Compared with major blockchains such as #BTC #ETH , E0S can be said to have survived a near-death experience.
Initially, E0S grapefruit chain was an operating system-like blockchain architecture platform led by blockchain wizard BM (Daniel Larimer), designed to achieve performance expansion of distributed applications. E0S provides accounts, authentication, databases, asynchronous communications, and program scheduling on hundreds of CPUs or clusters. The final form of the technology is a blockchain architecture that can support millions of transactions per second, while ordinary users do not need to pay for use.
In 2021, BM left b1, and soon after, the community and E0S token holders realized the b1 scam and established the E0S Network Foundation (ENF). ENF is the center of the E0S network, a leading open source platform with a stable framework, tools, and libraries for blockchain deployment. The founder and CEO of the E0S Network Foundation is Yves La Rose (commonly known as the big beard). At present, the original EOS project B1 has been abandoned by the EOS community. The EOS mainnet is driven by the EOS Network Foundation. The source code has been upgraded from eosio to Antelope leap, and the next stage is codenamed Spring.
On August 16, 2023, the EOS Network Foundation announced the establishment of EOS Labs, an independent new entity proposed by long-term community leader Wen Huaqiang, who was the chief technology officer (CTO) of Huobi pool. EOS Labs is designed as a Web3 incubator and builder for the EOS ecosystem, representing a new stage in the development of the EOS network.
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