Tag: steemit

EOS – Infrastructure for Decentralized Application

https://eos.io/ White Paper. EOS is trying to compete with Ethereum as a platform for Blockchain applications by focusing on scalability and speed for decentralized applications. It is based on Delegated Proof of Stake (DPOS) Consensus algorithm invented by Daniel Larimer (Co-founder of EOS). Video link to different consensus mechanisms by Andreas M. Antonopoulos here. EOS has

Steemit – Decentralized reddit

https://steemit.com Steemit is the next generation of social applications which incentivize users for engagement on their platform by leveraging the power of blockchains and crypocurrency. Important to note that Steemit is not a fully decentralized application (where entire data is stored in distributed manner), but only a blockchain based data model is distributed to leverage the
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