EOS is a blockchain platform that functions as a decentralized application development project (Dapps), where the main focus is to provide a Dapps platform that is safe and easy for users to use.
Just like most web-based applications, EOS also supports all core functions, such as access to security and authentication, permissions, data hosting, usage management, and interactions between Dapps and the internet. EOS was founded by Dan Larimer, where he himself was the founder of Bitshares and Steem.
The EOS blockchain network also claims to have been able to eliminate or delete transaction fees and be able to do millions of transactions in just one second. Because the blockchain Ethereum is the first blockchain that supports the development of Dapps, EOS stands on the blockchain network Ethereum. But there is a bit of weakness from the Ethereum blockchain because it is slow to process many transactions because how to manage each block can only store certain information.
EOS is growing rapidly towards the highest all-time acquisition as recorded in children in January. Back in January, which was the month for the crypto community because the majority of currencies managed to set a new record price, EOS traded at a price of 18.16 $ per one unit.
Earlier this week, EOS traded at 14 $ followed by a series of gains, however, it seems that this currency is getting closer to high all the time every day because it has another good change in today's prices, on April 27.
Following the latest changes in the market, the majority of currencies that traded down in yesterday's red are now trading in green with EOS in the head with more than 60% of the gains collected for one week.
At the same time, these results make the EOS the fastest growing coin this week with a high probability of reaching a price of 18 $ and rising and exceeding the initial record price.
After the latest changes in the market, EOS has risen to 20.63% against the dollar when trading in the green zone.
In addition, EOS also trades against BTC and ETH, up 14.72% against Bitcoin and 12.04% against Ethereum, which means EOS is still doing better than BTC and ETH on the market.
