EOS what and why is it different from other Blockchains?
EOS or Cryptocurrency trends over the past couple of years has been unquestionably astonishing. There is no signs of fatigue since many numbers of people are entering into the market or trading of cryptocurrencies. Now, CoinMarketCap a research agency says that there are more than six thousands virtual coins that are traded that are base on different blockchain networks.
Ectro-optical System (EOS) is one of them which was launched in june 2018. Blockchain has grabbed the attention of many investors and programmers. It was considered as an “Etherum Killer” at one time.
Lets talk about what is EOS?
The EOS.IO is an open-source stage that is intended to permit engineers to fabricate decentralized applications, otherwise called dApps. The digital currency that determines the organization is called EOS. A year prior to its send off, the whitepaper for its product was delivered.
The’s venture will likely simplify it for developers to embrace blockchain innovation. It means to accomplish that by guaranteeing its organization is more straightforward to use than rivals. The other variable that recognizes EOS from rivals is adaptability. While the greater part of its opponents can not as much as handle twelve exchanges each second, EOS vows to be way in front of them.
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Let’s talk about who are its founders?
The stage was sent off by Block.one, a product organization work in blockchain advances, and was established in 2016. Block.one chiefs Daniel Larimer (CTO) and Brendan Blumer (CEO) approved the EOS whitepaper. One of Blumer’s first organizations was selling virtual game parts. Larimer has likewise sent off various digital money projects, including the BitShares exchanging stage and the Steem blockchain.
The stage was sent off by Block.one, a product organization spend significant time in blockchain advancements, and was established in 2016. Block.one chiefs Daniel Larimer (CTO) and Brendan Blumer (CEO) approved the EOS whitepaper. One of Blumer’s first organizations was selling virtual game parts. Larimer has likewise sent off various cryptographic money projects, including the BitShares exchanging stage and the Steem blockchain.
Let’s talk about why is EOS different?
The company claims that it at least has hundreds of dApps requirements handling capacity. Comparing to bitcoin mining EOS crypto tokens are earned and created in a unique way.
For each block which is created by the users, they rewarded with the EOS fresh coins.
To the Ethereum blockchain EOS blockchain is pointed as a main and straight competitor. Now, with a total flow of 1.02 billion of coins, about 936 millions of EOS coins are in circulation. Initianl coin offering for EOS beagn in june 2017 which lasted for a year. In which total amount $4.02 billion was upraised.