A DeOS is a global public blockchain as a service which allow users to securely register their assets, identities, auditable records, data, and run smart contracts without the payasyougo 'gas' model as with Ethereum.
The sudden public funding of a rival smart contract platform to Ethereum with radically different architecture has surprised many in the space. The recent troubles with the DAO and the ongoing controversy over the splinter into Ethereum and Ethereum Classic may have been factors driving consideration of alternatives.
https://www.ccedk.com/ico/deos
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