What is EOS (EOS)?
EOS is a cryptocurrency and an operating system architecture designed to support commercial-scale decentralized applications by providing all of the necessary core functionality, allowing business to build blockchain applications in a way similar to web-based applications. EOS’s asynchronous communication and parallel processing provide scalability, while its ownership model eliminates transaction fees.
EOS (EOS): History
EOS was introduced by Dan Larimer the founder and creator of Bitshares as well as Steem. EOS is given by block.one, a Cayman Islands exempted company. The initial EOS token distributed from June 26, 2017, to June 15, 2018. A total of EOS token cap defined at 1 billion EOS. EOS was first announced by Dan at the Consensus 2017 with an odd ICO launch. Fenbushi Capital, Li Xia Lai, Blockchain Capital, Michael Cao, Yunbi, Bitfinex, Aurora Investment advisors and Hyperchain Capital are some of the investors during the initial token distribution.
How Does EOS (EOS) Work?
EOS offers a distributed operating system with DAPPS support, initially built on the Ethereum network. Every transaction on the EOS network is free, but the developers have to pay in EOS to host their DAPPS on the network. EOS token holders will be able to rent/delegate their share of resources to other developers; the ownership model ties the value of EOS tokens to the supply and demand of bandwidth and storage. EOS also offers the ability to fix bugs and rollback changes with supermajority consensus, instead of requiring a hard-fork. It is because of EOS using delegated-proof-of-stake, whereby multiple witness-nodes are nominated by the network as representatives to make certain high-level decisions more quickly, without polling the entire network.
How to Buy EOS (EOS)?
To buy EOS coins, you have to create a wallet for storing your coins safe. You can MyEtherwallet to store the coins. Then you can buy Ethereum either by using Coinbase or CEX.IO. Finally, exchange the Ethreum for EOS.
EOS (EOS) Price Prediction 2018
EOS can be a profitable investment option. EOS price equal to 8.318 USD at 2018-02-08. If you buy EOS for 100 dollars today, you will get a total of 12.022 EOS. Based on our forecasts, a long-term increase is expected, the price prognosis for 2023-02-02 is 157.099 US Dollars. With a 5-year investment, the revenue is expected to be around +1788.62%. Your current $100 investment may be up to $1888.62 in 2022. EOS (EOS) price today is $8.16 and have the current supply of 655,597,628 EOS. The market cap value is $5,350,909,165, and the volume is marked as $688,454,000. EOS price prediction, EOS price forecast, EOS price and news, EOS price forecast, EOS price prediction 2018, What is the price of EOS 2018.