EOS Historical Price Charts – EOS Price History
Last Update: January 13th, 2021
The cryptocurrency EOS is a platform that was invented to enable developers to create decentralized apps. The blockchain was launched in June 2018, and the aim of the EOS project is simple: to present it as candidly as possible, so that programmers can adopt the blockchain technology — with the assurance that this particular network is more comfortable to use than those of the competitors. Consequently, several tools and various learning resources are extended to assist developers who want to build functional apps quickly.
A few of the other features include delivering more generous scalability levels than other blockchains, some of which can barely examine under a dozen transactions per second.
EOS also strives to enhance the experience, not only for the users but also for businesses. Whereas the project seeks to achieve higher security and less resistance for users, it also strives to unleash flexibility and enterprise compliance.
Founders of EOS
The company, Block.one, developed the EOS platform, while Daniel Larimer and Brendan Blumer authored the EOS white paper. Both of the authors then proceeded to become members of Block.one’s management, with Blumer as CEO and Daniel Larimer as CTO.
Blumer is a successful entrepreneur, with a lot of interesting achievements behind him. One of his projects included the virtual trading of assets for video games. He moved on to co-found Okay.com, which is an online real estate company in Hong Kong.
Larimer, on the other hand, is a software programmer who has also founded a range of crypto enterprises, including the crypto trading platform BitShares and the Steem blockchain.
Major Factors that Influence the EOS:
- The supply of bitcoin and the market demand for it
- The cost of generating a bitcoin via the mining method
- The awards issued to bitcoin miners for verifying transactions to the blockchain
- The number of competing cryptocurrencies
- The exchanges it trades on
- Regulations governing its sale
- Its internal governance
About the author
Arslan Butt serves as the Lead Commodities and Indices Analyst, bringing a wealth of expertise to the field. With an MBA in Behavioral Finance and active progress towards a Ph.D., Arslan possesses a deep understanding of market dynamics.His professional journey includes a significant role as a senior analyst at a leading brokerage firm, complementing his extensive experience as a market analyst and day trader. Adept in educating others, Arslan has a commendable track record as an instructor and public speaker.His incisive analyses, particularly within the realms of cryptocurrency and forex markets, are showcased across esteemed financial publications such as ForexCrunch, InsideBitcoins, and EconomyWatch, solidifying his reputation in the financial community.
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