EOS (EOS) is an open source blockchain platform and decentralized operating system created by Block.one. It was designed to make it easier for developers to create and deploy decentralized applications (DApps) on the blockchain. It offers a unique set of features that make it an attractive platform for developers, including scalability, low fees, and the ability to freeze and reverse transactions.
EOS is built on a Delegated Proof-of-Stake (DPoS) consensus system, which allows for faster transaction times, higher scalability, and lower fees than other popular blockchains. DPoS also allows for more decentralized governance, as users can vote on changes to the protocol and choose which block producers will be responsible for validating transactions.
The EOS platform is powered by its native cryptocurrency, EOS tokens, which can be used to purchase resources for developing and deploying DApps. The token also pays for network resources, such as RAM, CPU, and network bandwidth.
EOS has seen rapid growth since its launch in 2018, and many developers have chosen to build their projects on the platform. The project is backed by a number of influential investors, including Pantera Capital, Galaxy Digital, and Block.one.