EOS, What does it mean?

EOS is a term used in the cryptocurrencies field. It is key to understand it in order to fully understand this world

Definition of EOS

EOS is a blockchain-based, decentralized platform used to develop, host, and run business applications, or dApps. EOS launched In June 2018 after an initial coin offering that raised $4.1 billion in crypto for Block.one, the company that developed the open-source software called EOS.IO that is used on the platform. EOS cryptocurrency tokens are used as a payment system on the network.

EOS is related to

Cryptocurrency

See more: Cryptonyms glossary