blockchain architecture introced by the software aims to realize the performance expansion of distributed applications. Note that it's not a currency like bitcoin and Ethereum, it's based on http://EOS.IO The token released on top of the software project is called blockchain 3.0.
8. Thomas Cox published an article in media on May 1, which introces the voting mechanism of EOS in detail. EOS adopts the default affirmative voting system (affirmative voting system, also known as consent voting, or approval voting). In the election, you can choose more than one voting system). Specifically, eosio software uses one vote and 30 votes by default, that is, an account can vote for 30 out of block nodes
assuming that the total number of candidates in a group is n, then voters can vote for their favorite nodes, and they can vote for up to 30 nodes. According to the number of votes, the system will select the first 21 block procers as active nodes, and the next 49 nodes as alternative nodes. The node ranking 71 or later will be ignored, which is set considering the status of the block node
the voting weight of each account is related to the number of mortgage tokens held by the account. The more tokens you hold, the greater the voting weight. For example, if Alice mortgaged 100 tokens, then each of her 30 votes has a weight of 100; Bob mortgaged 50 token, then every vote he cast for his favorite node is the weight of 50. If both Alice and Bob vote for a candidate node, the score of the candidate node is 150.
assuming that the total number of candidates in a group is n, then voters can vote for their favorite nodes, and they can vote for up to 30 nodes. According to the number of votes, the system will select the first 21 block procers as active nodes, and the next 49 nodes as alternative nodes. The node ranking 71 or later will be ignored, which is set considering the status of the block node
the voting weight of each account is related to the number of mortgage tokens held by the account. The more tokens you hold, the greater the voting weight. For example, if Alice mortgaged 100 tokens, then each of her 30 votes has a weight of 100; Bob mortgaged 50 token, then every vote he cast for his favorite node is the weight of 50. If both Alice and Bob vote for a candidate node, the score of the candidate node is 150.
9. Rights
1. EOS issues 5% additional tokens every year, of which 1% will be allocated to super nodes. According to dawn 4.0 released by BM, founder of EOS on May 5, the allocation mechanism of new tokens will be explained in more detail. 1% of new tokens will be allocated in two ways: 0.25% will be awarded according to each block; 2; 0.75% will be distributed according to the votes obtained< 2. Participate in community governance, vote on constitutional changes, and have the right to propose motions to the constitution
obligations
1. The income of EOS super node needs to invest and support incubation DAPP, and jointly promote the value of the whole network
2. EOS super node uses its own resources to help the development of the whole community
3. EOS super node needs to invest in server and bandwidth resources, and is responsible for accounting, Joint operation of all nodes to ensure network stability
1. EOS issues 5% additional tokens every year, of which 1% will be allocated to super nodes. According to dawn 4.0 released by BM, founder of EOS on May 5, the allocation mechanism of new tokens will be explained in more detail. 1% of new tokens will be allocated in two ways: 0.25% will be awarded according to each block; 2; 0.75% will be distributed according to the votes obtained< 2. Participate in community governance, vote on constitutional changes, and have the right to propose motions to the constitution
obligations
1. The income of EOS super node needs to invest and support incubation DAPP, and jointly promote the value of the whole network
2. EOS super node uses its own resources to help the development of the whole community
3. EOS super node needs to invest in server and bandwidth resources, and is responsible for accounting, Joint operation of all nodes to ensure network stability
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