EOS Cryptocurrency Review – Why Invest in EOS Coin? Dan Larimer, Bitshares and Steem’s founder and creator started EOS. Steem and Bitshares are two successful cryptocurrency platforms that still run today, meaning that the founder has already performed two successful case studies.
EOS is the first blockchain in the world that has its constitution. The project launched in 2017. It is software that implemented a new architecture of the digital payment system. Its principles are: scalable, flexible, and usable.
The EOS software allows individuals and organizations to create blockchain applications that look like web applications.
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EOS Cryptocurrency Review – Why Invest in EOS Coin?
The EOS cryptocurrency tokens are called ERC-20. These are compatible with those distributed by the Ethereum blockchain.
With EOS, developers can build applications – they need to hold EOS tokens to participate in the EOS ecosystem.
By owning EOS coins, you can claim EOS server resources, which is how these developers can use the EOS blockchain, which doesn’t mean developers have to spend the coins to participate but prove they hold them.
Due to EOS technology, it is possible to realize millions of transactions per second. Therefore, it is a massive step for the blockchain’s networks. Remember, Bitcoin cryptocurrency is limited to only three transactions per second and Ethereum to 30 transactions per second.
The EOS platform is undoubtedly one of the most promising blockchains in the world. All we have to do is watch how it will develop in time and make sure we are making the right choices.
EOS Cryptocurrency Review – Why Invest in EOS Coin?
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