This document summarizes an EOS community event in Vancouver in 2018. It introduces the 9CAT community as specialists in blockchain infrastructure, dApp development, and community building. It then provides information about EOS technology, differentiators from other blockchains like its consensus model and token economics. Next, it does a deep dive on token creation in EOS including the process and costs. Finally, it shares some recent EOS news articles on tools to facilitate app development and Dan Larimer's proposal for better resource distribution efficiency. It concludes by asking people to vote for the eosninecatbp block producer if they like what they do.
4. People
• Who are We
• 9CAT community spinoff, specialized in blockchain infrastructure, dAPP development, and
community building.
• Who else in town
• EOS VAN: Excel in academy, governance, and security.
• EOS Vancouver: Community minded blockchain enthusiasts helping to network and connect EOS
stakeholders.
• Who are You
• Blockchain, CryptoCurrency
• Hacker, Huster, Hipster
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5. Technology
• EOS Blockchain is aiming to become a decentralized operating
system which can support industrial-scale decentralized
applications.
• completely remove transaction fees
• conduct millions of transactions per second
• utilize Delegated Proof-of-Stake
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6. Differentiators
• Consensus Model
• dPOS, BFT
• Design philosophy
• account, permissions, smart contract
• Token economics
• inflation reward, token staking
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8. Token Creation
• In EOS, tokens can be created by deploying and running the
eosio.token contract.
• The contract contains the token directory at time of deployment.
• Tokens are the cryptocurrencies of the EOS network.
• The process is different from Ethereum token creation.
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9. EOS vs ETH
EOS ETH
Requires RAM, CPU, and network Requires gas
Multiple tokens can be listed in the
same contract
Only one ERC20 token can be listed
in a single contract
Token is created by running the
eosio.token create action
Token is created at the time of
contract deployment
Contract creator holds the
contract’s private key
Contract creator does not hold the
private key.
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10. Token Creation Process
• Step 1: Generate private keys
• Step 2: Create account
• Step 3: Deploy contract
• Step 4: Create token
• Step 5: Issuing token
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11. Token Creation Cost
• Currently the eosio.token contract cost about 200KiB RAM space
• Each token issue takes about 0.24KiB RAM
• If you are planning to issue token to 10k accounts, you need at least
2.54MiB of RAM
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13. EOS Unveils New Tool To Facilitate
App Development
• https://cryptovest.com/news/eos-unveils-new-tool-to-facilitate-app-
development/
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14. Dan Larimer Proposes EOS Resource
Distribution for Better Efficiency
• https://cryptovest.com/news/dan-larimer-proposes-eos-resource-
distribution-for-better-efficiency/
Enterprise Grade, Made by Community, for Community
15. EOS release v1.1.2 NOT
• https://github.com/EOSIO/eos/releases/tag/v1.1.2
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16. Vote eosninecatbp if you like what we do!
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