EOS is a blockchain-based, decentralised system that allows commercial-scale decentralised apps (dApps) to be developed, hosted, and executed on its platform. EOS has no official full form, and its developers have decided not to describe it fully.
EOS is now rated 10th on the global scale of cryptocurrencies. For those wishing to invest in the EOS currency, 625 million EOSs are in circulation at present. For this reason, we can consider EOS as pretty safe in all aspects.
Even though EOS is trying to boost up the market, many users still believe that EOS is a small fish in this giant sea.
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The initial coin offering lasted one whole year, from June 26, 2017, to June 26, 2018. Following the introduction of EOS, users got one billion ERC-20 tokens.
EOS developers released tokens on the Ethereum technology to raise money, as the EOSIO was not launched during that time. Still, EOS was able to garner over $4 billion. And, subsequently, they developed the EOS blockchain and EOS ecosystem.
EOS provides all of the necessary basic features to help organisations and people to develop blockchain-based apps.
No. They have a team of block producers. The production is carried out based on the requirement of blocks.
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EOS is a blockchain-based, decentralised system that allows commercial-scale decentralised apps (dApps) to be developed, hosted, and executed on its platform.
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