Happy Birthday EOS

Happy birthday EOS

Welcome to Hoken Tech


It seems like an eternity has passed since the launch of the EOS blockchain, but in reality, it has only been 5 years since the first block was created on this blockchain, which is still operational today without ever experiencing blocks or interruptions, demonstrating that it has a solid technology and infrastructure behind it.


Before delving into the history of this blockchain, it's important to note that the EOS blockchain is based on the DPoS (Delegated Proof of Stake) consensus protocol, where users vote on which Block Producers (BPs) will "mine" blocks on the blockchain. Additionally, this blockchain uses an alphanumeric system for user address identification, making their use and storage easier, and its innovative resource system allows for the exact cost of transactions to be calculated, irrespective of network usage, making it predictable and economical to use this blockchain.

The first block

The first block on the EOS blockchain was created on June 8, 2018, at precisely 08:08:08:

Hoken Tech - EOS first block

Since then, over 313 million blocks have been created, and nearly 6 million accounts have been created:

Hoken Tech - EOS statistics

The first EOS Hackathon

Following the first block, the first EOS Hackathon was held in Hong Kong, which saw the participation of 350 people from over 17 different countries.


The winner was IDPass, taking home $100,000. Soon after, the first conferences dedicated to this blockchain were held, including those in Korea:

Hoken Tech - EOS 2018 conference

The EOS “Constitution”

It's worth noting that the EOS community established an "EOS User Agreement," proposed by BP EOS New York, which acted as the "constitution" of this blockchain.

"Pass the EOS TORCH" event

The "Pass the EOS TORCH" event is similar to the Olympic tradition of carrying the Olympic flame from country to country towards the location of the next Olympic Games, allowing people and runners to carry a torch containing the "sacred" flame. Similarly, in the blockchain world, something similar has been created on various blockchains.


On the EOS blockchain, this type of project was also carried out, and on March 1, 2019, a fungible token called TORCH was created with a single token, which was passed from hand to hand, or rather from account to account, over 160 times.

The REX launch

The blockchain of EOS continues to innovate and introduce new improvements, including the introduction of the Resource Exchange (REX), which allows for efficient resource acquisition for extended periods. This is particularly useful for those who make numerous transactions, such as smart contracts, making resource consumption more stable, predictable, and easily plannable.

Over 100M tx/daily

In March 2020, the blockchain of EOS saw a record-breaking 100 million transactions in a single day, largely due to the increase in transactions related to decentralized applications (dApps) reflecting user activit:

Hoken Tech - EOS daily tx

ENF borned

The EOS Network Foundation was established due to the community's dissatisfaction with the lack of support from EOS creator B1.


Its purpose is to update the code, support the EOS ecosystem, and promote the blockchain of EOS through various events and initiatives.

The EOS EVM has arrived

Thanks to the strong community support and the EOS Network Foundation, the EOS ecosystem has progressed quickly, with significant milestones such as the EOS EVM, which allows anyone to bring their smart contract from other EVM-based blockchains like Ethereum into the EOS ecosystem, achieving better technical and performance advantages over any other EVM in circulation.


It's worth noting that the EOS blockchain has had and still has some of the most experienced blockchain programmers in the industry, including the legendary D. Larimer, a programmer who had the opportunity to interact with the legendary Satoshi Nakamoto. This has allowed the creation of a blockchain that has been running for over 1800 days without any downtime:

Hoken Tech - EOS 0 downtime

Future of EOS

Over the past 5 years, many things have happened on the EOS blockchain, and we have recounted some of the most interesting moments. However, in terms of technology, this blockchain still has several planned improvements, such as "instant finality" and other decentralized applications that are gradually populating the EOS and EOS EVM blockchain.


Finally, we would like to touch on a point we have not mentioned, namely the price of the EOS cryptocurrency. We share Howard Schultz's view on market volatility, which he expressed as follows:


"While Wall Street has taught me a lot, its most enduring lesson is an understanding of just how artificial a stock price is. It's all too easy to regard it as the true value of your company, and even the value of yourself."

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