EOS (EOS) had a bad 24 hours as the cryptocurrency declined $-0.0499999999999998 or -1.40% trading at $3.52. According to Global Cryptocoin Analysts, EOS (EOS) eyes $3.872 target on the road to $7.28392142776582. EOS last traded at Bitfinex exchange. It had high of $3.67 and low of $3.5 for March 3-4. The open was $3.57. About 2.11 million EOS worth $7.56M traded hands.
EOS (EOS) is up 41.94% in the last 30 days from $2.48 per coin. Its up 6.67% in the last 100 days since when traded at $3.3 and the annual trend is down. 200 days ago EOS traded at $4.51. EOS has 1.04 billion coins mined giving it $3.65 billion market cap. EOS maximum coins available are . EOS uses DPoS algorithm and DPoS proof type. It was started on 26/06/2017.
EOS.IO is software that introduces a blockchain architecture designed to enable vertical and horizontal scaling of decentralized applications (the “EOS.IO Software”). This is achieved through an operating system-like construct upon which applications can be built. The software provides accounts, authentication, databases, asynchronous communication and the scheduling of applications across multiple CPU cores and/or clusters. The resulting technology is a blockchain architecture that has the potential to scale to millions of transactions per second, eliminates user fees and allows for quick and easy deployment of decentralized applications. For more information, please read the EOS.IO Technical White Paper.
In the case of EOS, circulating supply and total supply are available but max supply is not available, which indicates that EOS supply is infinite. The current cap is 1 billion tokens, there will be an inflation of up to 5% per annum to reward the block producers and they may use these to sell or to invest back into EOS dapps.
Receive News & Ratings Via Email – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings with our FREE daily email newsletter.