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EOS (Vaulta)
What this page is: neutral, sourced facts about EOS (Vaulta). Every line links where it was checked. 11 facts, 2 from primary sources. Educational, not financial advice.
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Launch
- Based on a white paper published in 2017, EOSIO was developed by Block.one and released as open-source software on June 1, 2018. secondary source source
Founders and creators
- Developed by the private company Block.one, based on a white paper published in 2017. secondary source source
Origin story
- Based on a white paper published in 2017, the EOSIO platform was developed by the private company Block.one and released as open-source software on June 1, 2018. secondary source source
Stated purpose
- The smart contract platform claims to eliminate transaction fees and also conduct millions of transactions per second. secondary source source
Consensus mechanism
- EOS.IO software uses Delegated Proof of Stake (DPOS), under which token holders select block producers through a continuous approval voting system. primary source source
Supply model
- At the launch of the blockchain, one billion tokens were distributed as ERC-20 tokens by Block.one. secondary source source
Main uses today
- The EOS token is a pro-rata claim on access to the EOS network's resources, as well as a pro-rata claim on its governance rights. secondary source source
Key milestones
- On August 25, 2021 consensus was reached by EOS block producers to fund the EOS Network Foundation (ENF). secondary source source
Notable events and controversies
- On August 25, 2021 block producers voted to fund the EOS Network Foundation, ending Block.one's participation. secondary source source
- Block.one agreed to pay a $24 million civil penalty to settle SEC charges over its ICO (Sept 2019). primary source source
- In September 2019, Block.one agreed to settle U.S. Securities and Exchange Commission charges related to the $4 billion unregistered ICO for a $24 million penalty. secondary source source
Sources & studies
Last checked: 2026-11-04 · Prices, market caps and circulating supply are left out on purpose because they change by the minute. Educational, not financial advice.
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