EOS is a cryptocurrency that was created by Dan Larimer, a world-renowned developer and crypto pioneer, back in 2018. The project first came to the attention of the masses when its associated ICO successfully was able to raise a whopping sum of $4 Billion from investors spread out across the globe.
What makes EOS so unique is the fact that it makes use of a novel consensus mechanism called the delegated POS (proof of stake mechanism) that not many other currencies currently employ. Not only that, the platform does not make use of a fixed mining protocol, instead, block producers are rewarded for generating blocks based on their overall efficiency.
From its very inception, EOS has continued to grow in popularity and since the start of 2020, the currency has been trading around the $2.70 mark.
- All-time High (ATH) Value: $23
- Market Debut: July 2017
- 2019 High: $8.28
- 2019 Low: $2.35