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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.

0.174466 EOS = 1 AUD

EOS EOS	AUD Australian Dollar
0.01 EOS	0.0573 AUD
0.1 EOS	0.5732 AUD
1 EOS	5.7318 AUD
2 EOS	11.4636 AUD
3 EOS	17.1954 AUD
5 EOS	28.6590 AUD
10 EOS	57.3179 AUD
20 EOS	114.6358 AUD
50 EOS	286.5895 AUD
100 EOS	573.1790 AUD
1000 EOS	5731.7903 AUD