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EOS

EOS is the native token for EOS.io, a high-scale blockchain system designed for a wide range of different computational operations and use cases. Developed by Block.one, a blockchain company co-founded by BitShares creator Dan Larimer, EOS aims to avoid charging transaction fees, while supporting millions of transactions per second. The network is maintained by 21 Block Producers, who are paid with block rewards.

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What is EOS?

EOS was funded with a controversial year-long token sale that raised $4 billion and attracted attention from the US Securities and Exchange Commission. (Block.one ultimately paid $24 million as a penalty for conducting an unregistered ICO.) EOS features a very fast (0.5-second) block time, which it achieves through its Delegated Proof of Stake consensus, whereby blocks are sent to Block Producers that are known in advance. This entails a degree of centralisation, since there are a limited number of BPs, but high throughput. EOS’s smart contracts allow for the creation of distributed applications, similar to dApps on the Ethereum network.

0.846262 EOS = 1 AUD

EOS EOS	AUD Australian Dollar
0.01 EOS	0.0118 AUD
0.1 EOS	0.1182 AUD
1 EOS	1.1817 AUD
2 EOS	2.3633 AUD
3 EOS	3.5450 AUD
5 EOS	5.9083 AUD
10 EOS	11.8167 AUD
20 EOS	23.6333 AUD
50 EOS	59.0833 AUD
100 EOS	118.1667 AUD
1000 EOS	1181.6667 AUD