What is EOS

EOS is a blockchain network & platform for decentralized applications built on own blockchain. It performs many of the same functions but with much greater capacity — up to millions of transactions per second.

EOS stands for Ethereum Operating System – unofficially. The EOS crypto currency token sale raised $4 billion over a year-long ICO.

Despite the continued gloomy market, mass adoption of dApps [Decentralised Applications] has not taken a back seat.

Most of Decentralised Apps [dApps] come from DEX [Decentralised Exchange], however, adoption of dApps on Ethereum’s platform has been crushed by an increase in dApps in the platform of EOS.

Over a longer period of time, this crypto currency will increase in tandem with the usability of the EOS platform. Many of the enterprises, companies and developers are looking for such a decentralized blockchain based platform, EOS future looks bright.

Also owing to the parallel execution, the scalability of the platform is huge. The same developer is able to run multiple applications that are similar on the blockchain based platform. This, in turn, opens up doors for more and more decentralized applications as well.

Yesterday EOS gain 4th Rank in Coin Market cap