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About

EOS is a cryptocurrency and blockchain platform designed for scalability and user-friendliness. Introduced by Block.one in 2018, its architecture aims to enable the vertical and horizontal expansion of Decentralised Applications (dApps). Unlike other blockchains, EOS positions itself as an “operating system” for dApps, offering them built-in services such as user authentication, cloud storage, and server hosting. EOS uses the Delegated Proof of Stake (DPoS) consensus algorithm, which allows token holders to elect block producers, creating a more democratic and efficient environment. Unique for eliminating transaction fees and focusing on the user experience, EOS seeks to address the limitations of previous blockchain systems and support several mainstream use cases, making it easier for businesses to adopt blockchain technology.