EOS

• Native cryptocurrency of the

• EOS.IO

• blockchain protocol

• Enables fast and efficient operation of decentralized applications (dApps)

• Used as a utility token within the EOS ecosystem

• Prioritizes high performance, flexibility, security, and developer experience

• Initially had a total supply of 1 billion tokens

• The annual inflation rate was reduced from 5% to 1% in February 2020

• Employs an ownership model where holding EOS grants access to network resources

As of today 21 November 2024, the price of EOS is ₹56.95 INR, with a 24-hour trading volume of 199479344.66 USD. The market capitalization for EOS is 995368318.46USD. The circulating supply is 1528739808.14 EOS, with the total supply also being 2100000000 EOS.

• Scalability and Speed

• No Transaction Fees

• Strong Developer Support

• High-End Partnerships and Continuous Improvements

• Decentralized Autonomous Organizations (DAOs) and Smart Contracts

• Centralization Concerns

• Security and Hacks

• High Volatility

• Competition

• Reputation and Trust Issues

• Potential for the

• EOS.IO

• platform to become a leading environment for dApps

• Continuous development and strategic partnerships

• Allows token holders to access network resources without paying per-transaction fees

• Addresses scalability, speed, and flexibility issues faced by earlier blockchain platforms

• Launched by Dan Larimer and Brendan Blumer, part of Block.one

• Raised $4.1 billion over a year-long token sale

• Regulatory changes, technological challenges, market volatility, competition, governance issues or stakeholder disagreements could impact the network's development and token value.

whitepaper introduces a blockchain architecture to enable vertical and horizontal scaling of decentralized applications. This is achieved through an operating system-like construct upon which applications can be built. The software provides accounts, authentication, databases, asynchronous communication, and the scheduling of applications across multiple CPU cores or clusters.

The resulting technology is a blockchain architecture that has the potential to scale to millions of transactions per second, eliminates user fees, and allows for quick and easy deployment of decentralized applications.

aims to address these issues by providing a more scalable infrastructure with excellent usability.

is intended to provide a complete operating system for decentralized applications by providing services like user authentication, cloud storage, and server hosting.

software uses a Delegated Proof of Stake (DPoS) consensus mechanism, where token holders vote for block producers responsible for validating transactions and securing the network. This system is designed to be more efficient and flexible than traditional Proof of Work (PoW) systems.

allows developers to use resources proportional to their stake. This stake also enables token holders to participate in the on-chain governance of the blockchain, including proposing and voting on changes to the protocol.