One of the most popular cryptocurrencies in the present day is EOS. EOS is a type of blockchain technology that works similarly to Ethereum, meaning that users can code smart contracts on this platform and develop dapps on EOS. EOS has beaten ethereum concerning efficiency, scalability, and speed in most aspects. EOS is a new blockchain platform that develops decentralized applications and consists of robust infrastructure supporting the process. The main purpose of EOS is to offer business-friendly and user-friendly tools for building dapps. It overcomes all the challenges present in traditional blockchain platforms such as ethereum.
EOS employs horizontal and vertical scaling so that its application can be completely free for the users. The platform offers a scalable and secure platform where plenty of transactions can run every second. The EOS is a secure and fully functional blockchain platform that offers a wide range of web services like the following:
- User authentication
- Cloud storage dapps
- EOS smart contract