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.

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.

EOS Price Chart

AUD 6.88
AUD -1.72 (-19.98%)
AUD 9,194,752,345.00
AUD 8.78
AUD 6.19
Market Cap:
AUD 6,580,949,437

0.145430 EOS = 1 Australian Dollar (AUD)

EOS [EOS]AUD [Australian Dollar]
0.01 EOS=0.0688 Australian Dollar
0.1 EOS=0.6876 Australian Dollar
1 EOS=6.8761 Australian Dollar
2 EOS=13.7523 Australian Dollar
3 EOS=20.6284 Australian Dollar
5 EOS=34.3807 Australian Dollar
10 EOS=68.7614 Australian Dollar
20 EOS=137.5229 Australian Dollar
50 EOS=343.8071 Australian Dollar
100 EOS=687.6143 Australian Dollar
1000 EOS=6876.1429 Australian Dollar