{"id":2048,"date":"2022-03-05T16:17:42","date_gmt":"2022-03-05T16:17:42","guid":{"rendered":"http:\/\/smart.onlinesarafi.com\/index.php\/2022\/03\/05\/eosblackwhitepaper\/"},"modified":"2022-03-05T16:17:43","modified_gmt":"2022-03-05T16:17:43","slug":"eosblackwhitepaper","status":"publish","type":"post","link":"https:\/\/smart.onlinesarafi.com\/index.php\/2022\/03\/05\/eosblackwhitepaper\/","title":{"rendered":"eosBLACK\tWhitepaper"},"content":{"rendered":"<div id=\"post-8532\">\n<div class=\"entry-content\" readability=\"67.823099415205\">\n<p>eosBLACK is a multiverse that contributes to the expansion of EOSIO DApps through<br \/>a collaborative platform called \u2018Crypto Factory\u2019. It is expected to play a pivotal role<br \/>in establishing EOSIO as the Android of blockchain.<\/p>\n<p>Through EOSIO, eosBLACK aims to overcome the structural limitations that have impeded<br \/>the growth of existing blockchains, including:<\/p>\n<p>\u00b7 Hard fork due to bifurcation of consensus and governance<br \/>\u00b7 Consensus algorithm that is not suitable for large-scale transactions<br \/>\u00b7 Burden of DApp building costs assumed by developers<br \/>\u00b7 Entry barriers other than development, due to a lack of understanding about coin economy<br \/>\u00b7 Emergence of regulations related to ICOs<\/p>\n<p>By adopting the BFT-DPoS consensus algorithm, EOSIO provides more rapid block<br \/>creation speed than existing blockchain technology and will be a user-friendly<br \/>platform (i.e. by not charging user transaction fees).<\/p>\n<p>Initial Coin Offerings (ICOs), which have emerged as a new method of raising<br \/>development capital, are becoming more difficult due to skepticism brought<br \/>about by previous scams and government regulations. Some now even view ICOs<br \/>as a waste of time and resources, and there is a generally negative sentiment<br \/>surrounding the concept. In response to this, eosBLACK eliminates the<br \/>cumbersome process of launching an ICO by financing its development capital<br \/>using inflation of its own coins together with income generated from operating<br \/>its own decentralized exchange (DEX).<\/p>\n<p>The success of EOSIO depends on the number of DApps that are operated on the<br \/>platform. eosBLACK provides the optimal environment for DApp development<br \/>through the collaborative platform Crypto Factory. Also, in contrast with the<br \/>EOSIO platform where DApp developers are faced with the economic burden<br \/>of staking EOS for computing resources, eosBLACK utilizes a \u2018Representatives\u2019<br \/>Consensus Body\u2019 to eliminate fundamental impediments to development by<br \/>resolving the issue of computing resource allocation, which previously relied on<br \/>market logic.<\/p>\n<p><a href=\"https:\/\/eosblack.io\" target='_blank\"' rel=\"noopener\"> eosBLACK\tWebsite <\/a> <br \/><a href=\"https:\/\/drive.google.com\/file\/d\/1yInOtx1_jPYKg_r4QJgF8Y4gVvPM-xhz\/view?usp=sharing\" target='_blank\"' rel=\"noopener\"> eosBLACK\tWhitepaper <\/a><br \/><strong><\/strong><\/p>\n<p>Social<\/p>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>eosBLACK is a multiverse that contributes to the expansion of EOSIO DApps througha collaborative platform called \u2018Crypto Factory\u2019. It is expected to play a pivotal rolein establishing EOSIO as the Android of blockchain. Through EOSIO, eosBLACK aims to overcome the structural limitations that have impededthe growth of existing blockchains, including: \u00b7 Hard fork due to [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-2048","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/smart.onlinesarafi.com\/index.php\/wp-json\/wp\/v2\/posts\/2048","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/smart.onlinesarafi.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/smart.onlinesarafi.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/smart.onlinesarafi.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/smart.onlinesarafi.com\/index.php\/wp-json\/wp\/v2\/comments?post=2048"}],"version-history":[{"count":1,"href":"https:\/\/smart.onlinesarafi.com\/index.php\/wp-json\/wp\/v2\/posts\/2048\/revisions"}],"predecessor-version":[{"id":2049,"href":"https:\/\/smart.onlinesarafi.com\/index.php\/wp-json\/wp\/v2\/posts\/2048\/revisions\/2049"}],"wp:attachment":[{"href":"https:\/\/smart.onlinesarafi.com\/index.php\/wp-json\/wp\/v2\/media?parent=2048"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/smart.onlinesarafi.com\/index.php\/wp-json\/wp\/v2\/categories?post=2048"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/smart.onlinesarafi.com\/index.php\/wp-json\/wp\/v2\/tags?post=2048"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}