Eos (EOS) price for today $5.11
Market capitalization $4,918,215,885
Price movement in the last 24 hours
POS return of investment yearly 4.38 %
24-hour trading volume $1,389,470,983.07.
POS return of investment montly 0.37 %
EOS to stake : 0.00 EOS ($0.00)
Yearly Earning : 0.00 EOS ($0.00)
Monthly Earning : 0.00 EOS ($0.00)
Weekly Earning : 0.00 EOS ($0.00)
Daily Earning : 0.00 EOS ($0.00)
The creators of EOS came up with a completely new solution based on the so-called delegated proof of stake, in which there is a predetermined number of delegates. There are a total of 21 of them in the system and they are elected based on the votes of all cryptocurrency holders. The transactions are then confirmed by these "VIP users". The votes of EOS holders do not have the same weight. The more tokens you have, the more valuable your voice is. Thanks to this principle of transaction confirmation, it is possible to set zero transaction fees, much less electricity is consumed and at the same time the system remains fast and secure enough, says its creators. Due to long-term sustainability and security, delegates do not have a permanent position, but can be dismissed.