What is the EOS.io (EOS)
EOS is a next-generation blockchain ecosystem that continues to gain high media attention with its record-breaking ICO and exclusive functionality. Importantly, the EOS.io platform has entered the industry with the intention of simplifying the programming and integration of smart contracts and creating open apps (Dapps).
One of the most striking features of the EOS.io platform is that it virtually removes transaction costs by its special framework. In comparison, the platform is highly scalable. Reports confirm that EOS.io is able to outperform big credit cards, such as Visa, in terms of purchases per second. EOS offers the right foundation for Dapp developers in this way.
Dapps are protocols designed to run across open networks such as tor or blockchains. These apps vary considerably from their centralized predecessors because they do not need centralized assistance to function. Dapps depend on a collection of specifications to ensure interoperability across the industry. In this way, Dapps presents the community with a more inclusive approach to the market.