Why EOS can be a good coin to be HODL in 2020 - Part 2

By EOSforfuture | EOS Blockchain | 18 Aug 2020


 

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What Is EOS?

EOSIO blockchain is a decentralized system that is powered by its native cryptocurrency, EOS, and supports decentralized applications (DApps) on its platform.There is no transaction fees when sending EOSIO coins instead protocol acts like Google's Play Store and Apple's App store, emulating most of the attributes of a real computer, including hardware (CPU(s) & GPU(s) for processing, local/RAM memory and hard-disk storage) with the computing resources distributed equally among EOS cryptocurrency holders. EOS also supports a web-toolkit used for interface development.

Can you mine EOS ?

No EOS coins caanot be mined,because it uses a delegated proof-of-stake system; instead, block producers create the blocks and are rewarded for each block by the creation of new EOS tokens.

How Do You Buy EOS?

You can buy EOS on any cryptocurrency exchange that supports the token.I personally deposit Bitcoin in Coinbase and exchange bitcoin to EOS with zero or minimum fees.

                        

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EOS enters the list of top 10 cryptocurrency in the world currenly priced at 3.70$,with all time high at price 22.89$.In my previous post around three days ago it was priced around 3.5$.This is the perfect time to buy and HODL some and if all goes well,EOS is all set to fly to moon :)

 

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EOSforfuture
EOSforfuture

i am a crypto enthusiast who believes crypto is going to replace paper money in the near future


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