What is EOS? Blockchain Platform for High Scalability DApps

Check Today's Crypto Market:

Bittime - Amid the rapid development of blockchain technology, the need for a scalable and efficient platform to run decentralized applications (DApps) is growing. EOS (EOS) comes as an innovative solution, offering a blockchain platform designed to support DApps with high scalability and low transaction fees.

What is EOS (EOS)?

EOS is an open-source blockchain platform designed to support DApps with high scalability and exceptional throughput. The platform uses a Delegated Proof of Stake (DPoS) consensus model that allows EOS to process thousands of transactions per second.

Key Products & Features of EOS (EOS)

• EOSIO: A blockchain operating system that allows developers to build DApps easily and efficiently.
• EOS VM: A WebAssembly-compatible virtual machine, allowing developers to use their favorite programming language to build DApps on EOS.
• EOSDAC: A decentralized governance platform that allows EOS token holders to participate in platform decision-making.
• EOS REX: A decentralized exchange for EOS tokens and other tokens.

Also read: Web3 & Metaverse, Future Technology Trends

What Is EOS Token?

The EOS token is the EOS blockchain's native utility token used to:

• Pay transaction fees on the EOS blockchain.
• Stake to earn rewards and improve network security.
• Participate in EOS blockchain governance.

Tokenomic Token EOS

• Total Supply: 1 billion tokens
• Distribution:
  • 70% - Public sale
  • 20% - Block.one (EOS developer)
  • 10% - Dana EOS
• Vesting Schedule:
  • Tokens allocated to Block.one and EOS Fund will be vested for 4 years.

Read also:

EOS Fundamental Analysis (EOS)

• Cutting-edge technology: EOS uses cutting-edge blockchain technology to achieve high scalability and outstanding throughput.
• Experienced team: The EOS team consists of blockchain experts and experienced developers with a proven track record.
• Growing community: EOS has a rapidly growing community with over 1 million active users.

EOS (EOS) Comparison & Competitors

Check Price :

Founder & Tim EOS (EOS)

• Dan Larimer: CEO of Block.one and co-founder of EOS.
• Brendan Blumer: CTO of Block.one and co-founder of EOS.
• Charles Hoskinson: Co-founder of EOS and founder of Cardano.

Expert Opinions on EOS (EOS)

• CoinShares: EOS is one of the most scalable blockchain platforms on the market.
• Messari: EOS has the potential to become the leading DApps platform in the future.

Conclusion

EOS is an innovative blockchain platform with high scalability and outstanding throughput. With cutting-edge technology, an experienced team, and a rapidly growing community, EOS has the potential to become the leading DApps platform of the future.

How to Buy Neo (NEO) on Bittime

You can buy and sell EOS (EOS) in an easy and safe way via Bittime .  Bittime is one of the best crypto applications in Indonesia which is officially registered with Bappebti.  

EOS (EOS) is available on Bittime with the EOS/IDR  market pair. To be able to buy EOS IDR  on  Bittime  , make sure you have registered and completed identity verification. Apart from that, also make sure that you have sufficient balance by depositing some funds into your wallet. For your information, the minimum purchase of assets on Bittime is IDR 10,000. After that, you can purchase crypto assets in the application. 

Learn  the complete guide on how to buy EOS (EOS) on Bittime.

Monitor price  chart movements of  EOS (EOS) ,  Bitcoin (BTC) ,  Ethereum (ETH ),  Solana (SOL )  and other cryptos to find out today's crypto market trends in real-time on Bittime.

Read also:

Get to Know Token Migration and How It Works

Understanding the Difference Between Cryptocurrency vs Quantum Computing

Understanding Scaling Solutions in Cryptocurrency

DISCLAIMER: This article is informational in nature and does not constitute an offer or solicitation to sell and buy any crypto asset. Trading crypto assets is a high-risk activity. The price of crypto assets is volatile, where prices can change significantly from time to time and Bittime is not responsible for fluctuations in the exchange rate of crypto assets.