The EOS network will launch June 2, and it will not be familiar with the energy-intensive mining farms. Finding blocks will be protected by strong cryptography, however, the presence of supermod that starts the nodes and is responsible for the hardware platform, means that the EOS system is partially centralized.
EOS algorithm runs on delegated proof-of-stake, which is similar to PoS, but implies the adoption of decisions by the delegates, depending on the mining capacity of the selected node. They find blocks in accordance with the “continuing allegations of votes,” in which he argued that the new representatives (supernode) “go to the polls” just in 21 blocks.
In this system those who wants to be supernode should declare themselves. For example, one of the last about yourself declared the exchange Huobi in his Twitter:
EOS Speakers on Huobi Welcome to Pro X 3 a.m. SUPERNODE PARTY????????
6 campaign speeches for EOS Block Producer????????????????????????
2PM, 24th April, Macau????????, The Venetian Hotel.
????????Subscribe to live streaming now: https://t.co/c7iW4tSuJ8#eos #eosdac #supernode pic.twitter.com/gz0X90FcYD
— Huobi Pro (@Huobi_Pro) April 22, 2018
This announcement followed on the second day after a similar statement from the exchange Bitfinex. Other companies participating in the election will be ViaBTC, AntPool and SuperONE. To everyone knew about the growing list of candidates (blocks), created a dedicated website. But the vote itself is yet at the stage of simulation.
The launch of the EOS will move it from the Ethereum blockchain in their own core network. Investors EOS are required to register their tokens on the platform until June 1 as they will be frozen in the blockchain of Ethereum with the launch of the core network.