The current price of EOS is ₺18.5031. Over the last 24 hours, EOS has increased by +2.75%. It currently has a circulating supply of 1,516,885,789 EOS and a maximum supply of 2,100,000,000 EOS, giving it a fully diluted market cap of ₺28.07B. At present, the EOS coin holds the 60 position in market cap rankings. The EOS/TRY price is updated in real-time.
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EOS (EOS) is one of the third-generation blockchains looking to redefine how we access and use decentralized applications (dApps). The goal is to create a robust infrastructure where developers can launch and run permissionless applications.
Like Ethereum, EOS relies on smart contract technology to eliminate intermediaries and enable self-executing services. As a third-generation blockchain, EOS focuses on performance and user experience. This is evident in its network speed and low transaction fees. Users can enjoy near-zero fees even as EOS can process up to 4,000 transactions per second.
EOS owes its optimized performance to its delegated Proof of Stake (DPoS) consensus protocol that offers high scalability without requiring validators or participants to purchase expensive hardware. As its name implies, the DPoS protocol is the variant of the popular Proof of Stake (PoS) algorithm that involves delegating votes and stakes to validator nodes, also known as block producers in the EOS ecosystem.
Holders of EOS tokens are awarded governance power equivalent to their stake in the system. Token holders can also vote for block producers by delegating their stake to them. Additionally, they can vote on proposals for upgrading or modifying the protocol.
Like most crypto projects, EOS's consensus mechanism adopts an incentivized method for enabling a sustainable and secure blockchain. Block producers receive EOS when they add new blocks to the EOS blockchain.
EOS price and tokenomics
The EOS token sale lasted a year, during which 900 million EOS tokens were sold. Another 100 million EOS was set aside for Block.one, the company that developed EOS and the EOSIO blockchain framework. These tokens were subjected to a vesting period. In total, 1 billion EOS tokens were created during the ICO stage.
Another noteworthy fact about EOS was that it first existed as an ERC-20 token. However, in June 2018, the ERC-20 version of EOS became redundant as holders began to swap their coins for the new EOS token native to the EOS blockchain.
EOS has an inflationary emission mechanism, as its supply is not capped. Instead of imposing transaction fees as part of the validator's reward mechanism, the EOS ecosystem generates new EOS tokens to pay block producers.
About the founders
The EOSIO blockchain framework used as the building block for EOS was developed by Block.one, a blockchain development company co-founded by Daniel Larimer and Brendan Blumer in 2017.
Larimer is popular within the blockchain ecosystem as a serial entrepreneur and influential developer. He introduced the delegated PoS consensus mechanism and served as the CTO of Block.one until 2020. Before his involvement with EOS, Larimer founded the decentralized exchange BitShares and a blockchain-based social media platform called Steemit.
On the other hand, Blumer is currently the CEO of Block.one. Before his stint in the blockchain industry, Blumer launched Okay.com, one of South Korea's largest real estate agencies.
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Number of posts mentioning a token in the last 24h. This can help gauge the level of interest surrounding this token.
Contributors
Number of individuals posting about a token in the last 24h. A higher number of contributors can suggest improved token performance.
Interactions
Sum of socially-driven online engagement in the last 24h, such as likes, comments, and reposts. High engagement levels can indicate strong interest in a token.
Sentiment
Percentage score reflecting post sentiment in the last 24h. A high percentage score correlates with positive sentiment and can indicate improved market performance.
Volume rank
Volume refers to post volume in the last 24h. A higher volume ranking reflects a token’s favored position relative to other tokens.
In the last 24 hours, there have been 3.2K new posts about EOS, driven by 841 contributors, and total online engagement reached 928K social interactions. The sentiment score for EOS currently stands at 83%. Compared to all cryptocurrencies, post volume for EOS currently ranks at 0. Keep an eye on changes to social metrics as they can be key indicators of the influence and reach of EOS.
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Posts
3,191
Contributors
841
Interactions
927,549
Sentiment
83%
Volume rank
#0
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Posts
1,249
Interactions
415,962
Sentiment
77%
EOS FAQ
What is EOS?
EOS is an open-source blockchain that provides the crypto infrastructure and the smart contract technology necessary for launching and managing decentralized applications. The platform uses delegated Proof of Stake to ensure that transactions are finalized without the need for central authorities.
What makes EOS unique?
The EOS blockchain prides itself on a more flexible and faster alternative to legacy blockchains. As a direct competitor to Ethereum, the EOS ecosystem has adopted technologies that will help give it an edge over other smart contract-enabled blockchains.
For one, EOS offers more flexibility to developers as they can create decentralized applications using multiple programming languages, including Java and Python. EOS also implements an eco-friendly and scalable consensus mechanism that allows it to beat the transaction speed of legacy blockchains, including Ethereum and Bitcoin.
Where can I buy EOS?
Easily buy EOS tokens on the OKX TR cryptocurrency platform. Available trading pairs in the OKX TR spot trading terminal include EOS/USDT, EOS/USDC, EOS/BTC, and EOS/ETH.
To view the estimated real-time conversion prices between fiat currencies, such as the USD, EUR, GBP, and others, into EOS, visit the OKX TR Crypto Converter Calculator. OKX TR's high-liquidity crypto exchange ensures the best prices for your crypto purchases.
How much is 1 EOS worth today?
Currently, one EOS is worth ₺18.5031. For answers and insight into EOS's price action, you're in the right place. Explore the latest EOS charts and trade responsibly with OKX TR.
What is cryptocurrency?
Cryptocurrencies, such as EOS, are digital assets that operate on a public ledger called blockchains. Learn more about coins and tokens offered on OKX TR and their different attributes, which includes live prices and real-time charts.
When was cryptocurrency invented?
Thanks to the 2008 financial crisis, interest in decentralized finance boomed. Bitcoin offered a novel solution by being a secure digital asset on a decentralized network. Since then, many other tokens such as EOS have been created as well.
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