In 2017, a white paper was published and EOS was launched January 31, 2018, by Dan Larimer, who is also the founder and creator of established platforms like Bitshares (alongside Charles Hoskinson, a co-founder of Ethereum) in 2013 and Steem blockchain in 2016. Brendan Blumer is the CEO of Block. one, the tech company producing the EOS.IO distributed ledger software. Block.one raised over $4 billion to support the blockchain during the Initial Coin Offering (ICO) period.
EOS.IO is a blockchain protocol based on the cryptocurrency EOS. The smart contract platform claims to eliminate transaction fees and also conduct millions of transactions per second. EOS provides secure access and authentication, permissioning, data hosting, usage management, and communication between the dApps and the Internet. EOS is also supported by a web toolkit for interface development, making it a complete offering for hassle-free app development. EOS has a total supply of 936 million EOS in circulation and a supply maximum limit of 1.02 billion native EOS tokens.
EOS is a blockchain decentralized system infrastructure that enables the development of decentralized applications (dApps). EOS supports secure access and authentication, permissioning, data hosting, usage management, and communication between the dApps and the Internet.
It is possible to buy EOS through Binance, Coinbase, Kraken and countless other exchanges. Given how widely used it is in the crypto industry, you’ll probably be hard pressed to find a trading platform that doesn’t support it. Some services will allow you to use fiat currencies to make a purchase, either through a bank transfer or a credit card.