Cryptocurrency

WhatEOS Holds Successful Sydney Roadshow, Looks Towards Melbourne

WhatEOS, an organization uniting EOS blockchain enthusiasts and companies supporting the technology, held its first Australian roadshow in Sydney on April 20 at Portside Centre. Entrepreneurs and cryp

By Ray Crawford··3 min read
WhatEOS Holds Successful Sydney Roadshow, Looks Towards Melbourne

Key Points

  • WhatEOS, an organization uniting EOS blockchain enthusiasts and companies supporting the technology, held its first Australian roadshow in Sydney on April 20 at Portside Centre.
  • Entrepreneurs and cryp

WhatEOS, an organization uniting EOS blockchain enthusiasts and companies supporting the technology, held its first Australian roadshow in Sydney on April 20 at Portside Centre. Entrepreneurs and cryptocurrency specialists gathered to hear presentations from Acqeel Ziyad, the group's marketing representative, and Roger Zhou, its security manager.

EOS enthusiasts will gather in Melbourne in May for the next roadshow.

Jayden Wei, managing director of CollinStar Capital, attended the Sydney event. Ziyad, who co-founded and serves as editor-in-chief of Fintech Review, delivered remarks on EOS's blockchain standing. "EOS is a leader in the Blockchain sphere globally. Technologies being developed by the team are going to have a major impact on the way people see parts of Blockchain technology, most notably consensus algorithms such as EOS' DPoS mechanism," Ziyad stated.

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WhatEOS has set its sights on becoming Oceania's most stable and secure EOS Block Producer. Block Producers serve as connection points in the EOS network, collecting transaction information and consolidating it into blocks. The EOS.IO Technical White Paper specifies that the Delegated Proof of Stake algorithm requires 21 Block Producers to operate the network. Block Producer elections reduce centralization risks and maintain network stability. Under the DPoS model, anyone holding EOS tokens votes for Block Producers through continuous approval voting. Candidates can participate in block production if they earn enough votes from token holders.

Zhou outlined how WhatEOS operates. The team has formed specialist departments dedicated to cloud service development, legal compliance, and security. "The WhatEOS team has created multiple specialist departments, including the cloud service development team, legal team, and a vetted security team, with additional help and support from world-renowned cryptocurrency development communities," Zhou explained.

The operation uses both local servers and cloud infrastructure in a hybrid model that leverages strengths of each while minimizing weaknesses. WhatEOS bases its infrastructure across multiple regions to overcome geographic obstacles and avoid concentration in a single country. This setup provides security benefits and operational redundancy.

The team comprises veterans from other successful blockchain initiatives, exchange platforms, and related ventures. Members with prior experience working together communicate effectively and coordinate smoothly.

Three sponsors provide funding for the critical infrastructure: CollinStar Capital, Hyper Pay (which offers a multi-functional zero-fee digital asset wallet), and JNB (a Japanese exchange platform focused on strong service, security, and support). Four strategic partners add resources and guidance. Alibaba Cloud supplies world-class cloud computing infrastructure. Hatchstone, a venture capital investment and advisory firm, furnishes legal and compliance direction. HPX, a cryptocurrency exchange concentrating on RMB trading pairs with zero-fee EOS trades, provides exchange capabilities. The CollinStar Joint Laboratory, headquartered at Monash University's Clayton campus in Melbourne with a branch at Hong Kong Polytechnic University, delivers academic research support.

WhatEOS maintains accountability through three channels. Internally, the organization enforces rigorous control measures. Externally, professional auditing services perform thorough reviews. The community also watches, holding WhatEOS accountable to EOS and blockchain interests.

The server framework incorporates advanced security design, incident response procedures, and comprehensive disaster recovery planning. WhatEOS brings broad technical competencies in research, core infrastructure development, management systems, app development, and beyond. These strengths position the organization as a premier competitor for the EOS Block Producer role.

MiningPool content is intended for information and educational purposes only and does not constitute financial, investment, or legal advice.

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