EOS facilitates dApp operation using an OS-like structure, solving scalability issues. It employs DPoS, enabling free transactions but concerns about centralization exist.
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EOS is designed to enable the operation of decentralized applications (dApps) by addressing current blockchain limitations, especially scalability. It creates an operating system-like environment where applications can be developed, providing functionalities such as account management, authentication, databases, asynchronous communication, and application scheduling across multiple CPU cores. The EOS blockchain aims to replicate the performance of a traditional computer using familiar computing concepts. Key resources required for dApps include bandwidth (disk space) for data transmission, computation (CPU) for processing, and state storage (RAM) for data storage on the blockchain. Developers must acquire EOS tokens to utilize these resources, while end-users can transfer tokens freely—cos...
As of now, EOS is trading at 0.8458 USD, with a 24-hour trading volume of approximately 34.16M USD. The EOS to USD price is updated in real time. Over the past 24 hours, EOS has increased by 9.09%. It remains the top-ranked cryptocurrency on CMC.IO, with a market capitalization of about 1.32B USD. Currently, there are 1 562 304 095.5161 EOS in circulation out of a maximum supply of 2 100 000 000 EOS.
CMC.IO provides a fundamental analysis of the crypto market. In addition to tracking price, volume and market capitalization, CMC.IO tracks community growth, open-source code development, major events and on-chain metrics.
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