Scalability is frequently the biggest obstacle to developing public blockchains in real-world scenarios. Blockchain scalability problems often appear when a network expands and the volume of its transactions rises.
Swaps per second, transaction throughput, and latency—all often contested blockchain performance metrics—have yet to reach a suitable quality-of-service level in many blockchains.
EOS promises to overcome these restrictions without compromising network security or developer flexibility through the aforementioned ecosystem characteristics.
Engine for WebAssembly in C++
A high-performance WebAssembly (WASM) engine that runs smart contract code is at the heart of the EOS blockchain. This engine is made to fulfil the needs of blockchain apps, which have far higher WASM engine requirements than web browsers.
Low latency, quick confirmations, and high throughput
Reliable feedback with a delay of no more than a few seconds is necessary for a positive user experience. Because its DPoS method does not need waiting for all nodes to finish a transaction before it becomes final, EOS is able to process transactions at a rapid rate. Faster confirmations and decreased latency—the amount of time it takes for a transaction to be validated as accurate after it has been initiated—are the outcomes of this asynchronous method of validation.
Integration of EVM
The EOS EVM, an Ethereum-compatible Virtual Machine, enables Solidity developers using Ethereum to take use of the scalability and dependability of the EOS blockchain. This involves giving its customers access to the open-source coding libraries and tooling they are currently accustomed to, as well as almost free transactions.
Access keys that provide permissions
The EOS blockchain's fundamental design includes a robust and incredibly flexible permissions system that enables users to build unique permission models for a variety of use cases. Account owners have the ability to provide particular permissions to other parties while still maintaining the right to cancel these rights at any moment.
With the help of EOS's hierarchical account structures, any user may control a number of smart contracts from a single parent account. Alternately, an account owner can distribute among other accounts the authority needed to change a smart contract.
Flexibility
Applications installed on EOS are upgradeable because of the protocol's nature. As long as they have the required permissions, developers may release code updates, add features, and alter the application's logic.
Developers may also use EOS to deploy immutable smart contracts. Instead of being at the mercy of the protocol, these decisions are left up to the authors of EOS.
Resource allocation and governance that can be programmed
Smart contracts for the system may be altered by developers to provide unique economic models and governance guidelines. This on-chain process can be changed using system smart contracts because the fundamental layer of code does not always need to be updated for changes to take effect.