BPAC, (Block Producer App Coalition), a global alliance of four powerhouse EOS application developers, has announced its candidacy for EOS Block Producer. The four founding members of the coalition have come together with the aim to support decentralized applications (or dApps) and developers building applications on EOS.
The BPAC team includes four well-established names of the blockchain world - BLOCKv (http://blockv.io), a programmable blockchain layer; Workcoin (http://workcoin.net), a decentralized platform for freelancers; SpringRole (http://springrole.com), a protocol for professional attestations; and, White Rabbit (http://whiterabbiticos.com), an ICO discovery and indexing platform.
Kurt Braget, AppStore Lead said, "Today, several major companies, banks and governments looking to build enterprise level applications on the blockchain, and leverage the smart-contract technology. Although, we have been witnessing the Ethereum network being hammered with traffic in several instances making it clear that the network can handle a pretty small volume. Thereby, it is high-time to switch to an advanced version EOS. Our collaboration is an attempt to ease this transition from (Ethereum to EOS) for the businesses."
Positioning itself as the App Store for EOS, BPAC plans to support the entire ecosystem of dApps, and not individual dApps. BPAC will also contribute to the community by allocating a percentage of EOS yielded by the BP to building and promoting dApps on the BPAC dApp Store. The company will also showcase and recognize the builders of dApp development tools in the EOS dApp ecosystem.
"BPAC is committed to helping developers with the long waiting transition from Ethereum to EOS through educational tools and dApp ecosystem support. The high transactions costs and scalability issues have slowed down development on Ethereum and created a key need for the developer community to make the switch. BPAC is preparing to be the central pillar of support in this transition," said Kartik Mandaville, CEO, SpringRole and technical Lead explaining the urgent need of the platform for the businesses.
The vision behind BPAC is to create a healthy dApp ecosystem and community for the success of EOS as the platform will not just provide the ability to communicate asynchronously between public and private blockchains but also give the bandwidth to fix bugs.
(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)