The journey of EOS cryptocurrency started in mid-2017 by Dan Larimer, founder, and creator of Bitshares and Steem. Unlike most of the crypto coins, the ICO and token distribution period of EOS ran over a year. EOS aims to be the quickest platform for Dapps and can process over 50,000 confirmations per second. Ethereum successfully overcame the transaction issues of Bitcoin. Moreover, the Bitcoin blockchain does not support the excessive development of Dapps and DAOS. EOS has challenged the Ethereum blockchain by allowing much faster transactions. This will also enable EOS to create more advanced Dapps. This will also lead towards a future of tokenized economy globally.
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