Introducing Wallet For EOS

Blockchain Experts
Wallet for EOS
4 min readAug 10, 2018

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To many blockchain technologies is anonymous and still in its infancy. At the same time, in parallel to a major public, it’s an emerging technology with a lot of promises and hopes, accounting for transparent, cheaper and quicker transactions across the globe. The introduction of EOS blockchain tailored a new blockchain architecture eliminating the early scalability issues found in Ethereum and other blockchains. It expanded the possibility of introducing blockchain technology to several other businesses.

Today EOS, acts as performance-based cum self-governing blockchain, providing an operating system to built large-scale consumer-facing distributed applications. EOS comes as a promising platform with robust attributes. The airdrop comes as a substitution for ICO in EOS technology with many appreciations like the wider distributions and legally binding, making it superior to the ICO models.

This article outlines the context, vision and software architecture of Wallet For EOS, a platform to know the status of your custom token built in EOS platform.

Why Wallet For EOS?
Unlike Ethereum, EOS projects choose to collect zero funds up front. They simply drop their token to the EOS community to fund their project. The EOS markets later decide the token value based on demand. The team can then sell some of its tokens to raise money. Since it’s easy and practically free to start a project on EOS, it creates advantages for new players.

If you have an account in EOS, you’ll be probably credited with many airdropped tokens. But the dilemma is, one cannot access or view their token balance unless they are proficient and well versed with EOS technology.

Similarly, If you want to create a “YOUR COIN”, which is basically a token built in EOS platform using eosio.token contract, and want to further list them in a wallet, it’s quite tedious and strenuous. As to date, there is no provision or any platform to view or know about your custom coin balance built in EOS. We eradicate this issue via introducing Wallet For EOS, a simple yet intuitive tool. With Wallet For EOS, one can seamlessly access the information with regard to their custom built EOS tokens. Wallet For EOS is the latest innovation from the blockchain expert group to serve the diverse group of EOS Token holders.

Our Vision
We aim to serve the EOS Token holders via helping them to right away track their crypto coin balances with Wallet For EOS.Unlike the conventional platforms widely available online, that enables with access to EOS account balance (main EOS coin), Wallet For EOS comes with an exclusive function of managing the end user’s custom tokens in EOS platform.

Wallet For EOS is exclusively crafted for knowing the balance of your custom tokens built in EOS platform. End users can easily access to their crypto token balance by entering their token contract name and account name. Wallet For EOS is flawless, extensive and encompassing with all essential particulars.

One can seamlessly track the details pertaining to resource information like RAM and Bandwidth. Wallet For EOS gives account info like EOS, RAM (used/quota) and Bandwidth( CPU and NET bandwidth). It shows the status of both delegated and staked bandwidth to know the current status of the user.

Secondly, the platform gives the glimpse of the token holder displaying his account information; the main token balance, his/her current holdings with respect to total supply and also provides with a visual display on the percentage of ownership acquired by the token holder.

How Wallet For EOS works?
In a simple process of entering the user’s account name and token name, along with selecting the network one can easily access to the token balance review. The ideal part is Wallet For EOS currently supports both “EOS Mainnet” and “EOS Jungle Testnet”. When a user opts to view balance, there will be three API requests that are made, to one of the current block producer’s of the respective network. These three API requests are to check the following- ie the existence of a contract, the existence of account name and the balance query.

Wallet For EOS- Attributes
1. Wallet For EOS maintains confidentiality adhering to every action within the network.
2. Wallet For EOS queries the result from block producers and displays them in no time to the token holders.
3. Wallet For EOS works ideal and supportive for tokens in EOS Mainnet and EOS Jungle Test net.

Related Topics:

EOS RAM Market | EOS Blockchain| Hyperledger fabric

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Blockchain Experts
Wallet for EOS

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