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EOS EOS

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1. Summary

Fundamental Rank
100
Developer Rank
78
Social Rank
99
Coinrank
93
Price
$3.69 +0.9%
Market Cap
$3.54B (#20)
Supply
959.42M / 0
Description

Discussing EOSIO, it is a platform developed to allow developers to build their own decentralized applications (dApps).

This is a technology by all means that tries to solve issues when using a blockchain to run dApps, mainly due to the fact that popular apps have clogged the capacity on the larger, and more developed...

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Discussing EOSIO, it is a platform developed to allow developers to build their own decentralized applications (dApps).

This is a technology by all means that tries to solve issues when using a blockchain to run dApps, mainly due to the fact that popular apps have clogged the capacity on the larger, and more developed blockchains such as Ethereum have suffered due to it in terms of performance.

EOSIO on the other hand has specifically made design choices that have helped it increase the performance of dApps in a way through which more transactions are confirmed per second and fees that are charged to users when making transactions are eliminated.

In fact, software developers that end up using EOSIO can develop dApps using WebAssembly languages such as C++, Java, and even Python.

The EOS Token Explained

EOS is a native cryptocurrency on EOSIO and is required to pay the costs of operating the blockchain.

Software updates are also decided through voting using EOS.

EOS is also required to purchase all of the three resources that are used to power the EOSIO blockchain, including bandwidth, computation, and state storage.

Features of EOSIO

The EOSIO blockchain is designed to perform as a real computer would, and the software uses similar concepts when it comes to its operation.

There are three types of main resources that power the EOSIO blockchain and these are the bandwidth that is required for relaying the information across the network, the computation which is the processing power it takes to run a dApp, and the state storage that is used to store data on its blockchain.

It is important to note that the dApps that are developed on EOSIO do not require users to pay for transactions, which makes EOS free to transfer for dApp users. These costs are not fully gone through, as they are simply moved to dApp developers that have to pay for network resources.

When it comes to the security of the blockchain as a whole, EOSIO uses a system known as delegated proof-of-stake (DPoS). This system implements real-time voting as well as a reputation system that decides who can create the next block on the blockchain. In other words, this means that anyone that owns EOS can help operate the network, and the more tokens a user has, the more likely they are to be chosen by the software to make these decisions. Each EOS token has the ability to be locked or staked to represent one vote that can be used to support the development of the platform going forward.

Founders of EOSIO (EOS)

The EOS platform was developed by a company known as Block.One.

The whitepaper was written by two people, Daniel Larmier and Brendan Blumer.

Brendan Blumer serves the role of the CEO and is a serial entrepreneur, and he has a history involved with selling virtual assets for video games. He co-founded Okay.com before this.

Daniel Larmier serves the role of the CTO and is a software programmer who has started a series of cryptocurrency products such as BitShares and the Steem Blockchain.

2. Price

$EOS / USD

2.1. Market Performance

How does EOS's (EOS) performance compare to assets of a similar market capitalization?

30 Day Return

-15%

EOS

8%

Similar Market Cap

60 Day Return

-34%

EOS

-28%

Similar Market Cap

1 Year Return

43%

EOS

55%

Similar Market Cap

3. Developer Activity

We're monitoring 100 Github repos for the EOS project.

Commits vs. The Market

  • Past 4 weeks: 19 commits vs. an average of 58
  • Past 12 weeks: 309 commits vs. an average of 244
  • Past year: 3,337 commits vs. an average of 1,512

Top Repos by Code Commits

Past week 10
Past 12 weeks 170
Past year 1866
Past week 0
Past 12 weeks 0
Past year 350
Past week 1
Past 12 weeks 18
Past year 272
Past week 0
Past 12 weeks 22
Past year 239
Past week 2
Past 12 weeks 57
Past year 181
Past week 0
Past 12 weeks 0
Past year 80
Past week 2
Past 12 weeks 34
Past year 69
Past week 0
Past 12 weeks 0
Past year 39
Past week 0
Past 12 weeks 1
Past year 37
Past week 0
Past 12 weeks 0
Past year 26
Past week 0
Past 12 weeks 0
Past year 20
Past week 0
Past 12 weeks 0
Past year 20
4. Social Activity
Reddit Subscribers (eos) 88,873
Active Reddit Users 268
Telegram Users 16,340
Twitter followers 224,757
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