EOS
EOSWhat is The CoinDesk 20?
The CoinDesk 20 filters from the larger universe of thousands of cryptocurrencies and digital assets to define a core group of 20.
These assets constitute roughly 99% of the market by volume at eight of the largest and most trustworthy exchanges.
Price
$4.01
24 Hour % Change
4.57%
Market Cap
$3.82B
Volume (24h)
$2.59B
USD
Linear
Log
to
Key metrics
24 Hour Low
$3.74
24 Hour High
$4.08
Net change
$0.175568
24 Hour Open
$3.84
All time high
$22.71
Total Supply
953.52M
Returns (24H)
4.57%
Returns (YTD)
49.46%
Volatility (30d)
1.50
Transaction Count (24h)
2.21M
Average Transaction Fee (24h)
n/a
Value Transacted (24h)
n/a
About EOS
Category
Software Platform
Value proposition
Global computer
EOS is the native cryptocurrency for the EOS.IO blockchain platform with smart contract capabilities. The company Block.one created EOS.IO in September 2017 and it now has over 100 dapps with thousands of daily active users. It enables decentralized apps, or dapps, to be created by software developers. The platform is more scalable than many other blockchain networks, with the ability to process one million transactions per second without any fees. Its dapp development capability makes EOS similar to Ethereum with the notable distinction that transaction confirmations are done through a different type of consensus system. Block producers are chosen by the EOS ecosystem through a voting mechanism known as delegated-proof-of-stake (DPoS). In order to vote, users must stake tokens for three days without selling them, putting them at risk of losing money should the price of the token drop during that time. There is no maximum supply limit of EOS tokens. The delegated proof-of-stake model uses inflation, capped at 5% annually, to fund transactions and pay block users.
Disclaimer
Any data, text or other content on this page is provided as general market information and not as investment advice. Past performance is not necessarily an indicator of future results. CoinDesk is an independently managed media company, wholly owned by the Digital Currency Group, which invests in cryptocurrencies and blockchain startups. DCG has no operational input into the selection or curation of CoinDesk content in all its forms.
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