Metaverse Development
METAVERSE GAME CLONE
METAVERSE SOLUTIONS
Blockchain Game Development
Services
Metaverse
NFT
Casino
Polygon
BSC
Tron
ETH
EOS
Casino Game Development
Casino Game Clone
NFT Development
NFT Services
NFT Games Clone
NFT Marketplace
NFT Exchange
DeFi Development
DeFi Clones
DeFi Solutions for industries
Crypto MLM Development
Crypto MLM Software
Smart Contract MLM Clone Scripts
Crypto Exchange Development
Cryptocurrency Exchange Development
Exchange Clone
Countries
Token Development
Token Generator
Asset Tokenization
DAPP Development
DAPP Development Services
Launchpads Development
Launchpads Clone
STO | ICO | IDO Development
DAO Development
DAO Clones
Binance Smart Chain Development
Binance Smart Chain (BSC) Development Services
Blockchain Development
Networks
Blockchain Solutions for Industries
Web3 Development
Web3 Game Development
Talk To Our Experts
Please fill in the details below to share your business needs and avail our services.
We will never share your information and always give #1 priority for your privacy.
Metaverse as a Services
Metaverse Game Development
Metaverse Token Development
Metaverse Wallet Development
Metaverse NFT Marketplace Development
Metaverse Casino Game Development
Unity 3d Game Development
Enterprise Metaverse Solutions
VR Meeting Platform Development
Metaverse For Education
Metaverse as a Service (MaaS)
Metaverse Development for Industries
Metaverse Game Clones
BetFury Clone Script
BlackJack Clone Script
Second Life Clone Script
Alien Worlds Clone Script
Sandbox Clone Script
Horizon Worlds Clone Script
Second Live Clone Script
Cropbytes Clone Script
Roblox Clone Script
Axie Infinity Clone Script
Sorare Clone Script
Decentraland Clone Script
Metaverse Usecases
Metaverse Social Media Platform Development
Metaverse Ecommerce Development
Metaverse Real Estate Development
Metaverse Event Platform Development
Metaverse Fashion Development
NFT Game Development
Play To Earn Game Development
Unity 3D Game Development
Unreal Engine Game Development
Fitness Game Development
Dapp Game Development
Crypto Game Development
Move To Earn Game Development
Role playing Game Development
Blockchain Game Clone
Metaverse Casino Game
Blockchain Casino Game
Slot Game
Casino Game Clones
BC Game Clone Script
Betfury Clone Script
Ice Poker Clone Script
Race Poker Clone Script
Bit555 Clone Script
NFT Marketplace Development
White Label NFT marketplace Development
NFT Gaming Platform Development
Celebrity NFT Marketplace Development
NFT Restaurant Marketplace
Carbon Credits NFT Marketplace
NFT Fashion Marketplace Development
NFT Real Estate Marketplace Development
NFT Art Marketplace Development
NFT Launchpad Development
NFT Solutions
NFT Minting Platform Development
NFT Staking Platform Development
NFT Smart Contract Development
NFT Marketplace Software
Solana NFT Marketplace
Solana NFT Token Development
Polygon NFT Marketplace Development
NFT Marketplace Clones
Opensea Clone Script
Rarible Clone Script
SuperRare Clone Script
Foundation Clone Script
Solsea Clone Script
Cryptopunks Clone Script
Binance NFT Marketplace Clone Script
NFT Game Clones
Cryptokitties Clone Script
ZedRun Clone Script
NBA Top Shot Clone Script
NFT Horse Gaming
Play to Earn Game
Role Play Game
DApp Game
Crypto Game
Move to Earn NFT Game
Crypto Market Maker
Cryptocurrency Exchange Script
Cryptocurrency Exchange Clone Scripts
Cryptocurrency Exchange Software Development
White Label Crypto Exchange Software
Cryptocurrency Wallet Development
Bitcoin Mining Script
Trust Wallet Clone Script
Copy Trading Software Development
Cryptocurrency Trading Bot Development
Decentralized Exchange Software
P2P Cryptocurrency Exchange Software
Hybrid Cryptocurrency Exchange Software
Cryptocurrency MLM Software
Cryptocurrency HYIP Software
Cryptocurrency Development
Stablecoin Development
Altcoin Creation Services
Crypto Exchange Clones
Binance Clone Script
LocalBitcoins Clone Script
Paxful Clone Script
Wazirx Clone Script
Coinbase Clone Script
Remitano Clone Script
FTX Clone Script
Crypto.com Clone Script
More Clones
Blockchain Solutions
Web 3.0 Development
IPFS Blockchain Development
Private Blockchain Development
Enterprise Blockchain Solution
Hyperledger Development
POC Development
Smart Contracts Development
Smart Contracts Audit
Blockchain Industry Verticals
Blockchain Wallet Development
Blockchain Consulting
Solana Blockchain Development
Cardano Blockchain Development
Polygon Blockchain Development
Ethereum Blockchain Development
EOS Blockchain Development
TRON Blockchain Development
For Industries
Blockchain In Supply Chain
Blockchain In Insurance
Blockchain In Healthcare
Blockchain In Banking
Blockchain In Ecommerce
Blockchain In AI
Blockchain In Enterprises
Defi Solutions
DeFi Lending & Borrowing Platform
DeFi Wallet Development
DeFi Token Development
DeFi Staking Platform Development
Defi Clones
Pancakeswap Clone Script
Uniswap Clone Script
BakerySwap Clone Script
1inch Clone Script
Safemoon Clone Script
BabycakeApp Clone Script
Gamefi Clone Script
TRON Smart Contract MLM
Ethereum Smart Contract MLM
Smart Contract MLM
Cryptocurrency MLM
Smart Contract MLM On Binance Smart Chain
MLM Clone Scripts
Bank of Tron
Million Money MLM
Forsage MLM
Etrix MLM
DOUBLEWAY MLM
XOXO Network
EthereumsCash
Lions Share
SuperSage
NFT Clones
MLM Clones
Make Your Trade and Exchange More Simple and Secure With Out Remarkable EOS DApp Development Services
END-TO-END BLOCKCHAIN SOLUTIONS
Request For a Proposal
How EOS is different than Ethereum that it brings block time to 0.5 seconds? How is this possible since Ethereum's average block time is around ~12 seconds?
In EOS, each producer creates 6 consecutive blocks before handing off to the next producer. Therefore, in these 3 seconds (6 x 0.5), there is no latency to propagate blocks as they're created by the same producer. The latency is a problem during hand-off, so it's possible that the last few blocks or the next few blocks get orphaned, which is why there are plugins suggested to minimize latency by accounting for geographical location of BPs.
Currently Ethereum uses Proof-of-Work based mining algorithm "dagger-hashimoto" and in future going to change it to Proof-of-Stake based mining algorithm "casper" to select block producer who will sign next block.
Whereas EOS uses Delegated-Proof-of-Stake based algorithm, in EOS, token holders vote to choose 21 block producers(There might be certain requirements here ex. certain amount of EOS token locked). Only these 21 chosen block producers will sign blocks on behalf of all EOS users.
Given above conditions block time in EOS will drastically reduced given only 21 block producers exists, whereas in Ethereum it is open that any one mining in network can theoretically be a block producer, so fixing block time to 15 seconds is design decision. If block time in Ethereum is reduced more orphan blocks will be produced and it will be difficult to chose longest chain.
In order to gain widespread use, applications on the blockchain require a platform that is flexible enough to meet the following requirements:
Competing with businesses such as eBay, Uber, AirBnB, and Facebook, require blockchain technology capable of handling tens of millions of active daily users. In certain cases, an application may not work unless a critical mass of users is reached and therefore a platform that can handle very large numbers of users is paramount.
Application developers need the flexibility to offer users free services; users should not have to pay in order to use the platform or benefit from its services. A blockchain platform that is free to use for users will likely gain more widespread adoption. Developers and businesses can then create effective monetization strategies.
Easy Upgrades and Bug Recovery Businesses building blockchain based applications need the flexibility to enhance their applications with new features. The platform must support software and smart contract upgrades.
All non-trivial software is subject to bugs, even with the most rigorous of formal verification. The platform must be robust enough to fix bugs when they inevitably occur.
A good user experience demands reliable feedback with a delay of no more than a few seconds. Longer delays frustrate users and make applications built on a blockchain less competitive with existing non-blockchain alternatives. The platform should support low latency of transactions.
There are some applications that just cannot be implemented with parallel algorithms due to sequentially dependent steps. Applications such as exchanges need enough sequential performance to handle high volumes. Therefore, the platform should support fast sequential performance.
Large scale applications need to divide the workload across multiple CPUs and computers.
EOS.IO software utilizes the only known decentralized consensus algorithm proven capable of meeting the performance requirements of applications on the blockchain, Delegated Proof of Stake (DPOS). Under this algorithm, those who hold tokens on a blockchain adopting the EOS.IO software may select block producers through a continuous approval voting system. Anyone may choose to participate in block production and will be given an opportunity to produce blocks, provided they can persuade token holders to vote for them.
The EOS.IO software enables blocks to be produced exactly every 0.5 second and exactly one producer is authorized to produce a block at any given point in time. If the block is not produced at the scheduled time, then the block for that time slot is skipped. When one or more blocks are skipped, there is a 0.5 or more second gap in the blockchain.
Using the EOS.IO software, blocks are produced in rounds of 126 (6 blocks each, times 21 producers). At the start of each round 21 unique block producers are chosen by preference of votes cast by token holders. The selected producers are scheduled in an order agreed upon by 15 or more producers.
If a producer misses a block and has not produced any block within the last 24 hours they are removed from consideration until they notify the blockchain of their intention to start producing blocks again. This ensures the network operates smoothly by minimizing the number of blocks missed by not scheduling producers who are proven to be unreliable.
Under normal conditions a DPOS blockchain does not experience any forks because, rather than compete, the block producers cooperate to produce blocks. In the event there is a fork, consensus will automatically switch to the longest chain. This method works because the rate at which blocks are added to a blockchain fork is directly correlated to the percentage of block producers that share the same consensus. In other words, a blockchain fork with more producers on it will grow in length faster than one with fewer producers, because the fork with more producers will experience fewer missed blocks.
Furthermore, no block producer should be producing blocks on two forks at the same time. A block producer caught doing this will likely be voted out. Cryptographic evidence of such double-production may also be used to automatically remove abusers.
Byzantine Fault Tolerance is added to traditional DPOS by allowing all producers to sign all blocks so long as no producer signs two blocks with the same timestamp or the same block height. Once 15 producers have signed a block the block is deemed irreversible. Any byzantine producer would have to generate cryptographic evidence of their treason by signing two blocks with the same timestamp or blockheight. Under this model a irreversible consensus should be reachable within 1 second.
Stay Informed
For Sales Inquiry
WhatsApp
+919489606634
Telegram
BlockN_Bitz
Skype
Block 'N Bitz
Call
+91 9489606634
Email
support@blockchainappsdeveloper.com