EOS pioneers decentralized apps, community-driven governance, low fees, and WebAssembly innovation for developer projects. More
Fully Diluted Valuation | $1.03B |
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24H Trading Volume | $252,832 |
24H Low / High | $0.49 / $ 0.51 |
Circulating Supply | 669.72 M |
Total Supply | 2.10 B |
Max Supply | 2.10 B |
Categories | Smart Contract Platform 5 more |
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Founder | Block.one 1 more |
Website | eossupport.io Whitepaper |
Socials | 6 more |
Explorer | Eosauthority 3 more |
Name | Pair | OG Score |
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EOS: A Unique Decentralized Platform with Community-Driven Governance
EOS, a Layer-1 blockchain, presents an innovative landscape with the Antelope protocol (formerly EOSIO). Initially funded by Block.one's $4.1 billion ICO, EOS faced diminishing core development support. A community-led initiative via the EOS Network Foundation aimed to prevent further decay, instigating crucial technical upgrades like IBC implementation, a new consensus mechanism, and an EVM solution.
The platform stands out with its vision to revolutionize decentralized applications (dApps), addressing scalability issues by creating a computer-like environment. EOSIO, powered by the WebAssembly engine, enables near fee-less transactions, offering bandwidth, computation, and state storage through EOS tokens. This Delegated Proof of Stake (DPoS) network incorporates user voting rights, although criticisms exist due to potential centralization concerns among block producers.
EOS's uniqueness lies in its governance model, allowing EOS holders to influence decisions, where block producers execute approved changes. Its vibrant community actively shapes the network's growth, emphasizing core values like transparency and openness. With a programming language based on WebAssembly, EOS continues to innovate, fostering a low-latency, high-performing environment for developers' imaginative projects.
EOS stands out for its fee-less transactions, innovative WebAssembly-powered environment, and community-driven governance, striving to revolutionize decentralized applications (dApps) and address scalability.
EOS was initiated by Block.one, led by Dan Larimer, with contributions from several developers and industry experts.
Block.one raised significant funding, approximately $4.1 billion, through an ICO, drawing investments from various sources interested in the platform's potential.
EOS operates on a Delegated Proof of Stake (DPoS) mechanism, empowering token holders to vote for block producers responsible for validating transactions, despite concerns of potential centralization.
You can buy EOS (EOS) on Coinbase, Binance US, IndodaxLATOKENOrbix cryptocurrency exchanges.
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