EOS.IO protocol has initially been invented by the company block.one in the middle of 2017. CEO of the company, Brendan Blumer is a 32 years old entrepreneur, executive, and investor based in Hong Kong. Brendan and Daniel Larimer, CTO of company, are the key people for EOS. The release date of EOS.IO was 31 January 2018.

An interesting fact is that during the initial coin offer of EOS (the native coin of EOS.IO) investors bought about 4$ billion worth tokens, so EOS ICO is the most successful ICO ever.

EOS.IO is based on a Delegated Proof of Stake (DPOS) algorithm. Block.one states that it provides higher transaction speed than competing blockchain decisions. Another introduced feature is that investors and holders can vote proportionally to the number of coins they have.

Block.one team keeps improving by introducing new ideas.

A short chronology of recent features:

2.04.19 — EOSIO Labs: free access to open source repositories to release their products.

3.04.19 — Universal Authenticator Library (UAL): tools for integrating with various authenticators via API.

9.05.19 — The Assert Manifest Security Model: layered application architecture for improving security.

21.05.19 — The EOSIO Explorer: a web-based graphical user interface to enhance interacting and monitoring EOSIO-based applications and networks in development.

29.05.19 — iOS and Chrome Extension Authenticator Reference App: blockchain authenticating tools for users.

1.06.19 — Voice: announcement of bot-free social media without data tracking and shady algorithms.