EOS news reveal significant and relevant information about the most successful ICO of all time and the blockchain platform which aims to kill Ethereum. Launched in June 2018 after a year-long fundraising campaign which managed to accumulate $4 billion, EOS is an ambitious take on the concept of a smart contracts platform and global operating system for decentralized applications (dApps).
The blockchain project was created by Bitshares and Steemit architect Daniel Larimer, and the governance revolves around 21 elected block producers who curate the ongoing operations. It's yet another take on the dPOS (Delegated Proof of Stake) consensus protocol. A new EOS block gets released every half second, and the total supply amounts to roughly 1 billion tokens (of which 944 million are already in circulation).
EOS is a project under the umbrella of Block.one, a cryptocurrency conglomerate registered in the Cayman Islands, which is headed by Daniel Larimer and Brendan Blumer.
Crypto Insider will keep you updated with the most relevant EOS news and offer you insights on price movements, technical developments, and other relevant events.