What is EOS (EOS)?
EOS Public Blockchain – EOS is a flexible, transparent and resilient public blockchain which allows users to develop real-world decentralized apps (dApps).
EOS Coin (EOS) – The EOS network is powered by its native cryptocurrency EOS. Holders can use EOS for staking, voting, and the EOS PowerUp Model.
EOSIO Blockchain Platform – EOSIO is a highly performant open-source blockchain platform that supports the EOS public network. Allows developers, institutions, and others to build with fast transaction speeds and low costs.
EOS Ecosystem – Developed by Block.One, EOSIO uses smart contracts to enable transaction layer infrastructure for security and permissions. EOS is the independent PoS blockchain network build on the open-source framework of EOSIO.
Block.One – EOSIO was developed by Block.One, which is known for producing highly scalable, high-performance, open-source software solutions to merge blockchain technology with large-scale enterprises.
The EOS PowerUp Model – The EOS PowerUp Model is a resource allocation model on the EOS Public Blockchain that allows users to pay a fee to ‘power up’ accounts to transact on the network. Idle tokens can also be deposited to receive a percentage of the power up fees that are generated by the entire EOS blockchain network.
WEBSITE: https://eos.io/
DISCLAIMER
The contents on this site are for informational and entertainment purposes only and does not constitute financial, accounting, or legal advice. By consuming this content, you agree to hold us harmless from any ramifications, financial or otherwise, that occur to you as a result of acting on information found on this site. This page may contain affiliate links to products. We may receive a commission for purchases made through these links at no additional cost to you.