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Introduction to Block.one Prepared by Block.one media team
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Page 1: Introduction to Block - High Performance Blockchain Solutions › wp-content › uploads › 2019 › 09 › Block.one_Media… · a robust blockchain ecosystem through developing

Introduction to Block.onePrepared by Block.one media team

Page 2: Introduction to Block - High Performance Blockchain Solutions › wp-content › uploads › 2019 › 09 › Block.one_Media… · a robust blockchain ecosystem through developing

Block.one

Block.one is the leader in high-performance blockchain software. In 2018, it published the EOSIO software, a free, open-source protocol designed to be adapted and utilized by the developer community and companies to create a secure and transparent back-end system. EOSIO is regarded as the fastest, most scalable, most active blockchain software in the world. It addresses the limitations of first-generation blockchain platforms while retaining the core benefits of the technology: security, accountability and immutability.

Block.one also aims to foster a robust blockchain ecosystem through developing and supporting projects built on EOSIO via its venture capital unit, EOS VC.

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Brendan BlumerCHIEF EXECUTIVE OFFICERHONG KONG

Brendan was an early investor in blockchain and transitioned to full-time involvement in the space in 2016 when he met business partner Dan Larimer and they co-founded Block.one.

Prior to Block.one, Brendan launched and exited a series of successful businesses. At age 15, he founded his first company, Gamecliff, which sold digital assets used in one of the world’s most popular online Role Playing Games, World of Warcraft, and was eventually acquired. In 2007, he started The Accounts Network, a first-of-its-kind online marketplace for in-game avatars used in Massively Multiplayer Online Role Playing Games, capturing 75% market share and generating USD 1 million revenue in just 3 months.

In 2010, he founded Okay.com, which leveraged technology to empower and inform real estate consultants and consumers about market conditions.

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Daniel LarimerCHIEF TECHNOLOGY OFFICERBLACKSBURG, VA

Dan is one of the leading innovators, engineers and thought leaders in the blockchain space. He is the co-founder of an array of successful blockchain companies, most notably the decentralized exchange BitShares, the social media network Steemit, and Block.one, publisher of the EOSIO protocol, all of which provide industrial and enterprise-grade blockchain solutions utilizing the widely-adopted Delegated Proof of Stake (DPOS) consensus mechanism, which he invented.

Recognized as an industry pioneer, Dan is one of the most high-profile figures in the blockchain arena, having garnered a decade’s worth of entrepreneurial and technical experience in the field.

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Where Are We Located?

Hong KongBlock.one provides software development services through our office in Central, Hong Kong, which is also where some of our creative, communications, marketing, finance and customer support operations are based. We recruit local, regional and global talent to drive a culture of distinction and innovation.

Blacksburg, VABlacksburg is rich in diversity and brimming with talent. The town is home to more than 200 innovative technology firms and some of the brightest technical minds - which makes it the perfect fit for Block.one as it continues to lay the foundations for the future of blockchain and the internet.

Los Angeles, CAOur office in the heart of Silicon Beach - LA’s tech epicenter - complements our engineering and other operations by amplifying who we are as a brand, and refining our visual identity and ethos. We’re building out a team of creatives who are passionate about the world of possibility Block.one activates.

Arlington, VAIn a tech hub enriched with cybersecurity expertise, our Arlington office in the Washington, D.C. metropolitan area offers careers in engineering, cybersecurity, product development and marketing.

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What Is a Blockchain?

A blockchain is a growing list of records, “blocks”, which are linked using cryptography. Each block contains a cryptographic hash of the previous block, a timestamp, and transaction data.

By design, a blockchain is resistant to modification of the data. It is “an open, distributed ledger that can record transactions between two parties efficiently and in a verifiable and permanent way.”

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Blockchain Characteristics

A Database Technology, Not an Industry· It can be used to create and track digital representations of any type of asset, item or idea (including natively digital goods)

· It will impact a variety of industries including social media, financial services, healthcare, retail, gaming and energy and can be used for supply chain tracking and identity management

· It is important to recognize the broad array of assets and other items that can be digitized on blockchains, including tangible assets such as gold, coffee cups, shoes and collectibles

· Creating a digital representation of an asset does not change the asset’s character or nature

Strengths Lie in Transparency, Immutability and Security· Core benefits include transparency, censorship resistance (immutability), security and orderly data structures which result in a high degree of auditability and reliability

· Transparency enables identical visibility of ledger information across all users

· It is designed to resist the alternation of data, eliminating asymmetric information

· Blockchains are also distributed, which means there is no single point of failure or attack vector for hackers or other malicious actors

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Decentralization Basics

Centralized Ledger· Bank holds master record · Each client site has its own ledger· Each client reconciles to bank · Must dispute each difference

Decentralized Ledger· There is one ledger · All nodes have access to ledger · All nodes work to approve reconcile · Achieve consensus

Client A Client C

Client B Client D

Node A

Node BNode E

Node D Node C

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How Does It Work?

Someone submits a transaction

The transaction is recorded

The transaction issent to the network

Newly created block is permanentlycommitted to the blockchain

Validation can involvea cryptocurrency,

smart contract or other record

Verified transactions are combined and a new block

is created on the ledger

Validation

The network of nodesvalidates the transaction and

comes to consensus

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About EOSIO

EOSIO is a next-generation, open-source blockchain protocol with industry-leading transaction speed and flexible utility.

Released in June 2018, it has been widely recognized as the first performance blockchain platform for businesses and is currently one of the most active blockchain software platforms in the world.

To find out more about EOSIO, visit eos.io

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About EOSIO

Flexible Built for public or private blockchain networks, customizable to suit your business needs

Secure Secure processing designed for mass adoption with industry-leading transaction speeds

User-Friendly Developer and consumer-friendly design built for practical real-world use cases

Scalable & Fast Industry leading speed and latency in transactions and throughput

Cost-Effective Flexible cost model by resources for operation with zero transaction fees

Eco-Friendly Sustainable and energy-efficient consensus mechanism built for performance

What Is It?

Why Use It?

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About Voice

Voice is a social platform created by Block.one that aims to redefine social media by cultivating creation, sharing, discovery and promotion of content by real users. Through a self-sustaining economy of ideas and utilization of the Voice Token (where available), Voice puts control back into the hands of the users creating an opportunity for them to directly benefit from their ideas and engagement on the platform. Built on the

EOSIO protocol, Voice benefits from inherent characteristics of blockchain technology: security, accountability, and immutability, to enable trusted and transparent social interactions on the application.

Voice will be launched on the EOS Public Blockchain. For more information, please visit voice.com

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About Voice

Characteristics of Voice: · Interactions on Voice will be public, enabling trusted and transparent social interactions to be a core part of the experience

· Voice is looking at social media in a new way, creating a platform where the value of good content gets circulated right back into sustaining the community, not corporate bottom lines

· Everyone - the user, the contributor, the platform - plays by the same rules. There are no hidden algorithms, no invisible interests

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This document has been downloaded from block.one. Members of the media are pemitted to use the text, photographs, images, graphics, logos, videos and sound recordings (“Materials”) in this media kit, subject to our website Terms of Use and Privacy Policy and these terms. You will use the Materials for editorial purposes only and not for any commercial purpose. You will comply with any instructions and guidance we give you regarding the use of the Materials. Our permission may be withdrawn by us at any time. Where possible, you will attribute the Materials to block.one (or relevant other copyright holder). You may do so in any reasonable manner, but not in a way that suggests endorsement by block.one. This media kit is provided on an “as is” and “as available” basis. We cannot promise that the media kit or any Materials will always be available, meet your requirements or be completely free of faults or errors. We exclude all conditions, representations, warranties, implied terms and statutory guarantees and any liability for any loss, damage or expense suffered or incurred by you (or anyone else) in connection with this media kit or the Materials, to the maximum extent permitted by applicable law. Block.one, EOSIO, EOSIO Labs, EOS, EOS VC, the heptahedron and associated logos are trademarks of Block.one. Block.one does not undertake any duty to update any materials herein.

Terms of Use

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Hong Kong Blacksburg, VA Los Angeles, CA Arlington, VAMedia Enquires [email protected]


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