What is EOS Coin (EOS)? | EOS Coin Explained in Under 60 Seconds

EOS is a flexible, transparent and resilient public blockchain which allows users to develop real-world decentralized apps (dApps).

EOS Coin (EOS) - The EOS network is powered by its native cryptocurrency EOS. Holders can use EOS for staking, voting, and the EOS PowerUp Model.

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EOSIO Blockchain Platform - EOSIO is a highly performant open-source blockchain platform that supports the EOS public network. Allows developers, institutions, and others to build with fast transaction speeds and low costs.

EOS Ecosystem - Developed by Block.One, EOSIO uses smart contracts to enable transaction layer infrastructure for security and permissions. EOS is the independent PoS blockchain network build on the open-source framework of EOSIO.

Block.One - EOSIO was developed by Block.One, which is known for producing highly scalable, high-performance, open-source software solutions to merge blockchain technology with large-scale enterprises.

The EOS PowerUp Model - The EOS PowerUp Model is a resource allocation model on the EOS Public Blockchain that allows users to pay a fee to ‘power up’ accounts to transact on the network. Idle tokens can also be deposited to receive a percentage of the power up fees that are generated by the entire EOS blockchain network.

WEBSITE: https://eos.io/