EOS

• It can process a higher number of transactions per second than Bitcoin or Ethereum.
• Eos allows developers to build DApps while providing an ecosystem to learn.
• The people holding EOS tokens have the advantage of voting for protocol upgrades.
• It has a market capitalization of more than $4.5 billion.
• It is free to build Dapps on the platform if you are holding Eos tokens (No gas fees).

Eos was launched in 2018 by Block.one after raising a massive $4.1 billion in their ICO (Initial Coin Offering).

It was developed with the aim to provide a platform for developers to help them build Decentralized Applications (DApps). The platform itself hosts a variety of resources for developers to learn about the functionality. It has a much better transaction speed than its rival Ethereum, with just 15 transactions per second. The Eos tokens act as a medium of payment on the EOS.IO network.

Its future seems bright as it plans to clock millions of transactions in a second!

• Eos is a P2P cryptocurrency with faster payments and low transaction fees.

• It works on the Proof-of-Stake consensus algorithm.
• It doesn’t work on regular mining protocol, but block producers are rewarded with EOS for the block they produce.

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