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About Beos
“BEOS is a new privately funded blockchain, a straight clone of EOS intended to serve as a middle chain between BitShares and the EOS main chain. Its goals are token portability and jurisdictional agility. It does these functions without requiring any modifications to or cooperation from either BitShares or EOS communities, neither of which are involved in its development. BEOS tokens serve the same functions as the EOS token on the EOS main chain – giving holders voting and access privileges to network resources.
Token portability means that all BTS and EOS tokens can move between these systems transparently, increasing the utility of the BitShares smart coin factory and access to EOS smart contract technology.
Jurisdictional agility, including Sovereign Sky’s nodes in space, are the key innovation and reason why BEOS will be favoured by industrial users, enabling them to ensure compliance in the jurisdictions in which they choose to transact.
Reliable governance. The BEOS blockchain will be governed by a board of five trustees in a non-profit Utah-based BEOS Limited Cooperative Association (BLCA). Trustees serve staggered 5-year terms to ensure the stability of operations for businesses wishing to build on BEOS without fear of perturbations from stakeholder voting that might change the terms of service precipitously. Stakeholders vote for block signers, preserving the decentralized nature essential for blockchain integrity.”
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