Understanding EOS

EOS is a platform built for developing distributed apps. EOS aims to become a decentralized operating system that can support the industrial-scale decentralized application.

EOS was formally launched in 2017 by Block One, based in the Cayman Islands. EOS CEO, Brendon Blumer, has been involved in blockchain since 2014. Previously, he has been involved in companies that dealt with currency exchanges in MMORPGs and in real estate.

EOS CTO, Dan Larimer is the creator of delegated proof-of-stake and decentralized autonomous organizations (DAO's). He is also the man behind BitShares and Steem.

The creators of EOS are planning to completely remove transaction fees. EOS claims to have the ability to conduct millions of transactions per second.

EOS currently is the largest active blockchain which means that most of the blockchain activity performs in EOS.

Source: Blocktivity

EOS blockchain accounts for around 79.5% of all the transactions and activity on all blockchains.

Source: Bloctivity

Despite its massive share of activity, EOS investors are only around 5.1% of all investors. The majority of investors invest in Ethereum (ETH), which has had many complaints about its excessive or expensive transaction fees.

Source: Blocktivity

From this data, EOS seems to be one of the cryptocurrencies you can choose to invest into for future gains.

To invest in EOS you can choose one of the exchanges below and get some rewards for joining using the link provided.

1. CoinBase - this is one of the most popular platforms because it is easy to use on your phone or tablet and is available in most countries. When you join CoinBase you can get AUD 13.84 in free Bitcoin when you buy or sell AUD 138.41 or more, by using the above link.

2. One of the favorite platforms to use for purchasing EOS is Crypto.com In this platform you can earn interest on a wide variety of coins, up to 12%, as well as apply for a crypto debit card. This operates similar to a pre-paid Visa card, where you top up before use, either with cash or crypto. We also have rewards up to $50 for new investors when using the above link to create a new account.

3. Celsius is a platform that works and operates similar to a bank, where you can deposit and earn interest, or borrow against an asset to receive cash or coins. Interest rates may vary from 2% up to 10% or more, depending on how stable the coin is seen to be. Please use the above link to create a new account and you may receive up to $20.

If you have any questions, please get in touch via the "Contact Us" section of the homepage and we will do our best to assist you.