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EOS Blockchain SmartContract Development- MLM Software Chennai

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  What is EOS in Blockchain? EOS is a blockchain-based, decentralized system that enables the development, hosting, and execution of commercial-scale decentralized applications (dApps) on its platform. How does EOS Blockchain work? EOS works on an ownership model whereby users own and are entitled to use resources proportional to their stake, rather than having to pay for every transaction. So, in essence, if you hold N tokens of EOS then you are entitled to N*k transactions. Introduction about EOS smart contract : Simple words about contract: A contract defines a digital asset and a set of inputs/rules to be adhered to by both daily basis, any contract is meant to ensure an agreement between parties in order to complete a particular service or transactions which attain the goal of meeting their common queries. The transactions will complete when it’s possible as long as all of these strategies are met. EOS smart contract: Likewise EOS smart contracts acts in the same