Friends, I would like to talk with you about a project that managed to raise the most funds during the ICO, and the name of this project is EOS. In this article, we will try to understand the essence of this project, and look to the future for its prospects.
What is the EOS cryptocurrency?Cryptocurrency EOS is a digital platform for creating decentralized applications. If you compare EOS with other projects, then it is very similar to Ethereum.
The EOS cryptocurrency is another project that is associated with the name of Daniel Larimer, who managed to manage for his young age, will light up in several projects that brought new ideas and developments to the world of crypto, they are Steemit and BitShares projects.
When creating the EOS project, the main goal of the developers was to win a part of the audience from Ethereum, offering it a more scalable platform for creating decentralized applications. But, if Ethereum can be compared to a supercomputer for creating decentralized applications, then EOS is the operating system with which you can create Dapp, which makes it more flexible for developers.
Technical features of EOS:As I said, the EOS cryptocurrency is an operating system for building block applications, based on the consensus mechanism of DPoS, according to which network users select the block manufacturers by voting. The project team created a design that can not only quickly and easily create applications, but also manage accounts and databases. The EOS functionality also allows integration of authentication, as well as application planning principles for application development.
Initially, the EOS project released its tokens on the ERC20 protocol, but after launching its own network on June 2, 2018, they left it and became independent.
To protect against DDoS attacks, EOS uses bandwidth.
Advantages of EOS:Since the EOS network was launched just a month ago, it's difficult to single out its disadvantages. But, despite this, the network has already faced certain problems that caused the project team to block the network. This assessment of EOS can only be given after the number of applications developed on EOS increases, and the market will recover again. Such conditions will show the true face of the "killer of the etherium."
The main advantages of the project include:
• high scalability;
• ease of use with the platform.
To implement this project, a lot of money was attracted. At the time of this writing, around four billion dollars have been raised over several rounds of ICO. We hope that all of them have achieved their goals.
Where to buy EOS cryptocurrency?Capitalization of the EOS crypto currency is about 8 billion dollars. This capitalization forms almost 900 million EOS tokens with a value of $ 9 per token. The remaining 100 million tokens are reserved for the project team.
Recently, the list of exchanges where you can buy EOS tokens has greatly expanded, but the most convenient and safe is the Binance exchange. On this trading floor, you can buy EOS for USDT, BTC, ETH and Binance Coin. After buying the tokens, you can store them on the exchange, or you can transfer them to the Exodus wallet.
EOS News:After the main EOS network was launched, more news on this project appeared on the Internet. In this subsection, I decided to collect the most relevant:
• The decentralization of EOS was criticized by Weiss Ratings;
• According to the Chinese rating, the EOS project was placed on the first place among the block projects;
• A few weeks later, the chief developer of EOS suggested rewriting the constitution of the project.
• More news -
https://cointelegraph.com/tags/eosThank you all for attention!