WHAT IS EOS?
• EOS is a blockchain-based, decentralized operating system, designed to support commercial-scale decentralized applications by providing all of the necessary core functionality, enabling businesses to build blockchain applications in a way similar to web-based applications.
• EOS positions itself as the most powerful infrastructure in existence for decentralized applications. Ever since Ethereum got a lot of traction, the DApps ecosystem has suddenly become a lot more popular.
• How EOS will factor into all of this remains to be determined. The team has focused on the critical pillars of blockchain which most other cryptocurrencies seem to be struggling with right now. Scalability, for example, is very hard to come by in the world of cryptocurrency these days. There are very few currencies which have a relatively stable network in this regard, let alone one that is future-proof. EOS wants to support thousands of commercial-scale DApps in the future, which is quite ambitious.
•. 20% of the EOS token supply were sold for about $185M in ETH over the first 5 days of the 341-day long token sale. (And 10% are reserved for block.one). The structure of the token sale is such that the remaining 70% (i.e., the majority) of EOS tokens will be produced and sold at market value.
• EOS uses delegated-proof-of-stake and introduces the ability to fix bugs and rollback changes with supermajority consensus.
MARKETCAP , RATE , CIRCULATING SUPPLY OF EOS:
EXCHANGES LISTED ON:
UNIQUENESS OF THE CURRENCY:
Unique
• It is cheap compared to the market
• First P2P-testnet coming this year. ...
• EOS is still completely misunderstood by a lot of people. ...
• Dan Larimer has a good trackrecord. ...
• EOS is thousands of times faster than Finally we'll see a usable DEX.
• Block.one has a lot of money
• A growing community.
STRENGTHS OF TH PROJECT:
• Parallel Processing: The ability to do things in parallel, faster transaction speeds and more scalability.
• A Constitution: A set of rules on which everyone agrees upon, these are linked to every block mined.
• Self Sufficiency and Evolution: The current model allows for a 5% inflation, this will be used to develop the network further.Decentralised operating system:
• EOS is similar to a decentralised operating system, in practice this means that developers can build applications on EOS. Owning EOS coins is a claim on server resources. A developer needs to have EOS coins to use the EOS blockchain. Developers will not spend the coins to use the server resources, s/he just need to prove they hold them.
FINALLY IS IT WORTH INVESTING IN EOS?
• This question is impossible to answer at this time. The current ICO mania could be a factor in buying tokens at a high price, the regulation around tokens is weak at best. EOS is still a baby and still needs to make it’s first steps before it can be considered mature. On the other hand, EOS is the first decentralised operating system. Investing in this ICO is a risk, but the rewards could be equally high. EOS is a good investment according to one’s own personal risk regarding investments and investment portfolio. Good Luck