EOS is an open-source platform for decentralized applications characterized by great scalability. With vertical and horizontal scaling, it is designed to scale millions of transactions per second. It employs delegated PoS consensus protocol. Operationalization of DAPPs on EOS is conditioned by the possession of EOS tokens. Block producers and DAPPS are rewarded by virtue of 5% annual inflation. The platform aims to compete with giants like Ethereum and Lisk. It was the subject of much hype in the days leading to its ICO. Its token distribution is based on a unique participation model, with distribution taking place for nearly a year, which inspires great confidence in the fairness of the process.
EOS Exchange Rates
EOS is a young platform, which means that now is the right time to read up and find out if it is a good idea to get in on the ground floor and explore the potential benefits. Our additional EOS resources allow you to do just that, with valuable news, updates, and announcements from the EOS team, interesting discussions to follow and join on Reddit and BitcoinTalk, and a host of other information channels that can help you gain a deeper insight into the functioning of EOS platform and the uses of its native token.