Why buy EOS (EOS)
It’s a strategic choice if you’re interested in one of the leading platforms for decentralised application (dapp) development. Imagine blockchain as the internet, smart contracts as the World Wide Web, and dapps like Facebook, Google, or YouTube. EOS aims to be at the forefront of this development and improve user and business experiences, making blockchain technology integration more accessible for developers.
This objective is undoubtedly a valid reason to buy EOS, as it offers a wide array of resources for developers looking to build decentralised solutions on the network. The goal of this network is straightforward yet challenging: to facilitate the everyday integration of blockchain technology through dapps.
What is EOS, and How Did It Start?
EOS is a blockchain platform that aims to enrich the DeFi sector. It allows the development and execution of decentralised applications capable of handling millions of simultaneous users, thanks to its scalability-oriented structure. While its operation is similar to Ethereum, it has distinct advantages, especially regarding transaction fees, which are significantly lower than most competitors.
Well-known figures in the crypto world created EOS. Daniel Larimer, co-founder of the project with Brenden Blumer, is known for creating Bitshares and Steem, the blockchain behind the Steemit social network. As the Chief Technology Officer (CTO) of Block.one, Larimer is the principal architect behind the Eos.io software. Larimer had previously experimented with his invention of a new consensus mechanism, the Delegated Proof-of-Stake (DPoS), which truly shines with the rise of EOS.
Finally, suppose you’re deciding whether to buy EOS. In that case, it’s essential to know that this blockchain is renowned for launching one of the largest ICOs in history: it raised over 4 billion dollars by selling 1 billion tokens in its first year.
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