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What is EOS
The EOSIO platform was developed from a whitepaper written in 2017 by the company block.one. Its official release in 2018 came after funding from an ICO selling one billion of the project’s token, EOS. The network uses a delegated Proof of Stake consensus mechanism and focuses on scalability, flexibility, and mainstream adoption in enterprise use.
EOS has a sophisticated governance structure that lets token holders and other stakeholders participate in network decision-making. This includes a constitution and arbitration forum, voting mechanism, and proposal system to give the community a voice. While EOS has no transaction fees, users must stake their EOS tokens to cover the computational costs of their activity. Block producers receive rewards for their work from a 1% annual EOS inflation rate as the token has no cap.
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Cryptocurrency investment activities, including actions done to buy EOS online via , are subject to market risk. provides easy and convenient ways for you to buy EOS instantly, and we put our best efforts to fully inform our users about each and every cryptocurrency we offer on the exchange, but we are not responsible for the results that may arise from your EOS purchase. This page and any information in it not meant to be interpreted as an endorsement of any particular cryptocurrency or method of acquiring it.