Pomelo coin, or EOS token, is a kind of digital currency. Pomelo Coin is an ethereum-based token issued for EOS.io blockchain system. Grapefruit coins can eventually support the execution of millions of transactions per second, and ordinary users don't have to pay for using smart contracts.
EOS is a new blockchain architecture, and the goal of EOS project is to realize a blockchain architecture that supports applications like an operating system. This architecture can provide account, authentication, database, remote communication and program scheduling on hundreds of CPUs or clusters.
Network composition is a new WEB standard for building high-performance WEB applications. Ethereum developers have begun to change the composition of the WEB to provide suitable sandbox and certainty, and build it in the Ethereum-style WEB. This way is convenient for EOS connection and adaptation.
EOS appeared to make up for the shortcomings of bitcoin and ethereum. EOS realizes faster transaction time, larger transaction volume and lower handling fee, and many basic blockchain architectures can run on EOS system.
The distribution of grapefruit coins is similar to an auction. Everyone's price is the same, and investors can pay the highest price in a given time. After the grapefruit coins are distributed, the system will distribute them to all authorized buyers in proportion.
1. Virtual currency refers to unreal currency. Well-known virtual currencies such as Baidu's Baidu Coin, Tencent's Q Coin and Q Point, as well as Shanda's counting coupons and Sina's micro coins (used for reading in micro game and Sina, etc.). ), Chivalrous Yuanbao (for Chivalrous Games), Wen Yin (for Lan Xue Games), 20 13 digital currency Pop, Bitcoin, Litecoin, Infinite Coin, Quark. There are hundreds of digital currency all over the world. The legend of "Bitkin, Wright Silver, Infinite Copper and Penny Aluminum" is popular in the circle.
2. According to the notices and announcements issued by the People's Bank of China and other departments, virtual currency is not issued by the monetary authorities, does not have monetary attributes such as statutory compensation and coercion, is not real currency, does not have the same legal status as currency, cannot and should not be used as currency in the market, and citizens' investment and transactions in virtual currency are not protected by law.