Leading Founder: Daniel Larimer
Main Network Launch: June 6, 2018
Issue Limit : 1 billion EOS
EOS (transaction code: EOS) is a token in the EOS.IO ecosystem. After the EOS main network was officially launched, the EOS token on the ERC20 of Ethereum was mapped onto the EOS main network.
EOS is a blockchain-based, decentralized system that enables the development, hosting, and execution of commercial-scale decentralized applications (Dapps) on its platform.
EOS.IO aims to supports commercial-scale applications. Features of the platform include no fees and millions of transactions per second. EOS claims that because it uses the technology of equity authorization (DPOS) mechanism and parallel processing, it can process a transaction volume of one million per second; solving the problem of speed, scalability, and flexibility that often become a bottleneck for such blockchain-based systems.