EOS (EOS) - cryptocurrency review
EOS (EOS) - cryptocurrency review

EOS (EOS)

Rank: #49

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EOS Review

EOS is software that creates a scalable blockchain that will be capable of handling millions of transactions per second. Like other platforms, it promises…

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EOS (EOS) – cryptocurrency review


EOS is software that creates a scalable blockchain that will be capable of handling millions of transactions per second. Like other platforms, it promises to eliminate user fees, while making it easy to build and deploy decentralised applications.

What does EOS stand for? I’d love to tell you. Even their own website fails to define the acronym (if indeed it is even intended to be one!) stating instead that people can decide for themselves what it means to them. Add this to the fact that a Caymans exempted company is building the software with advisors from ‘around the world’, I’m afraid we’re left with something rather ambiguous.

block.one, the company developing the EOS software issued a statement that was covered on Steemit. In this post, block.one were quoted as saying in response to the SEC’s investigation of The DAO and the issuance of tokens, “EOS tokens do not have any investment interests, are not designed for investment or speculative purposes, and should not be considered as a type of investment.”

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