What is EOS.IO (EOS) ?

EOSIO Official Logo
EOSIO Official Logo

EOS.IO is an open-source blockchain platform that offers both businesses and individuals fast transaction speeds and flexible utility. EOS.IO is a blockchain protocol based on the cryptocurrency EOS. The smart contract platform claims to eliminate transaction fees and also conduct millions of transactions per second. EOS is among the top cryptocurrencies in the market with the most positive long term outlook and expected growth. The EOS token is the cryptocurrency of the EOS network. A developer simply needs to hold EOS coins, instead of spending them, to be eligible to use network resources and to build and run dApps. A token holder who is not running any apps can also allocate or rent his bandwidth to other participants who may need it. The EOS cryptocurrency has a pretty bright future ahead. The price of EOS increased 15 times its original price before the launch of its mainnet and is still thriving in the crypto market.

Original author – Dan Larimer
Programming language of implementation – WebAssembly, Rust, C, C++
Initial release
 – 31 January 2018
Development status – Currently under development
Website – eos.io

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