{"id":220,"date":"2021-03-09T22:20:59","date_gmt":"2021-03-09T22:20:59","guid":{"rendered":"https:\/\/investapal.com\/TV\/?page_id=220"},"modified":"2021-03-09T22:20:59","modified_gmt":"2021-03-09T22:20:59","slug":"what-is-eos","status":"publish","type":"page","link":"https:\/\/investapal.com\/TV\/education\/what-is-blockchain-technology\/what-is-eos\/","title":{"rendered":"What is EOS?"},"content":{"rendered":"\n<p>EOS is a cryptocurrency that was created by <a href=\"https:\/\/bitcoinexchangeguide.com\/founder-dan-larimer-says-eos-blockchain-can-process-1000-sustainable-tps-and-up-to-3000-in-all\/\">Dan Larimer<\/a>, 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.<\/p>\n\n\n\n<p>What makes EOS so unique is the fact that it makes use of a novel consensus mechanism called the <a href=\"https:\/\/bitcoinexchangeguide.com\/eos-dan-larimer-proof-of-work-pow-blockchains-harder-to-upgrade-than-delegated-proof-of-stake-dpos\/\">delegated POS<\/a> (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.<\/p>\n\n\n\n<p>From its very inception, <a href=\"https:\/\/bitcoinexchangeguide.com\/cryptocurrency-news\/coins\/eos-eos\/\">EOS<\/a> has continued to grow in popularity and since the start of 2020, the currency has been trading around the $2.70 mark.<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>All-time High (ATH) Value: $23<\/li><li>Market Debut: July 2017<\/li><li>2019 High: $8.28<\/li><li>2019 Low: $2.35<\/li><\/ul>\n","protected":false},"excerpt":{"rendered":"<p>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 [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":190,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"nf_dc_page":"","om_disable_all_campaigns":false,"footnotes":""},"class_list":["post-220","page","type-page","status-publish","hentry"],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/investapal.com\/TV\/wp-json\/wp\/v2\/pages\/220","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/investapal.com\/TV\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/investapal.com\/TV\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/investapal.com\/TV\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/investapal.com\/TV\/wp-json\/wp\/v2\/comments?post=220"}],"version-history":[{"count":1,"href":"https:\/\/investapal.com\/TV\/wp-json\/wp\/v2\/pages\/220\/revisions"}],"predecessor-version":[{"id":221,"href":"https:\/\/investapal.com\/TV\/wp-json\/wp\/v2\/pages\/220\/revisions\/221"}],"up":[{"embeddable":true,"href":"https:\/\/investapal.com\/TV\/wp-json\/wp\/v2\/pages\/190"}],"wp:attachment":[{"href":"https:\/\/investapal.com\/TV\/wp-json\/wp\/v2\/media?parent=220"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}