EOS is a blockchain-based decentralized operating system developed by Block.one, a blockchain technology company. EOS aims to provide a scalable, efficient, and secure platform for creating and running decentralized applications (DApps). EOS uses a consensus mechanism called Delegated Proof of Stake (DPoS) to verify and confirm transactions by electing 21 supernodes. These supernodes are voted by EOS holders, and each supernode has a certain amount of voting power and rewards.
EOS also provides a resource called EOS RAM for storing the data and status of DApps. The supply of EOS RAM is limited, so its price may rise as demand increases. EOS also provides a resource called EOS CPU for executing smart contracts for DApps. The supply of EOS CPU is also limited, so its price may also rise as demand increases.
Overall, EOS is a very promising blockchain platform that provides an efficient, secure, and scalable environment for creating and running DApps.
