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A to Z Full Forms and Acronyms

What is EOS ? | All about EOS in Short | Crypto Currency EOS

Jul 20, 2021 EOS, 2353 Views
What is EOS ? | All about EOS in Short | Crypto Currency EOS

What is EOS ? | All about EOS in Short | Crypto Currency EOS

What is EOS?

EOS is a decentralized, blockchain-based system infrastructure that enables the development, hosting, and execution of commercial-scale decentralized applications (dApps) on the platform. EOS has some potential, but Ethereum is its main competitor and is currently more popular.

When was EOS invented?

The name of the cryptocurrency EOS comes from Ancient Greek Ἠώς, "dawn". EOSIO's Dawn 1.0 was launched on June 1, 2018, on the EOSIO mainnet.

Importance of EOS?

EOS supports secure authentication and access, permissioning, data hosting, usage management, and communication between the decentralized Apps and the Internet. The EOS ecosystem has two key elements: the EOS.IO and the EOS tokens.

Future of EOS?

The EOS cryptocurrency started 2021 at $2.61, and gradually moved up to $8.72 in April, 2021. EOS peaked at the beginning of May by hitting $13.47. If we sum up, Analysts offer some positive predictions about EOS.

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EOS price, chart, market cap and info | CoinGecko

A to Z Full Forms and Acronyms