EOS operates on the EOSIO network which serves as a blockchain designed for platforms such as dApps. With the goal of making decentralized app development easier.
The network runs on delegated proof-of-stake (dPoS) consensus model. This is very similar to the Proo-of-Stake network only now clay owners can also validate with it. However, the larger the number the more voting rights you get.
EOS was founded by the company Block.one in 2017. The company was founded by businessman Brendan Blumer and software fanatic Daniel Larimer. Larimer founded Bitshares in 2013 along with Charles Hoskinson, also known from Cardano and as co-founder of Ethereum.
XTZ owners have the opportunity to vote for or against changes in the cryptocurrency.
The Tezos Foundation was established in 2017 after an ICO raised up to $232 million. Tezos' co-inventor, Arthur Breitman, is currently still a member of the foundation's board of directors.
Among other things, Tezos allows you to create smart contracts that are stored on the blockchain.
EOS statistics from the last 24 hours
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After a record high investment round of 4 billion, the coin entered the market with a price of €1.75. Soon the price dropped to €0.48 which was also the coin's lowest price.
In November 2017, EOS achieved a market cap of 1 billion, this caused the coin to reach its all-time high in 2018 with a price of €17.88. This followed with another decline to 1.76.
EOS also benefited from the bull run. Thus, the price rose to €11.71 which followed with a drop to €0.94.