

In order to avoid scaling issues, the platform will use parallelization to increase the number of transactions conducted per second. Graphene technology forms the base of the EOS Main Net and can perform 10,000 to 100,000 transactions per second.

It is slated to be released on 1st June 2018.

The upcoming EOSIO Main Net: EOS is also eagerly awaiting the release of its mainnet, EOSIO like Tron.So, in the opinion of Javier Benitez, community head of EOS, this partnership with LWRC and positioning themselves in the Philippines will eventually benefit them. The future disruptive applications may as well use EOS technology. Financial technology and blockchain are going to be a pillar of our business model moving forward.” LR Data, it seems to be is emphasizing that EOS will become a true “retail blockchain.”Īs per the words of Enrique Gonzales, LR Data vice chair, “With the launch of EOS Philippines, LR Data is at the forefront of infrastructure provisioning and supporting decentralization and democratization. The objective behind the online gaming technology branch of LRWC to conduct mass block production of EOS is to support the global network and framework of EOS. (LR Data) has over a decade experience of working as an international gaming infrastructure operator with Cagayan Economic Zone Authority or Ceza. The team of LR Data Center & Solutions Inc. This means that compared to the other cryptocurrencies, the market of EOS will experience less volatility that will facilitate transactions. In fact, EOS had been developed to be a ‘stable’ cryptocurrency with just a 5% inflation. Moreover, the EOS system consumes less energy. Gonzales feels that EOS has the capacity of conducting over a million transactions per second whereas many other cryptocurrencies are limited within 20,000 per second. “We chose EOS because the design, technology, and governance of EOS are superior to the other cryptocurrency and address many of the issues the community sees with bitcoin and ethereum,” Gonzales said in an interview. The features of the EOS platform and its popularity as one of the most traded cryptocurrencies had attracted LWRC. (LWRC) has revealed that they are going to the first block producer of EOS in the Philippines.

The online gaming technology section of Leisure & Resorts World Corp. Thus with the help of the EOS blockchain, businesses can develop different blockchain applications just as they develop web-based applications. The EOS blockchain has been designed to support multiple decentralized applications or dApps and offers all the core functionality.
