EOS is a promising new blockchain operating system that will allow users to build more efficiently decentralized applications. The project started being funded through ICO on June 26th and in just 5 days raised over $150M. The ICO will continue for 365 days and that is a very important "detail" which directly affects EOS price.
"The EOS.IO software introduces a new blockchain architecture designed to enable vertical and horizontal scaling of decentralized applications. This is achieved by creating 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 hundreds of CPU cores or clusters. The resulting technology is a blockchain architecture that scales to millions of transactions per second, eliminates user fees, and allows for quick and easy deployment of decentralized applications"
Read the full article
Follow me on steemit
