EOS Price Analysis – 3rd December 2021
EOS Price Analysis - 3rd December 2021
The EOS (EOS) platform, created by Block.One, is a global computing network designed to host decentralized applications (Dapps), and decentralized autonomous corporations (DACs). The EOS network hosts smart contracts on Virtual Machines and competes with other Dapp or smart contract platform blockchains, including Ethereum (ETH), Tronix (TRX), and NEO (NEO). The ETH and NEO platforms use gas to pay for units of computing power while EOS uses RAM.
The EOS blockchain went live on June 14th, 2018, after raising ~US$4.2 billion in a controversial year-long ICO. The EOS blockchain uses a Delegated Proof of Stake (DPoS) consensus model.
Technical analysis
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